Maintained • Expand, China, England...Hong Kong - PRC, Wales
A boilerplate clause allocating responsibility for the costs of preparing and entering into the agreement.
Guidance is provided on using the clause under the laws of China, Hong Kong, and England and Wales. (For a clause-by-clause guide to the value of boilerplate clauses and the effect of omitting them from business-to-business contracts, see Practice Note, Boilerplate: Do I Really Need This Clause and Why?.)
This clause is adapted from a boilerplate clause designed for use in documents governed by English law, which can be found at Practical Law UK, Standard Clause, Costs.