contract, an exculpatory clause is a statement that aims to prevent one party from holding the other party liable for damages. An exculpatory clause is generally...

Exclusion clauses and limitation clauses are terms in a contract which seek to restrict the rights of the parties to the contract. Traditionally, the district...

arbitration clause is a clause in a contract that requires the parties to resolve their disputes through an arbitration process. Although such a clause may or...

indemnification clause or cancel the [government]'s enrollments in social media applications when their operators insist on such a clause." Under US law...

waived, the waiver may be called an exculpatory clause, liability waiver, legal release, or hold harmless clause. In some cases, parties may sign a "non-waiver"...

majeure (/ˌfɔːrs məˈʒɜːr/ FORSS mə-ZHUR; French: [fɔʁs maʒœʁ]) is a common clause in contracts which essentially frees both parties from liability or obligation...

exclusive rights to the movie script for at least one year. A bonus clause is a clause in a contract that rewards the contractor for doing more than the...

An escape clause is any clause, term, or condition in a contract that allows a party to that contract to avoid having to perform the contract. If an agreement...

clauses may serve either a compensatory or a punitive purpose and, when aimed at the latter, may be referred to as "penalty clauses". Penalty clauses...

damages, making them invalid under common law. While liquidated damage clauses set a pre-agreed value on the expected loss to one party if the other party...

hands1 Accord and satisfaction1 Exculpatory clause Interpretation Parol evidence3 Contract of adhesion Integration clause Contra proferentem UNIDROIT Principles...

contract containing such a clause will be ineffective if the assignee knows of the non-assignment clause, or if the non-assignment clause specifies that "all...

hands1 Accord and satisfaction1 Exculpatory clause Interpretation Parol evidence3 Contract of adhesion Integration clause Contra proferentem UNIDROIT Principles...

Hardship clause is a clause in a contract that is intended to cover cases in which unforeseen events occur that fundamentally alter the equilibrium of...

under duress or misunderstanding; it may refuse to enforce the offending clause, or take other measures it deems necessary to have a fair outcome and damages...

hands1 Accord and satisfaction1 Exculpatory clause Interpretation Parol evidence3 Contract of adhesion Integration clause Contra proferentem UNIDROIT Principles...

hands1 Accord and satisfaction1 Exculpatory clause Interpretation Parol evidence3 Contract of adhesion Integration clause Contra proferentem UNIDROIT Principles...

effectuation of that purpose. An example of the latter would be a non-competition clause associated with the lease or sale of a bakeshop, as in the Mitchel case...

selection clauses and mandatory arbitration clauses, which can limit or foreclose a party's access to the courts; and also liquidated damages clauses, which...

claims that a contract is void, then each clause contained within the contract, including the arbitration clause, would be void. However, in most countries...

must be communicated, the offeror cannot include an Acceptance by Silence clause. This was affirmed in Felthouse v Bindley, here an uncle made an offer to...

party must tell the defaulting party. Many commercial contracts include clauses that set out a process whereby notice must be given and in what form. Consequently...

hands1 Accord and satisfaction1 Exculpatory clause Interpretation Parol evidence3 Contract of adhesion Integration clause Contra proferentem UNIDROIT Principles...

hands1 Accord and satisfaction1 Exculpatory clause Interpretation Parol evidence3 Contract of adhesion Integration clause Contra proferentem UNIDROIT Principles...

hands1 Accord and satisfaction1 Exculpatory clause Interpretation Parol evidence3 Contract of adhesion Integration clause Contra proferentem UNIDROIT Principles...

hands1 Accord and satisfaction1 Exculpatory clause Interpretation Parol evidence3 Contract of adhesion Integration clause Contra proferentem UNIDROIT Principles...

However, in the United States, similar to directors and officers, an exculpatory clause may minimize liability; although this was previously held to be against...

or tribunal in the event of breach). The purpose of a liquidated damages clause is to increase certainty and avoid the legal costs of determining actual...

clauses The Bremen v. Zapata Off-Shore Company, forum selection clauses Charles River Bridge v. Warren Bridge, on the Constitution's Contract Clause Marquez...

hands1 Accord and satisfaction1 Exculpatory clause Interpretation Parol evidence3 Contract of adhesion Integration clause Contra proferentem UNIDROIT Principles...