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Duration of this Agreement means the period of time this Agreement remains in effect. The term Effective Date of this Agreement means the date the Agreement is signed by all Parties.
The definition of agreement means the act of coming to a mutual decision, position or arrangement. An example of an agreement is the decision between two people to share the rent in an apartment.
Here are the steps to write a letter of agreement:Title the document. Add the title at the top of the document.List your personal information.Include the date.Add the recipient's personal information.Address the recipient.Write an introduction paragraph.Write your body.Conclude the letter.More items...?
Duration of the Agreement means the period starting from the date of execution of this Agreement till 35 years from the date of Commencement of Commercial Operation.
Begin your letter by clearly indicating the parties involved in the agreement. Remember to include the date the agreement takes effect and title of the venture. Clearly state the reason for your agreement in your first paragraph giving description of all details such as stake holder ratio, payment period etc.