{"@context":"https://schema.org","@type":"DefinedTerm","identifier":"governance.time-is-of-the-essence","name":"Time is of the essence","alternateName":["time-essential clause"],"description":"A clause making timely performance a fundamental contractual requirement for specified obligations.","disambiguatingDescription":"Here “Time is of the essence” means: A clause making timely performance a fundamental contractual requirement for specified obligations.","url":"https://pitch.dog/startupwords/terms/time-is-of-the-essence/","inDefinedTermSet":"https://pitch.dog/startupwords/","edition_status":"research-preview","family_version":"0.18.0","machine_readable_notice":"Definitions are educational reference material. Context, jurisdiction and professional practice may change the correct interpretation."}