1. Introduction
2. Drafting Agreements: The Prelude
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- 2.1 Purposes of contract law
- 2.2 Why draft agreements?
- 2.3 Default and mandatory rules
- 2.4 Incomplete contracts
- 2.5 Vagueness and ambiguity
- 2.6 Transaction costs
3. Language and Style in Contract Drafting
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- 3.1 Using correct language
- 3.2 Using punctuation
- 3.3 Keeping in mind grammar and style
- 3.4 Using active voice
4. Pre-contractual Instruments
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- 4.1 What is a pre-contractual instrument?
- 4.2 Term sheet
- 4.3 Letter of intent
- 4.4 Letter of award
- 4.5 Memorandum of understanding
5. Introductory Parts of an Agreement
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- 5.1 Introductory parts of an agreement
- 5.2 Title of the agreement
- 5.3 Date of the agreement
- 5.4 Place of execution
- 5.5 Recitals
6. Definitions, Interpretation and Other Clauses
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- 6.1 Introducing the definition clause
- 6.2 Interpretation clause
- 6.3 Conflicts provision
- 6.4 Entire agreement clause
- 6.5 Severability clause
- 6.6 No oral modification clause
- 6.7 No waiver clause
7. Performance
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- 7.1 Performance related clauses
- 7.2 Performance related clauses and obligations
- 7.3 Technical standards and specifications
8. Other Clauses
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- 8.1 Representations and warranties
- 8.2 Time as essence
- 8.3 Contract closing
- 8.4 Force majeure clause
- 8.5 Intellectual property rights clauses
- 8.6 Assignment clause
9. Remedies for Contractual Breaches
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- 9.1 Contractual breach
- 9.2 Suspension clause
- 9.3 Termination clause
10. Specific Performance and Other Remedies
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- 10.1 Specific performance
- 10.2 Substituted performance or risk and cost contracting
- 10.3 Contractual set-off
11. Price, Payment, Taxes and Duties
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- 11.1 Price clause
- 11.2 Time of payment, payment milestone and mode of payment
- 11.3 Escrow arrangement
- 11.4 Currency clause
- 11.5 Taxes and duties clause
12. Confidentiality Agreements and Clauses
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- 12.1 Importance of confidentiality clause or agreement
- 12.2 Contents and parties to a confidentiality clause
13. Dispute Resolution Clauses
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- 13.1 Dispute resolution clause
- 13.2 Dispute resolution by arbitration and expert determination
- 13.3 Pathological arbitration clauses
- 13.4 Avoiding pathological arbitration clauses
- 13.5 Expert determination or valuation
14. International Agreements
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- 14.1 Challenges faced in international agreements
- 14.2 Choice of law clause
- 14.3 Notice clause
- 14.4 Language clause
15. Some Common Agreements - I
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- 15.1 Introduction
- 15.2 Bank guarantees
- 15.3 Function of bank guarantees
- 15.4 Conditional and unconditional bank guarantees
- 15.5 Structure of unconditional bank guarantees
- 15.6 Corporate guarantees
- 15.7 Indemnity bonds
16. Some Common Agreements - II
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- 16.1 Introduction
- 16.2 Gift deeds
- 16.3 Lease deeds
- 16.4 Licence agreements
- 16.5 Sale deeds
- 16.6 Employment agreement
17. Conclusion