Common use of Profits Clause in Contracts

Profits. The Recipient and Subrecipient may earn or keep the profits it may derive as a result of an Award, but the Recipient agrees that any such profits must be used in a manner consistent with the provisions of this Master Agreement or applicable federal guidance.

Appears in 26 contracts

Samples: Demand Rideshare Project Contract, Interlocal Cooperation Contract, Federal Asset Transfer Agreement

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Profits. The Recipient and Subrecipient may earn or keep the profits it may derive as a result of an Award, but the Recipient agrees that any such profits must be used in a manner consistent with the provisions of this Master Agreement or applicable federal guidance.guidance.β€Œ

Appears in 1 contract

Samples: Terms of Agreement

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