Definitions, Abbreviations, and Acronyms Sample Clauses

The "Definitions, Abbreviations and Acronyms" clause establishes clear meanings for specific terms, shortened forms, and acronyms used throughout the contract or document. It typically lists each term or abbreviation alongside its precise definition, ensuring that all parties interpret key language consistently; for example, it might clarify that "Agreement" refers to the present contract, or that "NDA" stands for Non-Disclosure Agreement. This clause's core function is to prevent misunderstandings and ambiguities by standardizing terminology, thereby promoting clarity and reducing the risk of disputes over interpretation.
Definitions, Abbreviations, and Acronyms. The following definitions, abbreviations and acronyms may be found in these specifications, and shall be interpreted herein as specified below.
View SourceView Similar (2)
Definitions, Abbreviations, and Acronyms. The following terms are included in this agreement. Term Definition Accuracy A statement of how close a measured value is to the actual (true) value. See also, precision. Complaint A written, electronic, or oral communication that alleges deficiencies related to the identity, quality, durability, reliability, safety, effectiveness, or performance of a product after it is released for distribution. Concession Permission to use or release material that does not conform to specified requirements. A concession is frequently called a Use-As-Is (UAI) disposition. Term Definition Corrective Action Action to eliminate the cause of a detected nonconformity or other undesirable situation Directed Procuremen t A case in which Customer directs Supplier to obtain a good or service from a particular third party. In a directed procurement, Customer is responsible for product qualification Supplier qualification, etc. Supplier should track and report the third party’s performance metrics to Customer. FIFO First In, First Out IM&TE Inspection, measuring, and test equipment Precision A statement of the repeatability of a measure. See also, accuracy. Product Product is the output of a process and includes, but is not limited to, goods, services, software, documentation, and consulting. Promptly Unless specified otherwise, promptly means within ten working days. QMS Quality Management System Rework Action on nonconforming material to make it conform to the requirements RMS Risk Management System Scrap Action on nonconforming material to preclude its originally intended use Supplier Supplier delivers product to Customer. The term Supplier includes, but is not limited to, contractors, consultants, sister organizations, and parent organizations.
View Source
Definitions, Abbreviations, and Acronyms. The following terms are included in this agreement. Accuracy – A statement of how close a measured value is to the actual (true) value. See also, Precision. Complaint – A written, electronic, or oral communication that alleges deficiencies related to the identity, quality, durability, reliability, safety, effectiveness, or performance of a device after it is released for distribution. Concession – Permission to use or release material that does not conform to specified requirements. A concession is frequently called a Use-As-Is (UAI) disposition.
View Source

Related to Definitions, Abbreviations, and Acronyms

  • ABBREVIATIONS AND DEFINITIONS Customary abbreviations may be used in the name of the Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian) and UGMA (= Uniform Gifts to Minors Act). All terms defined in the Indenture and used in this Security but not specifically defined herein are defined in the Indenture and are used herein as so defined.

  • Abbreviations and Defined Terms Customary abbreviations may be used in the name of a Holder of a Note or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

  • Definitions and References Capitalized terms not otherwise defined herein have the meanings assigned in the Credit Agreement. All references to the Credit Agreement contained in the Collateral Documents and the other Loan Documents, as amended or amended and restated, shall, upon the execution of this Amendment, mean the Credit Agreement as amended by this Amendment.

  • INCORPORATION OF GUIDES BY REFERENCE The Seller/Servicer acknowledges that it has received and read the Guides. All provisions of the Guides are incorporated by reference into and made a part of this Contract, and shall be binding upon the parties; provided, however, that the Seller/Servicer shall be entitled to sell Loans to and/or service Loans for Residential Funding only if and for so long as it shall have been authorized to do so by Residential Funding in writing. Specific reference in this Contract to particular provisions of the Guides and not to other provisions does not mean that those provisions of the Guides not specifically cited in this Contract are not applicable. All terms used herein shall have the same meanings as such terms have in the Guides, unless the context clearly requires otherwise.

  • Abbreviations Customary abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).