Common use of Financial charges Clause in Contracts

Financial charges. This Agreement does not imply any financial cost either to UFPel or XXX. PARAGRAPH ONE OF ONE: The Specific Agreements may forecast financial expenses, provided that they meet the statutory requirements of each institution. Upon the signing of this agreement by both institutions, it shall enter into force for a period of five years, except for prior withdrawal of either party. The agreement may, at any time during its period of validity, be terminated by either party upon written notification 90 days prior to termination. PARAGRAPH ONE OF ONE: The termination of this agreement does not entail any financial penalty or otherwise. Any questions arising from its implementation shall be resolved administratively by mutual consent of the parties. Any issues arising from the implementation of this agreement shall be resolved administratively by mutual consent.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding