General Contract Clauses: Time of the Essence (LA) | Practical Law

General Contract Clauses: Time of the Essence (LA) | Practical Law

A Standard Clause providing that time is of the essence in a commercial agreement governed by Louisiana law. This Standard Clause has integrated notes with important explanations and drafting tips, including a discussion of general versus specific time of the essence clauses and their effect on enforceability.

General Contract Clauses: Time of the Essence (LA)

Practical Law Standard Clauses w-000-0967 (Approx. 9 pages)

General Contract Clauses: Time of the Essence (LA)

by Practical Law Commercial Transactions, with Robert P. Thibeaux and Brandon T. Darden, Carver Darden, Koretzky, Tessier, Finn, Blossman & Areaux L.L.C.
Law stated as of 22 Feb 2017 • Louisiana
A Standard Clause providing that time is of the essence in a commercial agreement governed by Louisiana law. This Standard Clause has integrated notes with important explanations and drafting tips, including a discussion of general versus specific time of the essence clauses and their effect on enforceability.