Statutory References Provision Sample Clauses
A Statutory References Provision defines how references to laws, statutes, or regulations within a contract should be interpreted. Typically, this clause clarifies whether such references include future amendments, re-enactments, or replacements of the cited laws. For example, if a contract refers to a specific section of a tax code, this provision ensures that the reference remains valid even if the law is updated or renumbered. Its core function is to maintain clarity and consistency in contractual obligations despite changes in the legal framework, thereby reducing the risk of disputes over outdated or ambiguous legal references.
Statutory References Provision. In this Agreement, unless indicated otherwise a reference to provision of the Bankruptcy Code, Code, ERISA, 1940 Act or the UCC or any other statutory provision or legislative enactment is to that provision or enactment as amended or re-enacted and includes any amendments made to that provision that are in force at that date, any statutory provision of which it is a re-enactment or consolidation and any order, instrument or regulation made or issued under it.
Statutory References Provision. In this UK Sale Agreement, unless indicated otherwise, a reference to any statutory provision or legislative enactment is to that provision or enactment as amended or re-enacted and includes any amendments made to that provision that are in force at that date, any statutory provision of which it is a re-enactment or consolidation and any order, instrument or regulation made or issued under it.