Common use of Termination of Memorandum Clause in Contracts

Termination of Memorandum. 13.1. An Authority may terminate its participation in this Memorandum at any time by giving at least 30 days prior written notice to the other Authorities. 13.2. A termination by an Authority will not affect the other Authorities as signatories to this Memorandum. 13.3. This Memorandum will continue in effect for the Authority giving notice until the expiration of 30 days after that Authority gives written notice to the other Authorities of its intention to terminate its cooperation under this Memorandum. This Memorandum will continue to have effect with respect to all requests for assistance made by or to that Authority before the effective date of notification, until the Requesting Authority terminates the matter for which it requested assistance. 13.4. In the event of termination of this MOU, information obtained under this MOU will continue to be treated in the manner prescribed under Clause 9 and remain confidential.

Appears in 2 contracts

Samples: Memorandum of Understanding, Multilateral Memorandum of Understanding

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Termination of Memorandum. 13.1. An Authority may terminate its participation in this Memorandum at any time by giving at least 30 days prior written notice to the other Authorities. 13.2. A termination by an Authority will not affect the other Authorities as signatories to this Memorandum. 13.3. This Memorandum will continue in effect for the Authority giving notice until the expiration of 30 days after that Authority gives written notice to the other Authorities of its intention to terminate its cooperation under this Memorandum. This Memorandum will continue to have effect with respect to all requests for assistance made by or to that Authority before the effective date of notification, until the Requesting Authority terminates the matter for which it requested assistance. 13.4. In the event of termination of this MOU, information obtained under this MOU will continue to be treated in the manner prescribed under Clause 9 and remain confidential.

Appears in 1 contract

Samples: Memorandum of Understanding

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