Remediation Agreement
/rɪˌmiːdɪˈeɪʃən əˈɡriːmənt/
Definitions
- (n.) A legally binding contract outlining actions one party must take to correct a violation, defect, or non-compliance, often in environmental, regulatory, or contractual contexts.
The company signed a remediation agreement to address the environmental damage caused by its operations.
Forms
- remediation agreement
- remediation agreements
Related terms
See also
Commentary
Used primarily in contexts involving regulatory compliance or contract breaches; clarity on obligations and timelines is essential to effective drafting.
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.