promissory warranty

promissory warranty
An absolute undertaking by an insured, contained in a policy of insurance or in a paper properly incorporated by reference, that certain facts or conditions pertaining to the risk shall continue, or that certain things with reference thereto shall be done or omitted. 29 Am J Rev ed Ins § 709.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • promissory warranty — see warranty 3 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • warranty — war·ran·ty / wȯr ən tē, wär / n pl ties [modification (influenced by warrant ) of Anglo French garantie, from garantir to protect, warrant] 1: a promise in a deed that gives the grantee of an estate recourse (as through an action for damages)… …   Law dictionary

  • warranty — A promise that a proposition of fact is true. The Fred Smartley, Jr., C.A.Va., 108 F.2d 603, 606. An assurance by one party to agreement of existence of fact upon which other party may rely. It is intended precisely to relieve promisee of any… …   Black's law dictionary

  • promissory — /promas(6)riy/ Containing or consisting of a promise; in the nature of a promise; stipulating or engaging for a future act or course of conduct. As to promissory oath promissory representation promissory warranty, see those titles @ promissory… …   Black's law dictionary

  • executory warranty — A promissory warranty. See promissory warranty …   Ballentine's law dictionary

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  • Contractual terms in English law — is a topic which deals with four main issues. which terms are incorporated into the contract how are the terms of the contract to be interpreted whether terms are implied into the contract what controls are placed on unfair terms The terms of a… …   Wikipedia

  • Contractual term — Contract law Part o …   Wikipedia

  • promise — prom·ise n: a declaration or manifestation esp. in a contract of an intention to act or refrain from acting in a specified way that gives the party to whom it is made a right to expect its fulfillment aleatory promise: a promise (as to compensate …   Law dictionary

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