Acknowledgement of Scope Sample Clauses
The Acknowledgement of Scope clause serves to formally confirm that all parties understand and agree to the specific boundaries and limitations of the work or obligations described in the agreement. Typically, this clause outlines what is included and excluded from the project or service, ensuring that both parties have a mutual understanding of deliverables, timelines, and responsibilities. By clearly defining the scope, this clause helps prevent misunderstandings and disputes over what is expected, thereby ensuring clarity and managing expectations throughout the contractual relationship.
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Acknowledgement of Scope. The Employee agrees that, by entering into this Release, the Employee is binding the Employee’s heirs, executors, administrators, insureds and assigns, as well as any and all others acting through or on the Employee’s behalf. The Employee also agrees that the Employee’s release of the Company, set out below, includes a release of the Company’s present and former parent(s), wholly owned or partially owned subsidiaries and affiliates as well as all of their agents, directors, stockholders, officers, employees, representatives, attorneys, divisions and all of their predecessors, successors, heirs, executors, administrators and assigns, in each case in its capacity as listed above (collectively, the “Releasees”).
Acknowledgement of Scope. Landlord and Tenant acknowledge that the Project is comprised of
(i) the acquisition of the Land,
(ii) all design (including architectural and civil) and permitting required to perform the Base Building Work and Shared Infrastructure Work (the Base Building Work and Shared Infrastructure Work being collectively referred to herein as the "Landlord's Work"), and
(iii) the construction of the Landlord's Work.
Acknowledgement of Scope. Executive acknowledges the nature of the ------------------------ Company's business and the nature and scope of the restrictions set forth in this Section 11. Executive acknowledges and represents that the scope of the restrictions are appropriate, necessary and reasonable for the protection of the Company's business, goodwill, and property rights. Executive further acknowledges that the restrictions imposed will not prevent him or her from earning a living in the event of, and after, termination of his or her employment with the Company. It is understood that the value to the Company of agreeing to and abiding by the restrictions set forth in this Section 11 is equal to at least the amount set forth in sub-clause 6(d)(i)(D) above, but it is further understood that (i) the Executive has agreed to abide by such restrictions in consideration of the Company's entering into this Agreement, and (ii) such restrictions shall remain in effect irrespective of whether the Executive becomes entitled to any payments or benefits hereunder.
Acknowledgement of Scope. The Shareholders acknowledge that the restrictions contained in this Section 6.6 are reasonable and necessary to protect the legitimate interests of Purchaser and constitute a material inducement to Purchaser to enter into this Agreement and consummate the transactions contemplated by this Agreement. Without limiting Section 9.5, in the event that any covenant contained in this Section 6.6 should ever be adjudicated to exceed the time, geographic, product or service or other limitations permitted by Legal Requirements in any jurisdiction, then any court is expressly empowered and directed to reform such covenant, and such covenant shall be deemed reformed, in such jurisdiction to the maximum time, geographic, product or service or other limitations permitted by applicable Legal Requirements. The covenants contained in this Section 6.6 and each provision hereof are severable and distinct covenants and provisions. The invalidity or unenforceability of any such covenant or provision as written shall not invalidate or render unenforceable the remaining covenants or provisions hereof, and any such invalidity or unenforceability in any jurisdiction shall not invalidate or render unenforceable such covenant or provision in any other jurisdiction.