Legal Term Mention
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A Legal Term Mention is a term mention of a legal term.
- Context:
- It can be defined as "A contractual provision that requires, defines, or otherwise regulates a party's substantive rights and duties under the contract."
- It can create enforceable rights and duties of performance for the contracting parties.
- It can define the core agreed-upon exchanges, commitments, conditions, etc. under the contract.
- It can impose binding and enforceable obligations when validly entered into.
- It can regulate significant elements of the contractual relationship between the parties.
- It can reflect the negotiated specific terms rather than standardized boilerplate language.
- It can be essential to capturing the parties' intent and agreement to be bound.
- It can distinguish itself from supplementary boilerplate language and is crucial for understanding the key provisions of a contract.
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- Example(s):
- Counter-Example(s):
- a Biomedical Entity Mention.
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- See: Contract Law, Boilerplate Language, Contractual Obligation.