Interpreting reasonable endeavours: an obligation to try

Promises to take ‘reasonable endeavours’, ‘all reasonable endeavours’ or ‘best endeavours’ are commonly seen in commercial agreements. But how are they distinguished and when should they be used? Endeavours clauses aim to hold the performing party to a pre-defined degree of effort in achieving an objective. They are not absolute and unequivocal requirements to obtain […]

The post Interpreting reasonable endeavours: an obligation to try first appeared on Harrison Clark Rickerbys.

The main principles of contract interpretation

In many cases, you won’t need to revisit the terms of contracts once signed if the words are clear and the relationship is harmonious. Unfortunately, sometimes disputes can arise and if the words in the contract are not clear enough you could end up asking a court to interpret what they mean.  Broad principles of […]

The post The main principles of contract interpretation first appeared on Harrison Clark Rickerbys.