Rescue Agreement

/ˈrɛskjuː əˌgriːmənt/

Definitions

  1. (n.) A contract outlining terms under which one party agrees to assist or recover another party in distress, typically related to maritime, aviation, or emergency situations.
    The shipping company entered into a rescue agreement to ensure prompt aid in case of an accident at sea.

Forms

  • rescue agreement
  • rescue agreements

Commentary

Often used in contexts requiring prompt, conditional aid; clarity on scope and liability is crucial in 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.

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