Recitals and Terms Sample Clauses

The 'Recitals and Terms' clause serves to introduce the background and context of the agreement, as well as to formally set out the operative provisions that follow. Recitals typically appear at the beginning of a contract and summarize the intentions, motivations, or relevant facts leading to the agreement, while the terms section contains the specific rights, obligations, and conditions binding the parties. By clearly distinguishing the context from the enforceable commitments, this clause ensures that both parties understand the purpose of the contract and the precise rules that will govern their relationship, thereby reducing ambiguity and potential disputes.
Recitals and Terms. The above recitals are true and correct and hereby incorporated into this Agreement. The terms used in this Agreement and not otherwise specifically defined herein shall be defined in accordance with the Condominium Declaration, unless the context otherwise requires.
Recitals and Terms. The foregoing Recitals are true and correct, and are incorporated herein by this reference. Capitalized terms used and not defined herein shall have the meanings assigned thereto in the Existing Loan Agreement.
Recitals and Terms. The above recitals are true and correct and are incorporated herein by this reference. Unless otherwise defined in this Agreement, any defined terms used herein shall have the meaning set forth in the Declaration, unless the context otherwise requires.
Recitals and Terms. The Recitals are incorporated into the Agreement as if fully set forth herein. Capitalized terms used but not defined herein shall have the meaning set forth in the WSSA.
Recitals and Terms. The recitals set forth above are a material part of this Agreement and are hereby incorporated in this Agreement by reference. This Agreement shall consist of the foregoing recitals, the provisions of all of the Sections and Subsections set forth herein, and all Exhibits and Schedules referred to herein and attached hereto. This Agreement

Related to Recitals and Terms

  • Recitals and Definitions Each of the parties hereto acknowledges and agrees that the recitals set forth above in this Agreement are true and accurate, are contractual in nature, and are hereby incorporated into and made a part of this Agreement.

  • Incorporation of Recitals and Exhibits The Recitals and each exhibit attached hereto are hereby incorporated herein by reference.

  • Incorporation of Recitals; Defined Terms The parties hereto acknowledge that the Recitals set forth above are true and correct in all material respects. The defined terms in the Recitals set forth above are hereby incorporated into this Agreement by reference. All other capitalized terms used herein without definition shall have the same meanings herein as such terms have in the Credit Agreement.

  • Recitals and Exhibits The foregoing recitals and any attached exhibits are material to this Agreement and are incorporated into and made a part of this Agreement.

  • Incorporation of Recitals; Definitions The recitals set forth above are hereby incorporated herein by reference as if set forth in full in the body of this Amendment. Capitalized terms used but not otherwise defined in this Amendment have the respective meanings given to them in the Current Lease.