Togo President Faure Gnassingbe told a group of African leaders who met with Prime Minister Benjamin Netanyahu in New York on Thursday that African countries hesitant about strengthening ties with Israel should stop looking for excuses and work with Jerusalem to safeguard Africaâs interests.
Search Legal Terms and Definitions. requirements contract. n. a contract between a supplier (or manufacturer) and a buyer, in which the supplier agrees to sell all the particular products that the buyer needs, and the buyer agrees to purchase the goods exclusively from the supplier. A requirements contract differs from an an output contract, in which the buyer agrees to buy all the supplier produces.
DEFINITION of 'Implied Contract Terms'. Items that a court will assume are intended to be included in a contract, even though they are not expressly stated.usinesspeople generally do not want to rely upon a court's interpretation of implied terms, so a good contract will often be very lengthy so that as many material items as possible are written into the contract.