Explanatory Notes and Definitions Clause Samples

The Explanatory Notes and Definitions clause serves to clarify the meaning of specific terms and concepts used throughout the agreement. It typically provides a list of defined terms, often capitalized, and may include brief explanations or context for how these terms should be interpreted within the contract. By establishing clear definitions and explanatory notes, this clause helps prevent misunderstandings and disputes over ambiguous language, ensuring that all parties share a common understanding of key provisions.
Explanatory Notes and Definitions. ‘Standby’ means being on a roster and ready to be ‘called out’ for duty in emergency. Standard Penalty/Provision Variations/Exceptions
View Source
Explanatory Notes and Definitions 
View SourceView Similar (5)

Related to Explanatory Notes and Definitions

  • Scope and Definitions 1. The provisions of this Chapter shall apply to standards, technical regulations, and conformity assessment procedures as defined in the WTO TBT Agreement in so far as they affect trade covered by this Agreement. 2. For the purposes of this Chapter, the definitions used by the WTO TBT Agreement shall apply.

  • Terms and Definitions The terms listed below shall have the respective meaning given them as set forth adjacent to each term.

  • Preamble and Definitions 1.1 The preamble to this Agreement constitutes an integral part of this Agreement, as do the terms of the Plan. 1.2 Unless otherwise defined herein, capitalized terms used herein shall have the meaning ascribed to them in the Plan.

  • Usage and Definitions Capitalized terms used but not defined in this Agreement are defined in Appendix A to the Sale and Servicing Agreement, dated as of , 20 , among Ford Credit Auto Owner Trust 20 - , as Issuer, Ford Credit Auto Receivables Two LLC, as Depositor, and Ford Motor Credit Company LLC, as Servicer. Appendix A also contains usage rules that apply to this Agreement. Appendix A is incorporated by reference into this Agreement.

  • COMMON TERMS AND DEFINITIONS The parties agree to the following terms and definitions, and to those terms and definitions 12 which, for convenience, are set forth elsewhere in the Agreement.