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Critical Clauses in Commercial Lease Agreements by Neil Greenbaum, for Contract Nerds

Critical Commercial Lease Clauses – Tenant Side

Signing a commercial lease is a big deal for most business owners. Not only is the business assuming considerable financial obligations as the tenant, but it is extremely probable that the business owner will have to personally guarantee some (if not all) of these obligations.  If the business owner is unable to, the implications may be disastrous. In this article, real estate attorney, Neil Greenbaum, provides a list of critical clauses in commercial lease agreements that tenants should take into consideration.

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A Game Plan for Tackling Third-Party Paper, Part 2 of 2, by Ani Bhat, for Contract Nerds

A Game Plan for Tackling Third-Party Paper, Part 2 of 2

Using third-party paper can be a bit like playing a football game on the road – if you don’t have a smart game plan, you’re going to be in trouble. That’s why it is important to have a strategy when reviewing and negotiation your counterparty’s contract template. Especially when you’re dealing with a complex contract, like a SaaS agreement. Last week’s article introduced the first two plays to consider when you’re stuck using someone else’s template.  Check out this week’s article for the remaining plays.

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A Game Plan for Tackling Third-Party Paper, by Ani Bhat, for Contract Nerds

A Game Plan for Tackling Third-Party Paper, Part 1 of 2

Using your own contract template while negotiating a commercial agreement has been compared to playing a football game in your own stadium. When you’re playing at home, you are familiar with the layout and there are rarely any surprises. On the other hand, when you’re playing away, there are variables that you should take into consideration.  Using third-party paper can be a bit like playing a football game on the road – if you don’t have a smart game plan to review the template and identify the differentiators, you’re going to be in trouble.

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Seven Common Contract Annoyances and Tips for Dealing with Them, by Paul Swegle, for Contract Nerds

Seven Common Contract Annoyances and Tips for Dealing with Them

Paul Swegle – law professor, book author, and General Counsel – shares his top 7 contract peeves and tips on how to deal with them. For those who are newer to commercial negotiations, it may be useful to realize that these annoying issues are out there and headed your way. As with most endeavors, knowing in advance there may be ups and downs and having tools to address them can help us maintain perspective and good judgment.

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Cover Your SaaS! How to Prepare for SaaS Negotiations by Meghna Vink for Contract Nerds

Cover Your SaaS! How to Prepare for SaaS Negotiations

Saas contract experts are expected to be more than just legal experts, but also SaaS product experts. There are several approaches you can take early on in the sales cycle to streamline the contract negotiation process. For SaaS contract experts, this article offers practical tips to create a more efficient and successful SaaS negotiation before you even get to the contract.

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The Battle of the Formats and Why PDFs Are Losing

The Battle of the Formats and Why PDFs are Losing

“Will restricting changes to a contract template by use of a restrictive format help speed up the contract review process?” The simple answer is NO. In fact, choosing the wrong, aka a restrictive, format will only delay the contract review process. Using PDFs in commercial contracts is on the decline. This article will provide a winning strategy for streamlining contracts the right way.

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