Common use of Interpretation Clause in Contracts

Interpretation. Unless a contrary indication appears, any reference in this Loan Agreement to: 1.2.1 the Lender, the Borrower or any party shall be construed so as to include its successors in title, permitted assigns and permitted transferees; 1.2.2 assets includes present and future properties, revenues and rights of every description; 1.2.3 this Loan Agreement or any other agreement or instrument is a reference to that Loan Agreement or other agreement or instrument as amended, novated, supplemented, extended or restated; 1.2.4 indebtedness includes any obligation (whether incurred as principal or as surety) for the payment or repayment of money, whether present or future, actual or contingent; 1.2.5 a person includes any individual, firm, company, corporation, government, state or agency of a state or any organization, institution, association, trust, joint venture, consortium or partnership (whether or not having separate legal personality) and includes one or more of that person's assigns, transferees, successors in title, delegates, sub-delegates and appointees (in the case of a Party, in so far as such assigns, transferees, successors in title, delegates, sub-delegates and appointees are permitted); 1.2.6 a regulation includes any regulation, rule, official directive, request or guideline (whether or not having the force of law) of any governmental, intergovernmental or supranational body, agency, department or regulatory, self-regulatory or other authority or organization; 1.2.7 a provision of law is a reference to that provision as amended or re- enacted; 1.2.8 section, clause and schedule headings are for ease of reference only; 1.2.9 a Default is continuing if it has not been remedied or waived; and 1.2.10 a time of day is a reference to Abu Dhabi time; 1.2.11 including will be construed without limitation; 1.2.12 the headings in this Loan Agreement are for ease of reference only and do not affect its interpretation; and 1.2.13 unless this Loan Agreement expressly provides to the contrary, any obligation of the Borrower under this Loan Agreement which is not a payment obligation remains in force for so long as any payment obligation of the Borrower is outstanding or the Lender is under any obligation to advance a Loan under the Loan Agreement.

Interpretation. Unless a contrary indication appears, any reference in this Loan Agreement to: 1.2.1 the Lender, the Borrower or any party shall be construed so as to include its successors in title, permitted assigns and permitted transferees; 1.2.2 assets includes present and future properties, revenues and rights of every description; 1.2.3 this Loan Agreement or any other agreement or instrument is a reference to that Loan Agreement or other agreement or instrument as amended, novated, supplemented, extended or restated; 1.2.4 indebtedness includes any obligation (whether incurred as principal or as surety) for the payment or repayment of money, whether present or future, actual or contingent; 1.2.5 a person includes any individual, firm, company, corporation, government, state or agency of a state or any organization, institution, association, trust, joint venture, consortium or partnership (whether or not having separate legal personality) and includes one or more of that person's assigns, transferees, successors in title, delegates, sub-delegates and appointees (in the case of a Party, in so far as such assigns, transferees, successors in title, delegates, sub-delegates and appointees are permitted); 1.2.6 a regulation includes any regulation, rule, official directive, request or guideline (whether or not having the force of law) of any governmental, intergovernmental or supranational body, agency, department or regulatory, self-regulatory or other authority or organization; 1.2.7 a provision of law is a reference to that provision as amended or re- re-enacted; 1.2.8 section, clause and schedule headings are for ease of reference only; 1.2.9 a Default is continuing if it has not been remedied or waived; and 1.2.10 a time of day is a reference to Abu Dhabi time; 1.2.11 including will be construed without limitation; 1.2.12 the headings in this Loan Agreement are for ease of reference only and do not affect its interpretation; and 1.2.13 unless this Loan Agreement expressly provides to the contrary, any obligation of the Borrower under this Loan Agreement which is not a payment obligation remains in force for so long as any payment obligation of the Borrower is outstanding or the Lender is under any obligation to advance a Loan under the Loan Agreement.

Interpretation. Unless a contrary indication appears, any reference in this Loan Agreement to: 1.2.1 1.2.1. the Lender, the Borrower Contractor or any party shall be construed so as to include its successors in title, permitted assigns and permitted transferees; 1.2.2 1.2.2. assets includes present and future properties, revenues and rights of every description; 1.2.3 this Loan Agreement 1.2.3. a Finance Document or any other agreement or instrument is a reference to that Loan Agreement Finance Document or other agreement or instrument as amended, novated, supplemented, extended or restated; 1.2.4 1.2.4. indebtedness includes any obligation (whether incurred as principal or as surety) for the payment or repayment of money, whether present or future, actual or contingent; 1.2.5 1.2.5. a person includes means any individual, firm, company, corporation, government, state or agency of a state or any organization, institution, association, trust, joint venture, consortium or partnership (whether or not having separate legal personality) and includes one or more of that person's assigns, transferees, successors in title, delegates, sub-sub- delegates and appointees (in the case of a Party, in so far as such assigns, transferees, successors in title, delegates, sub-delegates and appointees are permitted); 1.2.6 1.2.6. a regulation includes any regulation, rule, official directive, request or guideline (whether or not having the force of law) of any governmental, intergovernmental or supranational body, agency, department or regulatory, self-regulatory or other authority or organizationorganisation; 1.2.7 1.2.7. a provision of law is a reference to that provision as amended or re- enacted; 1.2.8 1.2.8. section, clause and schedule headings are for ease of reference only; 1.2.9 1.2.9. unless a contrary indication appears, a term used in any other Finance Document or in any notice given under or in connection with any Finance Document has the same meaning in that Finance Document or notice as in this Loan Agreement; and 1.2.10. a Potential Event of Default (other than an Event of Default) is continuing if it has not been remedied or waived and an Event of Default is continuing if it has not been remedied or waived; and 1.2.10 a time of day is a reference to Abu Dhabi time; 1.2.11 including will be construed without limitation; 1.2.12 the headings in this Loan Agreement are for ease of reference only and do not affect its interpretation; and 1.2.13 unless this Loan Agreement expressly provides to the contrary, any obligation of the Borrower under this Loan Agreement which is not a payment obligation remains in force for so long as any payment obligation of the Borrower is outstanding or the Lender is under any obligation to advance a Loan under the Loan Agreement.