Interpretation Principles Sample Clauses
The Interpretation Principles clause sets out the rules and guidelines for how the terms and provisions of a contract should be understood and applied. It typically clarifies how ambiguities are to be resolved, how headings and defined terms are to be treated, and may specify that singular words include the plural and vice versa. By establishing these interpretive standards, the clause ensures consistency in understanding the contract’s language and helps prevent disputes over meaning or intent.
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Interpretation Principles. Headings are for convenience only and do not affect interpretation. The following rules of interpretation apply unless the context requires otherwise:
(a) the singular includes the plural and vice versa;
(b) where a word or phrase is defined, its other grammatical forms have a corresponding meaning;
(c) where a word or phrase is defined, any ordinary English meaning of such word or phrase will not limit its interpretation;
(d) a reference to a party to this agreement includes the party’s successors and permitted assigns;
(e) a reference to a person includes a firm, a body corporate, an unincorporated association or an authority and vice versa;
(f) a reference to this agreement or another document includes any variation, novation, replacement or supplement to any of them from time to time;
(g) a reference to a part, clause, annexure, exhibit, appendix or schedule is a reference to a part of, clause of, an annexure, exhibit, appendix or schedule to this agreement and a reference to this agreement includes any annexure, exhibit, appendix and schedule;
(h) a reference to dollars or $ means the currency of Australia;
(i) a reference to a right or obligation of two or more persons confers that right, or imposes that obligation, as the case may be, jointly and severally;
(j) a reference to any legislation or to any provision of any legislation includes any modification or re-enactment of it, any legislative provision substituted for it and any regulations and statutory instruments issued under it;
(k) a reference to conduct includes any omission, representation, statement or undertaking, whether or not in writing;
(1) specifying anything in this agreement after the words including, includes, such as or for example or similar expressions does not limit what else might be included unless there is express wording to the contrary;
(m) a reference to any thing (including any amount) is a reference to the whole or each part of it and a reference to a group of persons is a reference to any one or more of them; and
(n) where something is required to be done on a day that is not a Business Day, it is required to be done on the immediately following Business Day.
Interpretation Principles. In this agreement, unless the contrary intention appears:
(a) the singular includes the plural and vice versa;
(b) a person includes a corporation, unincorporated association, partnership, joint venture or public, statutory or governmental association or agency;
(c) a statute or regulation includes an amendment, replacement or re-enactment of that statute or regulation;
(d) including' and similar words are not words of limitation;
(e) a reference to currency is to Australian currency; and
(f) headings are for convenience only and do not form part of this agreement or affect its interpretation.
Interpretation Principles. In this agreement, unless the contrary intention appears:
1. the singular includes the plural and vice versa;
2. a person includes a corporation, unincorporated association, partnership, joint venture or public, statutory or governmental association or agency;
3. a statute or regulation includes an amendment, replacement or re-enactment of that statute or regulation;
Interpretation Principles. (i) “This Agreement”, other agreements, or documents refer to this Agreement, including modifications, amendments, or supplements made from time to time.
(ii) Terms such as “including”, “include”, etc., shall be deemed to include the phrase “without limitation”.
(iii) The singular includes the plural, and vice versa.
(iv) Unless expressly defined as “business days”, days refer to calendar days.
(v) “Or” is not exclusive but inclusive.
(vi) Phrases like “under this Agreement”, “in this Agreement”, etc., refer to the entire Agreement.
(vii) Sections, clauses, or appendices refer to the respective sections, clauses, or appendices of this Agreement.
(viii) Dates refer to dates in the Republic of Korea.
Interpretation Principles. No inference in favor of or against any Party shall be drawn from the fact that the Party drafted any part of this Agreement. The Parties both participated substantially in the negotiation, drafting, and revision of this Agreement, with advice from legal and other counsel and advisers of their own selection. A word, term, or phrase defined in the singular in this Agreement may be used in the plural, and vice versa, all in accordance with ordinary principles of English grammar, which shall govern all language in this Agreement. The words “include” and “including” in this Agreement shall be construed to be followed by the words: “without limitation.” Each collective noun in this Agreement shall be interpreted as if followed by the words “(or any part of it),” except where the context clearly requires otherwise. Every reference to a document, including this Agreement, refers to the document, as modified from time to time (excepting any modification violating this Agreement), and includes all exhibits, schedules, addenda, and riders to the document. The word “or” in this Agreement includes the word “and,” except where the context clearly requires otherwise. Every reference to a law, statute, regulation, order, form, or similar governmental requirement refers to each requirement as amended, modified, renumbered, superseded, or succeeded, from time to time.
Interpretation Principles. In this Agreement, the expressions set out below shall have the meaning as follows:
Interpretation Principles. As used in this Agreement, the capitalized terms listed in Section 1.2 shall have the meanings set forth therein or in the specific Section of this Agreement, to which the respective definition refers. Unless the context of this Agreement otherwise requires: (a) words of any gender include the other gender; (b) words using the singular or plural number also include the plural or singular number, respectively; (c) the terms “hereof,” “herein,” “hereby,” and derivative or similar words refer to this entire Agreement; and (d) the term “including” means “including without limitation”.
Interpretation Principles. In this Agreement
(a) reference to:
(i) one gender includes the others;
(ii) the singular includes the plural and the plural includes the singular;
(iii) a person includes a body corporate;
(iv) a Party includes the Party’s executors, administrators, successors and permitted assigns;
(v) a document or a provision of a document is to that document or provision as varied, novated, ratified or replaced from time to time;
(vi) this Agreement is to this Agreement as varied, novated, ratified or replaced from time to time;
(vii) a party, clause, schedule, exhibit, attachment or annexure is a reference to a party, clause, schedule, exhibit, attachment or annexure to or of this Agreement, and a reference to this Agreement includes all schedules, exhibits, attachments and annexures to it;
(viii) an agency or body if that agency or body ceases to exist or is reconstituted, renamed or replaced or has its powers or function removed (obsolete body), means the agency or body which performs most closely the functions of the obsolete body;
(ix) a statute includes any regulations or other instruments made under it (delegated legislation) and a reference to a statute or delegated legislation or a provision of either includes consolidations, amendments, re-enactments and replacements; and
(x) $ or dollar is to Australian currency;
(b) including" and similar expressions are not words of limitation;
(c) where a word or expression is given a particular meaning, other parts of speech and grammatical forms of that word or expression have a corresponding meaning;
(d) headings and any table of contents or index are for convenience only and do not form part of this Agreement or affect its interpretation; and
(e) this Agreement must not be construed to the disadvantage of a Party merely because that Party was responsible for the preparation of the Agreement.
Interpretation Principles. The following rules of interpretation apply:
10.1 Headings are for convenience only and do not affect interpretation.
10.2 The singular includes the plural and conversely.
10.3 A reference to a person includes a body corporate, an unincorporated body or other entity and conversely.
10.4 The word “including” and similar expressions are not words of limitation.
10.5 This ▇▇▇▇ or any part of it is not to be construed to the disadvantage of a party because that party was responsible for its preparation.
10.6 If a provision of this ▇▇▇▇ offends any applicable law, or is unlawful, invalid or unenforceable, then where the provision can be read down so as to be valid and enforceable it must be read down to that extent, or otherwise will be deemed to be severed from the other provisions.
Interpretation Principles. In this Agreement, the following terms and expressions shall have the following meaning: an "asset" shall mean any tangible or intangible asset (including all corporate rights) registered in the balance sheet of a company; an "action in concert" shall be understood in accordance with the meaning ascribed to it by Article 356-1 of Law n(degree)66-537 on commercial companies;