Definitions and Common Terms Clause Samples
The "Definitions and Common Terms" clause establishes clear meanings for specific words and phrases used throughout the contract. It typically lists key terms and provides precise definitions to ensure all parties interpret the language consistently; for example, it might define what constitutes a "business day" or clarify the meaning of "confidential information." By standardizing terminology, this clause prevents misunderstandings and disputes over ambiguous language, ensuring clarity and mutual understanding in the agreement.
Definitions and Common Terms. 1.1 Whenever used in this Agreement, the words and phrases defined in paragraph 1 (Definitions) of Schedule 1 (Master Definitions Schedule) to the master framework agreement dated on or about the date of this Agreement (as amended and/or restated from time to time) between, among others, the parties hereto shall, unless otherwise defined herein or the context requires otherwise, bear the same meanings herein (including the recitals hereto) and the rules of construction set out in paragraph 2 (Principles of Interpretation and Construction) of that schedule shall govern the interpretation hereof. In addition, whenever used in this Agreement, the following words and phrases shall have the following meanings:
Definitions and Common Terms. The following capitalized terms shall be ascribed the following meaning for the purposes of the Agreement:
Definitions and Common Terms. 13.1 Classified ordinary rate of pay means the rate of pay specified in clauses 14.2 and 15.2 for each employee as classified by clause 14.1 and 15.1 respectively.
Definitions and Common Terms