Financial and legal arrangements Sample Clauses
The 'Financial and legal arrangements' clause defines the terms governing the monetary transactions and legal responsibilities between the parties involved in an agreement. It typically outlines how payments will be made, the timing and method of such payments, and any legal obligations or liabilities that may arise from the arrangement. For example, it may specify who is responsible for taxes, how disputes over payments are resolved, or what happens in the event of non-payment. This clause ensures that both parties have a clear understanding of their financial and legal commitments, reducing the risk of misunderstandings or disputes.
Financial and legal arrangements. To make financial or legal arrangements to address the military member’s absence for military duty or to act as the military member’s representative for purposes of obtaining military service benefits. Absences can be taken to obtain military service benefits while the military member is away on covered active duty or within ninety days of termination of covered active duty.
Financial and legal arrangements. Each Party shall bear the costs of fulfilling its respective responsibilities under this Agreement. Obligations of each Party pursuant to this Agreement are subject to its respective funding procedures and the availability of appropriated funds, personnel, and other resources. The conduct of activities under this Agreement will be consistent with the relevant municipal law of the respective States.
Financial and legal arrangements. Each side will bear the costs of fulfilling its respective responsibilities under this agreement. Obligations of each side pursuant to this agreement are subject to its respective funding procedures and the availability of appropriated funds, personnel, and other resources. The conduct of activities under this agreement will be consistent with the relevant laws and regulations of the two sides. Nothing in this Memorandum of Understanding is intended to create binding obligations under international law.