"Pactum De Quota Litis" Pronounce,Meaning And Examples
"Pactum De Quota Litis" Natural Recordings by Native Speakers
"Pactum De Quota Litis" Meaning
"Pactum de quota litis" is a Latin term that refers to an agreement between parties involved in a legal dispute, where they consent to share the costs or damages resulting from the litigation according to a predetermined proportion or quota. It essentially means a "contractual agreement regarding the division of the lawsuit."
"Pactum De Quota Litis" Examples
1. In their business partnership agreement, the parties included a pactum de quota litis clause, stipulating that any legal disputes would be shared proportionally according to their respective investments.
2. The international treaty between the two countries contained a pactum de quota litis provision, requiring both sides to bear litigation costs in relation to their contribution to the disputed issue.
3. During the negotiation of their divorce settlement, the couple agreed on a pactum de quota litis, which meant they would divide the legal fees incurred based on their financial means.
4. In the joint venture contract, the pactum de quota litis clause ensured that any legal action taken against the partnership would result in liability being apportioned among the partners according to their share in the venture.
5. The shareholders' agreement of the startup company had a pactum de quota litis clause, outlining that legal expenses arising from disputes between them would be shared according to their ownership percentages.
"Pactum De Quota Litis" Similar Phrases
Over And Above
"Over and above" means exceeding or going beyond what is expected or required. It refers to something additional or extra that is added to an already existing amount or level.
Over And Out
"Over and out" is a phrase commonly used in radio communication, particularly in amateur radio and sometimes in fictional portrayals of radio conversations. It signifies the end of a transmission or conversation. "Over" means the speaker has finished speaking and is passing the turn to another person to respond, while "out" indicates that the speaker is ending the communication altogether. However, it's worth noting that in formal radio procedures, "over" is used to indicate the end of a message, and "out" is used to terminate the entire communication session. The combined "over and out" is often considered incorrect but has become a colloquialism.
Over My Dead Body
"Over my dead body" is an idiomatic expression that indicates strong refusal or unwillingness to allow something to happen. It suggests that the speaker would rather die than consent to the proposed action.
Oyer And Terminer
"Oyer and terminer" is an archaic legal term that refers to the power of a court to hear (oyer) and determine (terminer) a case, including the authority to conduct trials, hear evidence, and make judgments. It originated in medieval England and was used to describe the jurisdiction of certain courts to deal with both civil and criminal matters within a specific geographic area. In modern legal systems, the concept has largely been replaced by more streamlined procedures and terminology.
P G Wodehouse
P.G. Wodehouse was a British author and humorist, known for his comedic novels and short stories, particularly those featuring the characters Bertie Wooster and his valet Jeeves. His writing is characterized by its wit, clever wordplay, and depiction of an idyllic, humorous version of English upper-class society in the early 20th century.
Pacta Sunt Servanda
"Pacta sunt servanda" is a Latin phrase that means "agreements must be kept." It is a fundamental principle in contract law and international relations, emphasizing the importance of honoring and fulfilling agreements and commitments made between parties.
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Papua New Guinea