Troll, Patent
Term used to describe entities whose business plan is to …
Category: Negotiation
Ultra Vires
An old legal concept of lack of authority to act, …
Unbalanced Agreement
An unbalanced agreement in the broad sense is one that, …
Undertaking
Two meanings: (i) a promise as in a “contractual undertaking”; …
Unfair Contract Terms Act
U.K. legislation that prohibits the inclusion of certain types of …
Uniform Law Commission
An interstate organisation also known as the National Conference of …
Uniform Mediation Act
A proposed uniform state law from the Uniform Law Commission (the …
Uptime, Uptime Clause, Uptime Provision
A clause in a contract that specifies that a delivered …
Urge-to-Merge
As merger discussions initiated between companies progress, it can be …
Vendor Lock-In
See Lock-In (Consumer)