Common use of Use of Donated Products Clause in Contracts

Use of Donated Products. The Agency agrees that it will not use products in exchange for money, other property or services. The Agency also agrees that it will comply with the restrictions on the use and transfer of donated property, as described in IRS Tax Code Section 170(e)3 and any amendments to the Code.

Appears in 2 contracts

Samples: Member Agency Agreement, Member Agency Agreement

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Use of Donated Products. The Agency agrees that it will not sell or use donated products in exchange for money, other property or services, including using donated products for the purpose of fundraising programs and events. The Agency also agrees that it will comply with the restrictions on the use and transfer of donated property, as described in IRS Tax Code Section 170(e)3 170(e)(3) and any amendments to the CodeCode (See the Federal Register/Vol. 47, No.21/Monday, February 1982/Rules and Regulations, pp. 4509-4512).

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

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Use of Donated Products. The Agency agrees that it will not sell or use donated products in exchange for money, other property or services, including using donated products for the purpose of fundraising programs and events. The Agency also agrees that it will comply with the restrictions on the use and transfer of donated property, as described in IRS Tax Code Section 170(e)3 170(e)(3) and any amendments to the CodeCode(See the Federal Register/Vol. 47, No.21/Monday, February 1982/Rules and Regulations, pp. 4509-4512).

Appears in 1 contract

Samples: www.centralilfoodbank.org

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