Submission Agreement Sample With Whereas Clauses In Arizona
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Binding provisions are specific clauses within a contract that legally obligate the parties involved to adhere to certain terms and conditions. These provisions are enforceable by law, meaning that failure to comply can result in legal penalties or requirements to fulfill contractual obligations.
Definition: A whereas clause is a statement in a legal document that provides background information or context for the main purpose of the document. It is often used in preambles or recitals to explain the reasons or motivations behind the document's creation.
At the beginning of many contracts is a series of clauses beginning with “Whereas.” Besides giving us lawyers a chance to use a fancy word, these phrases actually have a purpose. They are called the “Recitals,” and they are used to provide context to the agreement.
In a legal document, the word "whereas" is often used to introduce recitals or background information that provides context for the main provisions of the document. The recitals typically describe the parties to the agreement, their respective interests, and the purpose and context of the agreement.
The contract might start with a Whereas clause like this: 'Whereas, the parties wish to collaborate in the development of new technology...'. This Whereas clause is setting out the purpose of the contract: to set up a partnership for developing technology.
A whereas clause is a statement that is used in legal documents, such as contracts or agreements, to provide background information or context for the document. It typically begins with the word "whereas" and is followed by a description of the situation or circumstances that led to the creation of the document.
Rule 1.110(303.3) 'Whereas' clause of contract is prefatory, not binding.
The clauses you include in your terms of use agreement depend on what type of business you conduct, however, most terms of use policies have some or all of the following clauses: Introduction. Prohibited or acceptable uses. Account Termination and Suspension.
