Agreements permitted Clause Samples
The "Agreements permitted" clause defines which types of agreements or arrangements are allowed under the terms of the contract. It typically outlines specific categories or conditions under which parties may enter into additional agreements, such as with third parties or for certain activities, without breaching the main contract. For example, it may permit the parties to enter into subcontracting or licensing agreements as long as they meet specified criteria. The core function of this clause is to provide clarity and flexibility, ensuring that parties understand the boundaries of permissible agreements and reducing the risk of unintended contract violations.
Agreements permitted. Subject to any restrictions in a cooperative’s articles or bylaws, the cooperative may enter into contribution rights agreements under the terms, provisions, and conditions established by board resolution.
