Real Property and Improvements. 1. Except as otherwise provided in the Definitive Agreements, neither this MOU nor the Realignment Plan will change, modify or require the conveyance of the record ownership of the real estate currently comprising the IUPUI campus. 2. Purdue and IU agree to use their best efforts to negotiate and enter into a real estate lease agreement on mutually acceptable terms and conditions with respect to Purdue’s use and occupancy of real estate and facilities comprising the portion of the Indianapolis campus that will be used for the Purdue Realigned Academic Units.
Appears in 3 contracts
Sources: Program Transfer Agreement, Memorandum of Understanding, Memorandum of Understanding