PURPOSE OF THE AGREEMENT Clause Examples
The "Purpose of the Agreement" clause defines the main objective and intent behind the contract, outlining what the parties aim to achieve through their relationship. Typically, this section specifies the nature of the business arrangement, such as providing services, selling goods, or forming a partnership, and may reference the scope or limitations of the agreement. By clearly stating the agreement's purpose, this clause helps prevent misunderstandings and disputes by ensuring both parties have a shared understanding of their commitments and the contract's intended outcomes.
POPULAR SAMPLE Copied 132 times
PURPOSE OF THE AGREEMENT. The purpose of this Agreement is to define the terms and conditions governing collaboration between UNESCO and the Government and also the rights and obligations stemming therefrom for the Parties.
PURPOSE OF THE AGREEMENT. The purpose of this Agreement is to establish a Traditional IRA under Code Section 408(a) or a Xxxx XXX under Code Section 408A, as indicated on the Adoption Agreement, to provide for the IRA Owner’s retirement and for the support of his or her Beneficiary(ies) after death. The account is established for the exclusive benefit of the IRA Owner or his or her Beneficiary(ies). If this is an inherited IRA within the meaning of Code Section 408(d)(3)(C) maintained for the benefit of a Designated Beneficiary of a deceased individual, references in this document to the “IRA Owner” are to the deceased individual.
PURPOSE OF THE AGREEMENT. The purpose of this Agreement is to authorize PDL NPDL to charter space to PFLG in the Trade (as hereinafter defined).
PURPOSE OF THE AGREEMENT. 3.1 The purpose of this Agreement is to authorize the Parties to charter and exchange space on one another’s vessels and to rationalize, coordinate and cooperate with respect to the Parties’ transportation services and operations in order to improve efficiency, save costs, and provide premium service to the shipping public in the Trade.
PURPOSE OF THE AGREEMENT. 1.01 It is the purpose of this Collective Agreement:
a) to promote orderly relationships between the University, the Union, and all Employees covered by this Collective Agreement in order to provide library services and to maintain equitable and just working conditions;
b) to promote the security and welfare of the Employee;
c) to assure the discharge of duties in a reasonable manner; d) to favour the prompt and fair settlement of grievances.
PURPOSE OF THE AGREEMENT. It is the intent of the parties and the purpose of this Agreement to maintain mutually satisfactory relationships by setting forth terms and conditions of employment and to provide a procedure for the equitable settlement of grievances between the parties.
PURPOSE OF THE AGREEMENT. The general purpose of this Agreement is to provide an orderly collective bargaining relationship between the Company and the Union, to secure prompt and fair disposition of grievances, and to prevent interruptions of work and interference with the efficient operation of the Company's business, consistent with the terms of this Agreement.
PURPOSE OF THE AGREEMENT. In order to cause the Project to occur and to induce Developer to undertake the Project, to promote community development, industry and job creation and to expand and enhance the tax base within the City, the City intends to provide the TIF Incentives as set forth in this Agreement. The City intends to recover its costs through the Available Tax Increment generated by the Property. The parties intend to enter into this Agreement to record the understandings and undertakings of the parties and to provide a framework within which the Project may proceed.
PURPOSE OF THE AGREEMENT. 1.01 The purpose of this agreement is to maintain harmonious and mutually beneficial relationships between the Employer, the employees and the Institute, to set forth certain terms and conditions of employment relating to remuneration, hours of work, employee benefits and general working conditions affecting employees covered by this Agreement.
PURPOSE OF THE AGREEMENT. This Agreement governs the host organization’s relationship with the educational institution and the intern.