Amendments to Correct Typographical Errors Clause Samples
The "Amendments to Correct Typographical Errors" clause allows parties to make changes to a contract specifically to fix spelling, grammar, or formatting mistakes without altering the substantive rights or obligations of either party. Typically, this clause outlines a streamlined process for identifying and correcting such errors, often requiring mutual agreement or simple written notice. Its core function is to ensure the contract accurately reflects the parties' intentions and to prevent minor clerical mistakes from causing confusion or disputes.
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Amendments to Correct Typographical Errors. The following provisions of the Purchase Agreement shall be amended by substituting the term “Issuer” for the term “Company” in each place where it appears: (A) the second sentence of the last paragraph of the definition of “Investments” in Section 1.01 of the Purchase Agreement; (B) the preamble to Section 5.01(m) of the Purchase Agreement; (C) the preamble to Section 6.01(l) of the Purchase Agreement; (D) the second sentence of Section 6.01(bb) of the Purchase Agreement; (E) the first sentence of Section 6.02(e)(3) of the Purchase Agreement; and (F) the last proviso in Section 7.02(c) of the Purchase Agreement.