Terrorism, Technology and 'Notice'.

Mondaq Business BriefingNbr. 2002, June 2002

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Summary


Dealing with possible mail delays that affect contract administration - Column

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Extract


Terrorism, Technology and 'Notice'.

When drafting and/or reviewing a lease, great emphasis is placed on the key, deal-specific business terms of the lease, leaving the standard, non-deal specific provisions to be placed on the last few pages of the lease without much review. However, in light of recent events, many of these previously innocuous, "boilerplate" provisions, which apply to all provisions of the lease, may have a greater effect on the lease than in the past.

An example of one such provision is the notice provision. A typi...

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