What does inure to the benefit mean?

What does inure to the benefit mean?

to take effect
Inure, meaning “to take effect, to come into use,” features in the phrase inures to the benefit, which is a fixture in contracts. The phrase inures to the benefit is used in all kinds of. contracts as a wordy alternative to the verb benefits.

What does it mean to inure?

In regards to property law, inure means to vest, which essentially is granting a fixed, immediate right of current or future enjoyment. This is important since it means that an individual now has an absolute right to a current or future interest in something of value.

What is the benefit of shall be binding upon and inure?

The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors, assigns, heirs, beneficiaries and representatives of Borrower and Silicon; provided, however, that Borrower may not assign or transfer any of its rights under this Agreement without the prior written consent of …

What is the difference between enure and inure?

As verbs the difference between inure and enure is that inure is to cause (someone) to become accustomed (to something); to habituate while enure is to inure; to become accustomed or desensitized to something unpleasant due to constant exposure.

What does inure lease mean?

to take effect; to come into
OK, here goes: inure (meaning “to take effect; to come into use”) is lame. You might know inure from “successors and assigns” provisions: This agreement is binding upon, and inures the benefit of, the parties and their respective permitted successors and assigns.

Shall not inure meaning?

According to the Merriam-Webster dictionary, inure is defined as: “To accustom to accept something undesirable “

How do you use the word inure?

Inure in a Sentence 🔉

1. Raising three dramatic daughters will inure you to temper tantrums.
2. After a while, the guards were able to inure themselves to the voices of the prisoners begging for freedom.
3. Even the veteran detective could not inure himself to the sight of a murdered child.

Does your income inure to the benefit of officers members?

A. No part of the income of an NPO may inure to the organization’s members, trustees, or officers. Any earnings of the organization must be used exclusively to promote its statutory objectives (Revised Corporation Code Section 86).

Shall be binding upon and inure definition?

OK, here goes: inure (meaning “to take effect; to come into use”) is lame. You might know inure from “successors and assigns” provisions: This agreement is binding upon, and inures the benefit of, the parties and their respective permitted successors and assigns.

What are the benefits of agreement?

What Are the Benefits of Contracts? Well-drafted contracts provide you and your business many benefits such as: Clarity in business relationships, agreements, and rights of parties. Avoiding potential contract disputes and litigation.

How do you use inure?

Is there a word enure?

TO ENURE. To take, or have effect or serve to the use, benefit, or advantage of a person. The word is often written inure. A release to the tenant for life, enures to him in reversion; that is, it has the same effect for him as for the tenant for life.