Common use of Intent and Interpretation Clause in Contracts

Intent and Interpretation. The parties hereto intend that this Agreement shall constitute, and this Agreement shall be interpreted as, a Time Sharing Agreement as defined in Section 91.501(c)(1) of the FAR. CCS agrees that any guest of Time Share Lessee, regardless of whether such flights is in the scope of or incidental to the business of CCS, shall be deemed to be a guest of CCS for purposes of Section 91.501(b)(6) of the FAR.

Appears in 3 contracts

Sources: Aircraft Time Sharing Agreement (Century Communities, Inc.), Aircraft Time Sharing Agreement (Century Communities, Inc.), Aircraft Time Sharing Agreement (Century Communities, Inc.)