When there's a condition in the contract that requires one side to do (or refrain from doing) an action by a certain time, you have a contract provision.
That phrase is simply re-itterating that you've signed a binding contract. A (blank) is a (blank) is a (blank) is a phrase that is used when someone wants to re-itterate that fact that the blank is...
a unilateral contract is one in which one party 's promise is exchanged with other party's act. insurance contract is unilateral because one party ie the insured pays premium regularly and the...