STATE IT Sample Clauses

The "STATE IT" clause requires parties to explicitly declare or specify certain facts, intentions, or terms within the contract. In practice, this clause might obligate a party to formally state their acceptance, provide written notice of a decision, or clarify a particular position in writing. By mandating clear and direct statements, the clause helps prevent misunderstandings and ensures that all parties are aware of each other's positions, thereby promoting transparency and reducing the risk of disputes.