Headings, amendments, waivers, and further assurances

There are a number of other common legal elements to be found in agreements such as MTAs. These might include:

  • Status of the headings in the MTA - commonly there to help navigate the document, rather than as part of the interpretation of its terms

  • Provisions for the amendment of the MTA - usually only possible by common consent, in writing and duly signed and witnessed

  • Terms covering waivers of rights - sometimes used to indicate that any flexibility shown by one party in how another party is implementing the MTA does not formally waive any rights under the agreement

  • Further assurances - which might include statements of the intent to carry out activities in good faith of achieving the intent, as well as the letter, of the agreement, or for addressing the transfer of rights and obligations to third parties