Multipartite Agreement
/ˌmʌltɪˈpɑːrtaɪt əˈɡriːmənt/
Definitions
- (n.) A legally binding contract executed by more than two parties, often to establish obligations or rights among all signatories.
The companies entered into a multipartite agreement to share technology and resources.
Forms
- multipartite agreements
Related terms
See also
Commentary
Ensure clarity on the roles and obligations of each party to avoid complexity inherent in multipartite arrangements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.