CONTRACTING AGENCIES Sample Clauses

The 'Contracting Agencies' clause defines which organizations or entities are authorized to enter into and manage contracts under the agreement. It typically specifies the names or types of agencies involved, outlining their roles and responsibilities in the contracting process. For example, it may clarify whether only government departments, certain subsidiaries, or third-party agencies can act as contracting parties. This clause ensures clarity regarding which entities have the legal authority to bind the parties to contractual obligations, thereby preventing disputes over unauthorized commitments or misunderstandings about who is empowered to act under the contract.