APS Capital Corp. v. Mesa Air Group, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “‘[A]n agreement is not enforceable unless it resolves all essential terms and leaves no material matters open for future negotiation.’”
• “[W]here an agreement leaves essential terms open for future negotiations, it is not a binding contract but, rather, an unenforceable ‘agreement to agree.”
• “[I]n a contract to loan money, the material terms will generally be: the amount to be loaned, maturity date of the loan, the interest rate, and the repayment terms.”
• “When conceived in terms of legal enforcement, the principle is in a sense logically demanded, axiomatic: ‘In order to be legally binding, a contract must be sufficiently definite in its terms so that a court can understand what the promisor undertook.’”

Source: CourtListener parenthetical corpus (CC0).