Common use of Monetary Consideration Clause in Contracts

Monetary Consideration. There shall be no monetary consideration paid by either party to the other, it being acknowledged that the Program provided hereunder is mutually beneficial. The parties shall cooperate in administering this Program in a manner that will tend to maximize the mutual benefits provided to the UNIVERSITY and AGENCY.

Appears in 2 contracts

Sources: Affiliation Agreement, Affiliation Agreement

Monetary Consideration. There shall be no monetary consideration paid by either party to the other, it being acknowledged that the Sponsored Program provided hereunder is mutually beneficial. The parties shall cooperate in administering this the Sponsored Program in a manner that will tend to maximize the mutual benefits provided to the UNIVERSITY University, and AGENCYAffiliate.

Appears in 1 contract

Sources: International Affiliation Agreement