Common use of Multi Year Agreement Clause in Contracts

Multi Year Agreement. The Member finds as follows: (1) the estimated requirements of the Member cover the term of the agreement and are reasonable and continuing; (2) the Agreement will serve the best interests of the Member by promoting economies in procurement by the Member and (3) the Member estimates that it has sufficient funds appropriated to fulfill its obligations as stated below.

Appears in 2 contracts

Sources: Participation Agreement, Participation Agreement