Definitions in Agreement Clause Samples
The Definitions clause in an agreement establishes the precise meanings of key terms used throughout the contract. It typically lists important words or phrases and assigns each a specific definition, ensuring that all parties interpret these terms consistently; for example, it might clarify whether "business day" excludes public holidays or weekends. By providing clear and uniform interpretations, this clause eliminates ambiguity and reduces the risk of misunderstandings or disputes over terminology.
Definitions in Agreement. For purposes of this Agreement, certain words and phrases have the following definitions:
Definitions in Agreement. Capitalized terms used in this Amendment, to the extent not otherwise defined herein, shall have the same meanings as set forth in the Credit Agreement; without limiting the foregoing, the following terms are defined in the Credit Agreement: “Agent,” “Collateral Agent,” “Credit Agreement Obligations,” “Intercreditor Agreement,” “KMG-Bernuth,” “KMG ECI,” “Loan Documents,” and “Revolving Loan”.
Definitions in Agreement. Capitalized terms used in this Amendment, to the extent not otherwise defined herein, shall have the same meanings as set forth in the Credit Agreement; without limiting the foregoing, the following terms are defined in the Credit Agreement: “Agent,” “Borrowing Base,” “Collateral Agent,” “Collateral Report,” “Credit Agreement Obligations,” “Eligible Assignee,” “Intercreditor Agreement,” “KMG-Bernuth,” “KMG ECI,” “Loan Documents,” “Prudential Term Note,” “Revolving Loan,” “Term Loan Commitment,” “Term Loans,” and “Term Notes”.
Definitions in Agreement. The following terms are defined in the corresponding sections or exhibits of the Agreement: Ad Co-op Section 7.7 Ad Fee Section 2.2 Ad Program Section 7.1 Agreement Introductory Paragraph Annual Convention Section 8.4 Assets Section 13.5 Effective Date Introductory Paragraph Franchised Business Section 1.1 Franchisee Introductory Paragraph Franchisor Introductory Paragraph Heirs Section 14.2 Incapacity Notice Section 14.2 Initial Fee Section 2.1 Initial Marketing Fee Section 7.4 Initial Training Section 8.1 Location Exhibit B Monthly Report Section 9.1 Operations Manager Section 4.7 Royalty Section 2.2 Successor Notice Section 11.2 Term Section 11.1 18.2. In addition, the definitions below will apply to the following terms used in this Agreement.
Definitions in Agreement. Capitalized terms used in this Amendment, to the extent not otherwise defined herein, shall have the same meanings as set forth in the Agreement.
Definitions in Agreement. The following terms are defined in the indicated sections:
Definitions in Agreement. Throughout this Agreement, each of the following terms shall have the meaning set forth opposite said term unless the context clearly otherwise requires: