Common use of Corresponding Adjustments Clause in Contracts

Corresponding Adjustments. 1. The Parties acknowledge and agree that in order to avoid double counting of Mitigation Outcomes transferred as ITMOs, the negotiation of a Framework Agreement for bilateral collaboration and/or any Mitigation Outcome Purchase Agreement developed pursuant to this Framework Agreement will include provisions requiring the Parties to apply Corresponding Adjustments.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding