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Letter of Understanding(LoU) or Memorandum of Understanding (MoU) is a formal letter that contains text which states an agreement between two parties. This is an official agreement on paper about the negotiation that has been made either verbally or just via an unofficial manner. It is a lette...
Service level agreements cover a wide range of services across various industries. Here are the most common types of services SLAs address: IT Services SLAs for IT services address areas such as theavailabilityand performance ofcloud services, the maintenance and support of IT systems, and the sec...
The memorandum was signed to facilitate cross-border data flow in the Hong Kong-Macau Greater Bay Area. Particularly, the press release stated: “…the matching data flows can not only reduce the cost of cross-border data flow compliance for enterprises but also promote the development of the ...
(IASB) and its US counterpart the Financial Accounting Standards Board (FASB) issued the ‘Memorandum of Understanding’ (MoU) which includes a work plan that should bring the convergence of international standard setting forward - the joint lease project is part of this agreement (FASB, ...
Astana Motors signed a memorandum with three Chinese automakers—Chery, Changan, and Great Wall Motor. The document confirms the right to produce cars of the listed brands at a new multi-brand plant in Kazakhstan under licensing agreements. As the portal “Chinese Cars” reports with reference to...
There was a transfer of property from Goodscan to Hospitex, thus the ownership was passed. The bill of lading is an indication that the goods have been placed on the ship in a good condition certified by the captain of the ship. This is a memorandum of acknowledgement that confirms that ...
The last, but definitely not the least, the fact that a private limited company is legally governed by the Memorandum of Association and the Articles of Association deserves to be mentioned (Riswan et al. 2014). The former is usually defined as the document that is signed by the co-creators...