14:19
I wrote Raytheon instead of RTX since its more recognizable
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LSDefine
Simple English definitions for legal terms
de praesenti
Read a random definition: net-net-net lease
A quick definition of de praesenti:
Term: DE PRAESENTI
Definition: De praesenti means "at present" or "of the present" in Law Latin. It refers to something that is happening right now. For example, if two people agree to get married de praesenti, it means they are getting married right away. This type of agreement is enough to make a marriage legal. De praesenti is also spelled as de presenti. It is different from de futuro, which means "in the future."
A more thorough explanation:
DE PRAESENTI
De praesenti is a Latin term used in law to refer to the present time or the current moment.
1. A consent to marriage de praesenti constitutes marriage in itself.
2. The court ruled that the contract was valid de praesenti, meaning it was currently in effect.
The first example illustrates how a consent to marriage de praesenti means that the couple is considered married at the present moment, without the need for a formal ceremony or further action. The second example shows how the term can be used to indicate that a contract is currently in effect, rather than being a promise for the future.