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Boilerplate: Difference between revisions
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===Boilerplate ''within'' the boilerplate=== | ===Boilerplate ''within'' the boilerplate=== | ||
There are degrees of boilerplate. [[Legal eagles]] will get het up about [[indemnities]], [[Events of default|default events]] and [[close out]] rights, and swear blind that these ''aren’t'' just boilerplate. (They are.) To be sure, they excite animal passions — at least, amongst [[credit officer]]s and [[lawyer]]s — in a way that [[representations and warranties]], [[covenant]]s, notices, [[governing law]], [[counterparts]], [[entire agreement]], [[ | There are degrees of boilerplate. [[Legal eagles]] will get het up about [[indemnities]], [[Events of default|default events]] and [[close out]] rights, and swear blind that these ''aren’t'' just boilerplate. (They are.) To be sure, they excite animal passions — at least, amongst [[credit officer]]s and [[lawyer]]s — in a way that [[representations and warranties]], [[covenant]]s, notices, [[governing law]], [[counterparts]], [[entire agreement]], [[amendment]]s, [[process agent]] appointments, [[Contracts (Rights of Third Parties) Act 1999]] exclusions and so forth really don’t. | ||
===The buried risk of boilerplate=== | ===The buried risk of boilerplate=== | ||