As used in this Agreement Clause Samples
The "As Used in this Agreement" clause defines specific terms and phrases as they are intended to be understood throughout the contract. It typically lists key words or expressions and provides their precise meanings, ensuring that all parties interpret these terms consistently; for example, it might clarify that "Company" refers to a particular legal entity or that "Services" encompasses a defined set of activities. This clause's core function is to eliminate ambiguity and prevent misunderstandings by establishing a shared vocabulary for the agreement.
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As used in this Agreement. The term “Beneficiary” shall have the meaning assigned thereto in Section 3 of this Agreement.
As used in this Agreement. The term "grantor" means the owner or operator who enters into this agreement and any successors or assigns of the grantor.