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ironclad agreement

   Also found in: Legal 0.01 sec.
ironclad agreement

A mythical contract that can't be broken—like the Loch Ness Monster, often reported but never confirmed. As a practical matter, there is no agreement that can't be broken if the parties have sufficient resources, well-qualified legal talent, and plenty of time.



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Schumer, who is Chairman of the Senate Housing Subcommittee, vowed today that he would not allow the deal to go through without an ironclad agreement from any buyer that Starrett stays affordable.
 
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