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The life of the law has not been logic; it has been experience.
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Legal Definitions - exigible
Definition of exigible
Exigible describes something that can be legally demanded or required from a person or entity. It refers to an obligation, payment, or action that is due and enforceable under law or contract.
Example 1: A software development company completes a project milestone as outlined in their contract with a client. The contract specifies that upon successful completion of this milestone, a payment of $25,000 is due.
Explanation: This $25,000 payment is exigible. Once the milestone is successfully completed according to the contract, the software company has a legal right to demand this payment, and the client is legally obligated to provide it.
Example 2: A state environmental regulation mandates that all industrial facilities must submit a detailed report on their waste disposal practices by a specific date each year.
Explanation: The annual waste disposal report is an exigible requirement. The state environmental agency can legally demand this report from industrial facilities, and failure to submit it by the deadline can result in penalties or enforcement actions.
Example 3: Following a car accident, a court orders the at-fault driver to pay a specific amount for the other driver's medical expenses and vehicle repairs.
Explanation: The payment for medical expenses and repairs, as determined by the court, is exigible. The injured driver can legally demand this payment from the at-fault driver, who is legally compelled to fulfill the judgment.
Simple Definition
Exigible describes something that can be legally required or demanded. This term is often used for a debt that is due and payable, meaning the creditor has the right to collect it.