Concerning Section 5 Sample Clauses
The 'Concerning Section 5' clause serves to reference, clarify, or modify the terms outlined in Section 5 of the agreement. In practice, this clause may specify how Section 5 should be interpreted, highlight exceptions, or address particular obligations or rights that arise from that section. Its core function is to ensure that any ambiguities or special considerations related to Section 5 are explicitly addressed, thereby promoting clarity and reducing the risk of misunderstandings between the parties.
Concerning Section 5. The Secretary has determined that a deposit of six months interest on the principal amount deposited in the Escrow Fund is not required.
Concerning Section 5. The second sentence of Section 5.02 of Exhibit 1 to this Indenture is amended by inserting immediately following the words "date fixed for each such payment" the words "funds of the type required by the Indenture for such payment and in."
Concerning Section 5. 02. Section 5.02 is revised to read as follows: