Common use of MUTUAL INTEREST OF THE PARTIES Clause in Contracts

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.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding