Common use of General Usage Clause in Contracts

General Usage. Except where the context clearly requires to the contrary: (a) instances of gender or entity-specific usage (e.g., “his,” “her,” “its,” “person” or “individual”) shall not be interpreted to preclude the application of any provision of this Agreement to any individual or entity; (b) the word “or” shall not be applied in its exclusive sense; (c) references to laws, regulations and other governmental rules, as well as to contracts, agreements and other instruments, shall mean such rules and instruments as in effect at the time of determination (taking into account any amendments thereto effective at such time without regard to whether such amendments were enacted or adopted after the effective date of this Agreement) and shall include all successor rules and instruments thereto; (d) references to any specific statute or similar codification of law shall mean such statute or other codification as construed, modified or enabled by any applicable binding governmental rules or regulations; (e) references to “$” or “dollars” shall mean the lawful currency of the United States; (f) references to “Federal” or “federal” shall be to laws, agencies or other attributes of the United States (and not to any State or locality thereof); (g) the meaning of the terms “domestic” and “foreign” shall be determined by reference to the United States;

Appears in 2 contracts

Sources: Limited Partnership Agreement, Limited Partnership Agreement