FOLIO Ontology

Expiration Event

IRI:
https://folio.openlegalstandard.org/RCmkrESHrcL7bKILqkwAG1J
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Definition

An Expiration Event in legal terms refers to the occurrence that triggers the end of a legal privilege (e.g., regulatory permission) or obligation (e.g., contract), rendering its terms no longer enforceable. It marks the conclusion of the legal permission or obligation.

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See Also

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Additional Information

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Source and Origin

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