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Facility Use Agreement - Contract 2025

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The Facility/Grounds Use Agreement outlines the terms and conditions for using facilities at North Dakota State University (NDSU). It requires event sponsors to submit the agreement at least five business days prior to their event, provides details on insurance and liability requirements, and specifies responsibilities regarding facility maintenance, safety compliance, and permits. The document also addresses issues such as food service, alcohol distribution, non-discrimination policies, and emergency access. Overall, it serves as a comprehensive guide for sponsors to ensure proper use of university facilities.

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Versions	Form popularity	Fillable & printable
2018	4.8 Satisfied (150 Votes)
2016	4 Satisfied (38 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the difference between a contract and a MSA agreement?

Sometimes, a contract covers a one-time action between parties, but what happens when the relationships or circumstances are ongoing? When signing parties know they will continue to work together in the future, a Master Service Agreement (MSA) can simplify those future agreements and speed up the negotiation process.

What is a facility usage agreement?

The Facilities Use Agreement is a contract in which the User agrees to abide by specific terms and conditions in order to hold a particular Event at a facility owned or controlled by an Auxiliary Organization or the University.

Is a facility agreement the same as a loan agreement?

Tax considerations on a loan agreementthe tax gross up clauseIt is standard market practice for loan agreements (also known as facility agreements),

What is another name for a loan agreement?

Promissory Note The promissory note is the legal document, signed by the lender and borrower, which details all the loan terms and binds both parties to those terms. It is also sometimes called a loan agreement.

What is the purpose of a facility agreement?

Conditions precedent A facility agreement usually sets out detailed conditions a borrower is required to fulfil prior to a lender advancing any funds. Certain conditions may apply to the initial drawing, and other conditions to subsequent drawings under a facility.

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What is the difference between loan and facility?

A loan is appropriate for a specific requirement such as a home or vehicle. It allows you to budget and settle the debt within a predetermined period of time. Credit facilities, on the other hand, are ideal for day-to-day use, offering flexibility and backup credit at any time.

What is the difference between a loan agreement and a facility agreement?

The agreement sets out the terms and conditions of the agreement. Its often simply called a loan, credit facility agreement, or facility letter. A facility agreement is a short-term loan for a specific amount that does not require collateral. Instead, the borrower pays interest and repays the loan over time.

Facility Use Agreement - Contract 2025

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What is the difference between a contract and a MSA agreement?

What is a facility usage agreement?

Is a facility agreement the same as a loan agreement?

What is another name for a loan agreement?

What is the purpose of a facility agreement?

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What is the difference between loan and facility?

What is the difference between a loan agreement and a facility agreement?

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