This form provides boilerplate contract clauses that establish the allowable number and effectiveness of any counterparts to the contract agreement. Several different language options are included to suit individual needs and circumstances.
Arkansas Negotiating and Drafting the Counterparts Provision
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A counterparts clause makes up part of the general provisions of any contract you may enter. It establishes that though parties may sign documents separately, if the document's content is the same, you can read them together to form a legally binding agreement.
Counterparts. This Note may be executed in counterparts, each of which shall constitute an original and all of which shall constitute one and the same instrument. Form of Promissory Note - SEC.gov sec.gov ? Archives ? edgar ? data ? dex1038 sec.gov ? Archives ? edgar ? data ? dex1038
The noun counterpart comes from the French word countre part, meaning ?duplicate of a legal document.? In legal circles counterpart still means "a duplicate document," but today it is more likely to describe people. Counterparts aren't duplicates, of course, but they have similar skills and responsibilities. Counterpart - Definition, Meaning & Synonyms - Vocabulary.com vocabulary.com ? dictionary ? counterpart vocabulary.com ? dictionary ? counterpart
Counterpart is a copy or duplicate of a legal instrument. Where an instrument, especially a contract, is signed by the parties on different copies, one of the copies is the original while the others are counterparts.
Model Counterparts Clause ?this agreement may be executed in any number of counterparts, each of which when executed and delivered shall constitute a duplicate original, but all counterparts together shall constitute a single agreement.?
If both parties want an original, then you can both sign two copies and then there are two originals. This can be a logistical nightmare, so read on for another way to sign documents in seconds. Do I need the original signed version of agreements - Michalsons michalsons.com ? blog ? do-i-need-the-origi... michalsons.com ? blog ? do-i-need-the-origi...
A person or thing that has the same purpose as another one in a different place or organization: The prime minister is to meet his European counterparts to discuss the war against drugs. Synonym. opposite number. COUNTERPART | definition in the Cambridge English Dictionary cambridge.org ? dictionary ? counterpart cambridge.org ? dictionary ? counterpart