stipulate

/'stipjuleit/
Verb
  1. make an oral contract or agreement in the verbal form of question and answer that is necessary to give it legal force
  2. give a guarantee or promise of
    • They stipulated to release all the prisoners
  3. specify as a condition or requirement in a contract or agreement; make an express demand or provision in an agreement
    • The will stipulates that she can live in the house for the rest of her life
    • The contract stipulates the dates of the payments

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stipulate
The contract stipulates that the payment is due in thirty days.