shall become due and payable


shall become due and payable
Due and payable at the option of the holder of the instrument in which the clause appears. Nickell v Bradshaw, 94 Or 580, 183 P 12, 11 ALR 623.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • British nationality law and Hong Kong — British nationality law as it pertains to Hong Kong has been a unique situation ever since Hong Kong was created a British colony in 1842. With its beginning as a trading port to today s cosmopolitan international financial centre, the territory… …   Wikipedia

  • LEASE AND HIRE — The Hebrew term sekhirut embraces the lease of immovable property (houses and fields) as well as the hire of movable property and personal services, and is a near parallel of locatio conductio rei in Roman law. In this article the term hire is… …   Encyclopedia of Judaism

  • Patient Protection and Affordable Care Act — Full title The Patient Protection and Affordable Care Act. Acronym PPACA Colloquial name(s) Affordable Care Act, Healthcare Insurance Reform, Obamacare, Healthcare Reform Enacted by the …   Wikipedia

  • LEGAL AND JUDICIAL SYSTEM — UNDER THE OTTOMAN EMPIRE (1876–1917) Judiciary Throughout the period from the promulgation of the Ottoman Constitution of 1876 until the present time there have been both secular and religious courts exercising jurisdiction in the territory of… …   Encyclopedia of Judaism

  • Nottingham and District Tramways Company Limited — was a tramway operator from 1875 to 1897 based in Nottingham in the United Kingdom. Contents 1 Nottingham Tramways Company 1872 1875 2 Nottingham and District Tramways Company Limited 1875 1897 2.1 …   Wikipedia

  • acceleration clause — A clause in a note or mortgage stipulating that the whole debt secured thereby shall become due and payable upon the failure of the maker to pay the interest annually or to comply with any other condition of the contract. 11 Am J2d B & N § 181;… …   Ballentine's law dictionary

  • Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …   Wikipedia

  • TAXATION — This article is arranged according to the following outline: historical aspects legal aspects the biblical period the talmudic period the post talmudic period in general yardsticks of tax assessment taxable property Place of Residence, Business,… …   Encyclopedia of Judaism

  • China Employment Law — The China Employment Law 2008 is a statute which regulates the contract of employment among workers in China. It was introduced on 1 January 2008.Text from the Actcquote|Effective January 1, 2008 The following is an translated copy of the… …   Wikipedia

  • Timor Sea Treaty — Formally known as the Timor Sea Treaty between the Government of East Timor and the Government of Australia was signed between Australia and East Timor in Dili, East Timor on May 20, 2002, the day East Timor attained its independence from United… …   Wikipedia