Common use of Contracts with Subcontractors Clause in Contracts

Contracts with Subcontractors. The DPA shall ensure that all subcontracts shall be consistent with the terms of the Agreement and the DPA’s duties hereunder. Among other provisions, each subcontract shall provide that: 6.3.1 Such subcontractor agrees to seek damages or other remedies solely against the DPA and not against HUD, the Owner and their respective officers, directors or employees, for any claim arising under the subcontract. (Collectively, HUD, the Owner or their respective officers, directors or employees shall be referred to as “Other Parties.”) Upon request that may be made from time to time, the subcontractors will acknowledge that it has no claims against the Other Parties or will waive any such claims it believes it may have against the Other Parties; 6.3.2 The subcontractors shall maintain its Records and agrees to make them available for inspection by the DPA, HUD’s Inspector General, HUD, and any of their designees, and any other Government agency upon reasonable notice by or on behalf of HUD or the DPA, such inspection to be in a manner consistent with the requirements placed upon the DPA under Article 13 and Article 14 of the Agreement; 6.3.3 The subcontractor shall treat non-public information in a manner consistent with the requirements of Article 12 of the Agreement; 6.3.4 The subcontractor shall obtain such insurance coverage as may be reasonably directed by the DPA; 6.3.5 The subcontractor may not assign its contract with the DPA without the DPA’s prior written approval; and 6.3.6 The subcontractor shall meet the same conflict of interest standards as required of the DPA.

Appears in 1 contract

Samples: Delegated Processing Agreement

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Contracts with Subcontractors. The DPA shall ensure that all subcontracts shall be consistent with the terms of the Agreement and the DPA’s duties hereunder. Among other provisions, each subcontract shall provide that: 6.3.1 Such subcontractor agrees to seek damages or other remedies solely against the DPA and not against the Director, the DAS, the Secretary, HUD, the Owner and their respective officers, directors or employees, for any claim arising under the subcontract. (Collectively, the Director, the DAS, the Secretary, HUD, the Owner or their respective officers, directors or employees shall be referred to as “Other Parties.”) Upon request that may be made from time to time, the subcontractors will acknowledge that it has no claims against the Other Parties or will waive any such claims it believes it may have against the Other Parties; 6.3.2 The subcontractors shall maintain its Records and agrees to make them available for inspection by the DPA, HUD’s Inspector General, HUDthe DAS, and any of their designees, and any other Government agency upon reasonable notice by or on behalf of HUD or the DPA, such inspection to be in a manner consistent with the requirements placed upon the DPA under Article 13 14 and Article 14 15 of the Agreement; 6.3.3 The subcontractor shall treat non-public information in a manner consistent with the requirements of Article 12 of the Agreement; 6.3.4 The subcontractor shall obtain such insurance coverage as may be reasonably directed by the DPA; 6.3.5 The subcontractor may not assign its contract with the DPA without the DPA’s prior written approval; and 6.3.6 The subcontractor shall meet the same conflict of interest standards as required of the DPA.

Appears in 1 contract

Samples: Delegated Processing Agreement

Contracts with Subcontractors. The DPA shall ensure that all subcontracts shall be consistent with the terms of the Agreement and the DPA’s duties hereunder. Among other provisions, each subcontract shall provide that: 6.3.1 Such subcontractor agrees to seek damages or other remedies solely against the DPA and not against HUD, the Owner and their respective officers, directors or employees, for any claim arising under the subcontract. (Collectively, HUD, the Owner or their respective officers, directors or employees shall be referred to as “Other Parties.”) Upon request that may be made from time to time, the subcontractors will acknowledge that it has no claims against the Other Parties or will waive any such claims it believes it may have against the Other Parties; 6.3.2 The subcontractors shall maintain its Records and agrees to make them available for inspection by the DPA, HUD’s Inspector General, HUD, and any of their designees, and any other Government agency upon reasonable notice by or on behalf of HUD or the DPA, such inspection to be in a manner consistent with the requirements placed upon the DPA under Article 13 and Article 14 of the Agreement; 6.3.3 The subcontractor shall treat non-public information in a manner consistent with the requirements of Article 12 of the Agreement; 6.3.4 The subcontractor shall obtain such insurance coverage as may be reasonably directed by the DPA; 6.3.5 The subcontractor may not assign its contract with the DPA without the DPA’s prior written approval; and 6.3.6 The subcontractor shall meet the same conflict of interest standards as required of the DPA.

Appears in 1 contract

Samples: Delegated Processing Agreement

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Contracts with Subcontractors. The DPA shall ensure that all subcontracts shall be consistent with the terms of the Agreement and the DPA’s 's duties hereunder. Among other provisions, each subcontract shall provide that: 6.3.1 Such subcontractor agrees to seek damages or other remedies solely against the DPA and not against the Director, the DAS, the Secretary, HUD, the Owner and their respective officers, directors or employees, for any claim arising under the subcontract. (Collectively, the Director, the DAS, the Secretary, HUD, the Owner or their respective officers, directors or employees shall be referred to as “Other Parties.”) Upon request that may be made from time to time, the subcontractors will acknowledge that it has no claims against the Other Parties or will waive any such claims it believes it may have against the Other Parties; 6.3.2 The subcontractors shall maintain its Records and agrees to make them available for inspection by the DPA, HUD’s Inspector General, HUDthe DAS, and any of their designees, and any other Government agency upon reasonable notice by or on behalf of HUD or the DPA, such inspection to be in a manner consistent with the requirements placed upon the DPA under Article 13 14 and Article 14 15 of the Agreement; 6.3.3 The subcontractor shall treat non-public information in a manner consistent with the requirements of Article 12 of the Agreement; 6.3.4 The subcontractor shall obtain such insurance coverage as may be reasonably directed by the DPA; 6.3.5 The subcontractor may not assign its contract with the DPA without the DPA’s 's prior written approval; and 6.3.6 The subcontractor shall meet the same conflict of interest standards as required of the DPA.

Appears in 1 contract

Samples: Delegated Processing Agreement

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