PROCUREMENT GROUP Clause Samples

The Procurement Group clause defines the collective entity or entities responsible for purchasing goods or services under the agreement. It typically specifies which companies, affiliates, or business units are included in the group and may outline how joint purchasing decisions are made or how orders are consolidated. This clause ensures clarity regarding who is authorized to make purchases, streamlining procurement processes and preventing disputes over purchasing authority.
PROCUREMENT GROUP. 4.1 A Procurement Group shall be formed, consisting of representatives from each of the Initial Parties. The Procurement Group shall act on behalf of the Parties to this Agreement for the purpose of arranging for the construction, implementation and installation of the Wet Segment of the Network and in conjunction with the Management Committee as set forth in this Paragraph 4, be responsible for all actions as may be required to contract with the supplier(s) to provide the Wet Segment of the Network. 4.2 The Co-Chairmen of the Procurement Group are identified in Schedule F. The Co-Chairmen of the Procurement Group shall act as its coordinators and spokesmen and shall from time to time, report to the Management Committee in respect of all the activities of the Procurement Group in accordance with the requirements of the Management Committee. 4.3 The Terms of Reference for the Procurement Group are as set forth in Annex I of this Agreement. 4.4 The Procurement Group shall assume the responsibilities and continue the activities of the Interim Procurement Group established under the MOU in respect of the Interim Procurement Group’s work related to the Network and shall undertake the ongoing tasks of coordinating and managing the overall project during the engineering, provision and construction of the Network. 4.5 In the event that any Subsegment of the Network fails to meet the specifications referred to in the Supply Contract for its provision, fails to provide the specified capacity, or is not engineered, provided, installed and ready in sufficient time to meet the RFPA Date and Network RFPA Date on or before the dates specified in the Supply Contract or, if the supplier(s) are otherwise in material breach of the Supply Contract, the Procurement Group, on behalf of the Parties to this Agreement, shall pursuant to this Paragraph 4 and in accordance with the Supply Contract, take such action as may be necessary to exercise the rights and remedies under the terms and conditions of the Supply Contract. Such actions by the Procurement Group shall be subject to any direction deemed necessary by the Management Committee. 4.6 All decisions and recommendations to the Management Committee made by the Procurement Group in accordance with this Agreement shall be subject, in the first place, to consultation among its members who shall make every effort to reach agreement with respect to matters to be decided. However, in the event agreement cannot be reached, the decisi...
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PROCUREMENT GROUP. China-US CN Segments
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PROCUREMENT GROUP. (a) A Procurement Group shall be formed, comprised of the Initial Parties. This Group shall act as trustees for the Parties and be solely responsible for all actions as may be required to contract, on a joint but not several basis, in shares as agreed between them, with the supplier(s) to provide Segment B of the Cable System. The Procurement Group shall assume the responsibilities and continue the activities of the Initial Procurement Group established under the Initial Agreement in respect of the Initial Procurement Group's work related to the Cable System and shall undertake the on-going tasks of coordinating and managing the overall project during construction. (b) The Procurement Group's terms of reference are contained in Annex 1. (c) No decision of the Procurement Group shall override any provisions of this Agreement or in any way diminish the rights granted to any of the Parties under this Agreement.
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PROCUREMENT GROUP. 1.1 The responsibilities of the Procurement Group (hereinafter called the PG) shall include the following: 1.1.1 Pursue the activities previously undertaken by the Interim Procurement Group under the Memorandum of Understanding of MAYA-1, including; (a) the development of specifications for a cost effective submarine cable system that will satisfy the capacity and the technical requirements of the Parties to this Agreement; (b) the preparation of technical specifications, contract terms and conditions, procedures, and documentation for the solicitation and evaluation of proposals from prospective Suppliers; (c) the recommendation of the Supplier(s) following the analysis, comparison, and evaluation of Suppliers' proposals. 1.1.2 Negotiate and prepare the Supply Contract(s) with the Suppliers pursuant to Paragraph 7 of this Agreement. 1.1.3 Execute the Supply Contract(s) with the Suppliers on behalf of the Parties pursuant to paragraph 7.1 of the Agreement. 1.1.4 Designate Representatives to examine, test and inspect equipment, material, supplies and installation activities. 1.1.5 Co-ordinate and monitor development and construction of Segment S of MAYA-1. Oversee the provision of Segments T1-T8. Review work reports for all Segments. 1.1.6 Be responsible for the interpretation of all provisions of the Supply Contract(s). The General Committee shall be responsible for the interpretation of the provisions concerning damages, warranty and extensions of time. 1.1.7 Review the Supply Contract(s) expenditures to date against budget and provide forecasts to completion. 1.1.8 Review and negotiate variations, amendments and proposed project changes to the Supply Contract(s). Approve such variations, amendments and changes provided that the overall cumulative value of the changes to the Supply Contract(s) does not increase the value of that Supply Contract(s) by more than three percent (3%) of its initial value. Changes exceeding this cumulative value will be referred to the General Committee for approval. All project changes shall be reported to the General Committee. 1.1.9 Develop the specifications for upgrading MAYA-1, if so required by the General Committee 1.1.10 Report on the PG activities quarterly unless otherwise requested by the General Committee.
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PROCUREMENT GROUP. (A) The PG shall be formed, consisting of representatives from AT&T, MARCONI, TELECOM ITALIAand TELEFONICA DE ESPANA. Subject to Paragraph 4, the PG shall act on behalf of the Parties to this Agreement in all procurement matters and be solely responsible for all actions as may be required to contract on a joint, but not several basis with the Supplier(s) to provide Segment S of Columbus III. (B) The responsibilities of the PG are contained in its Terms of Reference listed in Annex 6. (C) In the event that any part of Segment S fails to meet the specifications in the relevant Supply Contract(s) for its provision or is not engineered, provided, installed and ready in sufficient time to permit Segment S to be provisionally accepted on or before the planned RFPA Date, or, if a Supplier(s) is otherwise in material breach of its Supply Contract(s), the PG shall immediately notify the General Committee and take such action as may be necessary to exercise the rights and remedies available under the terms and conditions of the relevant Supply Contract(s). The PG shall also take any other action directly against a Supplier(s) as may be necessary to exercise rights and remedies avaialbe under the relevant Supply Contract(s). Such action by the PG shall be subject to its Terms of Reference and to any direction deemed necessary by the General Committee. (D) Upon request, each of the Parties shall be entitled to receive a copy of the Supply Contract(s), at the requesting Party's expense and pursuant to the terms Paragraph 22 of this Agreement. (E) The PG shall not be liable to any other Party for any loss or damage sustained by reason of the Supplier(s)' failure to perform in accordance with the terms and conditions of the Supply Contract(s), or as a result of Segment S of Columbus III not being ready for provisional acceptance on or before the planned RFPA Date, or if Columbus III does not perform in accordance with the technical specifications and other requirements of the Supply Contract(s), or if Columbus III is not placed into operation. The Parties to this Agreement recognize that the PG does not guarantee or warrant: i) the performance of the Supply Contract(s) by the Supplier(s), or ii) the performance or reliability of Segment S of Columbus III, or iii) that Columbus III will be placed into operation, and the Parties hereby agree that nothing in this Agreement shall be construed as such a warranty or guarantee.
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PROCUREMENT GROUP. China-US CN Segments
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Related to PROCUREMENT GROUP

