Contract clause library

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Accuracy of representations clause: Copy, customize, and use instantly

Requires parties to ensure that all statements or claims made in the agreement are truthful and accurate.

Defines the terms for reserving or using parking spaces, if applicable to the agreement.

Requires the parties to attempt mediation before pursuing legal action to resolve disputes.

Specifies what is not covered or included under the agreement or terms.

Defines assets pledged to secure a loan or obligation under the agreement.

Allows one party to step into the shoes of another to claim rights or recover costs from a third party.

Allows termination of the agreement if a party becomes insolvent or unable to meet its financial responsibilities.

Specifies how profits or assets will be distributed.

Grants a party a legal claim over property as collateral for a debt or obligation.

Requires approval or permission from one or more parties before certain actions can be taken.