OBLIGATORY CLAUSES Clause Samples
The "Obligatory Clauses" section defines the provisions within a contract that are mandatory and must be included for the agreement to be valid or enforceable. These clauses typically cover essential topics such as payment terms, confidentiality, dispute resolution, or compliance with applicable laws, and their inclusion is often required by law, regulation, or industry standards. By specifying which clauses are obligatory, this section ensures that the contract meets legal requirements and reduces the risk of unenforceability or disputes arising from missing critical terms.
OBLIGATORY CLAUSES. Waiver of subrogation clause Contribution date clause
OBLIGATORY CLAUSES. The ▇▇▇ shall declare the termination, forfeiture or obligatory liquidation of this Contract, faced with the occurrence of the causes ordered by order of the law, such as those included in Law 418 of 1997, successively extended and amended by Laws 548 of 1999 and 782 of 2000, or in Law 40 of 1993, or in those laws that replace or amend it.