FRAMEWORK TERM Sample Clauses

The Framework Term clause establishes the overall duration during which the agreement or framework contract remains in effect. Typically, it specifies a start date and an end date, or outlines conditions under which the term may be extended or renewed. This clause ensures that both parties are clear about the period during which their rights and obligations under the agreement apply, thereby preventing misunderstandings about when the contract is active or when it may expire.
POPULAR SAMPLE Copied 1 times
FRAMEWORK TERM. 1.3.1 The Framework Agreement shall be established for a term of four (4) years unless it is otherwise terminated in accordance with the provisions of this Framework Agreement.
View SourceView Similar (3)
FRAMEWORK TERM. From and including the date at 1.3 above (Appointment starts at) to and including the date at 1.4 above (Appointment ends at).
View SourceView Similar (4)
FRAMEWORK TERM. 2.2.1 The Framework Agreement shall take effect on the Effective Date9. This Framework Agreement shall be established for a term of two (2) years with the option, at the sole discretion of the LGOPC, to extend the term of this Framework Agreement for two (2) further periods of one (1) year each unless it is otherwise terminated in accordance with the provisions of this Framework Agreement.
View SourceView Similar (3)
FRAMEWORK TERM. 1.3.1 This Framework Agreement shall take effect on receipt by the LGOPC of a valid acceptance by the Tenderer of the terms of this Framework Agreement in the manner set out at Paragraph E of the Recitals herein. 1.3.2 This Framework Agreement shall be established for a term of two years from the Effective Date with the option, at the sole discretion of the LGOPC, to extend the term for two further periods of one year each unless it is otherwise terminated in accordance with the provisions of this Framework Agreement. 1.3.3 The extension of the term shall not necessitate the re-execution or re-affirmation of this Framework Agreement by the Economic Operator which terms shall continue in force for the duration of the extended term.
View Source

Related to FRAMEWORK TERM

  • Framework Agreement 4.1.2.1 The Parties shall enter into a Framework Agreement within 28 days after the Contractor receives the Letter of Acceptance, unless the Particular Conditions establish otherwise. The Framework Agreement shall be based upon FORM No. 3 – FRAMEWORK AGREEMENT annexed to the Particular Conditions. The costs of stamp duties and similar charges (if any) imposed by law in connection with entry into the Framework Agreement shall be borne by the Procuring Entity. 4.1.2.2 The Framework Agreement establishes the terms and conditions that will govern the contract awarded during the term of the Framework Agreement. The Framework Agreement establishes for the procurement works by package as and when required, over the specified period of time. The Framework Agreement does not commit a Procuring Entity to procure, nor a Firm to supply. The Framework Agreement allows the Procuring Entity to call the Contractor to commence the works on a particular package in a specified location within the duration of the agreement. 4.1.2.3 This Framework Agreement does not guarantee the contractor of being called for a contract to start and no commitment is made with regard to possible number of packages to carry out. 4.1.2.4 This Framework Agreement does exclude the Procuring Entity from the right to procure the same Works from other firms. 4.1.2.5 This Framework Agreement does not stop the Procuring Entity from removing the contractor from the same Agreement. 4.1.2.6 FAs shall be established for a maximum period of three (3) years. The Procuring Entity may with the Consent of the Contractor extend this Agreement if the agreement period is less than three (3) years, if the initial engagement has been satisfactory. 4.1.2.7 Call-off Contracts; for work on a package to start, the Procuring Entity shall issue a notice of acceptance of a particular package requesting the contractor to furnish a Performance Security and to start the works thereafter, and providing the contractor with details of location where the works, are to be carried out. The call-off statement shall specify the objectives, tasks, deliverables, timeframes and price or price mechanism. The price for individual call-off contracts shall be based on the prices detailed in the Framework Agreement.

  • TERM OF FRAMEWORK AGREEMENT The Framework Agreement shall take effect on the Commencement Date and (unless it is otherwise terminated in accordance with the terms of this Framework Agreement or it is otherwise lawfully terminated) shall terminate at the end of the Term.

  • Construction Phase Services 3.1.1 – Basic Construction Services

  • Commencement of Work Engineer shall not commence any field work under this Contract until he/she/it has obtained all required insurance and such insurance has been approved by County. As further set out below, Engineer shall not allow any subcontractor/subconsultant(s) to commence work to be performed in connection with this Contract until all required insurance has been obtained and approved and such approval shall not be unreasonably withheld. Approval of the insurance by County shall not relieve or decrease the liability of Engineer hereunder.

  • Term of Contract; Contract Extension The Contract will be in effect from the Effective Date (15 December 2016) through 31 December 2018. DAS, in its sole discretion, may extend this Contract for additional terms beyond the original term, prior to Termination or expiration, one or more times for a combined total period not to exceed the complete length of the original term.