This Agreement Override Articles Clause Samples
The "This Agreement Override Articles" clause establishes that the terms of the current agreement take precedence over any conflicting provisions in the articles of incorporation or similar foundational documents of a company. In practice, this means that if there is any inconsistency between what is stated in this agreement and what is found in the company's articles, the terms of the agreement will govern. This clause is essential for ensuring that the parties' negotiated terms are not unintentionally superseded by pre-existing company documents, thereby providing certainty and clarity in the contractual relationship.
POPULAR SAMPLE Copied 2 times
This Agreement Override Articles. The Parties acknowledge that it is their intention that the provisions of this Agreement should override the Articles in the event of inconsistency and each of the Parties agrees to exercise its rights and comply with its obligations with respect to the Project Company in accordance with its obligations under this Agreement. The Parties further agree that if any inconsistency exists between the Articles of Association and this Agreement they will take all action which may be necessary to carry out the intentions of the Parties as expressed in and in accordance with the terms of this Agreement.