USAGE AND DEFINITIONS 1 Clause Samples

The "Usage and Definitions" clause establishes the specific meanings of key terms and phrases used throughout the agreement. It typically lists important words or expressions and provides precise definitions to ensure all parties interpret them consistently. For example, it may clarify what is meant by terms like "services," "deliverables," or "confidential information" as they appear in the contract. This clause is essential for preventing misunderstandings and disputes by ensuring that contractual language is clear and unambiguous.
USAGE AND DEFINITIONS 1. Section 1.1 Usage and Definitions 1 Section 1.2 Incorporation by Reference of Trust Indenture Act 17 ARTICLE II THE NOTES 17 Section 2.1 Form of Notes 17 Section 2.2 Execution, Authentication and Delivery 17 Section 2.3 Tax Treatment 18 Section 2.4 Note Register 18 Section 2.5 Registration of Transfer and Exchange 19 Section 2.6 [Reserved] 20 Section 2.7 Mutilated, Destroyed, Lost or Stolen Notes 20 Section 2.8 Persons Deemed Owners 21 Section 2.9 Payments on Notes 21 Section 2.10 Cancellation of Notes 22 Section 2.11 Release of Series 2023-2 Collateral 22 Section 2.12 Book-Entry Notes 23 Section 2.13 Definitive Notes 23 Section 2.14 Authenticating Agents 24 Section 2.15 Note Paying Agents 24 ARTICLE III COVENANTS, REPRESENTATIONS AND WARRANTIES 25 Section 3.1 Payment of Principal, Interest and Other Amounts 25 Section 3.2 Maintenance of Office or Agency 25 Section 3.3 Money for Payments To Be Held in Trust 25 Section 3.4 Existence 27 Section 3.5 Protection of Collateral 27 Section 3.6 Performance of Obligations 28 Section 3.7 Negative Covenants 28 Section 3.8 Opinions on Collateral 29 Section 3.9 Annual Certificate of Compliance 29 Section 3.10 Successor or Transferee 29 Section 3.11 Further Acts and Documents 30 Section 3.12 Review of Trust’s Records 30 Section 3.13 Trust’s Representations and Warranties 30
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USAGE AND DEFINITIONS 1. Usage and Definitions Capitalized terms used but not otherwise defined in this Agreement are defined in Appendix A to the Sale and Servicing Agreement 1
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Related to USAGE AND DEFINITIONS 1

  • Usage and Definitions Capitalized terms used but not defined in this Agreement are defined in Appendix A to the Sale and Servicing Agreement, dated as of , 20 , among Ford Credit Auto Owner Trust 20 - , as Issuer, Ford Credit Auto Receivables Two LLC, as Depositor, and Ford Motor Credit Company LLC, as Servicer. Appendix A also contains usage rules that apply to this Agreement. Appendix A is incorporated by reference into this Agreement.

  • COVERAGE AND DEFINITIONS THIS AGREEMENT shall apply to and cover the construction, installation, treating, reconditioning, taking-up, re-bevelling, re-laying, relocating, stockpiling, double- jointing or testing of all distribution pipelines or any segments thereof, including marine pipelines, transporting gas, oil, vapours, liquids, slurries, solids, or other transportable materials and underground and marine cables and all work incidental thereto and an integral part thereof coming within the jurisdiction of the Union, contracted for or performed by the Employer within Canada as such work is more fully described below. By mutual agreement this contract may be extended to cover other territory.

  • Scope and Definitions 1. The provisions of this Chapter shall apply to standards, technical regulations, and conformity assessment procedures as defined in the WTO TBT Agreement in so far as they affect trade covered by this Agreement. 2. For the purposes of this Chapter, the definitions used by the WTO TBT Agreement shall apply.

  • Purpose and Definitions 1. The purpose of this Chapter is to promote the objectives of this Agreement by simplifying customs procedures in relation to bilateral trade between the Parties. 2. For the purposes of this Chapter:

  • Name and Definitions Section 1. Name. The name of the Trust is "VANGUARD BOND INDEX FUNDS" and the Trustees shall conduct the business of the Trust under that name or any other name as they may from time to time determine. If the Trustees determine to change the name of the Trust, they may adopt such other name for the Trust as they deem proper. Any name change shall become effective upon approval by the Trustees of such change and the filing of a certificate of amendment under the Delaware Act. Any such action shall have the status of an amendment to this Declaration of Trust.