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LSDefine

Simple English definitions for legal terms

independent covenant

Read a random definition: litigation privilege

A quick definition of independent covenant:

An independent covenant is a type of promise made in a contract or agreement that imposes a duty on one party that does not depend on the other party's prior performance. This means that the other party does not have to perform until the duty is fulfilled. It is different from a dependent covenant, which imposes a duty that depends on the other party's prior performance. Independent covenants are often used in real estate transactions and can be either affirmative or negative. An affirmative covenant obligates a party to do something, while a negative covenant requires a party to refrain from doing something.

A more thorough explanation:

An independent covenant is a type of covenant that imposes a duty that does not depend on the other party's prior performance. This means that the party who is obligated to perform the covenant must do so regardless of whether the other party has fulfilled their obligations. For example, if a landlord covenants to make repairs to a rental property, this is an independent covenant, and the tenant is not required to fulfill any obligations before the landlord makes the repairs.

One example of an independent covenant is a covenant not to sue. This is a promise by the creditor not to sue either permanently or for a limited period. If the creditor sues despite their promise not to, the debtor has a counterclaim for damages for breach of the creditor's covenant not to sue which is equal to and cancels the original claim.

Another example of an independent covenant is a covenant of seisin. This is a covenant, usually appearing in a warranty deed, stating that the grantor has an estate, or the right to convey an estate, of the quality and size that the grantor purports to convey. For the covenant to be valid, the grantor must have both title and possession at the time of the grant.

independent counsel | independent creation

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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