Defined Terms1 Clause Samples
The 'Defined Terms' clause establishes specific meanings for certain words or phrases used throughout the contract. It typically lists these terms in a dedicated section, providing clear definitions to ensure all parties interpret them consistently; for example, it might define what constitutes a "Business Day" or "Confidential Information." This clause's core function is to eliminate ambiguity and promote clarity, reducing the risk of misunderstandings or disputes over the contract's language.
Defined Terms1. Classification of Loans and Borrowings25
Defined Terms1. Section 1.02. Terms Generally14 Section 1.03. Accounting Terms; GAAP15
Defined Terms1. Section 1.02.Terms Generally14 Section 1.03.Accounting Terms; GAAP15
Defined Terms1. 1 Defined Terms tc \l 2 "1.1
Defined Terms1. 2.1 .
(a) Unless otherwise defined herein, capitalized terms used (including in the preamble and recitals hereto) but not defined herein shall have the meanings set forth for such terms in the Credit Agreement.
(b) As used herein, the terms “Administrative Agent”, “Cash Management Banks”, “Credit Agreement Obligations”, “Credit Party”, “Default”, “E&R Debt Instruments”, “Equal and Ratable Debt”, “Equal and Ratable Debt Obligations”, “Equal and Ratable Debt Secured Parties”, “Existing Equal and Ratable Debt”, “Hedge Banks”, “Lenders”, “Letters of Credit”, “Lien”, “Loan Documents”, “Permitted Refinancing Instruments”, “Person”, “Restricted Subsidiary”, “Secured Cash Management Agreements”, “Secured Hedge Agreements”, “Subsidiary” and “UCC” shall have the meanings given to such terms in the Security Agreement.
Defined Terms1