Financial covenants in credit facility agreements
Sometimes, a newspaper tells us that a company fails to meet its ‘bank covenants’. What are they? Many credit facility agreements (or simply credit agreements)…
Author: Willem Wiggers
About Business Days and time zones
If you are aware that, when referring to a date or time, it may be necessary specify the time zone is desirable you will likely…
Interpretation clauses addressing gender
Similar to my previous post, large agreements sometimes include a statement that the obligations referring to a gender are not intended to exclude the other…
Clarify singular or plural? Use the singular if possible!
Many (often larger) agreements contain phrases that address the interpretation of the agreement. One of those phrases says that where the agreement is stated in…
Notwithstanding is a tricky one
Using notwithstanding in contracts is a tricky word: many people don’t know how to use it exactly, and for those who do, it is a…
Notarisation, legalisation and apostilles: what are they?
You probably have a feel of what it is: notarisation (or for American-English writers: notarization), legalisation (or: legalization) and apostilles. But there are nuances between…
From time to time: when do you use it?
It’s such a familiar phrase, from time to time, but do you know when to use it? And do you know when it is unnecessary?…
Make approval policies and laundry lists readable
If you ever assessed whether a corporate action was included in a long list of required approvals between the signing and closing of a transaction…
Many thanks for your vote!
Now that the voting stage for the Innovating Justice Award has ended, I would like to thank all of you who voted for Weagree! I’m…
