{"componentChunkName":"component---src-templates-blog-post-ts","path":"/blog-bite-can-parties-rely-on-the-meeting-of-the-minds-to-save-them-from-a-mistake-in-an-agreement/","result":{"data":{"site":{"siteMetadata":{"title":"Clausehound Blog","author":"Joshua Koudys"}},"markdownRemark":{"id":"114d486e-717a-5e01-bf00-0bbf7580247d","excerpt":"This article posted on our partner site Mondaq.com examines the purpose of “entire agreement” clauses which are used to prevent parties who enter into a final…","html":"<p><a href=\"http://www.mondaq.com/canada/x/157366/Contracts+Deeds/Entire+Agreement+Clauses\" target=\"_blank\" rel=\"nofollow noopener\">This article posted on our partner site Mondaq.com</a> examines the purpose of “entire agreement” clauses which are used to prevent parties who enter into a final contract from invoking prior discussions or understandings to give a different meaning to its provisions and preserve the stability of contractual relations. </p>\n<p>However, in <em>IHAG-Holding AG v Intrawest Corporation</em>, the court set aside the “entire agreement” clause to consider a prior <strong>letter of intent</strong> in order to determine the method to be used to calculate the purchase price. What this article encapsulates is the fact that sometimes it is justifiable to set aside the “entire agreement” clause in favour of a previous “true intention” of the parties, particularly when it becomes obvious that one party is attempting to exploit a mistake.</p>","frontmatter":{"title":"Blog Bite: Can parties rely on the “meeting of the minds” to save them from a mistake in an agreement?","date":"November 10, 2017","description":"This article posted on our partner site Mondaq.com examines the purpose of “entire agreement” clauses which are used to prevent parties who enter into a final contract from invoking prior discussion or understandings to give a different meaning to its provisions and preserve the stability of contractual relations.","author":{"id":"alina@clausehound.com","first":"Alina","last":null,"bio":null,"image":null},"tags":["Letter of Intent","Blog Bites","Mondaq","Case"]}}},"pageContext":{"slug":"/blog-bite-can-parties-rely-on-the-meeting-of-the-minds-to-save-them-from-a-mistake-in-an-agreement/","previous":{"fields":{"slug":"/blog-bite-does-the-landmark-decision-of-bhasin-really-impose-a-stand-alone-duty-of-good-faith/"},"frontmatter":{"title":"Blog Bite: Does the landmark decision of Bhasin really impose a stand-alone duty of good faith?","tags":["Letter of Intent","Share Purchase Agreement","Blog Bites","kboutin"],"author":{"id":"krysta@clausehound.com","first":"Krysta","last":"Boutin"}}},"next":{"fields":{"slug":"/blog-bite-how-do-tax-exempt-organizations-differ-in-ma-transactions/"},"frontmatter":{"title":"Blog Bite: How do tax-exempt organizations differ in M&A transactions?","tags":["Letter of Intent","Share Purchase Agreement","Blog Bites","Mondaq"],"author":{"id":"alina@clausehound.com","first":"Alina","last":null}}}}}}