Boilerplate Clauses

Boilerplate Clauses in International Trade

Meaning of Boilerplate Clauses, according to the Dictionary of International Trade (Global Negotiator): Clauses that usually appear at the end of a contract. Sometimes they are referred to as the “miscellaneous” clauses. Such term refers to the relatively standardised clauses in contracts, which are often agreed with little or no negotiation and found towards the end of an agreement. While perhaps not as commercially sensitive as other terms in a contract and consequently often overlooked, they nevertheless perform a valuable and useful purpose in a contract. Most boilerplate clauses clarify the relationship between the contracting parties. Generally, subject to statutory restrictions and illegality. By including boilerplate clauses, the parties to a contract can better define the relationship between themselves, which provides certainty if terms in the contract are ever disputed. Examples of boilerplate clauses are: entire agreement, no representation, or