In plain English
This section fixes what certain words and phrases mean in the agreement. It gives those terms the precise meanings to use throughout the contract.
In context
Here, Definitions denotes the contract section that gives the set meanings for the quoted terms used in the agreement.
- Situation
- Reading agreement sections, parties, dates, signatures, and execution status
- What it communicates
- labels the section that lists and standardizes quoted terms used in the agreement.
Meaning limits
The term by itself does not say which words are defined or what any particular defined meaning is.
Examples
“During the redraft, the lawyer moved 'Affiliate' and 'Closing Date' from the body of the contract into Definitions.”
“Before revising the agreement, check Definitions for the quoted terms.”