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MEMORANDUM OF UNDERSTANDING THIS MEMORANDUM is made as of January 24, 2011, BETWEEN: ASSOCIATION OF PROFESSIONAL ENGINEERS AND GEOSCIENTISTS OF BRITISH COLUMBIA, (APE GBC) AND: OIL AND GAS COMMISSION,.
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Licensee FAQ
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In general, your MOU would start out with a title, such as: "Memorandum of Understanding Between Jane Smith and John Doe," with each party's address and the date of the agreement, followed by numbered sections such as: The purpose of the agreement. A description of the agreement including all the terms.
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An MOU should clearly state the following: what parties are involved, the context of the agreement, the proposed date of when the agreement will become effective, the contact details of all relevant parties, the broad purpose of the agreement, and what each party is hoping to achieve, as well as a space for all ...
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A memorandum of agreement (MOA) is a legally binding and enforceable type of contract. When two parties enter into an MOA, the MOA is a formal understanding of what is expected between the parties.
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Memoranda of Understanding/Agreement (MOU/MOA) MOUs tend to be used for simple common-cause agreements which are not legally binding. MOAs, on the other hand, establish common legal terms that establish a “conditional agreement” where the transfer of funds for services are anticipated.
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The objective of this Memorandum of Understanding is : (a) to promote interaction between SF and Company in mutually beneficial areas. (b) to provide a formal basis for initiating interaction between SF and Company.
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A memorandum of understanding (MOU) is an initial level of consent shown by the involved parties in a document to proceed with certain mutually agreed objectives. For example, two countries signing an MOU to outline the terms of their upcoming trade partnership.
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A MEMORANDUM OF UNDERSTANDING should be used when you submit a request for application involving a collaborative partner(s) that agrees to provide a non-financial exchange that will enhance the project. Examples include: a work station for an out-stationed advocate or training for staff/volunteers.
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