Oral and Written Interpretations Clause Samples
The "Oral and Written Interpretations" clause defines how communications and clarifications regarding the contract are to be handled. Typically, it establishes that only written interpretations or modifications are binding, while oral statements or informal explanations do not alter the contract's terms. For example, if a party seeks clarification about a provision, only a formal written response from an authorized representative would be considered valid. This clause ensures that all parties rely on official, documented communications, thereby preventing misunderstandings or disputes arising from informal or unofficial statements.
Oral and Written Interpretations. Oral or telephone rulings made by Equity are not binding upon Equity or, except with its consent, upon Actors. Written rulings or interpretations of the employment contract or this Agreement must be either approved or given by the President or Executive Director or one of the executives or members of the Legal Department specifically authorized by either of said officers to act, and shall be binding upon Equity only when said persons act within the powers delegated to them by the Council.