memorandum of understanding

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memorandum of understanding

In the United States, a non-binding (i.e., non-contractual) formal agreement between the FDA and federal, state or local government agencies; academic institutions; and other entities, which constitutes an “understanding” between parties as to the lines of authority or responsibility, or to clarify co-operative procedures.
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Recently, the Indian Army has also signed a MoU with the HDFC bank as well.
The MoU for promotion of education was signed by Virtual University of Pakistan Chairman Dr Naveed Akhtar Malik and Rector Maldives National University Dr Mohammad Latif.
aACAo MOU on the Establishment of the ICCR Chair for Hindi Language between Indian Council for Cultural Relations and the University of Iceland.
The MoU was signed between IDRO Chief Mansour Moazami and Russian Gazprom Company Vice-Chairman Vitaly Markelov in Tehran.
MoU in the field of waste water management - the MoU was signed by the Minister of Municipality and Environment of the State of Qatar Mohammed Bin Abdullah Al Rumaihi and Sri Lankan Minister of City Planning and Water Supply Rauf Hakeem
The seventh MOU focuses on obtaining 10,000 metres in Egyptian transit areas.
MoU on Technical Cooperation in Railway Sector was signed by Ms.
In light of the MOUs, VCSP, and other developments, employers should assess their risk related to this issue and determine an appropriate approach based on their facts and circumstances.
In addition, another MoU was signed to organize the development of economic relations between the two countries.
MANAMA: A memorandum of understanding (MoU) was signed yesterday between Bahrain Stock Exchange (BSE) and Dubai Financial Market (DFM) aimed at strengthening and widening areas of co-operation.
Company Substitutes F100 Fleet and Signs a MOU With Airbus Following Increase in Domestic and International Demand.
One common pitfall we see with MOUs is caused by a failure to appreciate that, in most cases, it is in the interests of each party signing that some portions should be legally binding, even if it is intended by all that other terms should be non-binding.