Common use of NONBINDING AGREEMENT Clause in Contracts

NONBINDING AGREEMENT. This MOU is a nonbinding agreement and creates no legally binding obligation between the Parties enforceable by law or equity. The Parties will manage their respective resources and activities in a manner that is coordinated and mutually beneficial to meet the purpose(s) of this MOU. This MOU does not bind any Party to enter into any real estate transaction with another county.

NONBINDING AGREEMENT. This MOU is a nonbinding agreement and creates no legally binding obligation between the Parties enforceable by law or equity. The Parties will manage their respective resources and activities in a manner that is coordinated and mutually beneficial to meet the purpose(s) of this MOU. This MOU does not bind any Party to enter into any real estate transaction with another countyparty.