News tagged boilerplate
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FORCE MAJEURE: WHAT HAS THE CONSTRUCTION INDUSTRY LEARNED FROM THE PANDEMIC?
(Philadelphia, PA) Until Covid-19, the force majeure clause in construction contracts was largely perfunctory. The clause was designed to relieve the parties of some or all contractual obligations due to an unanticipated disruptive event that is out of the control of the parties, such as a war or natural disaster. Composed mostly of “boilerplate” wording, […] The post <strong>FORCE MAJEURE: WHAT HAS THE CONSTRUCTION INDUSTRY LEARNED FROM THE PANDEMIC?</strong> appeared first on Civil + Structural Engineer magazine.
Resources tagged boilerplate
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This second webinar deals with the issue of building a contract. It covers the components of a contract; ‘boiler plate’ & negotiated clauses; risk allocation; who should be involved and project managing a contract’s development.
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Fenwick Elliott - Tackling 'boilerplate clauses', 15072021
Boilerplate clauses can be found in most contracts, but are often overlooked. Partner Jatinder Garcha and Senior Associate Edward Colclough review some of the more common boilerplate provisions including ‘entire agreements’, ‘set-off’, ‘no waiver’, and ‘counterpart clauses’. They also consider what impact these clauses actually have on a party’s contractual rights and aim to give some practical tips and points to watch out for in contract negotiations
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