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Boilerplate: Difference between revisions
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}}A work creation scheme for our learned friends. | }}A work creation scheme for our learned friends. | ||
At the JC we define boilerplate expansively, and that is to say “anything that didn’t make it onto the [[cocktail napkin]]”. Those terms, thrashed out over Martinis and peanuts in some ill-lit bar in a skanky part of town at three in the morning — ''that’s the deal'', and we [[legal eagle]]s have little to say about it, assuming it doesn’t actually break the law. | At the JC we define “legal [[boilerplate]]” expansively, and that is to say “anything that didn’t make it onto the [[cocktail napkin]]”. Those terms, thrashed out over Martinis and peanuts in some ill-lit bar in a skanky part of town at three in the morning, the tend commandments on the stone tablet (choose your own [[metaphor]], okay?) — ''that’s the deal'', and we [[legal eagle]]s have little to say about it, assuming it doesn’t actually break the law. | ||
The remainder, be it the classic boilerplate that fills our anatomy, or the “legally vital protections for our client” — the [[events of default]], the [[termination events]], the [[close-out netting]] provisions, the [[indemnities]], the [[security waterfall]]s — it is ''all'', in this wider sense, boilerplate: it is there simply ''[[For the avoidance of doubt|to avoid doubt]]''. | The remainder, be it the classic boilerplate that fills our anatomy, or the “legally vital protections for our client” — the [[events of default]], the [[termination events]], the [[close-out netting]] provisions, the [[indemnities]], the [[security waterfall]]s — it is ''all'', in this wider sense, boilerplate: it is there simply ''[[For the avoidance of doubt|to avoid doubt]]''. | ||