COMMON UNDERSTANDING Sample Clauses

COMMON UNDERSTANDING. The Cedents and the Reinsurer hereby acknowledge and agree that this Agreement has been negotiated and entered into in good faith and at arms length. The Cedents and the Reinsurer hereby acknowledge and agree that the terms and conditions of this Agreement are fair and reasonable. Further, the Cedents and the Reinsurer acknowledge that this Agreement reflects the complete agreement between the parties with regard to the reinsurance of the Reinsured Policies.
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COMMON UNDERSTANDING. 13.1 The developer, if amalgamates further land to the existing land of the said premises for extending the project, the purchasers will not raise any objection thereto. In that event of such amalgamation, the building plans may be modified or altered within the ambit of building rules. The purchasers will not raise any objection to that lawful addition/alteration of the building plan and regularization thereof by the competent authority, if not affecting the said flat and the said car parking space under this agreement.
COMMON UNDERSTANDING. The Reinsureds and the Reinsurer hereby acknowledge and agree that this Agreement has been negotiated and entered into in good faith and at arms length. The Reinsureds and the Reinsurer hereby acknowledge and agree that the terms and conditions of this Agreement are fair and reasonable under the circumstances.
COMMON UNDERSTANDING. The parties agree to adapt the Long Term Allocation Rules and/or Daily Auction Rules and/or Intraday Allocation Rules and/or this Agreement amicably, if necessary. However, the parties are willing to keep the Long Term Allocation Rules, Daily Auction Rules and Intraday Allocation Rules transparent and non- discriminatory. In case there should arise any dispute between EMS and MAVIR and in case there is any discrepancy between the wording of this Agreement and of the Long Term Allocation Rules / Daily Auction rules / Intraday Allocation Rules, concerning the settlement of disputes, the wording of this Agreement shall prevail.
COMMON UNDERSTANDING. If a cruise missile has been flight-tested to a range in excess of 600 kilometers, it shall be considered to be a cruise missile capable of a range in excess of 600 kilometers.
COMMON UNDERSTANDING. The obligations provided for in paragraph 4 of Article IV of the Treaty and in the Agreed Statement thereto mean that the original diameter or the original depth of an ICBM silo launcher may not be increased by an amount greater than that which would result in an increase in the original internal volume of the ICBM silo launcher by thirty-two percent solely through an increase in one of these dimensions.
COMMON UNDERSTANDING. During the term of the Treaty, the Union of Soviet Socialist Republics will not produce, test, or deploy ICBMs of the type designated by the Union of Soviet Socialist Republics as the RS-14 and known to the United States of America as the SS-16, a light ICBM first flight-tested after 1970 and flight-tested only with a single reentry vehicle; this Common Understanding also means that the Union of Soviet Socialist Republics will not produce the third stage of that missile, the reentry vehicle of that missile, or the appropriate device for targeting the reentry vehicle of that missile.
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COMMON UNDERSTANDING. Indigenous peoples have the right to the dignity and diversity of their cultures, traditions, histories and aspirations (United Nations Declaration on the Rights of Indigenous Peoples, Article 15.1). Through this MOU, the Parties will strive to support the reconciliation of the legacy of colonization, and address the imbalance as it relates to the First Nations health narrative in Canada. The wellbeing of First Nations people will be achieved through mutual respect and equal standing in a partnership.
COMMON UNDERSTANDING. The Parties agree to adapt the HAR, DAR, IAR and/or this Agreement amicably, if necessary. However, the Parties agree to keep the HAR, DAR and IAR transparent and non-discriminatory.
COMMON UNDERSTANDING. The parties agree to adapt the Yearly and Monthly Auction Rules and/or Daily Auction Rules and/or Intraday Allocation Rules and/or this Agreement amicably, if necessary. However the parties are willing to keep the Yearly and Monthly Auction Rules, Daily Auction Rules and Intraday Allocation Rules transparent and non-discriminatory.
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