Common use of Authorization and Execution Clause in Contracts

Authorization and Execution. The signing of this Memorandum of Understanding does not constitute a formal undertaking, and as such it simply intends that the signatories shall strive to reach, to the best of their abilities, the goals and objectives stated in this MOU.

Appears in 9 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

Authorization and Execution. The signing of this Memorandum of Understanding does not constitute a formal undertaking, and as such it simply intends that the signatories shall strive to reach, to the best of their abilities, the goals and objectives stated in this MOU.

Appears in 5 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

Authorization and Execution. The signing of this Memorandum of Understanding memorandum does not constitute a formal undertaking, and as such it simply intends that the signatories shall strive to reach, to the best of their abilities, the goals and objectives stated in this the MOU.

Appears in 1 contract

Sources: Memorandum of Understanding

Authorization and Execution. The signing of this Memorandum of Understanding does not constitute a formal undertaking, and as such it simply intends that the signatories shall strive to reach, to the best of their abilities, the goals and objectives stated in this MOU. The Parties understand and acknowledge by reason of signing this MOU that no obligation whatsoever between them shall arise to purchase/sell/lease/develop the subject property until the Development Documents have been fully executed and delivered.

Appears in 1 contract

Sources: Joint Powers Agreement

Authorization and Execution. The signing of this Memorandum of Understanding does not constitute a formal undertaking, and as such such, it simply intends that the signatories shall strive to reach, to the best of their abilities, the goals and objectives stated in this MOU.

Appears in 1 contract

Sources: Memorandum of Understanding

Authorization and Execution. The signing of this Memorandum of Understanding does not constitute a formal undertaking, and as such it simply intends that the signatories shall strive to reach, to the best of their abilities, the goals and objectives stated in this MOU. This Agreement shall be signed by all parties shall be effective as of the date first written above.

Appears in 1 contract

Sources: Memorandum of Understanding