Description of the Contract Clause Samples

Description of the Contract. 1.1.1 Subject Matter of the Agreement
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Description of the Contract. NRC intend to contract reputable suppliers for 1-year, fixed price framework agreements with one or more selected suppliers. Suppliers should therefore use ANNEX A to provide the unit cost for each item listed below. NRC will then issue separate purchase orders against the contract that is signed with the selected supplier(s). Each purchase order will specify the exact quantity required. NRC may order as much or as few of each item as they require over the course of the contract. Regular purchase orders will be issued on an ‘as needed basis, with the quantity on each order varying. This tender procedure is divided into lots. Bidders can submit an offer for one, several or all lots. Offers must clearly show what lots are included. NRC may award all LOTS to a single bidder or award each LOT to a different bidder. This decision will be made by a procurement committee based on a technical and financial evaluation of all bids received. Bids submitted must therefore be valid even if your company is selected for just 1 of the LOTS you have made an offer.
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Description of the Contract. NRC intend to contract reputable suppliers for 1-year, fixed price framework agreements with one or more selected suppliers. Suppliers should therefore use ANNEX A to provide the unit cost for each item listed below. NRC will then issue separate purchase orders against the contract that is signed with the selected supplier(s). Each purchase order will specify the exact quantity required. NRC may order as much or as few of each item as they require over the course of the contract. Regular purchase orders will be issued on an ‘as needed basis, with the quantity on each order varying. This tender procedure is divided into lots. Bidders can submit an offer for one, several or all lots. Offers must clearly show what lots are included. NRC may award all LOTS to a single bidder or award each LOT to a different bidder. This decision will be made by a procurement committee based on a technical and financial evaluation of all bids received. Bids submitted must therefore be valid even if your company is selected for just 1 of the LOTS you have made an offer. The selected supplier will be responsible for the cost and risks for: • Provision of goods in-line with the technical specifications agreed • Loss and damage while loading and unloading • Loss and damage while transporting the items to the exact required location NRC will be responsible for: • Issuing separate Purchase Orders against the agreement • Monitoring the performance and quality of all aspects of the supply under this contract • Making payments to the Contractor on satisfactory completion of all required items
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Description of the Contract. 1.1. The seller, for a fee, grants the Acquirer the right to use the electronic content (hereinafter referred to as the “Content”) in the form of access to a closed web page protected by login and password. After payment, the seller provides a username and password from this page. 1.2. This Agreement may be accepted by paying a fee for the right to use the selected Content on the basis of an order placed on the seller’s website. The payment of the fee confirms the acquaintance of the Acquirer with this Agreement, acceptance of its terms and conditions and acceptance. The agreement accepted by the Acquirer does not require subsequent paperwork, has legal force and is considered concluded by the Parties in simple writing. 1.3. This Agreement applies to any Content, the possibility of acquiring rights to use of which is presented on the Site at the time of acceptance. 1.4. The contract is valid till the Parties fulfill their obligations completely.
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Description of the Contract. We issue the Contract to the Contract Owner to provide Investment Options and other benefits in connection with a Plan. Typically, the Plan is a governmental deferred compensation plan receiving favorable tax treatment under section 457(b) of the Internal Revenue Code or a defined contribution plan receiving favorable tax treatment under section 401(a) of the Internal Revenue Code. However, we may issue the Contract in connection with other employer sponsored benefit plans. This Brochure describes some of the important terms of the Contract between Nationwide and the Contract Owner. You should read the Contract for a full description of its terms. The Contract does not create any contractual rights or obligations between us and the Participants. The Contract is not a trust, and its terms (and Nationwide’s performance of its terms) do not create any fiduciary relationship between Nationwide or any of its affiliates and the Contract Owner, the Plan, or any of the Participants. The Plan and its Participants exercise all authority and control respecting the management and disposition of any Plan assets. Nationwide and its affiliates do not and will not act as a fiduciary for the Plan or exercise discretion over assets of the Plan. The only legal relationship is between Nationwide and the Contract Owner, and that relationship is limited to the terms of the Contract. The Contract Owner or Nationwide may terminate the Contract under certain circumstances and transfer Participant Accounts to a successor that provides Investment Options. Unless otherwise specified in the Contract, termination of the Contract ends all benefits under the Contract. The Contract is not a part of the Plan. Rights to receive benefits and tax treatment of benefits are not governed by the Contract, but instead are determined by the Plan. The Contract may be accompanied by one or more Variable Accounts. Singular references to Variable Account will also include the plural. A Variable Account is a segregated asset account we established under Ohio law. A Variable Account has its own income, gains, and losses based on its own investment experience. The Variable Account’s assets are held separately from our assets and are not chargeable with liabilities incurred in any of our other business. Purchase Payments allocated to the Variable Account are not Plan assets. We are obligated to accept those Purchase Payments, and to pay benefits, in connection with the Variable Account under the terms of t...
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Description of the Contract specifications, plans and drawing details for performing the work and the proposed changes.
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Description of the Contract. The Contract is an ALTSC to provide operating subsidy for rental assistance to be provided by DCHA on affordable housing units owned and operated by the Owner pursuant to the Local Rent Supplement Program established under Title II of the Fiscal Year 2007 Budget Support Act of 2006.
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Description of the Contract. The Contract supports the implementation of the Civil Works for the execution of infrastructure and landscaping works in Al Nada Neighbourhood.
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Related to Description of the Contract

  • Duration of the contract framework agreement or dynamic purchasing system II.2.10) Information about variants II.2.11) Information about options

  • Variation of the contract The parties undertake not to vary or modify the Clauses. This does not preclude the parties from adding clauses on business related issues where required as long as they do not contradict the Clause.

  • SCOPE OF THE CONTRACT The Contractor shall perform the Services set out [in Schedule 1] [below2] in accordance with the Contract. [The Contractor’s key personnel assigned to perform the Services are: [provide a list] During the provision of the Services, if substitution of Contractor’s [key personnel] [experts] is necessary, the Contractor shall propose other experts or at least the same level of qualifications for approval by the Fund. [The Contractor shall obtain the Fund’s prior approval in writing before entering into a subcontract for engaging a subconsultant for the performance of any part of the Services.]

  • Termination of the Contract 1. The Contractor may terminate the contract if the Partner has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Partner by registered letter has remained without effect for one month. 2. The Partner shall immediately notify the Contractor, supplying all relevant information, of any event likely to prejudice the performance of this contract.

  • – SUSPENSION OF THE CONTRACT Without prejudice to the Agency's right to terminate the Contract, the Agency may at any time and for any reason suspend execution of the tasks under the Contract or any part thereof. Suspension shall take effect on the day the Contractor receives notification by registered letter with acknowledgment of receipt or equivalent, or at a later date where the notification so provides. The Agency may at any time following suspension give notice to the Contractor to resume the work suspended. The Contractor shall not be entitled to claim compensation on account of suspension of the Contract or of part thereof.