Definitions and interpretation, standard clause set
A single format from the Definitions, Interpretation and Recitals pack. clause 1 of a commercial agreement.
- 3 pages
- 7
- Word and PDF
- 14 September 2026
What it covers
- 1Definitions and interpretation, standard clause setclause 1 of a commercial agreement
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The first part of the format, as it downloads. Blanks are highlighted.
1. DEFINITIONS AND INTERPRETATION
1.1 Definitions. In this Agreement, unless the context otherwise requires:
“Affiliate” means, in relation to a Party, any person which directly or indirectly Controls, is Controlled by, or is under common Control with, that Party, and in relation to an individual includes a relative as defined in s.2(77) of the Companies Act 2013;
“Applicable Law” means every statute, ordinance, rule, regulation, bye-law, notification, circular, direction, guideline, policy, order, judgment, decree or award of any Governmental Authority, in each case having the force of law and in force from time to time in any jurisdiction in which a Party performs its obligations under this Agreement or in which the Services are received;
“Business Day” means a day other than a Saturday, a Sunday or a day on which scheduled commercial banks are authorised or required to remain closed for normal business in [Mumbai];
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