Contract clause library

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Solvency clause: Copy, customize, and use instantly

Requires confirmation that a party is financially stable and able to meet obligations.

Grants the right to register securities with regulatory authorities under certain conditions.

Defines how the terms of the agreement will be enforced in case of a breach.

Allows one party to be freed from certain obligations or liabilities under specific conditions.

Outlines the distribution of profits to shareholders or stakeholders.

Specifies the actions or consequences in the event of a party's death.

States that any provision deemed illegal or unenforceable will be void, without affecting the rest of the agreement.

Specifies the currency to be used for payments under the agreement.

Limits the ability to transfer rights or interests in the agreement to others.

Allows one party to reduce their payment by the amount owed to them by the other party.