Precedent here means a prior, observed pattern of behavior. It differs from the legal
Precedent means a (legal) decision which can subsequently act as a guide in similar situations or cases. A precedent can also be a case that is governing for the processing of other similar cases. This usually involves administrative resolutions, i.e. individual resolutions passed in accordance with the administrative area of the body concerned which contain a legal opinion that is subsequently used as a basis in other similar cases. It must therefore be possible for fundamental decisions linked to different case areas to be established in an appropriate manner and made available to executive officers.
Examples of Precedent in a sentence
Condition Precedent shall mean a policy term or condition upon which the Insurer’s liability under the policy is conditional upon.
The Issuer's obligation to pay or procure the payment of the Initial Remittance under the Deposit Agreement will be subject to the condition precedent that the Dealer has determined in its absolute discretion that it has received from the Authorised Offeror an amount equal to the Initial Purchase Payment Amount by no later than the Initial Condition Precedent Time on the Initial Condition Precedent Date.
Initial Condition Precedent Time: 12:00 (midday) (Central European Time).
Condition Precedent shall mean a policy term or condition upon which the Insurer's liability under the policy is conditional upon.
The completion of this form is considered a Condition Precedent for Execution of a Contract.
More Definitions of Precedent
Precedent has the meaning set forth in Section 11.1.
Precedent means the historical decisions of the Elections’ Committee;
Precedent means a court decision in an earlier case with facts and legal issues similar to a dispute currently before a court. Judges will generally "follow precedent" - meaning that they use the principles established in earlier cases to decide new cases that have similar facts and raise similar legal issues. A judge will disregard precedent if a party can show that the earlier case was wrongly decided, or that it differed in some significant way from the current case.
Precedent the conditions precedent set forth in the section headed “The Share Purchase Agreement – Conditions Precedent” of this announcement, or one or some of them if the context so requires “connected person(s)” has the meaning ascribed to it in the Listing Rules “Director(s)” the director(s) of the Company
Precedent. As conditions precedent to all of Distributor’s obligations hereunder.
Precedent means a decided case that furnishes a basis for determining later cases involving similar facts or issues.30
Precedent means the conditions precedent in clause 3.1.Control has the meaning given to that term in section 50AA of the Corporations Act and Controlling and Controlled has the corresponding meaning.Convertible Securities means the Piedmont Options and Piedmont Performance Rights.Corporations Act means the Corporations Act 2001 (Cth). Corporations Regulations means the Corporations Regulations 2001. Court means the Supreme Court of Western Australia.Deed Poll means the deed poll to be entered into by US Holdco the form of which is contained in Schedule 3 or in such other form as agreed in writing between Piedmont and US Holdco.Effect means, when used in relation to the Scheme, the coming into effect pursuant to section 411(10) of the Corporations Act of the order of the Court made under section 411(4)(b) of the Corporations Act in relation to the Scheme and Effective has a corresponding meaning.Effective Date means the date the Scheme becomes Effective.Encumbrance means any encumbrance, mortgage, pledge, charge, lien, assignment, hypothecation, security interest, title retention, preferential right or trust arrangement and any other security arrangement of any kind given or created and including any possessory lien in the ordinary course of business whether arising by law or contract.End Date means 30 June 2021, or such later date as agreed to in writing between the parties.Excluded Shares means any Piedmont Shares held by an Excluded Shareholder.Excluded Shareholder means US Holdco and its Affiliates.Excluded Small Parcel Holder means a Small Parcel Holder who has made a valid election referred to in clause 4.7 to not participate in the Sale Facility and will not be treated as a Small Parcel Holder. Scheme Implementation Deed Reference: CS: 0000000 Legal/74196433_16