Common use of Period of validity Clause in Contracts

Period of validity. The Rate Contract will be valid for period of two year from the date of issue date of Rate Contract. It may be further extended after approval of competent authority till the finalization of new rate contract, if required.

Appears in 23 contracts

Sources: Rate Contract for Supply of Consumables, Rate Contract, Rate Contract

Period of validity. The Rate Contract will be valid for period of two year from the date of issue date of Rate Contract. It may be further extended after approval for a maximum period of competent authority one year or till the finalization of new rate contractcontract whichever earlier, if required.

Appears in 9 contracts

Sources: Rate Contract, Rate Contract, Rate Contract

Period of validity. The Rate Contract will be valid for period of two year from the date of issue date of Rate Contract. It may be further extended after approval for a maximum period of competent authority one year or till the finalization of new rate contractcontract whichever earlier, if required.

Appears in 2 contracts

Sources: Rate Contract for Orthopaedics Implants, Rate Contract for Dental Consumables and Disposables

Period of validity. The Rate Contract will be valid for period of two year from the date of issue date of Rate Contract. It may be further extended after approval of competent authority for 1 year or till the finalization of new rate contractcontract after approval of competent authority, if required.

Appears in 1 contract

Sources: Rate Contract for Supply of Consumables

Period of validity. The Rate Contract will be valid for period of two year from the date of issue date of Rate Contract. It may be further extended after approval of competent authority till the finalization of new rate contract, if requiredrequired on the basis of satisfactory performance.

Appears in 1 contract

Sources: Supply Agreement