Common use of Terms & Termination Clause in Contracts

Terms & Termination. This MoU will come into effect as of July 20th, 2016 and will remain in force until December 31, 2018 unless terminated earlier by either Party. This MoU may be amended or renewed upon written approval of the Parties. Either Party may terminate this MoU upon providing the other Party with sixty (60) days’ written notice. In the case this MoU is terminated by one of the Parties, the other Party has no right to compensation or any damages whatsoever. This MoU is intended to reflect the Parties’ mutual understanding of the proposed arrangements described in it but each Party acknowledges that neither the provisions of this MoU – except for the confidentiality as set out in paragraph 5 under b – nor any prior or subsequent conduct, dealings or action by or between the Parties is intended to create or constitute legally binding obligations by or between the Parties unless and until such obligations are set forth in a separate definitive written agreement.

Terms & Termination. This MoU will come into effect as of July 20thSeptember 18th, 2016 2017 and will remain in force until December 31, 2018 2019 unless terminated earlier by either Party. This MoU may be amended or renewed upon written approval of the Parties. Either Party may terminate this MoU MoU, with or without cause, upon providing the other Party with sixty (60) days’ prior written notice. In the case this MoU is terminated by one of the Parties, the other Party has no right to compensation or any damages whatsoever. This MoU is intended to reflect the Parties’ mutual understanding of the proposed arrangements described in it it, but each Party acknowledges that neither the provisions of this MoU – except for the confidentiality as set out in paragraph 5 under b – nor any prior or subsequent conduct, dealings or action by or between the Parties is intended to create or constitute legally binding obligations by or between the Parties following the termination of this MOU, unless and until such obligations are set forth in a separate definitive written agreement.

Terms & Termination. This MoU will come into effect as of July 20thJune 1st, 2016 2021 and will remain in force until December 31, 2018 unless terminated earlier by either Party. This MoU may be amended or renewed upon written approval of the Parties. Either Party may terminate this MoU upon providing the other Party with sixty (60) days’ written notice. In the case this MoU is terminated by one of the Parties, the other Party has no right to compensation or any damages whatsoever. This MoU is intended to reflect the Parties’ mutual understanding of the proposed arrangements described in it but each Party acknowledges that neither the provisions of this MoU – except for the confidentiality as set out in paragraph 5 under b – nor any prior or subsequent conduct, dealings or action by or between the Parties is intended to create or constitute legally binding obligations by or between the Parties unless and until such obligations are set forth in a separate definitive written agreement.