Boilerplate Clauses In Agreements

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War­ranty clauses limit the types of war­ranties offered by a com­pany and pro­hibit claims that were not directly caused by the man­u­fac­turer or sup­plier. War­ranty rights include repair, replace­ment, credit or refund and are lim­ited to a spec­i­fied period after delivery. More sophis­ti­cated ver­sions of audit clauses con­tain pro­vi­sions to cover the cost of audits when pay­ment cal­cu­la­tions are more (say) more than 10% or more than they should be. A boil­er­plate clause is an Eng­lish legal term used in con­nec­tion with con­tract law. When forming con­tracts, par­ties often use tem­plates or forms that con­tain boil­er­plate clauses (boil­er­plate lan­guage, used as the default lan­guage). When it comes to inter­preting con­tracts, this is not what the par­ties could have said by “boil­er­plate clause”. .

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