o Apply Sample Clauses
The "Apply" clause defines the scope and applicability of the agreement or specific provisions within it. Typically, this clause clarifies which parties, transactions, or circumstances are covered by the contract, ensuring that all involved understand when and how the terms are to be enforced. For example, it may specify that the agreement applies only to certain products, services, or geographic regions. Its core function is to eliminate ambiguity about the contract's reach, thereby preventing disputes over whether particular situations or parties are governed by its terms.
o Apply. The Automatic Deferral Effective Date is: (specify date). (Complete (1), (2), and (3). Choose (4) as applicable):
o Apply. For each Plan Year for which the Employer makes a designated CODA contribution under Section 3.02(C), a Participant may elect to receive directly in cash not more than the following portion (or, if less, the Elective Deferral Limit) of his/her proportionate share of that CODA contribution (Choose one of (1) or (2)):
(1) o All or any portion.
(2) o %