Terms Implied Clause Samples

The "Terms Implied" clause establishes that certain provisions, although not expressly stated in the contract, are nonetheless considered part of the agreement by law or custom. This clause typically covers terms that are necessary to give business efficacy to the contract or are implied by statute, such as duties of good faith or fitness for purpose. Its core function is to ensure that the contract is interpreted fairly and comprehensively, filling in gaps to prevent disputes over unspoken but commonly understood obligations.