Agreement in Principle. A copy of the agreement in principle is enclosed. Your attention is drawn to –
Agreement in Principle. This MOU sets forth an agreement in principle among the undersigned concerning the terms and conditions of Federal assistance to be provided by the Department for the transportation projects described herein. This MOU represents solely the intent of the parties (including, without limitation, the intent of the Department to allocate funds as set forth in Section 4(a) below), and no party shall be legally bound hereby. Any agreement between the Department and the Urban Partner concerning funding of the transportation projects described herein shall be set forth in a grant agreement (or a series of grant agreements) (the “Grant Agreements”) to be negotiated and executed by the parties to this MOU. The Department reserves the right, in its discretion, not to fund the transportation projects (or any part thereof) described in this MOU or otherwise set forth in the application filed by the Urban Partner to the Urban Partnership Program.
Agreement in Principle. This Agreement in Principle (also referred to as “Agreement” hereafter) reflects: • the current understanding and intentions of Canada, British Columbia and UBCM; • the understanding that the Parties intend to execute a legally binding final contribution agreement once that agreement is finalized as promptly as possible; • that all Parties, as appropriate, will need to refer such finalized agreement to their respective authorities for review, approval and mandate to sign a final legally binding contribution agreement; • that Parliamentary approval will be required before funding is available and may be disbursed; and, • that nothing in this Agreement precludes the Parties from including additional elements to a final contribution agreement. The Parties agree that in the case of a discrepancy between this section and any other portion of this Agreement, this section shall prevail.
Agreement in Principle. Except for Paragraph 3 hereof, this Agreement is only a conceptual overview of the recapitalization of Malibu and the other matters discussed herein. Additional reasonable details regarding such transactions (consistent with the terms of this Agreement) will be agreed upon by the parties and reflected in the final documentation.
Agreement in Principle. 15.1 An Agreement-in-Principle reflects the agreements reached on the substantive issues for negotiation. It is the basis for the negotiation of the Final Agreement and will include agreement on ratification procedures.
Agreement in Principle. PTSC and AIC entered into the Agreement in Principle, dated as of November 27, 2002 ("Agreement in Principle"), to settle all outstanding issues between them and their respective Affiliates with respect to, among other things, (i) the Delaware Action, (ii) the New York Action and (iii) the California Action. In connection with the Agreement in Principle, the New York Action has been stayed and the trial date in respect of the Delaware Action has been postponed until March 3, 2003.
Agreement in Principle. The parties hereto understand and agree that, except as set forth in the last sentence of this paragraph, this Agreement in Principle constitutes only a statement of mutual intentions with respect to the Investment, does not constitute an obligation binding on each side and does not contain all matters upon which agreement must be reached for the Investment to be consummated. A binding commitment with respect to the Investment will result only from the execution of the Definitive Agreement, subject to the conditions expressed therein. Notwithstanding the two preceding sentences of this paragraph, the provisions of paragraphs 2 through 9 (inclusive) and paragraph 11 are agreed to be binding on the parties hereto.
Agreement in Principle. To avoid the burdens and expenses of further investigation and potential enforcement action, DOJ and KCSO (the “Parties”) commit to continue working together in good faith to reach a Memorandum of Agreement to resolve the allegations set forth in this matter. This Agreement in Principle reflects the Parties’ commitment to finalizing the Memorandum of Agreement.
Agreement in Principle. 2.1 Maungaharuru-Tangitu Incorporated and the Crown agree –
Agreement in Principle. The Employer agrees to take all reasonable steps so that an employee shall not lose employment because of a change in procedure or type of service offered, or because of technological change. Every reasonable effort will be made by the Employer to utilize normal turnover of employees, to the extent that it arises during the period in which changes occur, to absorb employees displaced because of such change or changes. However, when necessary to reduce staff, it will be done as outlined in Article 13 of this Agreement. The Employer will notify the union at least three (3) months in advance of a projected technological change. An employee who is laid off due to technological change will receive three (3) month’s notice of layoff or three (3) month’s severance pay in lieu thereof.
