Purpose Definitions and Interpretation Clause Samples

Purpose Definitions and Interpretation. 1.1 This Agreement sets out the terms and conditions upon and subject to which the Lender agrees to make available to the Borrower a loan of US$ 1,000,000 for the purpose of assisting the Borrower in implementing its Business Plan. 1.2 In this Agreement unless the context otherwise requires:-
Purpose Definitions and Interpretation. The purpose of the Loan shall be to make available to the Borrower a facility in the amount of up to United States Dollars ten million (USD 10,000,000) by one (1) advance for the purpose of partly financing the acquisition cost of the Vessel (as hereinafter defined)
Purpose Definitions and Interpretation. 1.1 The purpose of the Loan shall be to finance 73.24% of the purchase price of the Ship (as evidenced by the shipbuilding contract in respect of the Ship). 1.2 In this Agreement, unless the context otherwise requires, the following expressions shall have the following meanings:
Purpose Definitions and Interpretation. 1.01. (Purpose). This Agreement sets out the terms and conditions upon and subject to which it is agreed that the Bank will make available to the Borrower a loan of up to Dollars Fifteen million ($15,000,000) for the purpose of assisting the Borrower to refinance part (up to about 50%) of the Purchase Price of the Vessel. 1.02. (Definitions). In this Agreement, unless the context otherwise requires each term or expression defined in the recital of the parties, in this Clause 1.02, in Clauses 8.07, 11.01, 11.06, 11.08 and in Schedule 1, shall have the meaning given to it herein and therein and:
Purpose Definitions and Interpretation. 1.1 The purpose of the Loan shall be: (a) to enable Borrower A to part finance the payment of the Contract Price of Ship A from Seller A; and (b) to enable Borrower B to part finance the payment of the Contract Price of Ship B from Seller B. 1.2 In this Agreement, unless the context otherwise requires, the following expressions shall have the following meanings:
Purpose Definitions and Interpretation. 1.1 This Agreement sets out the terms and conditions upon and subject to which the Bank agrees to make available to the Borrower a loan of L 1,000,000 for the purpose of assisting the Borrower in the purchase of the Property. As interest on the Loan is to be charged at a fixed rate, formal arrangements require to be made with Financial Markets to establish the fixed rate of interest and to book the Loan. In the event that the Loan is not drawn down and/or repaid as agreed, the Borrower shall compensate the Bank for any loss incurred as detailed in this Agreement. 1.2 In this Agreement unless the context otherwise requires:-
Purpose Definitions and Interpretation. 1.1 The purpose of the Loan shall be to enable the Borrower to refinance fifty five per cent. (55%) of the purchase price of the vessel m.v. "WICHITA BELLE" registered on the Panamanian flag in the name of the Borrower; 1.2 In this Agreement, unless the context otherwise requires, the following expressions shall have the following meanings:
Purpose Definitions and Interpretation. The purpose of this Bylaw is to regulate the release of matter to the City of Edmonton’s sewerage system and watercourses and to levy sewer service charges for services provided. DEFINITIONS 2 In this bylaw, unless the context otherwise requires:
Purpose Definitions and Interpretation. 1.1 This Agreement sets out the terms and conditions upon and subject to which the Bank agrees to make available to the Borrower a loan of GBP4,000,000 to fund the development of the Borrower's business based in the United States of America and to provide working capital for the Group's businesses in the United Kingdom and the United States of America. 1.2 In this Agreement unless the context otherwise requires:-
Purpose Definitions and Interpretation. 1.1 The purpose of this Supply Agreement is to provide the terms and conditions under which TBio shall use Commercially Reasonable Efforts to manufacture and supply Sanofi Pasteur with (1) non-cGMP pre-clinical Products and (2) cGMP clinical Products ((1) and (2) defined further below as “Non-clinical Supply” and “Clinical Supply”, respectively), as well as (3) Research Materials and (4) Tech Transfer Materials ((1), (2), (3), and (4) collectively, “Deliverables”). 1.2 The terms of this Supply Agreement are meant to supplement the provisions of the Collaboration and License Agreement with regard to the supply of Deliverables. 1.3 In addition to the Collaboration and License Agreement and the Supply Agreement, the Parties have entered into Quality Agreements attached hereto as Schedules B and C. In the event of any inconsistency between the terms of the Quality Agreements and the terms of this Supply Agreement and the terms of the Collaboration and License Agreement, the terms of the Collaboration and License Agreement shall prevail and govern except: 1) in regard to the specific supply of Deliverables, in which case this Supply Agreement shall prevail and govern, but the Collaboration and License Agreement shall govern as to the time periods that TBio is required to supply Deliverables, and 2) in regard to the specific quality aspects of the supply of Deliverables, in which case the terms of the applicable Quality Agreement shall prevail and govern. 1.4 The following terms shall have the following meanings in this Supply Agreement: