PRO VISO Meaning and
Definition
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Pro viso is a Latin phrase with a literal meaning of "for a vision" or "before seeing." It is commonly used in legal contexts to refer to a specific clause or condition that is inserted into a contract or agreement to account for a potential future event or circumstance. The purpose of this provision is to ensure that all parties involved are aware of the potential risks or uncertainties that may arise and to establish guidelines for how these situations will be addressed.
In essence, a pro viso clause allows for flexibility and adaptability in a contract, allowing for adjustments or modifications to be made in response to certain conditions or outcomes that cannot be accurately predicted at the time the contract is formed. This provision serves as a safeguard against unforeseen circumstances that may affect the fulfillment or performance of the contractual obligations.
Pro viso clauses are often used in situations where there is a certain degree of uncertainty or volatility, such as business agreements, joint ventures, or insurance contracts. By incorporating this provision, parties can minimize potential conflicts or legal disputes that may arise due to unforeseen events, as the terms and conditions are predefined to encompass specific scenarios.
Overall, pro viso is a legal term that signifies the inclusion of a flexible clause in a contract to accommodate potential future events, ensuring all parties involved are prepared for any uncertainties that may arise.
Common Misspellings for PRO VISO
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