Variations Between Agreements Clause Samples
The "Variations Between Agreements" clause defines how differences or inconsistencies between multiple related contracts or agreements are to be handled. Typically, this clause specifies which document takes precedence if there is a conflict, or outlines a process for resolving discrepancies. For example, if a master agreement and a schedule contain conflicting terms, the clause may state that the master agreement prevails. Its core function is to ensure clarity and prevent disputes by establishing a clear hierarchy or resolution method for conflicting contractual terms.
Variations Between Agreements. Variations between requirements imposed on the Borrower by this Agreement and the Indenture and requirements imposed on the Borrower by the Regulatory Agreement, the Tax Certificate or the Mortgage shall not excuse or relieve the Borrower from full performance of this Agreement, the Indenture, the Mortgage, the Regulatory Agreement and the Tax Certificate. To the extent there are inconsistencies among said documents, the Regulatory Agreement and the Tax Certificate, as applicable, shall control with respect to maintaining the exclusion from gross income of interest on the Bonds, and the Indenture shall control with respect to all other matters.
Variations Between Agreements. Variations between requirements imposed on the Borrower by this Agreement and the Indenture and requirements imposed on the Borrower by the Regulatory Agreement, the Tax Certificate or the Mortgage shall not excuse or relieve the Borrower from full performance of this Agreement, the Indenture, the Mortgage, the Regulatory Agreement and the Tax Certificate. To the extent there are inconsistencies among said documents, the Regulatory Agreement and the Tax Certificate, as applicable, shall control