Definitions from Wiktionary (cognovit clause)
▸ noun: A provision of a contract in which a debtor concedes to jurisdiction in certain courts, waives notice agreements, and in case of a default or breach grants an adverse judgment.
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▸ noun: A provision of a contract in which a debtor concedes to jurisdiction in certain courts, waives notice agreements, and in case of a default or breach grants an adverse judgment.
Similar:
condition,
connusance,
choice of court agreement,
caveat,
jurisdiction clause,
operative clause,
agreement on the choice of court,
covenant,
cedent,
guillotine clause,
more...
Opposite:
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