Template of clause specifying the binding force of the contract, intended to be inserted in an autonomous international contract (contract without law). This clause is essentially reminiscent of French ordinary law. It is not useful when the contract is governed by French law.
By Franck BEAUDOIN, avocat (attorney-at-law registered in France)
Published on droit.co on 1st December 2021
BINDING FORCE OF THE CONTRACT
The contract is the law of the parties. The contract is binding on the parties who undertake to execute it in good faith and with diligence. [OPTION: The contract binds not only to what is expressed in it, but also to all the consequences given to it by equity, usage or XXX [the law // mandatory law].]
© FB Juris / droit.co