Section 13 (Definitions) Clause Samples
Section 13 (Definitions) serves to clearly define key terms and phrases used throughout the agreement. This section typically lists important words or concepts and provides precise meanings for each, ensuring that all parties interpret the language of the contract consistently. By establishing these definitions upfront, the clause eliminates ambiguity and reduces the risk of misunderstandings or disputes over terminology during the contract’s execution.
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Section 13 (Definitions). Removed). The following defined terms set forth in Section 13 are hereby deleted: "Draw Period" and "Maturity Date"
Section 13 (Definitions). The following terms and their respective definitions hereby are added or amended and restated in their entirety in Section 13.1 of the Loan Agreement, as appropriate, as follows:
Section 13 (Definitions). (a) The following definitions are added to the list set forth in Section 13.1 of the Loan Agreement in alphabetical order:
Section 13 (Definitions). Section 13.1 is hereby amended by adding, amending and/or restating the following definitions in their proper alphabetical order, as follows:
Section 13 (Definitions). The following terms and their respective definitions set forth in Section 13.l are amended in their entirety and replaced with the following:
Section 13 (Definitions). Subsection (a) of the defined term “Permitted Indebtedness” set forth in Section 13.1 of the Loan Agreement hereby is amended and restated in its entirety to read as follows:
Section 13 (Definitions). (a) The following terms and their respective definitions as set forth in Section 13.1 of the Loan Agreement are hereby deleted in their entirety and replaced in alphabetical order with the following:
Section 13 (Definitions). The definition of “Eligible Accounts” is amended by (i) deleting subsection (s) in its entirety and inserting the following new subsection (s) in lieu thereof, (ii) deleting “and” at the end of subsection (z), (iii) relettering subsection (aa) as subsection (bb), and (iv) inserting the following new subsection (aa):
Section 13 (Definitions). Clause (e) of the definition of Eligible Accounts is amended in its entirety and replaced with the following:
Section 13 (Definitions). The following provisions appearing as clauses (k)-(m) in the definition of Permitted Liens set forth in Section 13.1 are amended in their entirety and replaced with the following:
