Common use of Financial Commitments Clause in Contracts

Financial Commitments. The Parties agree to use their own funds or financial resources to fulfill their respective responsibilities under this MoU. This MoU shall not cause any financial obligations on any one of the Parties hereto as a result of enforcing any of its rights or executing any of its obligations hereunder.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding

Financial Commitments. The Parties agree to use their own funds or financial resources to fulfill perform their respective responsibilities obligations under this MoU. This MoU shall not cause any financial obligations on any one of the Parties hereto as a result of enforcing any of its rights or executing any of its obligations hereunder.

Appears in 1 contract

Sources: Memorandum of Understanding