Basic Terms and Definitions Used Sample Clauses

The "Basic Terms and Definitions Used" clause establishes clear meanings for key words and phrases throughout the contract. It typically lists important terms and provides precise definitions, ensuring that all parties interpret the language consistently; for example, it might define what constitutes a "business day" or specify the meaning of "services" within the agreement. By clarifying terminology at the outset, this clause prevents misunderstandings and disputes over ambiguous language, thereby promoting clarity and reducing the risk of misinterpretation.
Basic Terms and Definitions Used in the Agreement 1.
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Basic Terms and Definitions Used in the Agreement 1.1. Formal Acceptance is the full and unconditional acceptance by the User of the proposal (offer) to conclude an Agreement with the Copyright Holder on the conditions set forth in this document, the legal consequence of which is the conclusion of such an Agreement between the Parties. Formal Acceptance is expressed by the User in the ways specified in this T&C. 1.2. Lease (or Rental) is the right to own and use the IMD [Individual Mobility Device – defined below] in accordance with the Agreement provided by the Copyright Holder to the User in accordance with its intended purpose, from the moment the Lease/Rental starts until the Lease/Rental ends, according to the rules determined by the Agreement. For the purposes of the Agreement, the terms "Lease" and "Rental" are used equivalently.
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Basic Terms and Definitions Used in the Agreement‌ 2.1. The terms and definitions used in the text of the Agreement shall have the interpretation given in this chapter, unless a different interpretation is contained directly in the text of the Agreement: “Optima24” Internet Banking (hereinafter referred to as Optima24) – a system of remote banking services for individuals of the Bank via the Internet; Parties – the Customer (Party 1) and the Bank (Party 2) in relation to the Agreement; Tariffs – a system of interest and commission rates that sets the amount of fees for various types of banking products and services provided to customers. Tariffs may be changed by the Bank unilaterally and/or in accordance with a separate agreement between the Bank and the Customer, unless otherwise provided by the legislation of the Kyrgyz Republic and/or the relevant agreement;
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Related to Basic Terms and Definitions Used

  • Terms and Definitions The terms listed below shall have the respective meaning given them as set forth adjacent to each term.

  • COMMON TERMS AND DEFINITIONS The parties agree to the following terms and definitions, and to those terms and definitions 12 which, for convenience, are set forth elsewhere in the Agreement.

  • Preamble and Definitions 1.1 The preamble to this Agreement constitutes an integral part of this Agreement, as do the terms of the Plan. 1.2 Unless otherwise defined herein, capitalized terms used herein shall have the meaning ascribed to them in the Plan.

  • Scope and Definitions 1. The provisions of this Chapter shall apply to technical regulations, standards and conformity assessment procedures as defined in the WTO TBT Agreement in so far as they affect trade between the Parties. 2. For the purposes of this Chapter the definitions used by the WTO TBT Agreement shall apply.