Nonprofit Memorandum Of Understanding Template (Page 2 of 2) in pdf

6. Consequences of Termination. Upon termination of this MOU, Client will have no further

obligations to Landlord, including, but not limited to, any obligations to continue paying the amounts

due to Landlord under this MOU, and Landlord will have no further obligations to Client.

7. Client NOT GUARANTOR. Landlord agrees that Client is not a guarantor of Client’s payment

or performance of any terms or conditions of the Lease. With the exception of payment of the

rent during the term of this MOU, and irrespective of whether any Client employee, contractor,

volunteer, or affiliate has inspected or failed to inspect the Unit or provided or failed to

provide Client with any case management or property management services, Client is solely

responsible for complying with all terms of the Lease, including, but not limited to, payment of

any security deposit and utility costs not included in the monthly rent.

8. No Third Party Beneficiary. This MOU is for the exclusive benefit of Client and Landlord and not for

the benefit of any third party including, but not limited to, Client. No third party has the power to

enforce the terms of this MOU.

9. Entire Agreement. This MOU is the entire agreement between Client and Landlord and supersedes

all prior or contemporaneous written and oral agreements, negotiations, correspondence, course of

dealing, and communications between Client and Landlord relating to the same subject matter. This

MOU may be modified only as stated in a writing signed by both Client and Landlord and reciting that

it is an amendment to this MOU.

10. Limitation of Liability. If Client defaults on any obligation under this MOU, Client will be liable to

Landlord solely for the amounts due under Section 2 of this MOU. Client will not be liable for any

additional costs including, but not limited to, interest payments, late fees, damages, penalties,

attorney’s fees, or collections costs.

11. Governing Law. This MOU is governed by California law. Client and Landlord consent to the

exclusive jurisdiction and venue of the state and federal courts of California.

12. Notices. Any notices required or permitted to be given under this MOU will be either by personal

delivery or by certified mail addressed to the respective parties at their addresses indicated in the

signature blocks below. Such addresses may be changed by notice in writing to either party.

Dated as of: ____________________________

CLIENT:

LANDLORD:

Authorized Representative

Name and Title

Address for Notices:

Nonprofit Memorandum Of Understanding Template Page 2