  • Procurement All goods, works and services required for the Project and to be financed out of the proceeds of the Financing shall be procured in accordance with the provisions of Section III of Schedule 2 to the Financing Agreement.

  • Procurement Planning Prior to the issuance of any invitations to bid for contracts, the proposed procurement plan for the Project shall be furnished to the Association for its review and approval, in accordance with the provisions of paragraph 1 of Appendix 1 to the Guidelines. Procurement of all goods and works shall be undertaken in accordance with such procurement plan as shall have been approved by the Association, and with the provisions of said paragraph 1.

  • PROCUREMENT CARD The State has entered into an agreement for purchasing card services. The Purchasing Card enables Authorized Users to make authorized purchases directly from a Contractor without processing Purchase Orders or Purchase Authorizations. Purchasing Cards are issued to selected employees authorized to purchase for the Authorized User and having direct contact with Contractors. Cardholders can make purchases directly from any Contractor that accepts the Purchasing Card. The Contractor shall not process a transaction for payment through the credit card clearinghouse until the purchased Products have been shipped or services performed. Unless the cardholder requests correction or replacement of a defective or faulty Product in accordance with other Contract requirements, the Contractor shall immediately credit a cardholder’s account for Products returned as defective or faulty.

  • PROCUREMENT LOBBYING To the extent this agreement is a "procurement contract" as defined by State Finance Law Sections 139-j and 139-k, by signing this agreement the contractor certifies and affirms that all disclosures made in accordance with State Finance Law Sections 139-j and 139-k are complete, true and accurate. In the event such certification is found to be intentionally false or intentionally incomplete, the State may terminate the agreement by providing written notification to the Contractor in accordance with the terms of the agreement.

  • NETLINK MANAGEMENT PTE LTD. (in its capacity as trustee of NetLink Trust) (Company Registration Number: 201704784C), a company incorporated in Singapore with its registered address at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ Road, #07-03 Viva Business Park Singapore 469005 (“NLT”) AND