OPERATIVE PROVISIONS Clause Samples
The "Operative Provisions" clause defines the main terms and conditions that govern the agreement between the parties. It typically outlines the specific rights, obligations, and duties that each party must follow, such as payment terms, delivery requirements, or performance standards. By clearly setting out these actionable terms, the clause ensures that both parties understand their responsibilities and helps prevent disputes by providing a clear framework for the contract's execution.
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OPERATIVE PROVISIONS. In consideration of the disclosure of Proprietary Information by the Disclosing Party, the Receiving Party hereby agrees: (i) to hold the Proprietary Information in strict confidence and to take all reasonable precautions to protect such Proprietary Information (including, without limitation, all precautions the Receiving Party employs with respect to its own confidential materials), (ii) not to disclose any such Proprietary Information or any information derived therefrom to any third person, (iii) not to make any use whatsoever at any time of such Proprietary Information except to evaluate internally its relationship with the Disclosing Party, and (iv) not to copy or reverse engineer any such Proprietary Information. The Receiving Party shall procure that its employees, agents and sub-contractors to whom Proprietary Information is disclosed or who have access to Proprietary Information sign a nondisclosure or similar agreement in content substantially similar to this Agreement
OPERATIVE PROVISIONS. IT IS AGREED as follows:
OPERATIVE PROVISIONS. In this Agreement words and expressions which are defined in the General Conditions of Contract shall have the same meanings as are respectively assigned to them in the General Conditions of Contract.
OPERATIVE PROVISIONS. The parties have agreed as follow: 1 Unless defined differently in this Agreement, all defined terms used shall have the meaning given to them in the Contract.
OPERATIVE PROVISIONS. All defined terms in this Agreement have the same meaning as in the Contract, unless stated otherwise.
OPERATIVE PROVISIONS. In consideration of the promises and covenants contained herein, the parties agree as follows:
OPERATIVE PROVISIONS. Gross Salary in this context, means the gross annual income of the Employee on which Additional Entitlements are based before this Agreement is entered into and before any other salary sacrifice arrangements that may already be in existence before this Agreement is entered into.
OPERATIVE PROVISIONS. Part 1 – Preliminary
OPERATIVE PROVISIONS. In consideration of the mutual promises contained in this Contract, the parties agree as follows:
OPERATIVE PROVISIONS. The Parties have agreed as follow:
