Legal Nature. 4.1 This MoU is a statement of intent and does not create any directly or indirectly enforceable rights. The Participants will fulfil their responsibilities under this MoU on a best-efforts basis.
Legal Nature. The Parties expressly affirm that this Cooperation Agreement is not a legally binding contract, save for Article 4, but it is intended to confirm the basic settings agreed upon and the goodwill of the Parties to materialise a fruitful collaboration.
Legal Nature. 2.1.1 The Concession, subject matter of this Contract, is granted as a part of the process carried out by the State of the Republic of Peru, represented by the GRANTOR, for the transfer of productive activities to the private sector. This process is aimed at improving the quality of services and increasing the scope of the Airport Infrastructure in the country in order to contribute to the development of foreign trade, tourism and regional integration.
Legal Nature. The Plan and any Option Award are made as and constitute a discretionary ex gratia payment (Gratifikation/Sondervergütung) within the meaning of Art. 322d of the Swiss Code of Obligation.
Legal Nature. The Plan and any PSU Award are made as and constitute a discretionary ex gratia payment (Gratifikation/Sondervergütung) within the meaning of Art. 322d of the Swiss Code of Obligation.
Legal Nature. The Plan and any RIU Award are made as and constitute a discretionary ex gratia payment (Gratifikation/Sondervergütung) within the meaning of Art. 322d of the Swiss Code of Obligation.
Legal Nature. The Parties expressly affirm that this MoU is not a legally binding contract, save for Article 4, but it is intended to confirm the basic settings agreed upon and the goodwill of the Parties to materialise a fruitful collaboration.
Legal Nature. (1) This MoU is a statement of intent and does not create any directly or indirectly enforceable rights.
Legal Nature. (a) The Parties hereby agree that this Agreement is a hybrid agreement, which, inter alia, is:
Legal Nature. 2.1 This MoC is a statement of intent and does not create any directly or indirectly enforceable rights or obligations. ESA and SJU will fulfil their tasks under this MoC on a reasonable effort basis.