The phrase “as per agreement” is often used in legal, business, and contractual settings. It refers to the agreement or terms that have been agreed upon by the parties involved. It is important to understand the meaning of this phrase, especially when it comes to legal documents and contracts.
In essence, “as per agreement” means in accordance with the terms of the agreement. This phrase is often used to indicate that certain actions or decisions must be made based on the terms that have been previously agreed upon. It is a common clause added to contracts to ensure that both parties are aware of their obligations and responsibilities in the agreement.
For example, imagine that two businesses have entered into a contract to sell merchandise to each other. If one business fails to deliver the goods on time, the other business may respond by saying, “We expect the delivery to be made as per agreement.” This means that they expect the delivery to be made in accordance with the terms of the contract, which may include specific deadlines or delivery conditions.
“As per agreement” is also used to avoid ambiguity and ensure clarity in business or legal documents. It is included as a standard clause in many contracts and agreements to avoid any confusion or misinterpretation of the terms. This phrase makes it clear that any action or decision made under the agreement must be in compliance with the terms of the agreement.
In summary, “as per agreement” simply means in accordance with the terms of the agreement. It is an important phrase to understand when entering into legal contracts or agreements, as it emphasizes the importance of compliance with the agreed-upon terms. By including this phrase in contracts, both parties can ensure that their obligations and responsibilities are clearly stated and understood. As a professional, it is important to use this phrase correctly in any relevant content to help ensure accuracy and avoid confusion.