Non-Binding Sample Clauses: 247 Samples - Law Insider
Non-Binding. Unless expressly authorised in writing by the Group-Wide Lenders and then on such terms and conditions as the Group-Wide Lenders may require, the Steering Committee shall not negotiate the terms of or enter into any agreement on behalf of the Group-Wide Lenders or any of them. This Clause 30 may be relied upon by any member of the Steering Committee notwithstanding the second ...
Non-Binding Effect Sample Clauses - Law Insider
Non-Binding Effect. The provisions in this Article II express the Parties' understanding with respect to the matters described therein, but these Article II provisions are expressly understood not to constitute a complete statement of, or a legally binding or enforceable agreement or commitment on the part of any of the Parties with respect to the matters described therein.
Non-Binding MOU Sample Clauses
Non-Binding MOU a) Notwithstanding anything that might be interpreted to the contrary in this MOU above, this MOU is not intended to create a binding agreement between the Parties, but instead shows good faith and intent to proceed. The Parties acknowledge that this MOU is intended solely to set out an expression of the principal terms of a future easement, with such easement subject to each ...
Non-Binding Agreement Sample Clauses
Non-Binding Agreement. This letter evidences the intent of Buyer to proceed in good faith to pursue the Merger described above, subject to the conditions stated herein. Except for the provisions of paragraphs 4, 5, 6 and 7, and this sentence, however, nothing herein shall constitute a legally binding agreement of Buyer or the
Non-Binding Letter of Intent. This letter is not intended as a contract, but merely as a statement of the intentions and undertaking of the parties except as set forth in Paragraph 9, the terms hereof and the transaction will be binding upon the parties only in accordance with the terms contained in the Joint Venture Agreement, if, as, and when such Joint Venture Agreement has been duly ...
No Binding Agreement Sample Clauses
No Binding Agreement. This Term Sheet does not reflect any form of legally binding commitment or obligation on the part of either Party or its affiliates, except with regard to the sections titled “Preliminary Payment”, “Exclusivity”, “Tax Matters”, “Governing Law; Waiver of Jury Trial”, “Expenses”, “Company Authorization of Term Sheet and Enforceability of Binding ...
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Non-Binding MOU Sample Clauses - Law Insider
Non-Binding MOU a) Notwithstanding anything that might be interpreted to the contrary in this MOU above, this MOU is not intended to create a binding agreement between the Parties, but instead shows good faith and intent to proceed. The Parties acknowledge that this MOU is intended solely to set out an expression of the principal terms of a future easement, with such easement subject to each ...
5 Steps to Keep your Letter of Intent Non-Binding
Below are five simple steps you can take, and a sample non-binding clause, to help ensure that your letter of intent will remain non-binding. 1. Do not imply the existence of a binding agreement. Avoid using language that can be interpreted as creating a binding agreement. Language included in a letter of intent such as “agree,” “offer ...
Non-Binding Agreement Sample Clauses - Law Insider
Non-Binding Agreement. This letter evidences the intent of Buyer to proceed in good faith to pursue the Merger described above, subject to the conditions stated herein. Except for the provisions of paragraphs 4, 5, 6 and 7, and this sentence, however, nothing herein shall constitute a legally binding agreement of Buyer or the
Non-Binding Letter of Intent Sample Clauses - Law Insider
Non-Binding Letter of Intent. This letter is not intended as a contract, but merely as a statement of the intentions and undertaking of the parties except as set forth in Paragraph 9, the terms hereof and the transaction will be binding upon the parties only in accordance with the terms contained in the Joint Venture Agreement, if, as, and when such Joint Venture Agreement has been duly ...
NONBINDING AGREEMENT Sample Clauses: 101 Samples - Law Insider
NONBINDING AGREEMENT. This Memorandum is only a statement of the parties’ mutual intentions and is not a legally binding agreement.This Memorandum does not create a contract or other legally enforceable commitments. It is mutually understood that any Signatory State may, at any time at its sole discretion, discontinue participation in this Memorandum or reject or deviate from any proposals ...
No Binding Agreement Sample Clauses - Law Insider
No Binding Agreement. This Term Sheet does not reflect any form of legally binding commitment or obligation on the part of either Party or its affiliates, except with regard to the sections titled “Preliminary Payment”, “Exclusivity”, “Tax Matters”, “Governing Law; Waiver of Jury Trial”, “Expenses”, “Company Authorization of Term Sheet and Enforceability of Binding ...
