Common use of Purchase of Goods or Services Clause in Contracts

Purchase of Goods or Services. To the extent that Borrower obtains, or causes to be obtained, goods, materials, supplies, or services (“Goods or Services”), it shall do so at costs, amounts, and terms that do not exceed reasonable and necessary levels and those customarily paid in the vicinity of the Land for Goods or Services received. The purchase price of Goods or Services shall be based on quality, durability, and scope of work.

Appears in 6 contracts

Samples: Hospital Regulatory Agreement, Regulatory Agreement, Hospital Regulatory Agreement

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