Capitalized Materials Clause Samples

The 'Capitalized Materials' clause defines specific terms or materials within a contract that are given special significance by being capitalized. Typically, this clause clarifies that any word or phrase appearing with an initial capital letter refers to a defined term elsewhere in the agreement, such as 'Services,' 'Deliverables,' or 'Confidential Information.' By standardizing the use of capitalized terms, the clause ensures consistency and reduces ambiguity, making it clear when a term has a specific contractual meaning versus its ordinary meaning.
Capitalized Materials. The cost of capitalized materials purchased shall not exceed the amounts set forth in the Project Budget.