Common use of Non-Binding Effect Clause in Contracts

Non-Binding Effect. Except for Sections 6 and 7, which shall be binding, this MOU does not create any legally binding obligations, and simply constitutes an expression of good faith intent to mutually cooperate on matters of common interest.

Appears in 2 contracts

Sources: Memorandum of Understanding (Snow Lake Resources Ltd.), Memorandum of Understanding (Snow Lake Resources Ltd.)