Recitations Clause Samples
The RECITATIONS clause serves to set out the background, context, and purpose of the agreement by summarizing the key facts or intentions that led the parties to enter into the contract. Typically, this section outlines the identities of the parties, the general nature of their relationship, and the reasons for forming the agreement, such as a desire to collaborate on a project or to formalize a business arrangement. By providing this context, the RECITATIONS clause helps clarify the intent behind the contract and can assist in interpreting the parties’ obligations if any disputes arise.
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Recitations. The above recitations are incorporated herein by this reference.
Recitations. The above recitations are true and correct and are incorporated herein by this reference.
Recitations. The Company is presently employing the Optionee as its employee at a Subsidiary (as defined below) of the Company and considers it desirable and in its best interest that Optionee be given an inducement to acquire an initial or additional proprietary interest in the Company as an added incentive to advance the interest of the of the Company in the form of this option to purchase certain shares of the Company's common stock, par value $.10 per share ("Common Stock"). The Board of Directors of the Company has adopted and granted this option on this 22nd day of April, 1998.
Recitations. Each and all of the foregoing recitals are true and correct and are incorporated herein by reference.
Recitations. The foregoing recitations are true and correct and are incorporated herein by reference.
Recitations. The foregoing recitals are true and correct and are incorporated herein by reference.
Recitations. Each of the Credit Parties hereby jointly and severally confirms the truth and accuracy of each of the preambles and recitals set forth in the introduction to this Amendment and agrees that each of the preambles and recitals set forth in the introduction to this Amendment are incorporated herein by reference and are and shall be deemed to be a part of this Amendment as if fully set forth herein.
Recitations. The Board of Trustees of the Fund and the Investment Counsel previously agreed to implement an expense cap beginning August 12, 2019 and continuing through October 31, 2021, and would like to extend that date to April 30, 2025.
Recitations. The Fund is an investment company registered with the Securities and Exchange Commission under the provisions of the Investment Company Act of 1940, and was organized pursuant to the Declaration of Trust of Longleaf Partners Funds Trust, originally effective on November 26, 1986, under the name Southeastern Asset Management Value Trust (the “Master Trust”). The Investment Counsel is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Fund and the Investment Counsel are parties to an Investment Counsel Agreement dated August 1, 1994, and subsequently renewed from time to time (the “Agreement”) under which the Investment Counsel provides investment advisory and management services to the Fund.
Recitations. The Fund is an investment company registered with the Securities and Exchange Commission under the provisions of the Investment Company Act of 1940, and was organized pursuant to an amendment effective December 21, 1988 to the Declaration of Trust of Longleaf Partners Funds Trust, originally effective on November 26, 1986, under the name Southeastern Asset Management Value Trust (the “Master Trust”). The Investment Counsel is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Fund and the Investment Counsel are parties to an Investment Counsel Agreement dated August 1, 1994, and subsequently renewed from time to time (the “Agreement”) under which the Investment Counsel provides investment advisory and management services to the Fund.