Define: Verfication
Verification means the successful receipt and acknowledgment of required order details within a specified period.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Verification means the successful receipt and acknowledgment of required order details within a specified period.
Relevant Circumstances
- When an order is only treated as accepted once specific details are confirmed
- If the timing of acknowledgement affects when obligations begin
- Where electronic confirmation is the agreed proof of order acceptance