Simple definition
Traditional drafting language commonly used to express an obligation or requirement.
Traditional drafting language commonly used to express an obligation or requirement.
The customer shall pay all invoices within thirty days.
Traditional drafting language commonly used to express an obligation or requirement.
In a contract, this term should be read in the context of the surrounding clause, defined terms, cross-references, and governing law.
Its practical effect depends on the exact wording and how it connects to the rights and obligations elsewhere in the agreement. Review the exact language rather than relying on the label alone.
Traditional drafting language commonly used to express an obligation or requirement.
In a contract, this term should be read in the context of the surrounding clause, defined terms, cross-references, and governing law.
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.