Operating Terms Time Limits and General Principles Clause Samples

The "Operating Terms, Time Limits, and General Principles" clause establishes the foundational rules and timelines that govern the execution and interpretation of an agreement. It typically outlines how the contract will be carried out, specifies deadlines for key actions or deliverables, and sets forth overarching principles such as good faith, cooperation, or compliance with laws. By clearly defining these operational parameters, the clause ensures that all parties understand their obligations, reduces ambiguity, and helps prevent disputes related to timing or general conduct under the contract.
Operating Terms Time Limits and General Principles 

Related to Operating Terms Time Limits and General Principles

  • General Principles Each Party shall implement its tasks in accordance with the Consortium Plan and shall bear sole responsibility for ensuring that its acts within the Project do not knowingly infringe third party property rights.

  • Definitions Principles of Construction Section 1.1. Definitions 1 Section 1.2. Principles of Construction 16

  • Definitions and Principles of Construction Section 1.1 Defined Terms 1 Section 1.2 Principles of Constructions 1

  • Definitions Rules of Construction In addition to terms otherwise defined herein, the following terms are used herein as defined below:

  • Defined Terms and Rules of Construction Reference is made to the Glossary of Defined Terms and Rules of Construction (as the same may be supplemented, amended or modified, the “Glossary”) attached as Exhibit A to the Indenture. The Glossary is incorporated herein by reference. Capitalized terms used but not otherwise defined herein shall have the respective meanings assigned thereto in the Glossary.