PROPOSAL OR QUOTATION Sample Clauses

The "Proposal or Quotation" clause defines the process by which one party formally offers goods or services to another, typically outlining the scope, pricing, and terms of the proposed work. This clause clarifies that any proposal or quotation provided is not a binding contract until accepted in writing by the receiving party, and may specify how long the offer remains valid or under what conditions it can be withdrawn. Its core function is to ensure both parties understand that initial proposals are preliminary and non-binding, thereby preventing misunderstandings or disputes over whether a contract has been formed.
PROPOSAL OR QUOTATION. A proposal shall not become binding up on Seller until it has been executed and returned by Purchaser. An oral quotation shall not be considered an offer: only a written confirmation thereof incorporating Seller’s terms and conditions shall constitute an offer.
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PROPOSAL OR QUOTATION. A proposal shall not become binding upon Seller until it has first been accepted by Purchaser and second, been approved and accepted by Seller as provided herein in Section 3. A quotation shall not be considered as an offer, but the basis for an order from Purchaser which is subject to acceptance by Seller as provided in Section 3.
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PROPOSAL OR QUOTATION. A proposal shall not become binding upon Iwaki America until it has been executed and returned by Purchaser. An oral quotation shall not be considered an offer: only a written confirmation thereof incorporating Iwaki America’s terms and conditions shall constitute anoffer.
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Related to PROPOSAL OR QUOTATION

  • Listings or Quotation The Company shall promptly secure the listing or quotation of the Conversion Shares upon each national securities exchange, automated quotation system or The National Association of Securities Dealers Inc.'s Over-The-Counter Bulletin Board ("OTCBB") or other market, if any, upon which shares of Common Stock are then listed or quoted (subject to official notice of issuance) and shall use its best efforts to maintain, so long as any other shares of Common Stock shall be so listed, such listing of all Conversion Shares from time to time issuable under the terms of this Agreement. The Company shall maintain the Common Stock's authorization for quotation on the OTCBB.

  • REQUEST FOR QUOTATION (RFQ) A type of Bid Document that can be used when a formal Bid opening is not required (e.g., discretionary, sole source, single source or emergency purchases).

  • Nasdaq Quotation The Company agrees to use commercially reasonable efforts to continue the quotation of the Company Common Stock on The Nasdaq Stock Market during the term of this Agreement.

  • Rate Quotations The Borrower may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders nor affect the rate of interest which thereafter is actually in effect when the election is made.

  • Request for Quotes 9.1 Customers needing information technology staff augmentation services will create a Request for Quote eQuote event in MFMP Sourcing, each time they desire to solicit information technology staff augmentation services. The Customer shall issue a detailed RFQ that includes a term, service levels, educational qualifications and experience needed. 9.2 The Customer shall select at least one (1) awarded Contractor for the RFQ event. MFMP Sourcing will automatically add an additional twenty-five (25) randomly selected awarded Contractors to the RFQ event. All twenty-six (26) awarded Contractors sent the RFQ will receive a notification of the RFQ and may respond. Customers may view the RFQ Contractor List on the event’s “Overview” tab. 9.3 Pursuant to section 287.056(2), F.S., RFQs performed within the scope of this Contract are not independent competitive solicitations and are not subject to the notice or challenge provisions of section 120.57(3), F.S. 9.4 All Customers who utilize MFMP must use the MFMP Sourcing application for creating RFQ’s on this contract. Customers who do not utilize MFMP will create a RFQ document each time they desire to solicit information technology staff augmentation services and shall send the RFQ document electronically via email to at least (25) awarded or prequalified Contractors.