Legal Drafting for Every Eventuality
This morning’s TimesCuriously, the clause has been floating around since at least 2002. is reporting on a clause from a financing – for those trying to read it on a BlackBerry, it reads:
. . . [more]Upon the occurrence of the end of the world before full payment and performance of the Notes and Drafts, the Notes and Drafts, at the option of the Required Banks, will become immediately due and payable in full and may be enforced against the Company by any available terrestrial, extra terrestrial or spiritual procedure. For remedial purposes and for purposes of determining the relative equities
