Contract Model Language-Based Rule
A Contract Model Language-Based Rule is a contract pre-signature-related rule whose action is the proposal of contract model language (to utilize when drafting contractual agreements).
- Context:
- It can (often) be associated with a Contract Contents-Related Policy Rule.
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- Example(s):
- A License Agreement Contract Model-Language Rule, such as:
- a Grant of License Model-Language Rule, such as:
- "Licensor hereby grants to Licensee a non-exclusive, perpetual, worldwide license to install, access, and use the Software, subject to the terms and conditions of this Agreement."
- a License Scope Model-Language Rule, such as:
- "The license granted herein is solely for Licensee's internal business purposes and is limited to use on Licensee's owned or leased computers and mobile devices, up to a maximum of 100 users."
- a Grant of License Model-Language Rule, such as:
- A Lease Agreement Contract Model-Language Rule, such as:
- a Grant of Lease Model-Language Rule, such as:
- "Lessor hereby leases to Lessee the property located at [address] consisting of [square footage] (the "Premises")."
- a Lease Term Model-Language Rule, such as:
- "The term of this Lease shall be for a period of [number] years, commencing on [date]."
- a Grant of Lease Model-Language Rule, such as:
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- A License Agreement Contract Model-Language Rule, such as:
- Counter-Example(s):
- Contract Concept Clarification Rule which explains legal principles rather than provides example language.
- Contract Negotiation Rationale Rule which justifies contract terms rather than offers sample language.
- See: Sample Contract Language, Contract Template, Contract Clause.