Definitions and Interpretations 1 Clause Samples

The "Definitions and Interpretations" clause establishes the specific meanings of key terms and sets out rules for interpreting the contract. It typically lists important words or phrases used throughout the agreement and clarifies how they should be understood, often including guidance on pluralization, gender, or references to legislation. This clause ensures that all parties have a shared understanding of terminology, reducing ambiguity and minimizing the risk of disputes over interpretation.
Definitions and Interpretations 1. 1 Definitions In this Agreement ( including the Recitals), unless the context otherwise requires: 1.1.1 "Act" means the Crown Minerals Act (NZ) 1991 and any regulations thereto. 1.1.2 "Affiliate" means a corporation that controls a Party or is controlled by a Party or a corporation that is controlled by a corporation that also controls the Party and control means the right to exercise 100% of the voting right thereof. 157 1.1.3 "Area" means, at any time, the area subject of the Permit. 1.1.4 "Agreement" means this agreement between the Parties. 1.1.5 "Indo-Pacific Assigned Interest" means a 20% Participating Interest owned by Indo-Pacific assigned to Boral Energy. 1.1.6 "Effective Date" means 2 November 1996. 1.1.7 "Joint Venturers" means together Indo-Pacific, Moondance and Croft Exploration Ltd. 1.1.8 "Moondance Assigned Interest" means a 10% Participating Interest owned by Moondance assigned to Boral Energy. 1.1.9 "Operator" means Indo-Pacific. 1.1.10 "Participating Interest" means a percentage interest of a Party in the Permit. 1.1.11 "Permit" means petroleum exploration permit PEP 38328 or any renewal or extension thereof and any mining permit granted pursuant thereto. 1.1.12 "Well Costs" means all costs (including permit management, pre-planning and inventory purchase) incurred by the Operator in drilling the Kereru 1 Well but which expressly excludes the cost of purchase of the 7" casing and spool. 1.1.13 "Kereru 1 Well" means the well referred to as Kereru 1 at a location defined by the coordinates 39' 39' 40.5" south and 176' 26' 12.3" east, being Peg 216 on seismic line C91-04 to be drilled, to either a programmed depth of 1700 metres or 100 metres deeper than the Miocene/Pliocene unconformity, whichever is the lesser, or as otherwise may be agreed. 1.1.14 "Minister" means the Minister of Energy as defined in the Act who administers the approval and registration procedure under the Act. 1.1.15 "Boral Energy Participating Interest" means together the Indo-Pacific Assigned Interest and the Moondance Assigned Interest assigned to Boral Energy.
View SourceView Similar (2)
Definitions and Interpretations 1. 1.1 Definitions 1 1.2 Interpretation 1 1.3 Coordination with Exhibits 1 2.1 General 2 2.2 Name 2 2.3 Purposes 2 2.4 Limitation 3 2.5 The Members 3 2.6 Issuance of Additional Interests 3 2.7 Term 3 2.8 Registered Agent; Offices 3
View Source
Definitions and Interpretations 1. Section 1.1 Defined Terms 1 Section 1.2 References 1
View Source
Definitions and Interpretations 1. 1 “3D Secure” means the secure protocol designed to ensure enhanced security and strong authentication for each Cardholder(s) when a Cardholder uses his/her Card for online purchases that require OTP. It is also called “Verified by Visa” 1.2 “Agreement” means this Merchantrade Money Business Visa Prepaid Card Agreement including any addendums that may be added by Merchantrade from time to time. 1.3 “Authorised Person” means an employee or an individual authorized by the Company to access and manage the Business Master Account on behalf of the Company and to delegate funds into specific Cardholder(s) Card Designated Account from the Business Master Account. 1.4 “ATMs” means automated teller machines. 1.5 “Business Day” or “Business Days” means any day (excluding Saturdays, Sundays and Public Holidays) on which banks are open for business in Kuala Lumpur, Malaysia. 1.6 “Card” or “Card(s)” means the Merchantrade Money Business Visa Prepaid Card issued by Merchantrade to the Company for the use of Cardholder(s) as proposed by the Company and authorized by Merchantrade. 1.7 “Cardholder” or “Cardholder(s)” means an individual / individuals whom is/are issued with the Card/Card(s) as proposed by the Company and authorized by the Merchantrade. 1.8 “BusinessMaster Account” means the master Merchantrade Money Business Visa Prepaid Card Account which is non-interest bearing to be opened and maintained by Merchantrade for the Company and from which the Company may:- (i) access the Transactions history and available fund balances; and/or (ii) store and delegate funds for cash withdrawals or payment of any purchases of goods and/or services by Cardholder(s) including any other applicable fees, charges and/or taxes to be deducted or debited. 1.9 “Card Designated Account” means a specific account designated by Merchantrade to each Cardholder(s) as authorised by the Company for purposes of:- (i) accessing the Cardholder(s) Transaction(s) history and available fund balances; and (ii) cash withdrawals or payments of any purchases of goods and/or services by Cardholder(s). 1.10 “Business Master Account Balance” means the funds available in the Business Master Account which shall not fall below the Minimum Stored Value (if applicable). 1.11 “Contactless Reader” means a point-of-sale device at which a Card may be used on contactless mode to execute Transactions. 1.12 “Company” means a Company / Sole-Proprietorship / Partnership / Association who opened and mantains a Business M...
View Source
Definitions and Interpretations 1. 1.1 Definitions 1 1.2 Interpretation 1 1.3 Independent Obligations 1 1.4 Prior Services Agreements 2 ARTICLE 2 RELATIONSHIP OF PARTIES 2 2.1 Rights and Obligations 2 2.2 Nature of the Relationship 2 ARTICLE 3 PROVISION OF SERVICE ITEMS 3 3.1 Provision of Service Items 3 3.2 Increased Quantities and Additional Service Items 3 3.3 Use of Service Items 4 3.4 Service Assets 4 3.5 Access 4 ARTICLE 4 ANNUAL SERVICE FEE 5 4.1 Increases in Annual Service Fee 5 4.2 Reduction of Annual Service Fee 5 ARTICLE 5 CONNECTION FACILITIES 5 5.1 Connection Facilities 5 ARTICLE 6 CAPITAL IMPROVEMENTS 6 6.1 Capital Improvements Relating to Provision of Service Items 6 ARTICLE 7 MONITORING COMMITTEE 7 7.1 Monitoring Committee 7 ARTICLE 8 LIABILITY AND INDEMNIFICATION 7 8.1 Limitation of Liability; Indemnity 7 8.2 Survival 8 ARTICLE 9 DISPUTE RESOLUTION 8 9.1 Dispute Resolution 8 ARTICLE 10 TERM AND TERMINATION 8 10.1 Applicable Term 8 10.2 Termination by Related Refinery Owner 9 10.3 Effect of Termination 9 ARTICLE 11 GENERAL PROVISIONS 9 11.1 Intellectual Property Rights 9 11.2 Notices 10 11.3 Severability 10 11.4 Entire Agreement 10 11.5 Waiver 10 11.6 Incorporation by Reference 10 11.7 Succession and Assignment 10 11.8 Binding Effect 11 11.9 Amendment 11 11.10 No Third Party Beneficiaries 11 11.11 Governing Law 11 11.12 Cooperation 11 11.13 Further Assurances 11 11.14 Recording 11 11.15 Conflicts Between Agreements 11 11.16 Counterparts 11 11.17 Joinder by Affiliates of Parties 11
View Source
Definitions and Interpretations 1. Definitions 1 1.2 Day Not a Business Day 15
View Source
Definitions and Interpretations 1. 1.1 Definitions 1 1.2 Interpretation 1 1.3 Independent Obligations 1 1.4 Prior Services Agreements 2
View Source
Definitions and Interpretations 1 
View SourceView Similar (6)

