Standards of Interpretation Sample Clauses

Standards of Interpretation. The provisions of this Trust Agreement and any Plan established hereunder are designed and intended to comply with ERISA as amended, and construction or interpretation of the Plan or Trust Agreement shall be adopted as is consistent with the laws of the United States. The Trustees are vested with the power to interpret this Trust and any Plan established thereunder, and their interpretation, if not in conflict with the plain meaning of this Trust Agreement and any Plan established thereunder, and any applicable law or government regulation, shall be final and conclusive. If the Trustees determine or are advised that regulations, rulings, or Court action may determine issues or disputes, the Trustees may defer action for a reasonable period of time in making a determination hereunder or until such time as they can determine what is a proper determination of that issue.
Sample 1Sample 2
AutoNDA by SimpleDocs
Standards of Interpretation. (i) The language in all parts of this Agreement shall be in all cases construed simply according to its fair meaning and not strictly for or against any of the parties hereto for any reason (including by virtue of the fact that this Agreement may have been drafted or prepared by counsel for one of the parties, it being recognized that both Last Chance and PGE, and their respective counsel, contributed materially and substantially to the preparation of this Agreement). Wherever the words "include" or "includes" are used in this Agreement, they should be interpreted in a non-exclusive manner as though the words "without limitation" immediately followed the same. Section headings of this Agreement are solely for convenience of reference and shall not govern the interpretation of any of the provisions of this Agreement; and (ii) the representations and warranties contained in Section 4 above, and elsewhere in this Agreement, shall in each and every event whereby an exercise of discretion or a statement to the "best knowledge", "best of knowledge" or "knowledge" is required on behalf of any party to this Agreement be deemed to require that such exercise of discretion or statement be in good faith, with due diligence, to the best efforts of each such party and be exercised always in a reasonable manner and within reasonable times.
Sample 1
Standards of Interpretation. This Trust Agreement and any Rules and Procedures established hereunder are designed and intended to comply with ERISA, and other applicable law, and construction or interpretation of this Trust Agreement and any Rules and Procedures shall be adopted as is consistent with ERISA and other applicable law. The Board of Trustees is vested with the power to interpret this Trust and any Rules and Procedures and such interpretation, if not in conflict with the plain meaning of this Trust Agreement and any applicable law or regulation, shall be final and conclusive. The Board of Trustees may delegate certain action to the Chair and Co-Chair of the Trust and/or any other Subcommittee established by the Board of Trustees. If the Board of Trustees determines or is advised that regulations, rulings, or Court action may determine issues or disputes, the Board may defer action for a reasonable period in making a determination hereunder or until such time as the Board can determine what is a proper determination of that issue. The Board of Trustees has the full discretionary authority to determine eligibility for pension benefits and to construe the terms of the Trust Agreement and any Rules and Procedures and other documents.
Sample 1
Standards of Interpretation. (i) The language in all parts of this Agreement shall be in all cases construed simply according to its fair meaning and not strictly for or against any of the parties hereto for any reason (including by virtue of the fact that this Agreement may have been drafted or prepared by counsel for one of the parties, it being recognized that both Buyer and Sellers, and their respective counsel, contributed materially and substantially to the preparation of this Agreement). Wherever
Sample 1

Related to Standards of Interpretation

  • Principles of Interpretation The following principles of interpretation apply to this Settlement Agreement:

  • Rules of Interpretation The rules of interpretation specified in Section 1.02 of the Credit Agreement shall be applicable to this Agreement.

  • Certain Rules of Interpretation In this Agreement:

  • Interpretation, etc Any of the terms defined herein may, unless the context otherwise requires, be used in the singular or the plural, depending on the reference. References herein to any Section, Appendix, Schedule or Exhibit shall be to a Section, an Appendix, a Schedule or an Exhibit, as the case may be, hereof unless otherwise specifically provided. The use herein of the word “include” or “including,” when following any general statement, term or matter, shall not be construed to limit such statement, term or matter to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not no limiting language (such as “without limitation” or “but not limited to” or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other items or matters that fall within the broadest possible scope of such general statement, term or matter.

  • Certain Interpretations (a) Unless otherwise indicated, all references herein to Articles, Sections, Annexes, Exhibits or Schedules, shall be deemed to refer to Articles, Sections, Annexes, Exhibits or Schedules of or to this Agreement, as applicable.

  • Definitions Rules of Interpretation Capitalized terms used but not defined herein shall have the meanings set forth in Schedule 1.1, and the rules of interpretation set forth in Schedule 1.1 shall apply to this Facility Lease.

  • Interpretation; Knowledge (a) When a reference is made in this Agreement to Exhibits, such reference shall be to an Exhibit to this Agreement unless otherwise indicated. When a reference is made in this Agreement to Sections, such reference shall be to a Section of this Agreement. Unless otherwise indicated the words "include," "includes" and "

  • Neutral Interpretation This Agreement constitutes the product of the negotiation of the parties hereto and the enforcement hereof shall be interpreted in a neutral manner, and not more strongly for or against any party based upon the source of the draftsmanship hereof.

  • Definitions and Rules of Interpretation In this Contract, the following terms, whether capitalized or not, shall have the meanings set forth below, unless it is clear in the Contract that the context requires otherwise. In addition, the rules of interpretation set forth below shall apply.

Time is Money Join Law Insider Premium to draft better contracts faster.