Common use of KEY OBJECTIVES FOR THE PROJECT Clause in Contracts

KEY OBJECTIVES FOR THE PROJECT. 2.1 The Partners agree the following key objectives: a. To work together in good faith to develop the Land and any Additional Land for the Project within five (5) years from the date here of; b. To minimise the up-front cost to the Partners; c. To deliver the Project if financially viable in terms of initial capital and on a revenue basis. 2.2 The Partners shall undertake the Project in accordance with this MOU. 2.3 The Partners acknowledge that the current position with regard to the Project and the contributions already made (financial and otherwise) are as detailed in the Schedule 2 to this MoU. 2.4 The Partners shall cooperate with KCC in the proposed purchase of the Additional Land.

Appears in 4 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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