Mutual Intentions Clause Samples
The Mutual Intentions clause sets out the shared goals and understanding of both parties entering into an agreement. It typically outlines the purpose of the contract, the desired outcomes, and the spirit in which the parties intend to collaborate, such as fostering a cooperative relationship or achieving a specific project objective. By clearly stating these mutual intentions, the clause helps ensure both parties are aligned from the outset, reducing the risk of misunderstandings and providing context for interpreting the rest of the agreement.
Mutual Intentions. The parties hereto recognize and accept that it is impracticable to provide herein for every contingency that may arise in the course of the performance of the terms and conditions contained in this Agreement or in the operation of the Transactions contemplated hereby and accordingly they hereby declare it to be their mutual intention that in all cases they shall each of them use their best endeavors to ensure that this Agreement shall operate as between themselves fairly and equitably.
Mutual Intentions a) During the Term, HKA, at its sole discretion, may spend up to 30% of Net Revenue for marketing and promotion of the game. Any marketing/promotional expense above 30% of the Net Revenue must be approved by Cannavoices.
b) Parties will discuss in good faith if the Game should be translated and localized into other languages. Furthermore, where both parties agree to modify the Game for Windows and/or Amazon, HKA will retain a subcontractor for the modification and the parties will share the modification costs pro rata their revenue share, while HKA agrees to manage the subcontractor for the modification. Any mutual agreement pursuant to this clause shall be further recorded in writing by both parties.
Mutual Intentions. Notwithstanding Clause 13.7, the Parties hereto recognize and accept that it is impracticable to provide herein for every contingency that may arise in the course of performance of the terms and conditions contained in this Agreement or in the operation of the JV Company’s or PMI’s business and accordingly they hereby declare it to be their mutual intention that in all cases they shall each of them use their best efforts to ensure that this Agreement shall operate between themselves fairly and equitably.