Common use of Purchase of Materials Clause in Contracts

Purchase of Materials. All materials purchased in connection with the undertaking of the Capital Improvements will be exempt from State and local sales taxes as a result of the District’s ownership of the Capital Improvements. Pursuant to Section 4.12(a), the District designates the Operator and the Operator’s Contractors as mandataries (i.e. agents) of the District for the purpose of purchasing any materials relating to Capital Improvements. The Operator hereby agrees that title to all construction materials purchased by the Operator or the Operator’s Contractors pursuant to this designation shall be in the name of the District at the time of purchase. The District shall execute Form R- 1020 of the Louisiana Department of Revenue (or any successor form thereto) and any other documents, agreements or certificates necessary to make the required designation. The Operator agrees to provide to the District monthly fixed asset register and all associated records relating to all materials and supplies purchased in the name of the District.

Purchase of Materials. All materials purchased in connection with the undertaking of the Capital Improvements will be exempt from State and local sales taxes as a result of the District’s ownership of the Capital Improvements. Pursuant to Section 4.12(a4.10(b), the District designates the Operator and the Operator’s Contractors as mandataries (i.e. agents) of the District for the purpose of purchasing any materials relating to Capital Improvements. The Operator hereby agrees that title to all construction materials purchased by the Operator or the Operator’s Contractors pursuant to this designation shall be in the name of the District at the time of purchase. The District shall execute Form R- 1020 of the Louisiana Department of Revenue (or any successor form thereto) and any other documents, agreements or certificates necessary to make the required designation. The Operator agrees to provide to the District monthly fixed asset register and all associated records relating to all materials and supplies purchased in the name of the District.

Purchase of Materials. All materials purchased in connection with the undertaking of the Capital Improvements will be exempt from State and local sales taxes as a result of the District’s ownership of the Capital Improvements. Pursuant to Section 4.12(a), the District designates the Operator and the Operator’s Contractors as mandataries (i.e. agents) of the District for the purpose of purchasing any materials relating to Capital Improvements. The Operator hereby agrees that title to all construction materials purchased by the Operator or the Operator’s Contractors pursuant to this designation shall be in the name of the District at the time of purchase. The District shall execute Form R- 1020 R-1020 of the Louisiana Department of Revenue (or any successor form thereto) and any other documents, agreements or certificates necessary to make the required designation. The Operator agrees to provide to the District monthly fixed asset register and all associated records relating to all materials and supplies purchased in the name of the District.