Terms Defined More Than Once A term should only be defined once in a document. If a term is defined more than once, any variation between the definitions can lead to serious problems. This error was found in 69.8% of…
The “this section” error is a self-reference such as “pursuant to this Section 3.4” which appears in a section other than Section 3.4. Did the author intend to refer to “this” section (wherever the self-reference appears) or another section (presumably…
This contract drafting error was found in 31.6% of EDGAR documents analyzed by CrossCheck 365. It stems from (i) a reference to a defined term “as defined in” a particular section or (ii) an entry in an index of defined…
Contract Drafting Errors Found on EDGAR Welcome to The CrossCheck 365 Top Ten. The following is a list of the top ten drafting mistakes in public company contracts, as filed on EDGAR. To come up with this list, we used…