Purpose and scope of the Annex Clause Samples

The "Purpose and scope of the Annex" clause defines the objectives and boundaries of the annexed document within a contract or agreement. It clarifies what topics, processes, or obligations the annex covers, and specifies how its provisions relate to the main agreement—such as whether it supplements, modifies, or details certain terms. This clause ensures that all parties understand the relevance and limitations of the annex, preventing misunderstandings about its application and legal effect.
Purpose and scope of the Annex. (1) In addition to the provisions of the Framework Agreement, the provisions of this Annex apply if the Bank offers to the Contracting Party the execution of F&O Contracts through central counterparties by means of members of these central counterparties (each a "Clearing Member") chosen by the Bank ("Indirect Clearing"). (2) The Bank will instruct one or more Clearing Members to perform clearing services as regards the Counterparty on the basis of a clearing agreement (each a "Client Clearing Agreement") for Indirect Clearing purposes. The Client Clearing Agreement contains, in particular, provisions regarding the establishment, margining, termination or transfer of clearing contracts between the Clearing Member and the Bank (each a "Client Clearing Transaction") relating to the respective Contracts entered into the execution system of the central counterparties for Indirect Clearing purposes.
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Related to Purpose and scope of the Annex

  • Purpose and Scope The purpose of these standard contractual clauses is to ensure compliance with the requirements of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (General Data Protection Regulation)1 for the transfer of personal data to a third country.

  • PURPOSE AND SCOPE OF AGREEMENT 1.01 The purpose of this Agreement is to maintain harmonious and mutually beneficial relationships between the Employer, the Union and the employees and to set forth herein certain terms and conditions of employment upon which agreement has been reached through collective bargaining. 1.02 The parties to this Agreement share a desire to improve the quality of the Canadian Food Inspection Agency and to promote the well-being and increased efficiency of its employees to the end that the people of Canada will be well and efficiently served. Accordingly, the parties are determined to establish, within the framework provided by law, an effective working relationship at all levels of the Agency in which members of the bargaining units are employed.

  • Object and Scope of the Agreement The competent authorities of the Contracting Parties shall provide assistance through exchange of information that is foreseeably relevant to the administration and enforcement of the domestic laws of the Contracting Parties concerning taxes covered by this Agreement. Such information shall include information that is foreseeably relevant to the determination, assessment and collection of such taxes, the recovery and enforcement of tax claims, or the investigation or prosecution of tax matters. Information shall be exchanged in accordance with the provisions of this Agreement and shall be treated as confidential in the manner provided in Article 8. The rights and safeguards secured to persons by the laws or administrative practice of the requested Party remain applicable to the extent that they do not unduly prevent or delay effective exchange of information.

  • Scope of the Agreement This Agreement shall apply to all investments made by investors of either Contracting Party in the territory of the other Contracting Party, accepted as such in accordance with its laws and regulations, whether made before or after the coming into force of this Agreement.

  • PURPOSE OF THE AGREEMENT ‌ The purpose of this Agreement is to authorize PDL NPDL to charter space to PFLG in the Trade (as hereinafter defined).