Purpose of Part Sample Clauses

The 'Purpose of Part' clause defines the overall intent and scope of the specific section within a contract or legal document. It typically outlines what the following provisions are meant to achieve or regulate, such as setting out the rules for a particular process or clarifying the application of certain obligations. By clearly stating the objectives of the part, this clause helps ensure that readers understand the context and relevance of the subsequent clauses, thereby promoting clarity and reducing the risk of misinterpretation.
Purpose of Part. The purpose of this part is to set forth the manner in which flood insur- ance under the Program is made avail- able to the general public in those com- munities designated as eligible for the sale of insurance under part 64 of this subchapter, and to prescribe the gen- eral method by which the Federal In- surance Administrator exercises his/ her responsibility regarding the man- ner in which claims for losses are paid.
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Purpose of Part. (1) This Part recognises the commitment of the Department to providing sufficient support and flexibility to assist employees to balance work and other responsibilities, particularly through flexible working arrangements and part‑time work, home‑based work and flexible leave arrangements. (2) The Department places importance on developing a working environment where employees are able to balance their work and personal responsibilities in a flexible and safe workplace. The Department recognises that employees need to balance their working life commitments with other competing interests such as family and community responsibilities and lifestyle choices. (3) The Department acknowledges that managers must provide effective leadership on setting clear, achievable and realistic work priorities in order to achieve an appropriate work/life balance in the particular circumstances.
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Purpose of Part. The purpose of this Part is to ensure that employers and employees who are subject to the legislation of Croatia or Australia do not have a double liability under the legislation of Croatia and Australia, in respect of the same work of an employee.
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Purpose of Part. 2 11.1. The purpose of Part 2 is to: a. describe the basis for, and calculation of, the Commonwealth price and variations to that price that may occur over the life of the Agreement; and b. ensure that all components which make up the Commonwealth price are clearly documented so that there is certainty for all approved pharmacists.
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Purpose of Part. The purpose of this Part is to ensure that employers and employees who are subject to the legislation of Ireland or Australia do not have a double liability under the legislation of Ireland and Australia, in respect of the same work of an employee.
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Related to Purpose of Part

  • Purpose of Partnership The exclusive purpose of the Partnership shall be (i) to own and operate those certain restaurants known as Outback Steakhouse® at those addresses listed on Exhibit A, and such additional restaurants, if any, as may be approved by the Company in its sole discretion and as may hereafter be established by the Partnership (individually, the “Restaurant,” or collectively, the “Restaurants”), utilizing the System and the Proprietary Marks owned by or licensed to the Company and (ii) to engage in any other lawful act, business or activity for which limited partnerships may be formed under the Act and engage in any and all activities necessary, advisable, convenient or incidental thereto. The Limited Partners acknowledge and agree that as between the parties hereto, the Company is the sole and exclusive owner of the System and the Proprietary Marks and neither the Limited Partners nor the Partnership have any right, title, or interest in or to the System or the Proprietary Marks, except as specifically provided in Section 4.5 hereof. Nothing contained herein shall be construed as granting the Partnership or any Partner any exclusive or protected trading area. Nothing contained herein shall be construed as obligating the Company to open additional restaurants on behalf of the Partnership or to authorize the Partnership to open additional Restaurants. Nothing contained herein shall be construed as limiting the Company’s, or its Affiliates’, right to open, or license others to open, Outback Steakhouse® restaurants at any location, and neither the Partnership nor any Limited Partner shall have any interest in such restaurants.

  • Purpose of Plan The Board of each Participating Fund maintains this Deferred Compensation Plan for Independent Directors and Trustees. The purpose of the Plan is to allow the independent directors and trustees of the Participating Funds to defer receipt of all or a portion of the compensation they earn for their service to the Participating Funds in lieu of receiving current payments of such compensation, and to treat any deferred amount as though an equivalent dollar amount had been invested in shares of one or more Eligible Funds. Each Board intends that the Plan shall be maintained at all times on an unfunded basis for federal income tax purposes under the Code. The Plan is not covered by the Employee Retirement Income Security Act of 1974, as amended.

  • Purpose of DPA The purpose of this DPA is to describe the duties and responsibilities to protect Student Data including compliance with all applicable federal, state, and local privacy laws, rules, and regulations, all as may be amended from time to time. In performing these services, the Provider shall be considered a School Official with a legitimate educational interest, and performing services otherwise provided by the LEA. Provider shall be under the direct control and supervision of the LEA, with respect to its use of Student Data

  • Purpose of Use The Executive agrees that he will use Confidential Information only for purposes authorized or directed by the Company.

  • Purpose of Trust The purpose of the Trust is to conduct, operate and carry on the business of a management investment company registered under the 1940 Act through one or more Series investing primarily in securities.