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A memorandum of understanding (MoU) is a type of agreement between two or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. [ 1 ]
In law, a memorandum is a record of the terms of a transaction or contract, such as a policy memo, memorandum of understanding, memorandum of agreement, or memorandum of association. In business, a memo is typically used by firms for internal communication, while letters are typically for external communication.
By convention, most common law jurisdictions divide the constitutional documents of companies into two separate documents: [1]. the Memorandum of Association (in some countries referred to as the Articles of Incorporation) is the primary document, and will generally regulate the company's activities with the outside world, such as the company's objects and powers.
The Lahore Declaration was signed on 21 February along with a memorandum of understanding (MoU) after three rounds of talks between the Indian and Pakistani leaders. [1] [7] In its content, both governments asserted their commitment to the vision of peace, stability and mutual progress and their full commitment to the Simla Agreement and the UN ...
A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement, term sheet or memorandum of understanding.
This page is subject to the extended confirmed restriction related to the Arab-Israeli conflict. Abraham Accords Representatives (left-to-right): Bahraini foreign minister Abdullatif bin Rashid Al-Zayani Israeli prime minister Benjamin Netanyahu American president Donald Trump Emirati foreign minister Abdullah bin Zayed Al-Nahyan Type Normalization treaty Context Arab–Israeli conflict Signed ...
A set of heads of agreement, heads of terms, or letter of intent is a non-binding document outlining the main issues relevant to a tentative sale, partnership, or other agreement. [ 1 ] A heads of agreement document will only be enforceable when it is adopted into a parent contract and is subsequently agreed upon, unless otherwise stated.
The Lucknow Pact was an agreement reached between the Indian National Congress and the Muslim League (AIML) at a joint session of both the parties held in Lucknow in December 1916. Through the pact, the two parties agreed to allow representation to religious minorities in the provincial legislatures.