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.
Collin Texas Conflict of Terms refers to a legal term that signifies a situation where there is a conflict or ambiguity in the terms of a contract or agreement specific to Collin County, Texas. This often occurs when there is disagreement or uncertainty regarding the language or provisions within a contract, leading to potential legal disputes. In Collin County, Texas, there are several types of conflicts of terms that commonly arise: 1. Ambiguity in Contract Language: This type of conflict occurs when the terms of a contract are unclear or open to multiple interpretations. It often leads to disputes between the parties involved as each interpretation may result in different rights, obligations, or outcomes. 2. Contradictory Provisions: When different sections or terms within a contract contradict each other, this conflict arises. This can happen due to oversight or incomplete review during the drafting of the agreement, leading to confusion and disagreement. 3. Inconsistencies with Applicable Laws: Sometimes, the terms of a contract may conflict with existing state or federal laws. When the agreement contradicts or goes against established legal principles, it can create a conflict that requires legal resolution. 4. Conflicting Interpretations: Parties involved in a contract may have different interpretations of certain terms or provisions. These conflicting interpretations can lead to disagreements and potential conflicts, requiring intervention from a court or arbitrator to determine the correct meaning. Resolving Collin Texas Conflict of Terms often involves a careful analysis of the contract language, surrounding circumstances, and relevant legal precedents. Typically, parties attempt to negotiate a resolution or seek legal guidance to determine the appropriate course of action. Mediation, arbitration, or litigation might be pursued to resolve the conflicts and protect the rights and interests of each party. In conclusion, Collin Texas Conflict of Terms refers to situations where there is a discrepancy, ambiguity, or contradiction within the terms of a contract specific to Collin County, Texas. Dealing with such conflicts requires careful interpretation, negotiation, and potentially legal intervention to resolve disputes satisfactorily.
