Subject to Section 17 Clause Samples
The "Subject to Section 17" clause establishes that the provisions being discussed are governed or limited by the terms set out in Section 17 of the agreement. In practice, this means that if there is any conflict or overlap between the current section and Section 17, the terms of Section 17 will take precedence. For example, if Section 17 contains specific rules about liability or exceptions, those rules will override any general statements made elsewhere. This clause ensures consistency and clarity by directing parties to the controlling section, thereby preventing contradictions and resolving potential disputes over which terms apply.
Subject to Section 17. 3.5, the Lease Guaranty is a continuing guaranty and shall remain in effect until all of the Guaranteed Obligations shall have been irrevocably paid in full in cash in accordance with the terms of the Lease.
Subject to Section 17. 13, upon the occurrence and during the continuance of an Event of Default, the unpaid principal of the Loan shall bear interest at the rate of 18% per annum.
