Commentary

35 Labelling the agreement (when in draft)

COMMERCIAL CONTRACTS vol 7(2)
| Commentary

35 Labelling the agreement (when in draft)

| Commentary

2: STANDARD MAINSTREAM COMMERCIAL AGREEMENT

(a) Basic Provisions

35 Labelling the agreement (when in draft)

Should the agreement be labelled ‘subject to contract’1? If there are (or are likely to be) several rounds of negotiations and draft agreements for each round, consider:

  1. 35.1

        dating each version of the agreement;

  2. 35.2

        using a numbering system to reflect the version of the agreement2;

  3. 35.3

        if a firm of solicitors is representing a party to the agreement, whether the firm should put its name and contact details and the case or file number on the document.

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