Contract Central
A price adjustment clause is a contractual provision that establishes rules for adjusting the contract price in response to one or more triggering events.
Read Article arrow_forwardA 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.
Payment in Lieu of Notice Clause
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.
Limitation of Liability Clause
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.