Binding Memorandum of Understanding Sample Clauses

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.
Sample 1
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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:
Sample 1
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 Xx. Xxxxxx to complete the sale of the Assets or the Stock in accordance with the terms hereof subject to the agreement of Tanon, EAI, Xx. Xxxxxx 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. If closing does not occur by July 31, 1997 for any reason other than the failure of Tri-Star or Xx. Xxxxxx to fulfill its or his obligations hereunder, Tri-Star may terminate discussions, retain any funds previously paid to it as an advance on the Purchase Price and thereafter all terms and conditions of this letter shall become null and void without recourse to either party. Tanon Manufacturing, Inc. and EA Industries, Inc. _________________________________ By:_________________________ Xxxxxxx X. Xxxxxx, Individually Xxxx Xxxxx and as President of Tri-Star Technologies Co., Inc.
Sample 1
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.
Sample 1

Related to Binding Memorandum of Understanding

  • MEMORANDUM OF UNDERSTANDING Re: Nurses Committee The parties acknowledge that the Registered Nurses’ Union Newfoundland and Labrador (RNUNL) have indicated that they have issues of concern unique to Nurses who live and work in Labrador and that the RNUNL will attempt to address these concerns through a committee which will be established subsequent to these negotiations.

  • 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. HAVING READ AND UNDERSTOOD THIS AGREEMENT, CONSULTED COUNSEL OR VOLUNTARILY ELECTED NOT TO CONSULT COUNSEL, AND HAVING HAD SUFFICIENT TIME TO CONSIDER WHETHER TO ENTER INTO THIS AGREEMENT, THE UNDERSIGNED HEREBY EXECUTE THIS AGREEMENT ON THE DATES SET FORTH BELOW. EMPLOYEE JDA SOFTWARE GROUP, INC. By: Date: Date:

  • 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. SCOPE OF WORK PURPOSE

  • 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.

  • LETTER OF UNDERSTANDING The central parties agree that they shall develop and share regional listings of experts and resources to support their joint obligations in regard to the duty to accommodate. Letter of Understanding: Within 30 days of ratification, the parties agree to meet to prepare a joint letter to the provincial Minister of Health requesting one-time special funding for Hospitals to address the issue of access to supplies and minor equipment and ongoing funding for Quality of Worklife initiatives. Letter of Understanding: Re: Compendium of Standards of Practice Within 30 days of ratification, the Participating Hospitals’ Negotiating Team will recommend to the Hospitals that the Compendium of Standards of Practice for Nurses will be made available and readily accessible to all nurses. In addition, the central parties will make a joint request to the College of Nurses to make the Compendium available on the College’s web-site. Letter of Understanding The central parties will discuss the feasibility of a joint study of grievances that are settled within 1 month of an arbitration hearing, to determine barriers to settlement earlier in the process and to make recommendations to encourage earlier settlements. Letter of Understanding Re: Harassment & Discrimination The local parties will determine the appropriate means of promoting and providing an effective and meaningful way of addressing discrimination and harassment issues; which may include, but is not limited to the following: • reviewing the hospital’s harassment policy and making joint recommendations to the Chief Nursing Officer; • promoting a harassment free workplace where there is ‘zero tolerance’; • ensuring that all employees are familiar with the employer’s harassment policy by identifying educational opportunities, including the orientation period for new employees; • identifying supports and solutions to assist employees to deal with harassment and discrimination issues (i.e. Employee Assistance Programs, staff supports); • development of processes to address the accommodations/modified work needs for nurses; • development of assertiveness training programs. Letter of Understanding The parties agree that the issue of “paid professional leave days” to which nurses may be entitled is a local issue in the current round of bargaining.

  • LETTER OF UNDERSTANDING NO 26. The standard part-time work week shall be up to thirty-two (32) paid hours per week and up to eight (8) paid hours per day. The scheduled hours may vary during a given work schedule.

  • Letter of Understanding Re Grievance Administration The central parties agree to develop a pilot project to assist the local parties with innovative and creative solutions to enhance grievance administration, such project could include regional review of grievances, regional mediation and/or regional panels of arbitrators. The parties will canvass their respective parties to elicit interest in participation in the project. Letter of Understanding Re: Best Practices The central parties agree to develop communication and promotional strategies regarding the best practices for professional development including identifying success stories; writing articles; and application. To accomplish this objective, information will be acquired through a survey of practices of the Hospitals. The parties agree that from time to time they will endorse best practices that demonstrate creative joint quality of initiatives.

  • MEMORANDUM OF AGREEMENT Re: Article 15,

  • Authorization of Underwriting Agreement This Agreement has been duly authorized, executed and delivered by the Company.

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