Contract Central

A permitted use of data clause is a contractual provision that establishes rules regarding the use of data shared by parties for the purposes of their agreement.

A payment in lieu of notice clause is a contractual provision that allows an employer to pay a specified amount instead of giving notice of termination.

A notice clause is a contractual provision that stipulates how and to whom notice must be given under a contract for it to be legally binding.

Most favored nation clauses are contract provisions that require that a party must receive rights and benefits under the contract that are equal to or more favorable than the rights and benefits received by any other parties.

A limitation of liability clause sets the boundaries of a party’s financial liability when defects in its performance cause another party to experience losses.

A license grant clause is a contractual provision that establishes one party’s consent to another’s use of its intellectual property subject to certain conditions.

The end of LIBOR is a monumental shift in the world of finance, requiring evaluation and remediation of contracts and other documents on an unprecedented scale.

An insurance clause is a contractual provision that establishes what insurance one or more parties must procure in connection with an agreement.

An inflation adjustment clause is a contractual provision that requires certain amounts to be adjusted periodically to track changes in inflation.