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Contract clauses Meaning






1. now it is hereby agreed … a. by the terms of this agreement
2. subject as hereinafter provided b. to that thing just mentioned
3. you will find in the documents herewith attached c. previously stated
4. the first instalment becoming due one month from the date hereof d. later in this document
5. the failure of either party to exercise any right or remedy to which it is entitled hereunder e. after that event
6. by referring to the points mentioned therein f. by means of this document or declaration
7. as thereby stated g. in that matter
8. and for a period of 12 months thereafter h. on that item
9. the failure of either party to exercise any right or remedy shall not constitute a waiver thereof i. of this event
10. all statutory instruments or orders made pursuant thereto j. for that item
11. the Initial Fee together with any VAT thereon k. with this document
12. the cost of the product, and the monthly payments therefore l. of or about that
13. the aforementioned terms shall prevail over … m. by means of or because of that

 

Task 2. Find the third person present simple verbs in these sentences and underline them. Decide which of the three pronunciations is correct in each case.

  /s/ /z/ /iz/
1. Sometimes the accused pleads guilty in the hope of reducing the sentence.      
2. This information certainly helps the case for the defendant.      
3. If the judge dismisses the evidence we’ll object.      
4. Often a higher court commutes the death sentence to one of life imprisonment.      
5. She’s the director of an agency which collects debts for other companies.      
6. According to this document, Mrs Winter claims ₤ 10, 000 for damages for her home.      
7. The contractor discharges the contract only when all works are completed.      
8. He leases office space from a large property company.      
9. On these grounds my client repudiates this contract.      
10. This document summarises the events leading to the raid on the house.      
11. Being a judge disqualifies you from being a Member of Parliament.      
12. Sometimes a court acquits someone who is guilty.      
13. This letter corroborates the accused’s alibi.      
14. We need to know if the company intends to sue for damages.      
15. Our legal advisor recommends that we do not apply for an injunction.      
16. My client owns a publishing company in Brazil.      
17. The committee discriminates between proposals on grounds of community benefit.      
18. This company employs more than 5, 000 people in 16 countries.      
19. We have a department which assesses property for the purposes of insurance.      
20. The government taxes this type of transaction at 8%.      
21. After he signs he won’t be able to change his mind again.      
22. The next national holiday falls on a Monday.      
23. Some people feel that the arrival of multinationals corrupts local bureaucrats.      
24. The family still controls the business.      
25. Our lawyer advises us that we can sue if we wish to.      

 

Task 3. Some words have more than one meaning. Identify the following eight words. Two or three meanings are given for each word.

1. This word means:

· A meeting or a series of meetings: ‘ There is a Democratic _____________ in August’

· An international treaty: ‘ All the countries agreed to a new arms ____________.’

· The way something is usually done: ‘ We have a ____________ that the President enters first.’

2. This word means:

· Money invested or borrowed: ‘ You don’t pay off the _____________ until the end of the loan period’.

· A person or company represented by agents: ‘ The agent has come to London to see his ______________ ‘.

· A person responsible for something: ‘ Whose name appears on the contract as ______________? ’

3. This word means:

· Something which is for sale: ‘ This _______________ is very attractively priced.’

· A section of a legal agreement: ‘ If you look at ______________ 7 of the contract you’ll see why.’

4. This word means:

· An area of land: ‘ The _______________ is 100 square kilometres, ’

· Property left by a dead person: ‘ His _____________ was worth $ 1.5m.’

5. This word means:

· Proper, correct: ‘ We will not release the document without _____________ procedure being followed.’

· Owed: ‘ The next payment is ________________ on the 5th of October, ’

· Expected to arrive: ‘ He isn’t _______________ until seven o’clock.’

6. This word means:

· To say something clearly: ‘I ____________ now that my client is completely innocent.’

· Independent country: ‘ All citizens have obligations to the ________________.’

7. This word means:

· Special attention: ‘ I took a particular _______________ in this case.’

· Money paid for the use of money: ‘ What is the current rate of ___________? ’

· Ownership of shares in a company: ‘ He has a majority ______________ in a newspaper.’

8. This word means:

· To put into words or diagrams: ‘ You must _______________ the idea more clearly.’

· Very fast: ‘ I’ll send the papers to you ______________ delivery.’

 

Task 4. A. Link each verb on the left with a noun on the right.

Verbs Nouns
Break A case
Commit A market
Cross examine A fee
Charge An interest
Declare A law
Enter A crime
Evade A verdict
Hear Terms
Negotiate A witness
Return Taxes

 


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