Legally, an agreement in principle is a stepping stone to a contract. These agreements in principle are generally considered fair and equitable. Even if not all the details are known, an agreement in principle may, for example, indicate a royalty schedule. Or another example could be tax reform, said the lawmaker in the United States, that the main supporters of the Republican Party have agreed on the principle of the final package. They spoke on condition of anonymity because they were not authorized to speak publicly about private negotiations, as reported by the Associated Press. We have reached an interim agreement in principle on the conditions of the cessation of hostilities, which could begin in the coming days, and the terms of the cessation of hostilities are now complete. In fact, we are now closer to a ceasefire than before. A legally enforceable but insufficiently defined agreement between the parties, which identifies the fundamental conditions that must be agreed or agreed upon. Legally, an agreement in principle is a stepping stone to a contract.

These agreements in principle are generally considered fair and equitable. Even if not all the details are known, an agreement in principle may, for example, indicate a royalty schedule. And I think that during the discussion we had reached an interim agreement in principle on the conditions of the cessation of hostilities, which could begin in the coming days. If there is an agreement in principle signed between these or other parties, I will announce it as a special master.