No Private Inurement. No part of the net earnings of CIWW shall inure to the benefit of, or be distributable to any private persons or private agency, except CIWW is authorized and empowered to pay reasonable compensation or consideration for goods, services, materials, or properties that it obtains.
Appears in 3 contracts
Samples: 28e/28f Agreement, Chapter 28e/28f Agreement, 28e/28f Agreement
No Private Inurement. No part of the net earnings of CIWW shall inure to the benefit of, or be distributable to any private persons person or private agency, except CIWW is authorized and empowered to pay reasonable compensation or consideration for goods, services, materials, or properties that it obtains.
Appears in 1 contract
Samples: 28e/28f Agreement
