Terms of the Memorandum of Understanding. The roles and responsibilities under this agreement will coincide with the grant period, anticipated to be October 1, 2015 through September 31, 2020. This Memorandum of Understanding shall be renewed by both parties in the event of necessary updates to the agreement. Notwithstanding the foregoing, either party may terminate this MOU in the event the other party defaults in the performance of its obligations and fails to cure the default within a reasonable time after receiving written show cause notice. In the event that The Network is dissolved or ceases to exist, in accordance with federal and state laws, all monies and items of value received by or held by The Network must be transferred to another non- profit that is similar in mission. Assets may be transferred to a merger partner that fits the same description.
Terms of the Memorandum of Understanding. This MOU shall remain in effect for the period of July 1, 2011 through and including June 30, 2012 unless a specific provision provides for a different commencement and/or termination date.
Terms of the Memorandum of Understanding. This Memorandum of Understanding, made this day of , 20 , between the University and the Foundation is intended to set forth policies and procedures that will contribute to the coordination of their mutual activities.
A. To ensure effective achievement of the items of this Agreement, the University and Foundation representatives shall hold periodic meetings to xxxxxx and maintain productive relationships and to ensure open and continuing communications and alignment of priorities.
B. Consistent with provisions appearing in the Foundation’s bylaws and its articles of incorporation, should the Foundation cease to exist or cease to be an Internal Revenue Code 501(c)(3) organization, the Foundation will transfer its assets and property to the University, to a reincorporated successor foundation, or to the state or federal government for public purposes, in accordance with the Foundation’s Articles of Incorporation law and donor intent.
Terms of the Memorandum of Understanding. The purpose of each Memorandum of Understanding (the "MOU") is to record Onyx Asia’s and IRM’s interest and desire to work together with the Investors in respect of their potential investment in CIL. Specifically, each of Onyx Asia and IRM has acknowledged their interest in becoming co-investors with the Investors in CIL. The parties to each MOU believe that there are synergistic opportunities for them to work together for their mutual benefit. Under the terms of the MOU, which is subject to contract:-
2.1 it is contemplated that Onyx Asia and IRM would work with the Investors towards a strategic investment in CIL, and the MOU represents the good faith understanding of the parties to co-operate further in this respect;
2.2 the parties will also, in good faith, engage in further discussions and negotiations to identify and agree on areas of co-operation between the Investors and each of Onyx Asia and IRM;
2.3 any future agreement would be subject to the requisite consents and approvals being obtained; and
2.4 if the relevant parties have not entered into the definitive investment agreement, the MOU will terminate on 30 June 2006.
Terms of the Memorandum of Understanding. A. This Memorandum of Understanding has a term of one year and is renewable for the successive one year terms upon written consent of the authorized representatives of both parties. This MOU shall be submitted together with the audit or financial review and the annual IRS Form 990 to the TCSG Office of Resource Development in the TCSG system office prior to start of each fiscal year. Either party may, upon 90 days prior written notice to the other, terminate this agreement. Notwithstanding the foregoing, either party may terminate this MOU in the event the other party defaults in the performance of its obligations and fails to cure the default within a reasonable time after receiving written show cause notice. The College’s ability to perform its responsibilities under the MOU is subject to annual appropriations from the General Assembly and revenues from student tuition. Should funds be insufficient to fulfill its responsibilities, the College may terminate the MOU immediately and shall have no further obligations thereunder.
B. In the event that the Foundation is dissolved or ceases to exist, in accordance with federal and state laws, all monies and items of value received by or held by the Foundation must be transferred to another non-profit that is similar in mission. Assets may be transferred to a merger partner that fits the same description.
Terms of the Memorandum of Understanding. This Memorandum of Understanding, made this 19 [day] of December [month], 2016[year], by and between the UNA Board of Trustees and the UNA Foundation (an Internal Revenue Code
Terms of the Memorandum of Understanding. The term of this Memorandum of Understanding shall begin on April 1, 2016 and end on June 30, 2021, at which time the Parties shall evaluate implementation of the Key Directions, Strategies and Major Actions to determine the degree of success achieved and whether the Memorandum should be extended. Nothing in this Memorandum of Understanding shall be construed to give the Parties any authority, express or implied, over the programmatic and/or budgetary decision making operations of the organizations involved. Any Party may terminate its participation as a member at any time by giving thirty (30) days written notice to all Parties of such termination and specifying the effective date thereof. Arizona Employment First Partnership – Memorandum of Understanding Page 4 BY SIGNING THIS MEMORANDUM OF UNDERSTANDING, EACH PARTY IS ACCEPTING AND AGREEING TO ABIDE BY AND COMPLETE THE RESPONSIBILITIES DELINEATED IN THIS MEMORANDUM OF UNDERSTANDING. _______________________________________ XXXXX XXXXXXX, Executive Director Arizona Developmental Disabilities Planning Council _______________________________________ XXXX XXXXXXXXX, President and Chief Executive Officer Ability 360 _______________________________________ XXXXX XXXXXXX XXXX, Executive Director Raising Special Kids _______________________________________ XXXXX XXXXXXX, President and Chief Executive Officer Untapped Arizona Arizona Employment First Partnership – Memorandum of Understanding Page 5 XXXXX XXXX, President and Chief Executive Officer Beacon Group XXXX XXXXXX, Executive Director Xxxxxxx Habilitation Center _________________________________________ XXXXX XXXXXXXXX, President and Chief Executive Officer Scottsdale Training and Rehabilitation Services _________________________________________ XXXXXX XXXXXXX, President and Chief Executive Officer Southwest Autism Research & Resource Center _________________________________________ XXXXX XXXXX, President and Chief Executive Officer The Centers for Habilitation _________________________________________ XXXXXX XXXXXXXX, President and Chief Executive Officer Valleylife Arizona Employment First Partnership – Memorandum of Understanding Page 6 __________________________________________ Arizona Health Care Cost Containment System/Behavioral Health Services ___________________________________________ Arizona Department of Education/Exceptional Student Services ___________________________________________ DR. XXXXX XXXX, Assistant Director Arizona Department of Ec...
Terms of the Memorandum of Understanding. A. This agreement has a term of one year. This Memorandum of Understanding shall be renewed by both parties and submitted together with the audit or financial review and the annual IRS Form I-990 to the Office of Resource Development in the TCSG system office. Either party may, upon 90 days prior written notice to the other, terminate this agreement. Notwithstanding the foregoing, either party may terminate this MOU in the event the other party defaults in the performance of its obligations and fails to cure the default within a reasonable time after receiving written show cause notice.
B. In the event that the Cooperative Organization is dissolved or ceases to exist, in accordance with federal and state laws, all monies and items of value received by or held by the Cooperative Organization must be transferred to another non- profit that is similar in mission. Assets may be transferred to a merger partner that fits the same description.
Terms of the Memorandum of Understanding. This MOU shall come into force effective the day and date the last signature is appended to the document and then can, immediately, be executed by the authorized representatives of the parties to this MOU including the CFMB of Nitrian and CPG; it shall remain in full force and effect for no later than two (2) years. The terms of this MOU shall be two years and shall be reviewed, amended, renewed or terminated based on agreement by the parties concerned at the end of this period depending on the prevailing circumstances. Prior to such termination, a written notice should be served in advance within the time frame of 15 days, hand-delivered.
Terms of the Memorandum of Understanding. 2.1. This MOU is at-will and may be modified by mutual consent of authorized officials from CHC and ACOE-OA. This MOU shall become effective upon signature by the authorized officials from CHC and ACOE-OA and will remain in effect until modified or terminated by either partner in mutual consent.
