MUTUAL INTEREST OF THE PARTIES Sample Clauses
The "Mutual Interest of the Parties" clause establishes that both parties share a common goal or benefit in entering into the agreement. In practice, this clause may outline the shared objectives, such as collaborating on a project, jointly developing a product, or pursuing a business opportunity, and can specify the ways in which both parties will cooperate to achieve these aims. Its core function is to clarify the alignment of interests, fostering cooperation and reducing the likelihood of misunderstandings or conflicts regarding the purpose of the agreement.
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MUTUAL INTEREST OF THE PARTIES. This assistance is of mutual interest to the parties because NMFS has the responsibility to protectand recover species and their habitats listed as threatened or endangered pursuant ESA and under their jurisdiction, and WPPA’s member public port districts have the responsibility to design, construct, and maintain port infrastructure in Washington, including a wide range of projects. Public port district projects frequently affect freshwater and marine habitats that support NMFS and USFWS trust resources and therefore require frequent coordination and consultation with NMFS Having a staff biologist assigned to the study and evaluation of public port district projects for compliance with the ESA and other pertinent laws administered by the federal agencies reduces time spent in coordination and increases the biologist’s understanding of individual projects. In addition, having the staff biologist responsible for all public port district consultations involving WPPA’s member ports increases their familiarity with those agencies’ personnel and processes, landscape and aquatic habitat conditions across the State of Washington, and opportunities for conservation and aquatic habitat restoration, as well as ensuring consistency and timeliness of reviews.
MUTUAL INTEREST OF THE PARTIES. This [activity] is of mutual interest to the parties because [provide an explanation of how it benefits each party].
MUTUAL INTEREST OF THE PARTIES. EXAMPLE WORDING ONLY
MUTUAL INTEREST OF THE PARTIES. DHPC and DVFD each have a mutual interest in ensuring restoration and preservation of the 1947 Dodge Firetruck.
MUTUAL INTEREST OF THE PARTIES. Both DOC and ICANN have a mutual interest in a transition that ensures that future technical management of the DNS adheres to the principles of stability, competition, coordination, and representation as published in the Statement of Policy. ICANN has declared its commitment to these principles in its Bylaws. This Agreement is essential for the DOC to ensure continuity and stability in the performance of technical management of the DNS now performed by, or on behalf of, the U.S. Government. Together, the Parties will collaborate on the ▇▇▇ ▇▇▇▇▇▇▇ to achieve the transition without disruption.
MUTUAL INTEREST OF THE PARTIES. The three West Coast RICEs share responsibility for observing the California Current Large Marine Ecosystem (CCLME). This Memorandum of Understanding (MOU) affirms the Parties’ commitment to jointly plan CCLME observations and share information that will mutually benefit each sub-region and the larger CCLME. In addition, important issues in regional ocean governance, management, science, and marine operations span the West Coast and CCLME, including, but not limited to, the West Coast Governors’ Agreement on Ocean Health (WCGA), the Pacific Coast Collaborative (PCC), the Ocean Observatories Initiative (OOI), and the designation of the West Coast as a single regional planning area for Coastal and Marine Spatial Planning (CMSP) in the National Ocean Policy (NOP). The Parties commit to work together at the CCLME scale, and to work cooperatively with governmental and non- governmental entities to identify and provide information products for multiple users within the region that inform scientific, economic and management activities in areas including: fisheries and water quality; climate variability and change; coastal hazards; marine commerce and safety; and priorities identified by the NOP, WCGA, PCC and other region-wide marine and ocean groups. The Parties recognize that collaborating and leveraging human and financial resources will benefit planning and decision-making at both sub-regional and CCLME levels.
MUTUAL INTEREST OF THE PARTIES. This Scrubs Camp is of mutual interest to the parties because it is educationally beneficial for the students attending the camp to learn about different health professions and duties associated with each profession.
MUTUAL INTEREST OF THE PARTIES. 4.1 All the parties to this MOS have mutual interest in this MOS and all the parties have entered upon this MOS after taking legal advice as may be deemed fit by them, and parties to this MOS put to the overt notice of each other that none of the parties are acting under any misrepresentation, coercion, threat, undue influence or pressure, duress etc. of any kind whatsoever and any such ground raised at any time after entering upon this MOS shall be treated as null and void.
4.2 The underlying mutual interest of all the parties is to bring an amicable settlement to the disputes that have arisen between the parties and the parties hereto shall not institute any court cases or complaints of any kind against each other pertaining to the subject matter of this dispute and all cases, petitions or complaints, if any, initiated will be withdrawn as per the terms set out herein below.
MUTUAL INTEREST OF THE PARTIES. The agreement is of mutual interest and benefit to the parties as it furthers each one’s goal of accurately carrying out their responsibilities. For the Census Bureau, these responsibilities include collecting and maintaining accurate legal boundaries for all counties and county equivalents, minor civil divisions, incorporated places, consolidated cities, and American Indian reservations and federally recognized off-reservation trust lands. In the case of the WA OFM, these responsibilities pertain to the responsibility to promulgate rules and standards for maintaining a statewide digital database. Each party has a mission critical need to gather and maintain geographic data pertaining to geographic governmental unit boundary data, and each party can benefit from the knowledge, expertise, and resources of the other party in a cooperative endeavor.
MUTUAL INTEREST OF THE PARTIES. Ongoing research and development efforts on mCDR supported by the Parties are already well aligned to effectively characterize mCDR efficacy and the tradeoffs of mCDR approaches, and will provide crucial research, data, and unbiased assessments to effectively build the regulatory structures to ensure responsible deployment of mCDR technologies. The research and development programs funded by DOE in water-power, chemical, biological, and environmental sciences, carbon dioxide removal, energy generation, and carbon storage technologies complement the research agenda implemented by NOAA, including a robust and thorough NOAA CDR strategy that includes mCDR, to guide responsible research on the topic. Moreover, the DOE’s Carbon Negative Shot provides a comprehensive coordination mechanism to advance research and development for CDR technologies, including mCDR, to $100 per net tonne of CO2e removed by 2032 and beyond. As leading agencies in ocean, biological, chemical, environmental, and carbon removal sciences, the Parties have an opportunity to collaborate effectively by further strengthening the following mechanisms of coordination for advancing the rapidly developing field of ocean carbon removal and achieving their respective agency missions. The Parties have aligned and coordinated interests in several efforts spanning the White House’s Ocean Climate Action Plan (OCAP)1, ongoing collaboration under the National Oceanographic Partnership Program (NOPP)2, and cooperative participation within the Marine Carbon Dioxide Removal Fast Track Action Committee (FTAC)4.