1. Was such a provision consistent with the Directive? 2. The drafting of such a provision is critical for it will be strictly construed against those with the power to expel. 3. In any event, the value of such a provision would depend upon the availability of distributable reserves following the breach. 4. Such a provision is not normally practical, and certainly not favourable to buyers. 5. There is a great temptation to delete such a provision, but this would not find favour with the landlord and is therefore not worthwhile. 6. The effect of such a provision is to prevent any conduct of the business being construed as acceptance of any counter offer coming from the other party. 7. However, whilst such a provision can prevent the business losing the battle of forms, it cannot guarantee victory. 8. The effect of such a provision may be to replace the normal absolute obligation to deliver on the agreed date with an obligation to use best endeavours. 9. Frequ ently such a provision will require claims to be notified in a particular manner--in writing, or to a particular person. 10. Although individual companies have such a provision, no state has ever made it law, covering all publicly traded companies incorporated there. |