This is simply a short statement that states that, in the event of a conflict between the provisions of one Article and the terms and conditions contained in prior Articles provided for in the Agreement, the parties agree that the provisions of a designated Article shall prevail.
Nebraska Conflict of Terms refers to a legal concept that arises when there is a dispute or ambiguity between different terms or provisions within a contract, statute, or legal document in the state of Nebraska. It occurs when the language used in two or more provisions of a document contradict each other or create confusion regarding their interpretation and application. This conflict can occur within various contexts, such as commercial contracts, leases, insurance policies, employment agreements, or legislative statutes. When faced with a conflict of terms, the parties involved may find it challenging to determine the true intention behind the conflicting provisions and how to proceed. The different types of Nebraska Conflict of Terms may include: 1. Internal Conflict: This type of conflict occurs when there is a contradiction or inconsistency within the same document. It could arise due to drafting errors, inadvertent discrepancies, or conflicting provisions that were not adequately addressed during the document's preparation. 2. External Conflict: External conflicts occur when multiple documents or sources are involved, leading to inconsistencies or contradictions between them. For example, a contract might refer to another agreement or incorporate terms from other documents that conflict with the main contract's provisions. 3. Conflict between Documents: This type of conflict arises when there are conflicting terms between two or more separate agreements. It may occur when parties enter into multiple contracts with similar subject, which inadvertently create conflicting obligations or rights. Resolving Nebraska Conflict of Terms requires careful analysis and application of legal principles. The courts aim to interpret conflicting provisions to give effect to the parties' true intent or rely on statutory construction rules if applicable. In some cases, additional factors such as industry customs, trade usage, or the parties' course of dealing may also be considered to determine the parties' intentions. To avoid Nebraska Conflict of Terms, parties can take precautions such as thorough contract drafting, ensuring clear and unambiguous language, and having legal professionals review the documents to identify and address any potential conflicts before the agreement is finalized.Nebraska Conflict of Terms refers to a legal concept that arises when there is a dispute or ambiguity between different terms or provisions within a contract, statute, or legal document in the state of Nebraska. It occurs when the language used in two or more provisions of a document contradict each other or create confusion regarding their interpretation and application. This conflict can occur within various contexts, such as commercial contracts, leases, insurance policies, employment agreements, or legislative statutes. When faced with a conflict of terms, the parties involved may find it challenging to determine the true intention behind the conflicting provisions and how to proceed. The different types of Nebraska Conflict of Terms may include: 1. Internal Conflict: This type of conflict occurs when there is a contradiction or inconsistency within the same document. It could arise due to drafting errors, inadvertent discrepancies, or conflicting provisions that were not adequately addressed during the document's preparation. 2. External Conflict: External conflicts occur when multiple documents or sources are involved, leading to inconsistencies or contradictions between them. For example, a contract might refer to another agreement or incorporate terms from other documents that conflict with the main contract's provisions. 3. Conflict between Documents: This type of conflict arises when there are conflicting terms between two or more separate agreements. It may occur when parties enter into multiple contracts with similar subject, which inadvertently create conflicting obligations or rights. Resolving Nebraska Conflict of Terms requires careful analysis and application of legal principles. The courts aim to interpret conflicting provisions to give effect to the parties' true intent or rely on statutory construction rules if applicable. In some cases, additional factors such as industry customs, trade usage, or the parties' course of dealing may also be considered to determine the parties' intentions. To avoid Nebraska Conflict of Terms, parties can take precautions such as thorough contract drafting, ensuring clear and unambiguous language, and having legal professionals review the documents to identify and address any potential conflicts before the agreement is finalized.
