Stipulators
Plural form of stipulator; individuals or entities that establish specific conditions or terms within an agreement or contract. stipulators play a critical role in negotiations, ensuring that obligations and expectations are clearly defined to avoid misunderstandings and enforce compliance. Their stipulations can influence the direction of the agreement, impacting the interests of all involved parties.
Stipulators meaning with examples
- In the contract negotiation for the new project, the stipulators defined the payment schedule and deliverables, ensuring both parties understood their commitments. By laying out these terms, they fostered a spirit of cooperation and clarity, minimizing the risk of future disputes.
- The stipulators in the legal arbitration made it clear that any changes to the agreement must be documented in writing. This provision helped to establish accountability and provided a clear framework to address potential disagreements moving forward, significantly enhancing the resolution process.
- During the symposium on ethical business practices, the stipulators emphasized the importance of including transparency clauses in all contracts. These clauses not only protect the interests of all parties involved but also cultivate trust, which is essential for long-term partnerships.
- As a crucial component of the merger agreement, stipulators identified specific conditions that needed to be met for the deal to proceed. By addressing these stipulations upfront, they mitigated potential risks and set a definitive pathway to successful integration.