Reasonable Interpretation Sample Clauses

Reasonable Interpretation. The obligations of MSRC and Covered Entity under this Section 3.06 are not intended to hold the parties to a standard that would be unreasonable under the actual conditions of a particular Discharge or threat of Discharge and the inherent difficulties and danger of emergency response. All MSRC and Covered Entity actions carried out consistently with the directions of the FOSC or SOSC, or with approval of applicable safety officials, will be deemed to be in compliance with this Section 3.06.
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Reasonable Interpretation. BY HOLDER. Holder shall have the right disburse all or any portion of the ▇▇▇▇▇▇▇ Money upon a reasonable interpretation of this Agreement by the Holder. Prior to disbursing ▇▇▇▇▇▇▇ Money pursuant to a reasonable interpretation of this agreement, holder shall give all parties fifteen days notice, stating to whom the disbursement will be made. Any party may object in writing to the disbursement, provided the objection is received by Holder prior to the end of the fifteen-day notice period. All objections not raised in a timely manner shall be waived. In the event a timely objection is made, Holder shall consider the objection and shall do any or a combination of the following: (i) hold the ▇▇▇▇▇▇▇ Money for a reasonable period of time to give the parties the opportunity to resolve the dispute; (ii) disburse the ▇▇▇▇▇▇▇ Money and so notify all parties; and/ or (iii) interplead the ▇▇▇▇▇▇▇ Money into a court of competent jurisdiction. Holder shall be reimbursed for and may deduct from any funds interpleaded its costs and expenses, including reasonable attorney's fees. The prevailing party in the interpleader action shall be entitled to collect form the other party the costs and expenses reimbursed to Holder, and upon payment of such funds into the court registry, Holder shall be released from all further liability in connection with the funds delivered.
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Reasonable Interpretation. The obligations of MSRC and the COMPANY under this Section
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Reasonable Interpretation. Each of the Parties acknowledges that this Agreement has been negotiated at arm’s length among persons knowledgeable in the matters herein. Accordingly, any rule of law—including without limitation California Civil Code § 1654, or any other statutes, legal decisions, or common law principles of similar effect—that would require interpretation of any ambiguities in this Agreement against the Party that has drafted it, is of no application and hereby is expressly waived. This Agreement and its provisions shall be interpreted in a reasonable manner to effect the Parties’ intentions.
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Related to Reasonable Interpretation

  • Interpretation; Knowledge 46 8.4 Counterparts.......................................................................................47 8.5 Entire Agreement; Third Party Beneficiaries........................................................47 8.6 Severability.......................................................................................47 8.7 Other Remedies; Specific Performance...............................................................47 8.8

  • Interpretation, etc Any of the terms defined herein may, unless the context otherwise requires, be used in the singular or the plural, depending on the reference. References herein to any Section, Appendix, Schedule or Exhibit shall be to a Section, an Appendix, a Schedule or an Exhibit, as the case may be, hereof unless otherwise specifically provided. The use herein of the word “include” or “including,” when following any general statement, term or matter, shall not be construed to limit such statement, term or matter to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not no limiting language (such as “without limitation” or “but not limited to” or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other items or matters that fall within the broadest possible scope of such general statement, term or matter.

  • 2Interpretation The interpretation and construction of the Contract shall be subject to the following provisions:

  • Integration; Interpretation The Loan Documents contain or expressly incorporate by reference the entire agreement of the parties with respect to the matters contemplated therein and supersede all prior negotiations or agreements, written or oral. The Loan Documents shall not be modified except by written instrument executed by all parties. Any reference to the Loan Documents includes any amendments, renewals or extensions now or hereafter approved by Lender in writing.

  • Contract Interpretation This Agreement is the joint product of each Investor and the Company and each provision hereof has been subject to the mutual consultation, negotiation and agreement of such parties and shall not be construed for or against any party hereto.