(4)In order to ensure the effectiveness of resolution and promote consistency in the approaches adopted by Member States, and in order to ensure that differences in their legal systems or differences arising from a particular contractual form or structure can be taken into account by resolution authorities, institutions and entities, it is appropriate to lay down the mandatory content for the contractual terms. The content of these contractual terms should take into account institutions’ and entities’ different business models. However, as financial contracts in international transactions generally do not vary in accordance with the institutions’ or the entities’ business model, it is not necessary to create different content for contractual recognition clauses.