MEMORANDUMS OF UNDERSTANDINGS, LETTERS OF INTENT, AND STIPULATIONS OF AGREEMENT Clause Samples

MEMORANDUMS OF UNDERSTANDINGS, LETTERS OF INTENT, AND STIPULATIONS OF AGREEMENT a) During the process of negotiations, resulting in this Agreement, the parties entered into the review of all Memorandums of Understandings, Letters of Intents, and Stipulations of Agreements known to exist as a record or documentation of a condition between the parties. As a result of this endeavor, the collective bargaining agreement, or Memorandum of Agreement (M.O.A.), was amended to reflect those conditions within the body of the M.O.A. either by incorporating the agreement as a whole or by incorporating language to create the exact condition. It is understood and agreed between the parties that these documents are to become a matter of record and may be referred to by either party to clarify any issues or disputes that may arise. The parties recognize the necessity of the continuation of the process to document agreements reached which address specific concerns, issues or contract interpretation which otherwise may create disharmony either in the relationship between the Company and the Union, or to the delivery of services which the Company provides to its customers. Upon the effective date of this Agreement and thereafter, these agreements will be created according to the following process: 1. The agreement will identify the date of signing, date of implementation, and, if applicable, the date upon which it sunsets. 2. The agreement will specifically identify the relevant Business Unit, work site or location, group or segment of the workforce to which it pertains. 3. The agreement shall contain a brief explanation of the purpose and intent of the conditions it sets forth, as well as the relevant paragraph to which it pertains. 4. The agreement shall be signed by the Director of Labor Relations and the Business Manager of System Council U-4, and shall be assigned a number as reference and upon expiration be retained as a matter of record or be incorporated as contract language during the negotiation process.
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MEMORANDUMS OF UNDERSTANDINGS, LETTERS OF INTENT, AND STIPULATIONS OF AGREEMENT. During the process of negotiations, resulting in this agreement, the parties entered into the review of all Memorandums of Understandings, Letters of Intents, and Stipulations of Agreements known to exist as a record or documentation of a condition between the parties. As a result of this endeavor, the collective bargaining agreement, or Memorandum of Agreement (M.O.A.), was amended to reflect those conditions within the body of the M.O.A. either by incorporating the agreement as a whole or by incorporating language to create the exact condition. It is understood and agreed between the parties that these documents are to become a matter of record and may be referred to by either party to clarify any issues or disputes that may arise. The parties recognize the necessity of the continuation of the process to document agreements reached which address specific concerns, issues or contract interpretation which otherwise may create disharmony either in the relationship between the Company and the Union, or to the delivery of services which the Company provides to its customers. Upon the effective date of this agreement and thereafter, these agreements will be created according to the following process:
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Related to MEMORANDUMS OF UNDERSTANDINGS, LETTERS OF INTENT, AND STIPULATIONS OF AGREEMENT

  • LETTERS OF UNDERSTANDING Any Letter of Understanding negotiated between the Company and the Union shall be deemed to form part of this Agreement as if it had been incorporated herein. A Letter of Understanding shall be identified by a heading and a number, and must be signed by representatives of both parties at the Headquarters level.

  • LETTERS OF AGREEMENT Previous letters of agreement, side bar agreements and memoranda of understanding between labor and management that are not incorporated into the subsequent collective bargaining agreement are null and void.

  • Letter Agreements The Company shall not take any action or omit to take any action which would cause a breach of any of the Letter Agreements executed between each Company Affiliate and the Representative and will not allow any amendments to, or waivers of, such Letter Agreements without the prior written consent of the Representative, which consent shall not be unreasonably withheld, delayed or denied.

  • Copies of policies; letters of undertaking Each Borrower shall ensure that all approved brokers provide the Security Trustee with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of undertaking in a form required by the Security Trustee and including undertakings by the approved brokers that: (a) they will have endorsed on each policy, immediately upon issue, a loss payable clause and a notice of assignment complying with the provisions of Clause 13.4; (b) they will hold such policies, and the benefit of such insurances, to the order of the Security Trustee in accordance with the said loss payable clause; (c) they will advise the Security Trustee immediately of any material change to the terms of the obligatory insurances; (d) they will notify the Security Trustee, not less than 14 days before the expiry of the obligatory insurances, in the event of their not having received notice of renewal instructions from that Borrower or its agents and, in the event of their receiving instructions to renew, they will promptly notify the Security Trustee of the terms of the instructions; and (e) they will not set off against any sum recoverable in respect of a claim relating to the Ship owned by that Borrower under such obligatory insurances any premiums or other amounts due to them or any other person whether in respect of that Ship or otherwise, they waive any lien on the policies, or any sums received under them, which they might have in respect of such premiums or other amounts, and they will not cancel such obligatory insurances by reason of non-payment of such premiums or other amounts, and will arrange for a separate policy to be issued in respect of that Ship forthwith upon being so requested by the Security Trustee.

  • LETTER OF UNDERSTANDING Between: And: