Binding Memorandum of Understanding Sample Clauses

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Binding Memorandum of Understanding. This MOU is not binding or legally enforceable, imposes no enforceable obligations upon the Parties and does not grant any rights. However, the Parties shall utilize this MOU as the framework for an agreement or agreements (which may include a development agreement, lease agreement and/or other agreements), which will be collectively referred to herein as the “Agreement.” Cubs and the City acknowledge the Agreement will be subject to approval by the Mesa City Council, certain financial aspects of the Agreement may be subject to voter approval under Section 613 of the Mesa City Charter and implementation of the Agreement may be contingent on state legislation being passed by the State of Arizona Legislature and becoming effective within the applicable time frames outlined in this MOU.
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Binding Memorandum of Understanding. No changes in this Memorandum of Understanding or interpretations thereof (except interpretations resulting from Adjustment Board or arbitration proceedings hereunder) will be recognized unless agreed to by the City Manager and the Association.
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Binding Memorandum of Understanding. The terms hereof shall be incorporated into a final definitive purchase agreement referenced in the letter of intent signed herewith. This memorandum of understanding shall constitute a legally binding agreement by Tri-Star and ▇▇. ▇▇▇▇▇▇ to complete the sale of the Assets or the Stock in accordance with the terms hereof subject to the agreement of Tanon, EAI, ▇▇. ▇▇▇▇▇▇ and Tri-Star to negotiate in good faith to complete a definitive purchase and sale agreement. The obligations of Tanon and EAI to complete such purchase shall be contingent upon satisfactory completion of their due diligence review of Tri-Star.
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Binding Memorandum of Understanding. THIS MEMORANDUM OF UNDERSTANDING (this "MOU") is entered into between Novellus Systems, Inc. ("Novellus"), and Applied Materials, Inc. ("Applied"), as of the Effective Date (as defined below), with reference to the following facts:
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Related to Binding Memorandum of Understanding

  • MEMORANDUM OF UNDERSTANDING Re: Nurses Committee

  • Statement of Understanding By executing this Agreement, Employee acknowledges that (a) Employee has had at least twenty-one (21) or forty-five (45) days, as applicable in accordance with the Age Discrimination in Employment Act, as amended, (the “ADEA”) to consider the terms of this Agreement (and any attachment necessary or desirable in accordance with the ADEA) and has considered its terms for such a period of time or has knowingly and voluntarily waived Employee’s right to do so by executing this Agreement and returning it to Company; (b) Employee has been advised by Company to consult with an attorney regarding the terms of this Agreement; (c) Employee has consulted with, or has had sufficient opportunity to consult with, an attorney of Employee’s own choosing regarding the terms of this Agreement; (d) any and all questions regarding the terms of this Agreement have been asked and answered to Employee’s complete satisfaction; (e) Employee has read this Agreement and fully understands its terms and their import; (f) except as provided by this Agreement, Employee has no contractual right or claim to the benefits and payments described herein; (g) the consideration provided for herein is good and valuable; and (h) Employee is entering into this Agreement voluntarily, of Employee’s own free will, and without any coercion, undue influence, threat, or intimidation of any kind or type whatsoever.

  • Binding Agreements This Agreement and the other Financing Documents executed and delivered by the Borrowers have been properly executed and delivered and constitute the valid and legally binding obligations of the Borrowers and are fully enforceable against each of the Borrowers in accordance with their respective terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties, and general principles of equity regardless of whether applied in a proceeding in equity or at law.

  • DISCLOSURE AGREEMENT Contractors and each employee or subcontractor with access to State Data, as defined in the Master Agreement will be required to sign a standard State non-disclosure agreement if there is not already one on file.

  • Power; Binding Agreement Stockholder has the legal capacity, power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Stockholder will not violate any agreement or any court order to which Stockholder is a party or is subject including, without limitation, any voting agreement or voting trust. This Agreement has been duly and validly executed and delivered by Stockholder.