Preparatory Clause Samples
The Preparatory clause establishes the initial conditions, context, or requirements that must be met before the main obligations of an agreement take effect. Typically, this clause outlines steps such as providing necessary documentation, obtaining approvals, or fulfilling certain preconditions. By clearly defining what must occur before the contract becomes fully operative, the Preparatory clause ensures that all parties are aligned and that the agreement proceeds smoothly, reducing the risk of misunderstandings or disputes about readiness to perform.
Preparatory because it is entered into as a means to an end, i.e. to engage in business
Preparatory. It is entered into as a means to an end
