a contract that is in the process of being performed and has not yet been completed
a contract where both parties have an obligation to perform
a contract where continuing performance is due by both parties
an agreement under which the obligations of both parties to the contract are unperformed
a contract under which debtor and non-debtor each have underperfomed obligations and the debtor, if it ceased further performance, would have no right to the other party's continued performance.
A contract that has not yet been completed because some terms or conditions remain to be completed by one or both of the parties.
A contract where some or all of the obligations of the contract have not been completed. A one year apartment lease where five months remain before the lease ends is an example of an executory contract.
A contract in which one or both of the parties has not yet performed.
A contract which has not yet been completely fulfilled by one or more of the parties.
A contract that specifies an agreement reached between the contracting parties, but that does not become effective unless and until some specified event or action has occurred. A timber sale contract may, for example, specify that the timber is not sold under the contract until the buyer has cut the timber and determined the volume cut.
A contract under which one or more parties has not yet performed.
a contract in which some or all of the obligations of each party have not yet been completed. The debtor-in-possession (or trustee) is allowed to reject unilaterally certain executory contracts.
A contract under which something remains to be done by one or more of the parties.
A contract in which both parties have duties remaining to be satisfied