Interpretation Clause Clause Samples
An Interpretation Clause defines how terms, phrases, and references within a contract should be understood and applied. It typically clarifies the meaning of specific words, sets out rules for interpreting dates, numbers, or gendered language, and may address how conflicts between provisions are resolved. By establishing clear guidelines for interpretation, this clause helps prevent misunderstandings and disputes over the contract’s language, ensuring all parties share a common understanding of its terms.
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Interpretation Clause. Unless the context otherwise requires, the provisions of the TSA relating to the interpretation of the TSA shall apply to this Agreement as if they were set out in full in this Agreement and to this end are incorporated herein by reference.
Interpretation Clause. Employee agrees that Employer has given Employee the opportunity to have this document reviewed by an attorney. The parties negotiated the terms herein. This Agreement shall not be interpreted more strictly against either party merely because that party drafted it.
Interpretation Clause. In these Articles the words standing in the first column of the table next hereinafter contained shall bear the meanings set opposite to them respectively in the second column thereof, if not inconsistent with the subject or context:
Interpretation Clause. 1.2 of the Principal Agreement applies to the interpretation of this Deed and Amendment (where references to “Agreement” are to be read as references to this Deed and Amendment).
Interpretation Clause. The word ‘Government’ means the Government of the State of West Bengal in having vested its local representation in the Office of the Resident Commissioner, Government of West Bengal, New Delhi. Signature of Contractor Signature of Resident Commissioner, Government of West Bengal New Delhi
Interpretation Clause. In the event of a disagreement concerning the interpretation of an item or items in this agreement, the Union Committee (i.e. Union President or his/her designee, two (2) other members appointed by the Union President or his/her designee) and the City’s Committee (i.e. Fire Chief or his/her designee) City Attorney or his/her designee, Controller or his/her designee, and the President of City Council or his/her designee if necessary shall convene and attempt to reach a satisfactory agreement of the issue/s within fifteen (15) days after notification of said disagreement. The grievance procedure may be utilized.
Interpretation Clause. In case of any dispute with regard to the interpretation of any of the provisions of this document or to the due performance in accordance with the contract terms, the decision of AGM (SLPP), GIPCL will be final and binding.
Interpretation Clause. Whenever the context so requires, the singular shall be interpreted as plural, and vice versa, and the masculine gender as feminine or neuter. In particular, the term “property” when used herein without any other qualifier means each and every movable hypothecated hereinabove.
Interpretation Clause. In the event of a disagreement concerning the interpretation of an item or items in this contract, the F.O.P. committee (i.e. the F.O.P. President or his/her designate, two other members appointed by the F.O.P. President or his/her designate) and the City’s committee (i.e. Police Chief or his/her designate, City Attorney or his/her designate, and the City Controller or his/her designate) shall convene and attempt to reach a satisfactory agreement of the issue(s) within fifteen days after notification in writing of said disagreement. This is an alternative procedure to filing a grievance in Article 10 and utilization of this Article in no way impairs the rights of any party to utilize the grievance procedure. An election to utilize this Article to resolve disputes shall waive any time limitations in Article 10.
Interpretation Clause. 1.2 (Construction) of the Facility Agreement is incorporated in this Deed as if set out in full, mutatis mutandis.
2. Guarantee
2.1 Guarantee The Guarantor irrevocably and unconditionally guarantees to the Lender the due and punctual performance by the Obligors of the Guaranteed Obligations on the terms of this Deed.
2.2 Consideration The Guarantor enters into this Deed for valuable consideration.
2.3 Payment The Guarantor must pay the Guaranteed Obligations to the Lender within five Business Days after receiving a written demand from the Lender if the Guaranteed Obligations are not performed on time and in accordance with the Facility Agreement (and which Guaranteed Obligation remains not performed as at the date of the demand and on the date that payment is due from the Guarantor).