Pursuant to a Contract: What Does It Mean?
If you have ever read a legal document, then you have likely come across the phrase “pursuant to a contract.” This phrase is commonly used in legal documents, especially in contracts, but what does it actually mean?
In simple terms, “pursuant to a contract” means “in accordance with” or “following the terms of a contract.” This phrase is used to indicate that something is being done or will be done in accordance with the agreements and terms that have been outlined in the contract.
For example, if a company enters into a contract with a vendor for the supply of raw materials, they may specify that the payment for the raw materials will be made pursuant to the terms of the contract. This means that the payment will be made in accordance with the payment schedule and terms outlined in the contract.
Similarly, if a company hires an employee pursuant to a contract, it means that the terms of the employment agreement will be followed. This includes the salary, benefits, working hours, duties, and other terms that have been agreed upon and specified in the contract.
It is important to note that the phrase “pursuant to a contract” is often used in legal documents to provide clarity and avoid confusion. By specifying that something is being done in accordance with the terms of a contract, both parties are aware of their obligations and can avoid any misunderstandings or disputes.
In addition, using this phrase can also provide legal protection in case of a dispute. If one party fails to fulfill their obligations pursuant to the contract, the other party can take legal action and seek remedies as specified in the contract.
In conclusion, “pursuant to a contract” is a legal phrase that is commonly used in contracts and other legal documents. It simply means that something is being done in accordance with the terms and agreements specified in the contract. By using this phrase, both parties can avoid misunderstandings and disputes and ensure that their obligations are clear and legally binding.