DRAFT: Memorandum of Understanding
This Memorandum
of Understanding (“MOU”) has been entered into on this the ____ day of____________2013
(the “Effective Date”)
by
and between
1. ____________a
company incorporated under the laws of [name
of the emirate/DAFZA/JAFZA/RAKIA] acting through its
[Director] duly authorised in this behalf by a Board Resolution dated [ ]
(“ABC”, which expression shall be deemed to mean and
include its successors in interest and permitted assigns), of the first
part.
and
2. [
], a company incorporated under the laws of the State of Singapore, having its
principal place of business, acting through its [ ],
Mr. ____________, duly authorised in this
behalf by a Board Resolution dated [ ] (hereinafter referred to as ‘XYZ’
which expression shall unless repugnant to the context or meaning thereof shall
mean and include its subsidiaries, successors and assigns), of the other part.
(ABC and XYZ
are hereinafter collectively referred to as the “Parties,” and singularly as a
“Party,” as the case may be).
