Implementation of the MOU. 4.1 It is understood that all activities will be carried out on the basis of this MoU and its relevant annexes agreed by the Parties, and in accordance with the applicable regulations and rules of UN/UNDP/UNECE and the Government of the Republic of Armenia. 4.2 Neither Party shall act as a representative or joint partner of the other Party. Neither Party shall enter into any contract or commitment on behalf of the other Party and shall be solely responsible for making all payments to and on behalf of its own account, as provided under this MoU. 4.3 Each Party shall be responsible for its acts and omissions in connection with this MoU and its implementation and responsibilities arising the reform for either Parties cannot be transferred to other Parties.
Appears in 1 contract
Sources: Memorandum of Understanding
Implementation of the MOU. β
4.1 It is understood that all activities will be carried out on the basis of this MoU and its relevant annexes agreed by the Parties, and in accordance with the applicable regulations and rules of UN/UNDP/UNECE and the Government of the Republic of Armenia.
4.2 Neither Party shall act as a representative or joint partner of the other Party. Neither Party shall enter into any contract or commitment on behalf of the other Party and shall be solely responsible for making all payments to and on behalf of its own account, as provided for under this MoU.MoU, unless otherwise agreed in writing.
4.3 Each Party shall be responsible for its acts and omissions in connection with this MoU and its implementation and responsibilities arising the reform therefrom for either Parties Party cannot be transferred to other Parties.
Appears in 1 contract
Sources: Memorandum of Understanding