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The ShooPod sessions - S2 Ep 3 : Journey Through a Contract - Definitions and Interpretation
Manage episode 378094609 series 2940732
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Season 2 of the Journey Through a Contract series – let’s talk Definitions and Interpretation!
Definitions and interpretation – often the first clause in a contract that you will encounter, but not necessarily the easiest one to start with when you are trying to understand your contractual obligations and rights.
Likening the clause to a glossary that you might find in a book, Paul Nightingale and Khillan Gohil explain the purpose behind a definitions and interpretation clause. They also share why when reviewing a contract it might be best to initially skip past it and how you can use it to avoid unnecessary repetition in a contract. They also share their other tips for success when it comes to a definitions and interpretation clause, from how to navigate it, to what it might contain.
Listen to the podcast and send us your feedback to shoopod@shoosmiths.co.uk.
The Journey Through a Contract series is brought to you by the Commercial and Projects team at Shoosmiths, aimed at explaining the basic terms of a commercial contract.
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