Common use of Related Party Contract Clause in Contracts

Related Party Contract. For purposes of this Agreement, “Related Party Contract” means any relationship, transaction, or expenditure, contractual in nature, which results in or could result in an expenditure of state or federal funds by the Board with a Related Party. The term “Related Party Contract” does not include retail purchases made in the ordinary course of business or payments for utility services.

Appears in 9 contracts

Samples: Agreement, Agreement, Agreement

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