the $2-million comma

globeandmail.com – The $2-million comma

This agreement shall be effective from the date it is made and shall continue in force for a period of five (5) years from the date it is made, and thereafter for successive five (5) year terms, unless and until terminated by one year prior notice in writing by either party.

From a contract between Rogers Communications Inc. and Aliant Inc. for the placement of cable lines in Eastern Canada. Aliant cancelled the initial 5 year term in 2005 after only 3 years. The cancellation will force Rogers to pay an extra $2.13 million to use utility poles. The placement of the second comma in the sentence above permitted the contract’s cancellation, to the surprise of Rogers.

(via the Quotation of the Day mailing list)

posted at 7:44 am on Sunday, August 13, 2006 in Current Events, Links, Personal | Comments Off on the $2-million comma

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