CONSIDERING THE FOLLOWING Clause Samples
The "CONSIDERING THE FOLLOWING" clause serves as a preamble that outlines the background, context, or motivations for entering into the agreement. It typically lists the circumstances, intentions, or facts that have led the parties to formalize their relationship, such as prior negotiations, mutual goals, or relevant legal requirements. By clearly stating these considerations, the clause helps establish a shared understanding of the agreement's purpose and provides context for interpreting the operative provisions, thereby reducing ambiguity and potential disputes over intent.
CONSIDERING THE FOLLOWING. The Borrower conducts a business in the field of [ ].
CONSIDERING THE FOLLOWING. The Borrower and ABN AMRO have entered into a NLG 375,000,000 principal amount Bank Facility Agreement as of January 31, 1996 (the "Bank Facility Agreement");
CONSIDERING THE FOLLOWING. On 5 October 2005 the Bank made an offer to the Security Grantor setting out the terms and conditions based on which the Bank was willing to provide a EUR 500,000 overdraft credit facility to the Security Grantor (the “Overdraft Offer Document”), which offer was accepted by the Security Grantor on 10 October 2005.
CONSIDERING THE FOLLOWING. The objects of the Borrower are to build, maintain and operate a telecommunications infrastructure (including without limitation, cable networks originally designed for the distribution of radio and television programmes ("draadomroepinrichtingen")) and to provide telecommunication services via such infrastructure, including without limitation the distribution of radio and television programmes to subscribers, interactive broadcasting services, multimedia services, data transmission, fax and voice services;
CONSIDERING THE FOLLOWING. The Borrower and ABN AMRO are parties to that certain Bank Facility Agreement dated as of January 31, 1996, as amended by the letter agreement dated as of February 15, 1996 and amendment number one dated July 1, 1997 (collectively the "Original Facility");