Legal Window has a team of experts providing you with the best assistance, timely delivery and guaranteeing the highest customer satisfaction with respect to legal drafting of MOU. It cannot be constituted legally and is not enforceable by law but is a non-legally binding MOU which may be useful serving as an agreement between two or more departments within a single public entity. It is used as an indicator to check the intention of the parties transacting before a deal is officially signed and executed between them and it doesn't grant either of them any rights and can also be kept confidential, if desired. The purpose of this Memorandum of Understanding (MOU) is to clarify the expectations, roles, and responsibilities of the collaboration between our two organizations (Parties) on PROJECT XXXXXX (Project). MOU is made when two or more parties are at the initial stage of discussion outlining the rights and obligations of the parties with whom agreement is to be entered. I would like to request a one-year extension to the current agreement that allows us to. It expresses a convergence of will between the parties. It is a type of Agreement entered when two or more parties have agreed on such terms and conditions to enter into a contract, but the contract is yet to be negotiated and finalized. Our current Memorandum of Understanding expires date of signature. A memorandum of understanding (MOU) is a legal document describing a bilateral agreement between parties. In India Memorandum of Understanding (MOU) is also known as the Letter of Intent in which two parties conclude a decision.
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