Commencement, Renewal, Termination and Amendment. This MOU will come into force upon affixing of the signatures of the representatives of the partner institutions and will remain in effect for a period of FIVE years from the date of the last signature. This MOU may be renewed upon its expiry, with the agreement of both partner institutions. If either partner institution wishes to terminate the MOU at the end of the five years period it must notify the other institution no less than six months prior to the expiry of the MOU. This MOU or its renewal and the actions taken under it may be reviewed at any time. Modifications may be made by mutual agreement and any amendment or extension to the agreement may be formalized by the exchange of letters between the two institutions. For all issues arising out of this Memorandum of Understanding or in its implementation the concerned parties to this MoU will resolve the same amicably by mutual consent of both the parties. Both Parties understand that all financial arrangements will have to be negotiated and will depend on the availability of funds. During implementation of the present MoU both Parties shall comply with legal regulations being in force on both sides. This MoU was made in two verbatim copies in English, with one copy for each Party. The signing parties signed the agreement themselves digitally / in person. Electronic signatures on PDF of the MOU document are acceptable by both parties for the purpose of this MoU. Signed: Signed: SIGNATURE: SIGNATURE:
Commencement, Renewal, Termination and Amendment. This Agreement will come into force on 1st April 2021 (“Effective Date”) and will remain in effect for 1 year from the Effective Date (“Term”). This Agreement may be renewed upon its expiry, with written consent of both the Parties. If either Party wishes to terminate the Agreement, it must notify the other by providing written notice of not less than three months. However, both Parties may terminate the Agreement immediately in case the other Party commits a material breach of any terms of this Agreement and fails to rectify the breach within seven (07) days of receiving a written communication from the other Party or the other Party goes into liquidation or ceases to carry on its business. Modification may be made by mutual consent and any amendment or extension to the Agreement should be formalized by the written agreement or addendum between the Parties.
Commencement, Renewal, Termination and Amendment. This MOU will come into force upon affixing of the signatures of the representatives of the partner institutions and will remain in effect for five years. This MOU may be renewed upon its expiry, with the agreement of both partner institutions. If either partner institution wishes to terminate the MOU at the end of five years period it must notify the other institution not less than six months prior to the expiry of the MOU. This MOU or its renewal and the actions taken under it may be reviewed at any time. Modifications may be made by mutual agreement and any amendment or extension to the agreement may be formalized by the exchange of letters between the two parties.
Commencement, Renewal, Termination and Amendment a) This MOU will come into force upon affixing of the signatures of the representatives of the partner institutions and will remain in effect for a period of THREE years from the date of the last signature. This MOU may be renewed upon its expiry, with the agreement of both partner institutions. If either partner institution wishes to terminate the MOU at the end of the three years period it must notify the other institution no less than six months prior to the expiry of the MOU.
