Section 405 Clause Samples

Section 405 typically refers to a provision that outlines the responsibilities and liabilities of parties in relation to third-party actions or claims. In practice, this clause may specify how one party must indemnify or protect the other from losses arising due to the actions of third parties, such as subcontractors or affiliates. Its core function is to allocate risk and clarify which party bears responsibility for third-party issues, thereby reducing disputes and ensuring accountability in contractual relationships.
Section 405. Tax Returns and Reports...............................................................20 Section 406. Payment of Taxes, Duties, Etc. of the Trust...........................................21
Section 405. Deposited Money and U.S. Government Obligations to Be Held in Trust; Other Miscellaneous Provisions........31 ARTICLE FIVE
Section 405. Securities Payable on Redemption Date . . 29 SECTION 406. Securities Redeemed in Part . . . . . . . 29 ARTICLE FIVE . . . . . . . . . . . . . . . . . . . . . . . . 30
Section 405. Securities Payable on Redemption Date.... 27
Section 405. Securities Payable on Redemption Date . . . . . 27
Section 405. DEPOSITED MONEY AND U.S. GOVERNMENT OBLIGATIONS TO BE HELD IN TRUST; OTHER MISCELLANEOUS PROVISIONS...................................................32
Section 405. Tax Returns And Reports .......................................
Section 405. Debt Securities Payable on Redemption Date...................................... 33
Section 405. Defeasance and Discharge ......................................32
Section 405. Deposited Money and U.S. Government Obligations to Be Held in Trust; Other Miscellaneous Provisions................71 (iv) PAGE ---- Section 406. Reinstatement.................................................72 ARTICLE FIVE REMEDIES