Rate Contract Sample Clauses
A Rate Contract clause establishes predetermined prices or rates for specific goods or services over a defined period. This clause typically applies to ongoing supply arrangements, where a buyer and seller agree that all purchases within the contract term will be made at the agreed rates, regardless of market fluctuations. By locking in prices, the clause provides cost predictability and stability for both parties, reducing the risk of price disputes and simplifying procurement processes.
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Rate Contract. This is a Rate Contract whereby the prices are fixed, but the quantity to be supplied during the currency of the Rate Contract is not fixed and will be envisaged by the Direct Demanding Officers based on their actual requirement from time to time as per approval and duly concurred Materials Budgets Fund.
Rate Contract. (No Maximum Obligation) Attach details of all rates, units, calculations, conditions or terms and any changes if rates or terms are being amended.)
Rate Contract. This is a Rate Contract wherein the prices are fixed but the quantity to be supplied during the currency of this Rate Contract is not fixed and will be on as and when required basis. However, total estimated Off-take for the subject Rate Contract during the validity period of the RC (i.e. for Two Years from the date of issue of RC) will be 62,30,511.25 (Rupees Sixty Two Lakhs Thirty Thousands Five Hundred Eleven & Paise Twenty Five) only (Total Off-take Value for all DDO’s together). As soon as this limit of 62,30,511.25 (Rupees Sixty Two Lakhs Thirty Thousands Five Hundred Eleven & Paise Twenty Five) only is reached, you must intimate to the office of the GM(MM) for further necessary action and you should not accept any further order from any DDO’s without specific clearance from the office of the GM(MM).
Rate Contract. This is a Rate Contract wherein the price is fixed but the quantity to be supplied during the currency of this Rate Contract is not fixed and will be on as and when required basis. However, total estimated Off-take for the subject Rate Contract during the validity period of the RC (i.e. for Two Years from the date of issue of RC) will be Rs.1,03,75,248.00 (Rupees one crore three lakhs seventy five thousands tow hundred forty eight) only (Total Off-take Value for all DDO’s together). As soon as this limit of Rs.1, 03, 75,248.00 is reached, you must intimate to the office of the GM(MM) for further necessary action and you should not accept any further order from any DDO’s without specific clearance from the office of the GM(MM).
Rate Contract. This is a Rate Contract whereby the prices are fixed but the quantity to be supplied during the currency of this Rate Contract is not fixed and will be on as and when required basis.
Rate Contract. This is a Rate Contract wherein the prices are fixed but the quantity to be supplied during the currency of this Rate Contract is not fixed and will be on as and when required basis. However, total estimataed Off-take for the subject Rate Contract during the validity period of the RC (i.e for two Years from the date of issue of RC) will be Rs. 1,66,642.79 only (Total Off-take value for all DDO’s together) As soon as this limit of Rs. 1,66,642.79 is reached, you must intimate to the office of GM (MM) for further necessary action and you should not accept any further order from any DDO;s without specific clearance from the office of the GM (MM).
Rate Contract. Unsecured Rate Contracts entered into by the Company with respect to variable rate Indebtedness permitted hereunder; and
Rate Contract. This is a Rate Contract wherein the prices are fixed but the quantity to be supplied during the currency of this Rate Contract is not fixed and will be on as and when required basis. However, total estimated Off-take for the subject Rate Contract during the validity period of the RC (i.e. for One Year from the date of issue of RC) will beRs.24,87,555/-(Rupees Twenty Four Lakhs Eighty Seven Thousands Five Hundred Fifty Five)onlyall inclusive (Total Off-take Value for all the DDO’s together). As soon as this limit of Rs.24,87,555/-(Rupees Twenty Four Lakhs Eighty Seven Thousands Five Hundred Fifty Five), all inclusive, is reached, you must intimate to the office of theGM (MM) for further necessary action and you should not accept any further order from any DDO’s without specific clearance from the office of theGM (MM).
Rate Contract. Borrower shall have entered into a Rate Contract on terms satisfactory to Agent in a minimum amount of $100,000,000 for a minimum of five (5) years from the period commencing thirty (30) days following the Closing Date, together with any additional documents required by Agent in connection with such Rate Contract.
Rate Contract. This is a Rate Contract wherein the prices are fixed but the quantity to be supplied during the currency of this Rate Contract is not fixed and will be on as and when required basis. However, total estimated Off-take for the subject Rate Contract during the validity period of the RC (i.e. for One Year from the date of issue of RC) will beRs.30,88,000.00(Rupees Thirty Lakhs Eighty Eight Thousands) only exclusive of applicable GST(Total Off-take Value for all the DDO’s together). As soon as this limit of Rs.30,88,000.00 (Rupees Thirty Six Lakhs Forty Three Thousands Eight Hundred Forty), exclusive of applicable GST,is reached, you must intimate to the office of theGM (MM) for further necessary action and you should not accept any further order from any DDO’swithout specific clearance from the office of theGM (MM).