09Agreements Clause Samples
The '09Agreements' clause defines the rules and requirements for entering into, modifying, or terminating agreements between the parties involved. It typically outlines the formalities necessary for an agreement to be valid, such as requiring written documentation or signatures, and may specify who within each organization has the authority to make binding commitments. This clause ensures that all parties are clear on how agreements are formed and changed, thereby reducing the risk of misunderstandings or unauthorized commitments.
09Agreements. No Company is a party to or has violated any agreement, instrument or other document to which it is a party, or is subject to any corporate or other constitutional restriction, or any restriction (including under its Organizational Documents) to which it is subject, that has resulted, or would reasonably be expected to result, in a Material Adverse Effect.