Industry Terms Clause Samples
The 'Industry Terms' clause defines the specific terminology, standards, or practices that are recognized and accepted within a particular industry for the purposes of the agreement. This clause typically clarifies that any technical terms, abbreviations, or customary procedures referenced in the contract should be interpreted according to their established industry meanings. By doing so, it helps prevent misunderstandings or disputes over the interpretation of specialized language, ensuring that both parties have a common understanding of key concepts and expectations relevant to their field.
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Industry Terms. Words having well-known technical or trade meanings shall be so construed, and all listings of items shall not be taken to be exclusive, but shall include other items, whether similar or dissimilar to those listed, as the context reasonably requires.
Industry Terms. Technical or industry specific phrases or words not otherwise defined in this EPA have the well-known meaning given to those terms as of the date of this EPA in the industry or trade in which they are applied or used.
Industry Terms. Terms defined or used in the 2020 Zespri Supply Agreement have the same meaning in this agreement. The 2020 Zespri Supply Agreement will be available for viewing at Trevelyan’s Pack and Cool Ltd or Zespri’s website ▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇ once completed.
Industry Terms. Words having well-known technical or trade meanings shall be so construed.
Industry Terms. The parties intend that words having well-known technical or trade meanings shall be accorded such meaning, unless expressly defined otherwise.
Industry Terms. Unless expressly defined herein, words having well-known technical or trade meanings within the telecommunication industry in Canada shall be construed according to Good Industry Practices.
Industry Terms. Words having well-known technical or trade meanings shall be so construed, as the context reasonably requires.
Industry Terms. Words having well-known technical or trade meaning shall be so construed. The listing of items shall not be taken to be exclusive, but shall include other items, whether similar or dissimilar to those listed, as the context reasonably requires.
Industry Terms. In resolving any ambiguity, words having well-known technical or trade meanings within the context of municipal construction or the telecommunications industry shall be so construed.
Industry Terms. Any words or phrases in the Subcontract Documents that have well-known technical, trade or construction industry meanings unless otherwise specifically defined in this Agreement, shall be interpreted in accordance with their well-known meanings and in accordance with Section 12.11 herein.