Omnibus is defined as “of, relating to, or providing for many things at once” and “containing or including many items”. An Omnibus Agreement is a combination of these definitions: it is an agreement, usually between several parties, that relates to everyone, is usually for the benefit of everyone, and addresses many different areas all in one agreement. Similar to a Memorandum of Understanding, or “MOU”, an Omnibus Agreement can relate to any number of business areas, be it loan contracts, partnership agreements, or Joint Venture Agreements.
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