01 Certain Defined Terms Clause Samples
The 'Certain Defined Terms' clause establishes specific meanings for key words and phrases used throughout the contract. It typically lists and explains terms that may have specialized, technical, or non-obvious definitions, ensuring that all parties interpret them consistently. By providing these definitions at the outset, the clause eliminates ambiguity and reduces the risk of misunderstandings or disputes over terminology during the contract's performance.
01 Certain Defined Terms. For purposes of this Agreement:
01 Certain Defined Terms. Certain capitalized terms used throughout this Agreement are defined above or in this Section 1.01.
01 Certain Defined Terms. As used in this Agreement, the following terms shall have the following meanings:
01 Certain Defined Terms. As used herein, the following terms shall have the meanings herein specified unless the context otherwise requires:
01 Certain Defined Terms of the Credit Agreement is hereby further amended by replacing the definition for “Fee Letter” in its entirety with the following:
01 Certain Defined Terms. Section 1.01 of the Credit Agreement is hereby amended as follows:
(i) The defined term “Loan Documents” is deleted in its entirety and replaced with the following:
01 Certain Defined Terms of the Construction Loan Agreement is hereby amended by restating the definition of “Net Sales Price” as follows:
01 Certain Defined Terms of the Credit Agreement is hereby amended by consecutively relettering each of the subsections in the definition of “Customary Permitted Liens” beginning with the first subsection being labeled as “a” and ending with the last subsection being labeled as “m.”
01 Certain Defined Terms. Capitalized terms used but not otherwise defined herein have the meanings set forth in the Credit Agreement or, if defined in the New York UCC, the meanings specified therein. As used in this Agreement, the following terms have the meanings specified below: “Additional First-Lien Collateral Agent” means (x) for so long as the Initial Additional First-Lien Obligations are the only Series of Additional First-Lien Obligations, the Initial Additional Authorized Representative and (y) thereafter, the Major Non-Controlling Authorized Representative. “Additional First-Lien Documents” means, with respect to the Initial Additional First-Lien Obligations or any Series of Additional Senior Class Debt, the notes, indentures, credit agreements, security documents and other operative agreements evidencing or governing such indebtedness and liens securing such indebtedness, including the Initial Additional First-Lien Documents and the Additional First-Lien Security Documents and each other agreement entered into for the purpose of securing the Initial Additional First-Lien Obligations or any Series of Additional Senior Class Debt; provided that, in each case, the Indebtedness thereunder (other than the Initial Additional First-Lien Obligations) has been designated as Additional First-Lien Obligations pursuant to Section 5.13 hereto. “Additional First-Lien Obligations” means all amounts owing pursuant to the terms of any Additional First-Lien Document (including the Initial Additional First-Lien Documents), including, without limitation, all amounts in respect of any principal, premium, interest (including any interest accruing subsequent to the commencement of a Bankruptcy Case at the rate provided for in the respective Additional First-Lien Document, whether or not such interest is an allowed claim under any such proceeding or under applicable state, federal or foreign law), penalties, fees, expenses, indemnifications, reimbursements, damages and other liabilities, and guarantees of the foregoing amounts. “Additional First-Lien Secured Party” means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties. “Additional First-Lien Security Documents” means any collateral agreement, security agreement and any other document now existing or entered into after the date hereof that create Liens on any assets or properties of any Grantor to secure the Addition...
01 Certain Defined Terms. As used in this Agreement, the following terms shall have the following meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined): “Account Control Agreement” means each agreement among the Seller, the Servicer (if applicable), the Administrative Agent and a Collection Account Bank, governing the terms of one or more Collection Accounts that provides the Administrative Agent with “control” (within the meaning of the UCC) over such Collection Account(s) each in form and substance satisfactory to Administrative Agent.