Chapter I – Purpose Clause Samples

The "Chapter I – Purpose" clause defines the main objectives and intentions behind the agreement or document. It typically outlines the scope of the contract, specifying what the parties aim to achieve and the general subject matter covered. For example, it may state that the agreement is intended to govern a business partnership, regulate a transaction, or set forth mutual obligations. By clearly stating the purpose, this clause ensures that all parties have a shared understanding of the agreement’s goals, helping to prevent misunderstandings and disputes about its intended application.
Chapter I – Purpose. The purpose of this Agreement is the concession of Switched Fixed Telephony Service (STFC) designed for the public use in general, provided in the public system, in the local mode, in the geographic area defined in clause 2.1. , pursuant to the General Licensing Plan.
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Chapter I – Purpose. The basis of the commercial cooperation strategic partnership between both Parties is to build mutual trust, convention and tacit understanding in cooperation. Improved efficiency and joint development are the objective and fundamental interests of the cooperation between both Parties.
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Chapter I – Purpose. The purpose of the Agreement is the sale of Contracted Electricity from incentivized source, entitled to a [***]% rebate on the portion of the wire component of TUSD/TUST subject to rebate, to be supplied by Seller to Purchaser at the Delivery Point during the Supply Period, as set out in Annex I. Paragraph Two - The Parties agree that Seller shall solely bear all the risks, obligations, liabilities, Taxes, fees, costs and Sector Charges that are incurred and/or verified as result of the supply of the Contracted Electricity to the Gravity Center. Paragraph Two - The Parties agree that Purchaser shall solely bear all the risks, obligations, liabilities, Taxes, fees, costs and Sector Charges that are incurred and/or verified after the supply of the Contracted Electricity to the Gravity Center.
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Related to Chapter I – Purpose

  • Chapter 139 No person shall on the grounds of religion or on the grounds of sex (including, on the grounds that a woman is pregnant), be excluded from participation in, be denied the benefits of, or be subjected to discrimination, to include sexual harassment, under any program or activity supported by State of Vermont and/or federal funds. Party further shall comply with the non-discrimination requirements of Title VI of the Civil Rights Act of 1964, 42 USC Section 2000d, et seq., and with the federal guidelines promulgated pursuant to Executive Order 13166 of 2000, requiring that contractors and subcontractors receiving federal funds assure that persons with limited English proficiency can meaningfully access services. To the extent Party provides assistance to individuals with limited English proficiency through the use of oral or written translation or interpretive services, such individuals cannot be required to pay for such services.

  • Loan Purpose The loan borrowed hereunder shall be used for turnover of working capital. Without the written consent of the Lender, the Borrower may neither change the loan purpose nor use the loan for any other purposes. The Lender shall have the right to supervise the Borrower’s use of the loan.

  • GENERAL PURPOSE The purpose of this Agreement is to maintain a harmonious relationship between the Company and its employees; to provide an amicable and equitable method of settling grievances or differences which might possibly arise; to maintain mutually satisfactory working conditions, hours and wages for all employees who are subject to the provisions of this Agreement, and generally to promote the mutual interests of the Company and its employees.

  • Program Purpose The purpose of this Program is to provide preventive and primary health care (PHC) for individuals who reside in the state of Texas with a gross family income at or below 200 percent of the federal poverty level (FPL). Grantee shall provide services regardless of race, color, national origin, sex, age, religion, disability, political beliefs, sexual orientation, and family income.

  • Continuance of Agreement for Certain Purposes If any Party terminates this Agreement with respect to any Fund pursuant to Sections 6.1(b), 6.1(c), 6.1(d), 6.1(f), 6.1(g), 6.1(h) or 6.1(i) hereof, this Agreement shall nevertheless continue in effect as to any Shares of that Fund that are outstanding as of the date of such termination (the "Initial Termination Date"). This continuation shall extend to the earlier of the date as of which an Account owns no Shares of the affected Fund or a date (the "Final Termination Date") six (6) months following the Initial Termination Date, except that LIFE COMPANY may, by written notice shorten said six (6) month period in the case of a termination pursuant to Sections 6.1(d), 6.1(f), 6.1(g), 6.1(h) or 6.1(i).