Related to Definitions and Interpretations 1

  • Definitions and Interpretations The terms "specifically approved at least annually," "vote of a majority of the outstanding voting securities," "assignment," "affiliated person," and "interested person," when used in this Agreement, shall have the respective meanings specified, and shall be construed in a manner consistent with, the Investment Company Act of 1940 and the rules and regulations promulgated thereunder. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from a term or provision of the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Securities Act of 1933, or the Securities Exchange Act of 1934 (collectively, the "Federal Securities Acts") shall be resolved by reference to such term or provision of the Federal Securities Acts and to interpretations thereof, if any, by United States federal courts or, in the absence of any controlling decisions of any such court, by rules or regulations of the Securities and Exchange Commission. Where the effect of a requirement of the Federal Securities Acts reflected in any provision of this Agreement is revised by rule or regulation of the Securities and Exchange Commission, such provisions shall be deemed to incorporate the effect of such rule or regulation.

  • Definitions and Interpretation In this Agreement, unless the context requires otherwise, the following words and expressions shall have the following meanings:

  • Definition and Interpretation 1.1. In this Agreement, unless the context otherwise requires, the following words and expressions shall have the following meanings:-

  • Captions and Interpretations Paragraph headings in this Agreement are used solely for convenience, and shall be wholly disregarded in the construction of this Agreement. No provision of this Agreement shall be interpreted for or against a party because that party or its legal representative drafted such provision, and this Agreement shall be construed as if jointly prepared by the Parties.