LEGALESE: “NOTWITHSTANDING” “Notwithstanding”. It’s a bit of a mouthful. When used in a contract the term indicates that what is being said in a clause (Clause 2) takes priority over the contents of another clause (Clause...
LEGALESE: “ WITHOUT PREJUDICE TO ” “Without prejudice to”. Whilst it sounds like a strange phrase, you will often find it written in contracts. The term indicates to a reader that what is being said in a clause (Clause 1)...
LEGALESE: “THIRD PARTY” The term “third party” in a contractual context refers to any person (which includes a company, partnership or other entity) who is not a signatory to a contract. Third parties often appear in contracts...
Most charities are run by well-meaning and delightful people, who are dedicated to their own charity. As a result, they are frequently more tied up with what the charity does, rather than taking a broader view of their responsibilities. ...
STRUCTURE OF A COMMERCIAL LEASE Leases can be lengthy and complicated documents. Well drafted leases however tend to follow a similar format. Below is a quick glimpse at the format and key parts of many commercial leases: Date of the Lease – One...