Correct terms Sample Clauses

The 'Correct terms' clause ensures that all terms used within the agreement are accurate and reflect the true intentions of the parties involved. In practice, this clause may require the parties to review and, if necessary, amend any terms that are found to be incorrect, ambiguous, or inconsistent with the agreed-upon understanding. Its core function is to prevent misunderstandings or disputes arising from errors or misstatements in the contract, thereby promoting clarity and reducing the risk of future conflicts.
Correct terms assume that the terms of each Note or Coupon as issued are correct;