Relevant Definitions Clause Samples
The 'Relevant Definitions' clause serves to clearly define specific terms used throughout the agreement. It typically lists key words or phrases and provides precise meanings for each, ensuring that all parties interpret these terms consistently. For example, it may define what constitutes a 'business day' or clarify the meaning of 'confidential information' within the context of the contract. This clause is essential for preventing misunderstandings and disputes by establishing a common understanding of important terminology used in the agreement.
Relevant Definitions. The “Adviser Target Amount” is, as of any time, the aggregate amount that would be paid to the Adviser as Incentive Fee as of such time, determined as if all amounts previously distributed to the Members pursuant to Article 7 and Article 9 of the LLC Agreement (net of amounts returned by the Members to the Company pursuant to 11.4 of the LLC Agreement and amounts then owed by the Company to creditors) had been retained by the Company and distributed to the Members pursuant to 9.2 of the LLC Agreement as of such time; provided, however, that in determining the amounts distributable to each Member pursuant to 9.2 of the LLC Agreement, each Member’s Hurdle shall be determined based on the timing of amounts previously distributed to such Member with respect to its Common Units, and the fair market value of any property distributed in kind by the Company shall be determined as of the time of distribution.
Relevant Definitions. Unless the context otherwise specifies, the following terms used in this agreement shall have the following meanings:
Relevant Definitions. In this clause 29, in addition to other defined terms: FAT Act means the Foreign Acquisitions and Takeovers ▇▇▇ ▇▇▇▇ (Cth).
Relevant Definitions. In this clause 37, in addition to other defined terms:
Relevant Definitions. For the purposes of the restrictions set out in Clauses 7, 8 and 9:
(a) the expression "Company" shall include any former owner or transferor of a business acquired by the Company by which the Executive shall have been employed under a contract of employment in respect of which his service is included for the purposes of calculating continuous employment with the Company;
Relevant Definitions. In this clause 10:
Relevant Definitions. For the purposes of the restrictions set out in Clauses 7, 8 and 9:
(a) the expression "Company" shall include any former owner or transferor of a business acquired by the Company by which the Employee shall have been employed under a contract of employment in respect of which his service is included for the purposes of calculating continuous employment with the Company;
(b) any reference to the Company and to the Company's trade or business shall be deemed to include any Group Company and its trade or business and/or to apply to them as if the words were repeated by reference to such company insofar as the Employee shall have been performing any services whatsoever for a period of not less than three months for such Group Company at any time during the period of one year prior to the Termination Date and the Employee hereby undertakes to execute any further documents which the Company may reasonably require to confirm this; and
(c) where references to the Company and Company's trade or business are deemed to include and/or apply to a Group Company and to a Group Company's business pursuant to paragraph (b) of this Clause 10, the Employee covenants with the Company for itself and as trustee for each Group Company in the same terms in relation to each such Group Company and each Group Company's business as he does with the Company and in respect of the Company's business.
Relevant Definitions. For purposes of this Section 4.05, the following terms shall have the following meaning:
Relevant Definitions. Terms not otherwise defined and used in this Section 4.3 shall be ascribed such meanings as provided in the Company’s currently effective Memorandum and Articles of Association.
Relevant Definitions. For purposes of this Section 9: (1) “Active Customer” shall mean any customer or prospective customer of the Company which, within the Reference Period, either received any products or services supplied by or on behalf of the Company or was the recipient of at least two (2) business contacts by any personnel of the Company (including the Executive). (2) “Restricted Person” shall mean any employee of the Company employee (1) has been entrusted with the Company’s Confidential Information or Trade Secrets in connection with his/her employment with the Company and (2) with whom the Executive directly worked at any point during the Reference Period.