(c) Each Party agrees to cooperate in the spirit of mutual understanding and goodwill in order to develop the Parties' relationships with one another and in order to pursue the Purpose. (b) The Parties each hereby acknowledge and agree that they may be both the receiving party in relation to some Confidential Information ("Receiving Party"), and the disclosing party in relation to some other Confidential Information ("Disclosing Party"), and that the terms of this Memorandum may apply to a Party as both a Receiving Party and as a Disclosing Party, as the context so provides. (b) The Project has the following purpose ("the Purpose"): (a) The Parties hereby acknowledge and agree that: (I) The terms of this Memorandum are intended to be legally binding on the Parties hereto. (III) the Receiving Party shall not release the Confidential Information to any other party, unless that other party is an advisor who is under a duty of confidentiality, is assisting with the Project, and needs to have the Confidential Information in order to assist with the Project. (a) In connection with each Party's participation in the Project, each Party respectively may generate, create, contribute to, write or produce intellectual property ("Project Intellectual Property"). After inputting all the information, ask all the parties involved to sign. Any invalid or unenforceable provision of this MOU shall be replaced with a provision that is valid and enforceable and most nearly gives effect to the original intent of the invalid / unenforceable provision. Balbec Capital LP, together with its affiliate entities, is a global private investment firm with expertise in sourcing, acquiring and managing distressed credit investments. Remember that this document is nonbinding and may involve two parties or more. Each Party ("Indemnifying Party") hereby agrees to indemnify and hold the other Party harmless from all damages, costs, attorney's fees or other losses arising out of or relating to: (a) breach of this MOU by the Indemnifying Party; (b) breach of any representation or warranty by the Indemnifying Party. The Parties are interested in working together in connection with the Purpose which is described in this Memorandum. This document is your template for producing a project charter, a mandatory National Project Management System (NPMS) deliverable. As mentioned above, a Memorandum Of Sale is NOT legally binding, merely written confirmation that a price has been agreed between both the buyer and seller. (f) Each Party's respective obligations of confidentiality under this clause will survive the termination or expiration of this Memorandum and will continue after that Party ceases to participate in the Project. Just the agreement, the template would have a formal layout. Types of memorandum of understanding templates. Customer Alerts. Get the latest information about confirmed scams against Californians and businesses in the State of California, and what you can do if you have been a victim of a scam. (a) Each Party (which, for the purpose of this clause is referred to as the "Representing Party") hereby represents to the other Party that: (I) Upon the signing of this Memorandum, the Representing Party will terminate any discussions or negotiations with any party other than a Party to this Memorandum ("Third Party"), which relate to the Purpose or to the Project ("Third Party Discussions"), in which the Representing Party, or any employee, agent, advisor, contractor or other representative of the Representing Party, may be engaged. You may need to download version 2.0 now from the Chrome Web Store. Property Owners: Local Public Agency Right of Way Acquisition: Manual: Environmental and Transportation Services : Stormwater: Maintenance Stormwater Field Guide Hard copies of this guide are available for a fee at the AASHTO Bookstore. NOW THEREFORE IN CONSIDERATION OF the premises and the mutual covenants set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto covenant and agree as follows: (a) The Parties intend to investigate the prospect of working together and/or to actually work together, on a project which will be referred to as ________ ("the Project"). • This Binding Memorandum of Understanding (hereinafter "Memorandum" or "MOU") is dated this ________. At the end, you will immediately receive the document in Word and PDF formats. Our financial projection template will help you forecast future revenues and expenses by building up from payroll schedules, operating expenses schedules, and sales forecast to the three financial statements. If the MOU is non-binding parties will not be able to enforce the terms contained herein. Boris Nikolayevich Yeltsin (Russian: Борис Николаевич Ельцин, IPA: [bɐˈrʲis nʲɪkɐˈlaɪvʲɪtɕ ˈjelʲtsɨn] (); 1 February 1931 – 23 April 2007) was a Russian and former Soviet politician who served as the first President of Russia from 1991 to 1999. (d) In relation to any Confidential Information: (I) the Receiving Party shall keep the Confidential Information confidential and secret. You can then open the Word document to modify it and reuse it however you wish. (II) While this Memorandum is in effect, the Representing Party will not, directly or indirectly: (A) Engage in any Third Party Discussions; or (B) Invite, encourage, seek or otherwise solicit any Third Party to engage in Third Party Discussions; or (C) Respond to any invitation or solicitation from any Third Party in relation to any Third Party Discussions (except to explicitly reject such invitation or solicitation); or (D) Enter into any agreement, memorandum of understanding, heads of agreement, letter of intent, or other arrangement with any Third Party in relation to any Third Party Discussions (whether legally binding or non-binding). (a) This Memorandum may be amended at any time by agreement between the Parties. However, despite all efforts made by the Parties in good faith, if the Force Majeure Event continues for a period of 90 (ninety) days, either of the Parties shall have the right to terminate this MOU by giving the other Parties a notice of termination in writing. The project details explain the project title, description, objectives, target audience, budget overview, advertising guidelines, and competitors. Nothing in this MOU is intended to grant any rights under any patent, copyright or other intellectual property rights of any Party in favor of the other, nor shall this MOU be construed to grant any Party any rights in or to the other Party's Confidential Information, except the limited right to use such Confidential Information in connection with the Project under this MOU. It summarises the intent of the buyer as well as the seller's terms of sale. B. Welcome to the new Assessing Reform Overview website.The State Tax Commission will be continuously updating this website with information regarding Property Assessing Reform. Founded in 2010, Balbec has invested $5.2 billion in 19 countries, generating returns that are uncorrelated to the capital markets. (II) the Receiving Party shall only use the Confidential Information for the purpose of working in good faith on the Project in accordance with this Memorandum. (d) Unless otherwise expressly agreed between the Parties, in the event that a particular Party generates, creates, contributes to, writes or produces an item of Project Intellectual Property, that Party shall retain any and all intellectual property rights in relation to that item of Project Intellectual Property. In common law systems, personal property may also be called chattels or personalty.In civil law systems, personal property is often called movable property or movables – any property that can be moved from one location to another.. (a) Any dispute(s) arising out of this MOU shall, as far as possible, be settled amicably between the Parties hereto failing which the following shall apply: (b) The courts in ________ shall have exclusive jurisdiction over any dispute, differences or claims arising out of this MOU. prenuptial agreement or a scale of property. (a) Notwithstanding the non-binding nature of this Memorandum, the Parties will act in good faith and will use their best endeavours to achieve the Purpose and to give effect to the terms of this Memorandum. George Town is the capital city of the Malaysian state of Penang.George Town is Malaysia's third most populous city with 708,127 inhabitants as of 2010, while Greater Penang is the nation's second largest conurbation in the country after Greater Kuala Lumpur with a population of 2,412,616. (III) intellectual property, whether the Party generates, creates, contributes to, writes or produces that intellectual property: (A) directly, indirectly, independently or in cooperation or conjunction with another person or persons; and.