Common use of TERMS OF UNDERSTANDING Clause in Contracts

TERMS OF UNDERSTANDING. The term of this MOU is for five years from the effective date of this agreement. However, it shall be reviewed annually to ensure that it is fulfilling its purpose and to make any necessary revisions.Either organization may terminate this MOU upon thirty (30) days' written notice without indemnity.

TERMS OF UNDERSTANDING. The term of this MOU is for five two years from the effective date of this agreement and may be extended upon written mutual agreement. However, it shall be reviewed annually to ensure that it is fulfilling its purpose and to make any necessary revisions.Either organization may terminate this MOU upon thirty (30) days' days written notice without indemnityany penalties or liabilities.

TERMS OF UNDERSTANDING. The term of this MOU is for five years a period of 3 years, from the effective date of this agreement and may be extended upon written mutual agreement. However, it It shall be reviewed annually at least 1 year, to ensure that it is fulfilling its purpose and to make any necessary revisions.. Either organization may terminate this MOU upon thirty (30) days' days written notice without indemnitypenalties or liabilities.

TERMS OF UNDERSTANDING. The term of this MOU is for five a period of 2 years from the effective date of this agreement and may be extended upon written mutual agreement. However, it It shall be reviewed at least annually to ensure that it is fulfilling its purpose and to make any necessary revisions.. Either organization may terminate this MOU upon thirty (30) days' days written notice without indemnitypenalties or liabilities. However, the termination of contract cannot take place unless completion of the undertaken work.

TERMS OF UNDERSTANDING. The term of this MOU is for five a period of 3 years from the effective date of this agreement. However, it It shall be reviewed annually to ensure that it is fulfilling its purpose and to make any necessary revisions.. Either organization may terminate this MOU upon thirty (30) days' days written notice without indemnitypenalties or liabilities. This MOU is at-will and may be modified by mutual consent of authorized officials from.

TERMS OF UNDERSTANDING. The term of this MOU is for five a period of three years from the effective date of this agreement and may be extended upon written mutual agreement. However, it It shall be reviewed annually to ensure that it is fulfilling its purpose and to make any necessary revisions.. Either organization may terminate this MOU upon thirty (30) days' days written notice without indemnitypenalties or liabilities.