Interpretation of Standards Sample Clauses

Interpretation of Standards. The parties acknowledge that this Pooling Agreement and the other Transaction Documents contain many determinations, standards and measurements which must be made or applied by the Transferor and the Servicer in the process of performing their obligations under this Agreement and the other Transaction Documents, including the determination of whether Receivables constitute Eligible Receivables, when or whether Dilutions, Write-offs or Early Amortization Events have occurred, and many other matters. The Transferor and the Servicer shall make or apply such determinations, standards and measurements in good faith and using reasonable judgment, and the Transferor and the Servicer shall bear the burden of proof in any dispute with the Trustee or any Required Person regarding any such determinations, standards or measurements.
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Interpretation of Standards. PHI has sole discretion in interpreting the standards set forth in the Manual.
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Interpretation of Standards. This page intentionally left blank eXHIBIt “A” LABoRAtoRy LetteR on oVeRtIMe DIstRIBUtIon to Be sent By DIVIsIon sUPeRIntenDents to sUPeRVIsoRs Supervisors will offer overtime that is to occur on a prearranged schedule to the low man on the overtime list for the classification in question. In the event of an exception to the foregoing, the Supervisor must then receive approval from the Division Superintendent. It is understood that the above has been agreed by the parties to also apply to the replacement of an Air Conditioning Engineer for absence on a shift wherever practical. It is further understood that the above does not su- persede the agreement of January 27, 1998, concerning assignment of overtime. eXHIBIt “B”
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Related to Interpretation of Standards

  • Interpretation and Governing Law This Agreement and any dispute arising hereunder shall be governed and interpreted in accordance with the laws of the State of California. This Agreement shall be construed as a whole according to its fair language and common meaning to achieve the objectives and purposes of the parties hereto, and the rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not be employed in interpreting this Agreement, all parties having been represented by counsel in the negotiation and preparation hereof.

  • Interpretation; Governing Law This Agreement shall be construed as a whole and in accordance with its fair meaning and any ambiguities shall not be construed for or against either party. Headings are for convenience only and shall not be used in construing meaning. This Agreement shall be governed and interpreted in accordance with the laws of the State of New York without regard to the conflict of laws principles thereof.

  • Interpretation, etc Any of the terms defined herein may, unless the context otherwise requires, be used in the singular or the plural, depending on the reference. References herein to any Section, Appendix, Schedule or Exhibit shall be to a Section, an Appendix, a Schedule or an Exhibit, as the case may be, hereof unless otherwise specifically provided. The use herein of the word “include” or “including,” when following any general statement, term or matter, shall not be construed to limit such statement, term or matter to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not no limiting language (such as “without limitation” or “but not limited to” or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other items or matters that fall within the broadest possible scope of such general statement, term or matter.

  • Interpretation of Agreement It is understood that the parties hereto intend this Agreement to be interpreted and enforced so as to provide indemnification to Indemnitee to the fullest extent now or hereafter permitted by law.

  • Interpretation and Rules of Construction In this Agreement, except to the extent otherwise provided or that the context otherwise requires:

  • Rules of Interpretation The rules of interpretation specified in Section 1.02 of the Credit Agreement shall be applicable to this Agreement.

  • Principles of Interpretation The following principles of interpretation apply to this Settlement Agreement:

  • Governing Law; Interpretation This Agreement shall be interpreted and enforced under the laws of the Commonwealth of Massachusetts, without regard to conflict of law principles. In the event of any dispute, this Agreement is intended by the parties to be construed as a whole, to be interpreted in accordance with its fair meaning, and not to be construed strictly for or against either you or the Company or the “drafter” of all or any portion of this Agreement.

  • Interpretation of Terms In the provisions herein contained attaching to the Series 7 Preferred Limited Partnership Units:

  • Interpretation; Effect When a reference is made in this Agreement to Sections, Exhibits or Schedules, such reference shall be to a Section of, or Exhibit or Schedule to, this Agreement unless otherwise indicated. The table of contents and headings contained in this Agreement are for reference purposes only and are not part of this Agreement. Whenever the words “include”, “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation.”

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