Agency Agreements with Other Entities Sample Clauses

Agency Agreements with Other Entities a. If the AGENCY provides COMMODITY received by the AGENCY under this AGREEMENT to any entity for the purpose of allowing that entity to receive and distribute COMMODITY in a manner consistent with this AGREEMENT, the AGENCY shall first acquire an agreement between itself and that entity which: i. Specifies the purpose for which COMMODITY is to be used; ii. Requires the entity to keep records of the use of COMMODITY; and iii. Requires the entity to make such records available to PDA and/or the AGENCY upon demand. b. The AGENCY must submit to PDA a list of all entities to whom AGENCY provides COMMODITY. c. The AGENCY must submit to PDA upon request copies of agreements it executes with entities receiving COMMODITY. d. The AGENCY shall be responsible for the failure of any entity to which it provides COMMODITY to keep or make available the referenced records, and shall repay to PDA the value of COMMODITY provided to that entity if that entity fails to make the requested records available to PDA upon written demand, or fails to distribute COMMODITY in accordance with this AGREEMENT.
AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!