Formation and Definitions Sample Clauses

The 'Formation and Definitions' clause establishes the point at which a contract becomes legally binding and provides clear definitions for key terms used throughout the agreement. Typically, this clause outlines the necessary steps or conditions—such as offer, acceptance, and consideration—that must be met for the contract to take effect, and lists specific terms with their precise meanings to avoid ambiguity. By clarifying when the contract is formed and what important terms mean, this clause ensures both parties have a shared understanding, reducing the risk of disputes over interpretation or enforceability.
Formation and Definitions. (a) The Company was formed pursuant to the ▇▇▇▇▇▇▇-▇▇▇▇▇▇ Limited Liability Company Act, as amended from time to time (the “Act”) on December 14, 2007, upon the filing of the Company’s Articles of Organization (the “Articles”) in the office of the Secretary of State of the State of California. The rights and obligations of the Member and Manager and the terms and conditions of the Company shall be governed by the Act and this Agreement. To the extent the provisions of the Act and this Agreement are inconsistent with respect to any subject matter covered in this Agreement, this Agreement shall govern, but only to the extent permitted by the Act. (b) Capitalized terms used and not otherwise defined below or elsewhere in this Agreement have the meanings set forth in the Act:
Formation and Definitions. 2 1.1 Formation...................................................................................2 1.2 Name........................................................................................2 1.3 Members and Ownership Interests.............................................................2 1.4
Formation and Definitions. 1 1.1 Formation....................................................................................1 1.2
Formation and Definitions. 1 1.1 Formation..................................................................... 1 1.2 Name.......................................................................... 1 1.3 Members....................................................................... 1 1.4 Units; Percentage Interests................................................... 1 1.5 Principal Office; Registered Office and Agent................................. 1 1.6
Formation and Definitions 

Related to Formation and Definitions

  • Introduction and definitions 1.1 This agreement (the “Grant Agreement”) consists of 23 Clauses, 2 Schedules and 2

  • Construction and Definitions Unless defined below or otherwise in this Annex A, all of the capitalized terms used in this Annex A shall have the meanings assigned to them in this Agreement:

  • RECOGNITION AND DEFINITIONS Section 1 - Recognition

  • Plan and Defined Terms This award is granted under and subject to the terms of the 2005 Stock Incentive Compensation Plan and the Stock Incentive Compensation Plan (2005) Addendum dated July 5, 2005 (together the “Plan”), which is incorporated herein by reference. Capitalized terms used herein and not defined in the Agreement (including Section 7 hereof) shall have the meaning set forth in the Plan. To the extent any conflict between the terms of this Agreement and the Plan, the terms of the Plan shall control.

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