In short, contracts and deeds can usually be signed nearby. The absence of a specific counter-value clause should not affect the validity of an act when an act has been performed in return. Such a clause may, however, help prevent another party from arguing that an agreement is not binding. They could argue that in the absence of a counter-clause, they did not know that they had entered into a binding contract by signing an agreement not signed by the other parties. Registration to the equivalent means that contracts or double deeds are printed, so that there is a separate copy for the signature by each party. Conversely, a copy of the contract or the signing of the contract is printed and signed by all parties. If you have many parts in different places, this is a useful tool to allow completion without releasing a single copy of a document to all parties to sign. Often, a clause is displayed in the agreement that allows the signatories to sign it as an equivalent. The counterparty clause states that the parties are not obliged to sign the same copy of an agreement and that all copies may be treated as original for evidence. Some clauses provide that the agreement is effective only when one of the parties complies with the agreement it has signed. If the two signatories are not able to sign the same copy of a document, for example. B if the signatories are established in different locations, it is preferable that the document be executed by a director in the presence of a witness.
Counterparty clauses are often used when the parties to an agreement execute separate copies of the agreement. They are mainly used: the clause allows the execution of the agreement in several identical copies, so that the parties can sign the document at different locations. However, it requires that the documents be identical; and the execution of a signature page does not constitute an agreement between the parties. This is supported by the case law that a “counterpart” is in itself a separate act which, together with the principal and all the other counterparties, constitutes an act. This means that a document purported to be a valid counterpart must be properly executed by the party, which would probably not be the case if the two signatories signed separate copies. There are two main reasons for this clause. “The first is that the counter-clause makes it clear that each party does not need to sign the same copy of the document in order to have a legally enforceable agreement.” Oppositions are also useful when the parties to an agreement want to ensure that each copy of the agreement is recognized as original. Parties often require more than an original copy of an agreement for tax, regulatory or other purposes. Technically, all parties, when executing a certain number of copies of the same document, are more duplicates than counter-parties, and, as a result, some lawyers also refer to duplicates in the counterparty clause. The absence of a counter-clause does not in itself invalidate any agreement that the parties execute through separate counterparties.
However, a counter-clause may help prevent a party from arguing that an agreement is not binding because there is not a copy signed by all parties or because they did not know that they are entering into a binding contract by signing an agreement that was not signed by the other parties. As a general rule, a counter-clause would be: “This agreement can be executed in any number of counterparties, each, when executed and delivered, represents an original double, but all the considerations combined constitute a single agreement.”