Intentionally Deleted Clause Samples

The "Intentionally Deleted" clause serves to indicate that a section or provision has been deliberately removed from a contract or agreement. In practice, this phrase is inserted in place of a clause number or heading where content previously existed but has been omitted during drafting or negotiation. This approach maintains the original numbering and structure of the document, preventing confusion or misinterpretation about missing content. Its core function is to ensure clarity and transparency in the contract by signaling that the omission is purposeful and not an error or oversight.
POPULAR SAMPLE Copied 41 times
Intentionally Deleted. Intentionally Deleted.
Intentionally Deleted. 7(i) Use of Proceeds. (i) The proceeds of all Tranche A Loans shall --------------- be used by the Companies solely for the purposes of acquiring Eligible A/B Mortgage Loans to be held for sale by the Companies and of originating Warehousing Loans which Warehousing Loans shall be secured by Mortgage Loans pledged by sub-borrowers to the Companies; (ii) the proceeds of all Tranche B Loans shall be used by the Companies solely for the purpose of acquiring or retaining Eligible A/B Mortgage Loans to be held for investment by the Companies; (iii) the proceeds of all Tranche C Loans shall be used by the Companies solely for the purpose of acquiring and maintaining Servicing Contracts and Master Servicing Contracts; (iv) the proceeds of all Tranche D Loans shall be used by the Companies solely for the purpose of originating Construction Loans, which Construction Loans shall be secured by mortgages or deeds of trust from sub-borrowers in favor of the Companies with respect to the real property and improvements being pledged and constructed with the proceeds thereof; (v) the proceeds of all Tranche E Loans shall be used by the Companies solely for the purpose of originating Servicing Loans, which Servicing Loans shall be secured by the servicing rights and servicing receivables pledged by sub-borrowers to the Companies; (vi) the proceeds of all Tranche F Loans shall be used by the Companies solely for the purpose of originating Foreclosure/Repurchase Loans, which Foreclosure/Repurchase Loans shall be secured by the Foreclosure Mortgage Loans and Repurchase Mortgage Loans pledged by sub-borrowers to the Companies; and (vii) the proceeds of all Tranche G Loans shall be used by the Companies solely for the purpose of repaying to the L/C Bank the amount of any unrepaid L/C Drawings; provided, however, that so long as -------- ------- the aggregate principal amount of outstanding Tranche A Loans, Tranche B Loans, Tranche C Loans, Tranche D Loans, Tranche E Loans and Tranche F Loans is less than the Aggregate Collateral Value of the Borrowing Base, the Companies may use the proceeds of any Tranche A Loans, Tranche B Loans, Tranche C Loans, Tranche D Loans, Tranche E Loans or Tranche F Loans for any general corporate purpose of the Companies.
Intentionally Deleted. 13.1.7 Intentionally Deleted. § 13.2 Intentionally Deleted.
Intentionally Deleted. Any and all property which may be removed from the Premises by Landlord pursuant to the authority of this Lease or of law, to which Tenant is or may be entitled, may be handled, removed and/or stored, as the case may be, by or at the direction of Landlord but at the risk, cost and expense of Tenant, and Landlord shall in no event be responsible for the value, preservation or safekeeping thereof. Tenant shall pay to Landlord, upon demand, any and all expenses incurred in such removal and all storage charges against such property so long as the same shall be in Landlord’s possession or under Landlord’s control. Any such property of Tenant not retaken by Tenant from storage within thirty (30) days after removal from the Premises shall, at Landlord’s option, be deemed conveyed by Tenant to Landlord under this Lease as by a ▇▇▇▇ of sale without further payment or credit by Landlord to Tenant.
Intentionally Deleted. Overtime worked and paid for by direct deposit shall be computed at an hourly rate based on the annual salary of the member affected at the time such overtime is worked, divided by 2,080 being the total annual regular hours of work. Time worked in excess of a regular tour of duty shall not be deemed as overtime unless it exceeds fifteen (15) minutes.
Intentionally Deleted. ARTICLE 14
Intentionally Deleted. 33 SECTION 3.16.
Intentionally Deleted. [INTENTIONALLY DELETED]
Intentionally Deleted. Unless a Standby Letter of Credit is drawn by Contracting Authority in accordance with the provisions of this Project Agreement, Contracting Authority shall release and deliver the Standby Letter(s) of Credit to Project Co on Financial Close.
Intentionally Deleted. (e) Section 1.1.11 is hereby deleted in its entirety and replaced with the following: