A term in the agreement that is considered to be material to the contract or without which the parties would not have entered into it.
A material term in a contract is a provision or clause that is so essential to the agreement that, without it, the parties would not have entered into the contract. Material terms are fundamental to the agreement's execution and enforceability. The following examples and case studies highlight how material terms are recognized and applied in various legal contexts:
These cases further illustrate the importance and implications of material terms in contract law:
For more detailed information, see our related Contracts terms: