Interpretation and Glossary Sample Clauses
The INTERPRETATION AND GLOSSARY clause defines how terms and language used throughout the contract should be understood and clarifies the meaning of specific words or phrases. It typically includes a list of defined terms, sets out rules for interpreting the contract (such as how headings or plural words are treated), and may resolve ambiguities in language. This clause ensures that all parties have a shared understanding of key terms and reduces the risk of disputes arising from unclear or inconsistent interpretations.
Interpretation and Glossary. 21.1 Reference in the Contract to:
21.1.1 the singular includes the plural and vice versa, and reference to a gender includes the other gender unless the context otherwise requires; and
21.1.2 a statutory provision includes a reference to that statutory provision as from time to time amended, extended or re- enacted and any regulations made under it.
21.2 The headings in the Contract are for ease of reference only and shall not affect its interpretation.
21.3 The expression person and words importing persons shall include individuals, bodies corporate, unincorporated bodies and associations, partnerships, governmental agencies and authorities or other legal entities.
21.4 Any words following the word(s) including, include, or in particular or any similar expression shall be construed as illustrative and shall not limit the sense of the words preceding those terms.
21.5 Any reference to a Condition is to the relevant paragraph number of these Conditions.
21.6 Words and expressions in bold type shall have the meanings set out below. Activation Quote as defined in Condition 1.2. document regulating that person or any other body corporate. Incident as defined in Condition 15.3. procedure comparable or analogous to any of the foregoing under the laws of any competent jurisdiction; or any steps being taken in preparation for or in contemplation of any of the foregoing. Keyloop Claim any third party claim, or notice of an intention to make a claim, against Keyloop which may reasonably be considered likely to give rise to any Partner liability under Condition 12.3. judgments, demands, fees, injuries, depletions and liabilities (including damages or compensation paid on legal advice to compromise or settle any Claim, and reasonable legal costs or expenses). Partner Claim as defined in Condition 12.4. Renewal Term as defined in Condition 1.
Interpretation and Glossary. 1. Capitalised terms not defined in the Agreement can be found in this section.
2. A capitalised term with an asterix is a term that can be found in the Product Schedule.
3. If there is any conflict between the terms of this Agreement and any Applicable Law, the Applicable Law will prevail.
4. Any reference to a person includes bodies corporate, unincorporated associations, partnerships and individuals.
5. Headings, notes and examples in this Agreement are for reference only and do not affect the construction of the Agreement.
6. In this Agreement any reference to any enactment includes references to any statutory modification or re- enactment of such enactment or to any regulation or order made under such enactment (or under such a modification or re- enactment).
7. The following terms and expressions have, unless the context otherwise requires, the following meanings: ACCOUNT means the account(s) that has been opened by us for you, the Client; ACCOUNT CURRENCY* means the currency selected by you under the Client Agreement and which, in the absence of a selection will be Euro dollars; APPLICATION FORM means the application form and account opening documentation, including documentation required to be returned for the purposes of complying with applicable Anti-Money Laundering legislation, completed by you and submitted to us whether electronically or in hard copy; BULLION* means gold, silver, palladium or platinum; BULLION SPOT CFD* means a CFD whose price is derived from the valuation of a spot priced Underlying Instrument (being Bullion);
Interpretation and Glossary