Non-Binding Agreement. This Agreement is executed by each Trust’s Trustees and/or officers in their capacities as Trustees and/or officers and the obligations of this Agreement are not binding upon any of them or the shareholders individually; rather, they are binding only upon the assets and property of that Trust.
Non-Binding Agreement. This Agreement is executed by the Company’s President in his capacity as President of the Company and the obligations of this Agreement are not binding upon him individually; rather, they are binding only upon the assets and property of the Company.
Non-Binding Agreement. This Agreement is executed by each the Company’s directors and/or officers in their capacities as directors and/or officers and the obligations of this Agreement are not binding upon any of them individually; rather, they are binding only upon the assets and property of the Company.
Non-Binding Agreement. Except for the paragraph entitled “Public Announcements and Confidentiality Agreement,” the provisions in this Letter of Intent are for informational purposes only and are nonbinding on all Parties. The Prospective Transaction requires further negotiation and documentation, including preparing and executing a final agreement. This letter does not require either party to proceed to the completion of a binding final agreement. The parties shall not be contractually bound to the sale, purchase or transfer listed above unless and until they enter into a formal, written final agreement, which must be in form and content satisfactory to each party and to each party’s legal counsel, in their sole discretion.
Non-Binding Agreement. 3.1 This Agreement represents an understanding between ECCC and Participating Companies. It is not intended to create legally binding obligations and is therefore not legally enforceable.
Non-Binding Agreement. The DEO entered into this Agreement due to the unique facts and circumstances of the above-described dispute. Nothing in this Agreement shall be construed as binding upon the future determinations, decisions, or actions of the DEO. This Agreement shall be afforded no precedential value in any future proceeding or matter. Further, nothing herein shall be construed as a waiver of any future rights or privileges of the DEO that are not directly related to the facts and circumstances upon which this Agreement is premised.
Non-Binding Agreement. It is understood that this is intended as a Letter of Intent only and while the parties hereto agree to in principle to the contents hereof, neither party shall have any legal obligation to the other as a result of executing this Letter of Intent which is specifically conditioned upon the preparation, negotiation and execution of formal agreements mutually acceptable to GF and GMP, as well as the Three-Party MOU referenced herein. Both parties agree to work diligently toward an expeditious execution of such agreements containing the above referenced terms and conditions. Agreed and Accepted GLOBALFOUNDRIES U.S. 2 LLC By:________________________________________ Duly Authorized Agent GREEN MOUNTAIN POWER CORPORATION By:________________________________________ Duly Authorized Agent Letter of Intent Schedule A: TRANSITIONAL POWER PURCHASE AGREEMENT TERM SHEET Buyer GlobalFoundries U.S. 2 LLC Seller Green Mountain Power Term; Transition Period Conditions Precedent Wholesale Market Products Seller Portfolio Attributes and Allocations October 1, 2022 to September 30, 2026 (4 years) Performance under the Power Purchase Agreement shall be dependent on the following conditions:
Non-Binding Agreement. This MOA creates no right, benefit, or trust responsibility, substanti ve or procedural , enforceable by law or equity. The parties shall manage their respective resources and activities in a separate, coord inated and mutual ly beneficia l manner to meet the purpose(s) of this MOA. Nothing in this MOA authorizes any of the parties to obligate or transfer anything of value. Specific, prospective projects or activities that involve the transfer of funds, services, property, and/or anything of value to a party requires the execution of separate agreements and are contingent upon numerous factors, including, as applicable, but not lim ited to: agency availability of appropriated funds and other resou rces; cooperator availability of funds and other resources; agency and cooperator administrative and legal requirement s (including agency authorization by statute); etc. This MOA neither provides, nor meets these criteria. If the parties elect to enter into an obligation agreement that involves the transfer of funds, services, property , and/or anything of value to a party, then the applicable criteria must be met. Additionally, under a prospective agreement, each party operates under its own laws, regu lations, and/or pol icies, and any Forest Service obligation is subject to the availability of appropriated funds and other resources. The negotiation, execution, and administration of these prospective agreements m ust comply with all applicable law H. This MOA shall be effective through Decem ber 31, 2017, and may be renewed for another five years upon mutual agreement of the Parties. Any party to this MOA may terminate its participation in this MOA upon thirty (30) days written notice to the other Party.
Non-Binding Agreement. This MOU is intended only to set forth the general understanding and cooperation of the parties with respect to the subject matter herein, and does not contractually or legally bind the either of the parties. The College and CIWA are the only parties to this MOU. This MOU neither implies nor creates any financial obligations on the part of Shoreline Community College, Pacific Lutheran University, or CIWA.
Non-Binding Agreement. The Vendor and the Purchaser acknowledge that this Letter of Intent, although entered into in good faith by both parties, does not constitute a legally binding agreement between them other than the obligations as set out in sections 3., 9. and 10.. The terms of an agreement for the sale of the Property from the Vendor to the Purchaser will be governed solely by the Purchase Agreement when the same has been fully executed by the parties. This Letter of Intent is open for acceptance by the Vendor until but not after 5:00 p.m. Vancouver time on the Acceptance Date. The Purchaser has executed this Letter of Intent this _______ day of __________, 2014. Purchaser: [NAME OF PURCHASER(S)]____________________________ Per: (Authorized Signatory) (Name & Title) Vendor’s Acceptance The Vendor hereby confirms its agreement to the intentions set out in this Letter of Intent. In Witness Whereof the Vendor has executed this Letter of Intent this _______ day of __________, 2014. Vendor: Cove Warehouses Ltd. Per: (Authorized Signatory) (Name & Title) Schedule A Conditions Precedent Purchaser’s Conditions The Purchase Agreement shall provide that the obligation of the Purchaser to complete the purchase of the Property on the Completion Date is subject to and conditional upon the following conditions precedent (the “Purchaser’s Conditions”) being satisfied or waived not later than 5:00 p.m. (Vancouver time) on the Purchaser’s Condition Waiver Date, namely: If the Purchaser fails to notify the Vendor in writing of the satisfaction or waiver of all of the Purchaser’s Conditions by the time specified above, the Purchase Agreement will be null and void and the Deposit Holder shall be irrevocably directed by the Vendor and the Purchaser to forthwith repay the Initial Deposit and accrued interest to the Purchaser and thereafter neither party will have any further obligations to the other under the Purchase Agreement, except for the obligation of the Purchaser to maintain the confidentiality of all disclosed documents and instruments delivered to it, to return all copies of such documents and instruments and to indemnify the Vendor and/or tenants of the Lands or Building for any damage caused by the Purchaser in connection with its due diligence investigations.
