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BYKlausel

BYKlausel is a term used in German-language contract drafting to describe a clause that uses the abbreviation “BY” within the text. It is not a fixed or codified legal term with a universal content; rather, it is a drafting label that can denote different provisions depending on the contract, the industry, and the jurisdiction. The precise meaning and effect of a BYKlausel are determined by the definitions section, the operative text, and any schedules or exhibits attached to the agreement.

In practice, a BYKlausel functions as a conditional or procedural provision that the drafter has set apart

Due to its variable nature, interpreting a BYKlausel requires reading the surrounding text and any defined

See also: Contract law, Standards for drafting, German-language model contracts.

from
boilerplate
clauses.
Because
the
“BY”
element
is
defined
locally
in
each
document,
the
clause
can
address
a
wide
range
of
topics,
such
as
timing,
conditions
precedent,
price
adjustments,
rights
of
termination,
or
dispute-resolution
steps,
but
only
to
the
extent
specified
in
that
contract.
terms
carefully.
There
is
no
single
standard
form
for
a
BYKlausel,
and
its
effects
are
legally
significant
only
within
the
context
of
the
agreement
in
which
it
appears.