Definitions and preface Clause Samples

The 'Definitions and preface' clause establishes the meanings of key terms and sets the context for the agreement. It typically lists important words or phrases used throughout the contract, clarifying their specific interpretations, and may also outline the purpose or background of the agreement. By providing clear definitions and introductory context, this clause ensures that all parties have a shared understanding of the terms, reducing ambiguity and potential disputes over interpretation.
Definitions and preface. In this agreement the following terms shall have the interpretation and meaning written next to them: 1.1 The Real Estate – Parcels 212 and 213 (formerly Parcels 74 and 147) in Block 3695.