New Section 36 Clause Samples
The "New Section 36" clause introduces a new provision or section into an existing agreement or legal document. Typically, this clause outlines additional terms, rights, or obligations that were not previously addressed, and it may specify the scope, applicability, and effective date of the new section. For example, it could add new compliance requirements, procedures, or remedies relevant to the parties. The core function of this clause is to formally incorporate new content into the agreement, ensuring that all parties are aware of and bound by the updated terms.
New Section 36. Section 36 is hereby added to the Rights Agreement to read in its entirety as follows:
New Section 36. The following is added as a new Section 36 to the Rights Agreement:
