Modal verbs in legal translation

The parties acknowledge that they shall not commence any action until 2 years shall have expired since termination hereof. The meaning of shall is

• Future meaning

• Entitlement

• Mandatory sense

• Directive sense

• Permission

The Company shall be indemnified by Licensee from and against any liability, cost, damage, loss, or expense related in any way to the system licensed by the Company. The meaning of shall is

• Future meaning

• Entitlement

• Mandatory sense

• Directive sense

• Permission

1) Franchisee shall, within 90 days of the date of execution of this Agreement, commence the Franchised Business in the Franchised Territory in accordance with the provisions of this Agreement. The meaning of shall is

• Future meaning

• Entitlement

• Mandatory sense

• Directive sense

• Permission

Directors of the corporation shall not be liable to either the corporation or its shareholders for monetary damages for breach of fiduciary duties unless the breach involves acts or omissions not in good faith. The meaning of shall is

• Future meaning

• Entitlement

• Mandatory sense

• Directive sense

• Permission

Assignor may terminate this Agreement upon written notice to Assignee. The meaning of may is

• Future meaning

• Entitlement

• Mandatory sense

• Directive sense

• Permission

An option shall be deemed to have been granted and accepted by the grantee and to have taken effect upon the date of grant of such option unless the grantee rejects the grant in writing within 14 days after the date of grant. The meaning of shall is

• Future meaning

• Entitlement

• Mandatory sense

• Directive sense

• Permission

Unless the Proprietor offers any other time of occupancy, the Party shall be entitled to move into the rented rooms from 3.00 p.m. on the agreed date (“date of arrival”). The meaning of shall is

• Future meaning

• Entitlement

• Mandatory sense

• Directive sense

• Permission

In any proceedings brought against a third party, the third party may not seek to enforce under section 4 a term of a contract (including a term purporting to exclude or limit liability) if the third party could not have enforced the term had the third party been a party to the contract. The meaning of may is

• Future meaning

• Entitlement

• Mandatory sense

• Directive sense

• Permission