Language of Concurrence?

There’s this:

On signing this agreement, the Sponsor is paying Acme $500,000 by check toward the cost of developing the Program.

I do believe that what we have here is that most rare creature, a candidate to join the categories of contract language. I’m inclined to call it “language of concurrence.”

But the bigger question is whether it serves a useful function. I’ve just started thinking about this. What say you?

About the author

Ken Adams is the leading authority on how to say clearly whatever you want to say in a contract. He’s author of A Manual of Style for Contract Drafting, and he offers online and in-person training around the world. He’s also chief content officer of LegalSifter, Inc., a company that combines artificial intelligence and expertise to assist with review of contracts.