Act Clause Samples
The "Act" clause defines what is meant by the term "Act" within the context of the agreement, typically referring to a specific piece of legislation or statutory framework relevant to the contract. This clause clarifies which law or act governs certain rights, obligations, or procedures mentioned in the contract, and may specify the full title and year of the legislation for precision. By clearly identifying the applicable act, the clause ensures that all parties have a shared understanding of the legal framework that applies, thereby reducing ambiguity and potential disputes over interpretation.
POPULAR SAMPLE Copied 5 times
Act. The term “Act” means the Securities Exchange Act of 1934, as amended.
Act. The Telecommunications Act of 1996, Public Law 104-104 of the ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Congress effective February 8, 1996.
Act. The Delaware Limited Liability Company Act and all amendments thereto.
Act. A person who is not a party to the Contract has no right under the Contracts (Rights of Third Parties) Act 1999 to enforce any of its provisions which, expressly or by implication, confer a benefit on him, without the prior written agreement of the Parties, provided that this Clause 21.1 does not affect any right or remedy of any person which exists or is available otherwise than pursuant to that Act.
Act. Seniority shall accrue during a parental leave of absence and benefits accumulated prior to said leave shall be maintained.
Act. The Securities Exchange Act of 1934, as amended.
Act. The Communications Act of 1934, as amended.
Act. The term “Act”, when used with respect to any Holder, shall have the meaning specified in Section 1.4.
Act the Delaware Limited Liability Company Act and any successor statute, as amended from time to time.