§ 56.051 Enforcement of Clause Prohibited to Extent Certain Contractual Obligations Not Met
§ 56.052 Enforcement of Clause Prohibited Following Notice From Contingent Payee
§ 56.053 Enforcement of Clause Prohibited If Existence of Sham Relationship
§ 56.054 Enforcement of Clause Prohibited If Unconscionable
§ 56.055 Use of Clause to Invalidate Enforceability or Perfection of Mechanic’s Lien Prohibited
§ 56.056 Assertion of Clause as Affirmative Defense
§ 56.057 Allocation of Risk Permitted

Terms Used In Texas Business and Commerce Code Chapter 56 > Subchapter B - Contingent Payment Clause

  • Contract: A legal written agreement that becomes binding when signed.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Docket: A log containing brief entries of court proceedings.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Justice: when applied to a magistrate, means justice of the peace. See Texas Government Code 312.011
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Property: means real and personal property. See Texas Government Code 311.005
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005