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Simple English definitions for legal terms

extension agreement

Read a random definition: Federal Maritime Commission

A quick definition of extension agreement:

Extension Agreement: An agreement that gives more time to complete the original agreement.

A more thorough explanation:

An extension agreement is a legal document that provides additional time for the performance of a basic agreement. It is a written agreement between two parties that extends the deadline for the completion of a project or task.

  • Example 1: A construction company and a client sign a contract to build a house within six months. However, due to unforeseen circumstances, the construction company requests an extension of two months to complete the project. The client agrees to the extension and signs an extension agreement.
  • Example 2: A tenant and a landlord sign a lease agreement for one year. The tenant wants to stay for an additional six months, so they request an extension agreement from the landlord. The landlord agrees to the extension, and they sign a new agreement.

These examples illustrate how an extension agreement can be used to modify the terms of an existing agreement. In both cases, the parties involved agreed to extend the deadline for the completion of a project or task. This allowed them to continue working together and avoid any legal disputes that may have arisen if the original agreement was not fulfilled on time.

extend the limits of debate | extensive interpretation

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JumpySubsequentDolphin
16:39
im allergic to baby cats >:(
JumpySubsequentDolphin
16:40
I used to have a babycat, I only got allergies after he died
JumpySubsequentDolphin
16:40
I think he’s haunting me
babycat
16:40
:(
babycat
16:40
that's too bad
babycat
16:40
you still have me though <3
@babycat: you make my day marginally happier with your scathing wit
16:43
New Father John Misty album out today
16:44
People saying it’s his best yet by far
babycat
16:45
what would I do without you renard99
awww ty wasp :)
i have 4 (baby) cats!
16:46
Damn you know her sarcasm is meant to be scathing when she calls me by my full username and not just Renard
JumpySubsequentDolphin
16:47
@jackfrost11770: FOUR?!??
16:48
I’m only teasing Babycat ily I’ll be seeing you in [REDACTED] very very soon
YES
and they're all rescues from breeders so they're all long haired persians .... w flat faces ....
they're all runts cause breeders just ... dispose of them (:(((() so they're all super tiny
literal babies
babycat
16:49
ily2 renard99
initiallaw
16:49
omg so cute
JumpySubsequentDolphin
16:51
@jackfrost11770: IM SO JEALOUS
2big2fail
16:52
perhaps peggerdine this evening
2big2fail
16:52
but then again, perhaps not
JumpySubsequentDolphin
16:53
damn no ucla wave
16:56
Hey guys! chance me 340/340GRE- 2 years work experience at PIL and wrote compelling statements. but my masters gpa is kinda 3.1 because I was domestically abused. :p
babycat
16:59
schools mostly care about your undergrad GPA
umarrussell
17:07
whats a good GRE score
1a2b3c4d26z
17:07
100% chance at getting into a law school
umarrussell
17:07
i feel like you have to score fairly high to get in with GRE
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