Common use of Interpretation of Contract Clause in Contracts

Interpretation of Contract. This instrument shall constitute the sole agreement between the Member and the BSC. Interpretation of this contract shall be the responsibility of the Administrative Committee. The Administrative Committee is responsible for processing appeals of Members regarding interpretations of this contract, payment of bills, delinquencies, fines, request for refunds, and for interpreting the Administrative Code. The Administrative Committee is composed of BSC members. Actions by the Administrative Committee are subject to approval by, and may be appealable to, the Board of Directors and/or committees established by the Board of Directors to hear such interpretations/appeals. If any section or part of this agreement is deemed illegal or inoperative by operation of law, all other provisions of this agreement shall remain in full force and effect. The Member and the BSC assume that the statements made on this contract are correct and that the signatures hereon are valid.