This series of posts will look at the obscure phrases commonly used in British or American commercial contracts and are based on the drafting standards of these jurisdictions. When working with contracts in English, it is critical that we use these fixed phrases correctly.

Aggregate amount. An amount which is calculated by combining different items.

Construed in accordance with. Interpreted according to.

Discharge of contract/obligation/liability. The termination of the contract/obligation/liability by performance.

Except as expressly provided in this Agreement. Unless there is a clear statement to the contrary elsewhere in the contract.

Incur expenses/fees. To accumulate or make oneself liable to pay expenses/fees.

Check your knowledge with this Exercise: