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Both parties agreement

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This document is an agreement between a Buyer and a Seller to terminate a previously established UCC Sales Agreement. It outlines the mutual consent of both parties to end the sale of specified goods as of a certain date, acknowledging the terms and conditions under which this termination is made.

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What is it called when both parties agree?

A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty.

What is the word for both parties agreeing?

A bilateral contract is a legal agreement where two parties or entities commit to perform specific actions or obligations towards each other. A bilateral contract is where both parties make promises and expect performances in return. This reciprocal nature is the hallmark of a bilateral contract.

What is another word for both agreeing?

The words coincide and concur are common synonyms of agree.

What do you call an agreement signed by both parties?

Assent is used as a noun or a verb with the meaning to agree or approve. The patient gave her assent to be part of the medical study. Many at the meeting nodded in assent. Both parties assented to the terms of the contract.

What is another word for agreed between two parties?

EDITORS NOTE: There are other words designating various types of agreementssuch as deal, pact, pledge, settlement, and treatybut we promised only the As, Bs, and Cs.