WebIpso facto is a Latin adverb translated as by the fact itself, as in Just because Migel answered dishonestly does not ipso facto mean he is incapable of telling the truth. Ipso … WebJul 15, 2024 · “Applicable law excuses a party, other than the debtor, to such contract or lease from accepting performance from or rendering performance to the trustee or an assignee of such contract;” and The non-debtor party does not …
Ipso facto - Definition, Meaning & Synonyms Vocabulary.com
WebIpso facto is a Latin phrase, directly translated as "by the fact itself", [1] which means that a specific phenomenon is a direct consequence, a resultant effect, of the action in … Webipso facto clause n. : a clause in an agreement stipulating the consequences (as termination of a lease or acceleration of a payment) of the insolvency of one of the parties called also bankruptcy clause ipso facto bankruptcy clause NOTE: An ipso facto clause is invalid under the Bankruptcy Code because a trustee is not bound by any provision ... irish life kick off plan
Ex post facto law - Wikipedia
WebIpso facto clauses definedContracts often contain provisions to the effect that the contracts will terminate upon the bankruptcy or insolvency of one of the contract parties. These clauses, known as ‘ipso facto clauses’, are generally enforceable outside of bankruptcy.An example of an ipso facto clause is as follows:‘This Agreement shall ... WebLegal Definition ipso facto adverb ip· so fac· to ˈip-sō-ˈfak-tō : by that very fact or act : as an inevitable result drove the getaway car and was ipso facto an accessory Etymology New Latin, literally, by the fact itself More from Merriam-Webster on ipso facto Nglish: … Webipso facto adverb formal uk / ˌɪp.səʊ ˈfæk.təʊ / us / ˌɪp.soʊ ˈfæk.toʊ / used to say that it is reasonable to state or believe something based on facts that are already known: You … irish life insurance companies