Contract Sentence

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A Contract Sentence is a linguistic sentence drawn from within a contract agreement document.

  • Context:
    • It can (often) specify the duties, rights, penalties, or conditions agreed upon by the parties involved in the contract.
    • It can (often) be crafted using specialized legal terminology and structured in a manner that is intended to be legally binding and enforceable.
    • It can require interpretation by legal professionals to ensure that it conveys the intended obligations and rights clearly and unambiguously.
    • It can be a subject of analysis in contract review processes, where its similarity to other contract sentences can be measured to identify standard clauses, deviations, or anomalies.
    • It can be essential in dispute resolution and contract negotiation, where the precise meaning and implications of each sentence can significantly impact the outcomes.
    • It can range from being a Neutral-Position Contract Sentence (that typically balances party risk) to being a Position-Favoring Contract Sentence (that may favor one party's interests over another's).
    • ...
  • Example(s):
    • "The lessee shall not sublet any portion of the premises without the lessor's prior written consent.", which outlines a restriction on subletting.
    • "Payment shall be due within 30 days of receiving the invoice.", which specifies a payment obligation.
    • "All intellectual property rights are retained by the provider.", which asserts the retention of intellectual property rights.
    • One that imposes documentation and confidentiality obligations, such as:
      • "Within a reasonable time after receiving a timely Request for Information and an executed Audit Confidentiality Agreement, both Landlord and Tenant shall endeavor to comply with the provisions set forth in the lease agreement, allowing for the execution of necessary documentation and the inspection of pertinent records, thus maintaining a balanced relationship that respects both parties' obligations and rights under the lease."
    • ...
  • Counter-Example(s):
  • See: Contract Sentence Similarity, Legal Drafting, Contract Management Software, Legal Interpretation, Contract Clause, Legal Terminology.


References