Русско-англо-русский юридический словарь

In the absence of an express or fixed time established by the parties to an agreement or contract (especially one that falls under the purview of the Uniform Commercial Code [UCC]), any time which is not manifestly unreasonable under the circumstances. For example, if a contract does not fix a specific time for performance, the law will infer (and impose) a reasonable time for such performance. This is defined as that amount of time which is fairly necessary, conveniently, to do what the contract requires to be done, as soon as circumstances permit. The term "reasonable time" has other (related) applications: UCC 2-206(2) requires that acceptance of an offer be made within a "reasonable time" if no time is specified. (West's Encyclopedia of American Law, edition 2)

§ 120.530 Deferment of payment.

SBA may agree to defer payments on a business loan for a stated period of time, and use such other methods as it considers necessary and appropriate to help in the successful operation of the Borrower. (13 CFR 120.530, law.cornell.edu)

Cooperations are often necessary to remain competitive, especially in the airline industry. In Russia AUSTRIAN opted for cooperations with Transport Clearing House (TCH), a clearing house which guarantees the remittance of revenues created by travel agencies, and the Russian distribution system Sirena-Travel. (amazon.co.uk)

Clinical death is the medical term for cessation of blood circulation and breathing, the two necessary criteria to sustain human and many other organisms' lives. It occurs when the heart stops beating in a regular rhythm, a condition called cardiac arrest. (Wikipedia)