NON-BINDING TERM SHEET - LSU
NON-BINDING TERM SHEET FOR A FUTURE LICENSE AGREEMENT This Term Sheet (the “Term Sheet”) contains the basic terms to be included in a future definitive License Agreement (the “License Agreement” or the “Agreement”) for the Technology described below. The parties are the Board of Supervisors of the Louisiana State University
Non-Binding Agreement Template
This printable Agreement Template saves you time and effort in preparing a non-binding contract. Just fill in your own information or other details appropriate for a non-binding business contract, loan agreement, financial agreement, or any basic or complex contract. Shortly afterward, your document is ready to share with the other parties.
NON-BINDING MEMORANDUM OF UNDERSTANDING - Florida Atlantic University
NON-BINDING MEMORANDUM OF UNDERSTANDING For RESEARCH, EDUCATION, and TRAINING Between . And FLORIDA ATLANTIC UNIVERSITY BOARD OF TRUSTEES ... agreement, effective when signed by the Parties. VI. TERM AND TERMINATION . 4 This MOU shall be in effect and automatically renew annually
Non Binding Letter of Intent | PDF | Legal Documents | Virtue - Scribd
Non Binding Letter of Intent - Free download as Word Doc (.doc), PDF File (.pdf), Text File (.txt) or read online for free. This non-binding letter of intent outlines the parties' mutual intent to enter into further discussions regarding a potential contractual relationship. Part I of the letter is expressly non-binding and does not constitute any legal representations or warranties.
Analysis of the non-binding nature of the letter of intent
Sample non-binding clauses. Non- binding clause- The language of the document should not imply the existence of a binding agreement. Sometimes, adding a timeline to the contract implies the existence of a conclusive agreement, avoiding usage of words such as acceptance, agreement, offer will be null and void, if not accepted within the ...
NON-BINDING SUMMARY OF TERMS - FP Transitions
7. BINDING PROVISIONS a. Confidentiality: The parties acknowledge and agree that the Mutual Confidentiality and Non-Disclosure Agreement dated [MONTH DAY, YEAR] executed by BUYER and SELLER continues to be in full force and effect and the term of such agreement will be extended for two years upon the execution of this Non-Binding Summary of Terms.
Non-Binding Letter of Intent - SEC.gov
While this LOI is not a binding agreement, except as specifically set forth in Section 11 below, it outlines the preliminary terms of the Acquisition and the transactions contemplated herein. ... Non-binding: Except for paragraphs 6, 7, 8, and 9 of this LOI (which are legally binding upon execution of this LOI), this LOI is a statement of ...
Letter of Intent - Non-Binding
JIAN Agreement Builder Subject: This is a sample business contract for establishing the terms of a statement of your intention to negotiate in good faith to acquire another company or small business. Keywords: sample business contract agreement word template letter of intent non binding deal purchase negotiate acquire business assets Created ...
Letters of Intent: Binding or Non-Binding - Kroger Gardis Regas, LLP
The no-shop clause is always designated as binding, even if the introduction to the LOI states the LOI is non-binding. To minimize the risk of a non-binding agreement being enforced, there should be a clear statement that the parties do not intend to be bound until they execute and deliver a definitive agreement, or that the parties do not ...
What Is a Non Binding Letter of Intent Template? - UpCounsel
This has occurred even though one involved party believed the document was non-binding. Expressing a non-binding provision in a letter of intent, and precisely listing the things that must happen before it can become a binding agreement, is an absolute requirement in order to avoid the risk of making an unintentional verbal agreement that may ...
Binding and Non-Binding Letters of Intent for Contracts
The non-binding clauses in contract state intent of the parties in a deal or agreement, but they have no enforceability in the courts. Many that seek a resolution to binding clause violations use arbitration to hold both parties to the outcome. This is generally a binding arbitration with no appeal.
15 Non-Binding Letters of Intent Samples - Lettersoo
Subject: Non-Binding Letter of Intent to Lease Commercial Space. Dear Mr. Thompson, This letter shares the basic terms under which Quality Retail Group (“Tenant”) would like to lease space at Downtown Plaza Mall (“Premises”). This letter is not a binding lease agreement. The final terms will be in a formal lease agreement. Premises