Agreement Definition In Chemistry

- April 08, 2021

With regard to the interpretation of the treaty, the meaning of the definition (replaced by the defined term) prevails over the defined term (simple and linguistic). Use a term that is concise yet informative. The choice of defined term should preferably reflect what is relevant in order to distinguish it from other defined terms. Briefly maintain defined terms (z.B. wording). Another example: a deposit agreement could relate to the terms set out in the underlying credit contract. This would ensure that the definitions contained in both agreements are exactly the same. If the scope of the collateral is to “follow” the changes, additions and additions to the credit contract, the reference to the contract should not prevent this. Insertion from time to time avoids ambiguities. Terms that are somewhat characteristic of certain types of agreements often receive the same defined term. For example, an asset forr-asset contract is liabilities, receivables, excluded assets, contracts and liabilities. In credit contracts, debt, maturity date, guarantors and majority lenders would be examples.

The advantage of using these defined terms is that an experienced reader immediately understands what is being referred to without having to go to the definition article each time. If there is no such term of art, choose a defined term that will help the reader by reporting what it means. Complications caused by the inclusion of an obligation in the definition are difficult to monitor and a right to compensation or payment is problematic: the definition includes a duty of the licensee, the provision of the contract contains a right of the donor to the contribution of the taker; but what happens if the licensee asks the donor to develop his design (for example. B to meet the requirements of the licensee`s technical designs)? This rule of good practice is important; Let us repeat: never include an obligation, a condition or a guarantee in the definition. These definitions, which refer to other definitions, are often omitted. Do not use adjectives in the body of text to distinguish, describe or restrict certain defined terms of certain terms that fall under the same definition, unless the replacement of the definition by the defined term corresponds fully (and without horses) to the intended meaning of that defined term. 22) The definition of a “contract” (signed) should indicate the title of this contract, its date, the parties and the changes (if applicable). 16) Never accept obligations, conditions or guarantees in a definition. 21) Where a definition must also include a future version, value or change, it must describe the term in question with the words “from time to time.” A legally binding agreement between two or more parties.

For reasons of clarity, this rule of good practice does not apply to the inclusion of the term unfunded in the definition. For a correct example, a circular definition is a term that is defined directly or indirectly by reference to the same term. Circular definitions appear in mixed definitions or when several defined terms are linked. Such a definition will be problematic if the treaty also requires it: the proper way to redefine the definition of the above sample would be to include descriptive language and language.