Common use of Intent and Understanding of the Parties Clause in Contracts

Intent and Understanding of the Parties. It is the intent and understanding of the participating boards of education that they will continue to renew this MOU for successive Renewal Terms and will preserve the terms and conditions of this MOU unless circumstances require that one or more of the boards of education call for an alteration in this MOU's terms and conditions. In such event, the board of education whose circumstances require the change will communicate with the other participating boards of education in an attempt to negotiate a mutually satisfactory change.