Contract clause library

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Interest rate clause: Copy, customize, and use instantly

Defines the rate at which interest will accrue on overdue payments or balances.

Requires one party to deduct taxes from payments and remit them to the authorities.

Establishes the maximum allowable ratio of debt to equity or assets to ensure financial stability.

Defines the terms under which employees or stakeholders can purchase company stock.

Addresses the handling, storage, and disposal of hazardous materials.

Specifies whether the rights or responsibilities under the contract can be transferred to another party.

Defines the process and responsibility for compensating a party for any losses incurred.

Sets the rules and structure for managing the contract or business operations.

Sets out the core values or guiding principles that both parties agree to follow.

Allows for termination of the contract if a party fails to meet specific conditions or responsibilities.