HAVE REACHED THE FOLLOWING UNDERSTANDING Clause Samples

The clause titled "HAVE REACHED THE FOLLOWING UNDERSTANDING" serves as a formal declaration that the parties involved have mutually agreed upon the terms outlined in the document. Typically, this phrase appears at the beginning of a memorandum of understanding or agreement, signaling that negotiations have concluded and both sides are in consensus regarding the key points. Its core practical function is to clearly establish that the document reflects a shared understanding, thereby reducing ambiguity and providing a foundation for future cooperation or contractual obligations.
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HAVE REACHED THE FOLLOWING UNDERSTANDING. If an issue in proceedings before one Party is governed by the law of the other Party, each Party will give consideration, in accordance with its Rules and procedures, to directing the parties in the proceedings to take steps to have any contested issue of law determined by the courts of the Party of the governing law.
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HAVE REACHED THE FOLLOWING UNDERSTANDING. The Government of Australia will transfer to the Government of the Democratic Republic of Timor-Leste the sum of one million United States dollars ($US1,000,000) per annum in freely disposable United States currency free of exchange and service charges.
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HAVE REACHED THE FOLLOWING UNDERSTANDING. Objective and Areas of Cooperation
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HAVE REACHED THE FOLLOWING UNDERSTANDING. Purpose. The purpose of this Memorandum of Understanding (MoU) is to: establish a framework for cooperation between the Participants relating to the exploration, use and application of space for peaceful purposes; based on reasonable efforts, promote and organize the exchange of information and expertise, as well as cooperative activities, between the Participants in exploring and utilizing space for peaceful purposes; develop a closer understanding and greater cooperation through the pursuit and promotion of joint cooperative activities in the areas of research and development, academic exchange and industry collaboration in the space sector; and facilitate the exchange of personnel to set up closer links between the Participants. Areas of Cooperation. The Participants, through consultation, will decide on the specific cooperative activities they will carry out under the framework of this MoU. The proposed cooperative activities are as follow: Participants will facilitate cooperation as appropriate, including the exchange of information and expertise, between the Australian space sector and the Canadian space sector, including but not limited to: earth observation technologies, data, and data utilization; space exploration systems and joint missions; space science, technology and application including: Position, navigation and timing; Space situational awareness; Communications; and Advanced emerging research and development space operations; exchange views on space policy, laws and regulations; and human capital development in the space field and related areas. Participants will jointly identify projects or areas of common interest that can be supported and developed in both countries. The Participants may jointly identify other areas of cooperation.
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Related to HAVE REACHED THE FOLLOWING UNDERSTANDING

  • Additional Understandings You agree, for yourself and others acting on your behalf, that you (and they) have not disparaged and will not disparage, make negative statements about, or act in any manner which is intended to or does damage to the good will of, or the business or personal reputations of the Company or any of its incumbent officers, directors, agents, consultants, employees, successors and assigns or any of the Covered Parties. The Company agrees that, except as necessary to comply with applicable law or the rules of the New York Stock Exchange or any other stock exchange on which the Company’s stock may be traded (and any public statements made in good faith by the Company in connection therewith), it and its corporate officers and directors, employees in its public relations department or third party public relations representatives retained by the Company will not disparage you or make negative statements in the press or other media which are damaging to your business or personal reputation. In the event that the Company so disparages you or makes such negative statements, then notwithstanding the “Additional Understandings” provision to the contrary, you may make a proportional response thereto. In addition, you agree that the Company is the owner of all rights, title and interest in and to all documents, tapes, videos, designs, plans, formulas, models, processes, computer programs, inventions (whether patentable or not), schematics, music, lyrics and other technical, business, financial, advertising, sales, marketing, customer or product development plans, forecasts, strategies, information and materials (in any medium whatsoever) developed or prepared by you or with your cooperation in connection with your employment by the Company (the “Materials”). For purposes of clarity, Materials shall not include any music or lyrics written (in the past or in the future) by you, and shall not include any documents, tapes or videos that relate to such music or lyrics or the performance of such music or lyrics other than music or lyrics written in connection with your employment. The Company will have the sole and exclusive authority to use the Materials in any manner that it deems appropriate, in perpetuity, without additional payment to you. If requested by the Company, you agree to deliver to the Company upon the termination of your employment, or at any earlier time the Company may request, all memoranda, notes, plans, files, records, reports, and software and other documents and data (and copies thereof regardless of the form thereof (including electronic copies)) containing, reflecting or derived from Confidential Information or the Materials of the Company or any of its affiliates which you may then possess or have under your control. If so requested, you shall provide to the Company a signed statement confirming that you have fully complied with this Paragraph. Notwithstanding the foregoing, you shall be entitled to retain your contacts, calendars and personal diaries and any materials needed for your tax return preparation or related to your compensation.

  • Statement of Understanding By executing this Agreement, Employee acknowledges that (a) Employee has had at least twenty-one (21) or forty-five (45) days, as applicable in accordance with the Age Discrimination in Employment Act, as amended, (the “ADEA”) to consider the terms of this Agreement (and any attachment necessary or desirable in accordance with the ADEA) and has considered its terms for such a period of time or has knowingly and voluntarily waived Employee’s right to do so by executing this Agreement and returning it to Company; (b) Employee has been advised by Company to consult with an attorney regarding the terms of this Agreement; (c) Employee has consulted with, or has had sufficient opportunity to consult with, an attorney of Employee’s own choosing regarding the terms of this Agreement; (d) any and all questions regarding the terms of this Agreement have been asked and answered to Employee’s complete satisfaction; (e) Employee has read this Agreement and fully understands its terms and their import; (f) except as provided by this Agreement, Employee has no contractual right or claim to the benefits and payments described herein; (g) the consideration provided for herein is good and valuable; and (h) Employee is entering into this Agreement voluntarily, of Employee’s own free will, and without any coercion, undue influence, threat, or intimidation of any kind or type whatsoever.

  • LETTER OF UNDERSTANDING NO 8 LETTER OF UNDERSTANDING NO. 9

  • Complete Understanding The terms and conditions set forth in this Agreement represent the full and complete understanding between the parties. The terms and conditions may be modified only through the written mutual consent of the parties.

  • Prior Understandings This Agreement supersedes all prior understandings and agreements (whether written, oral or otherwise) pertaining to the subject matter hereof, and constitutes the entire agreement between the parties hereto relating to the subject matter hereof and the transactions provided for herein.