SALES FRAMEWORK AGREEMENT Clause Samples

A Sales Framework Agreement is a contract that establishes the overarching terms and conditions governing multiple sales transactions between parties over a set period. It typically outlines key commercial terms such as pricing, delivery schedules, payment terms, and quality standards, which will apply to all future individual sales orders made under the agreement. By setting these standardized terms in advance, the agreement streamlines the negotiation process for each transaction and reduces the risk of disputes, ensuring consistency and efficiency in ongoing business relationships.
SALES FRAMEWORK AGREEMENT. On 10 December 2024, the Company entered into the Sales Framework Agreement with Dongfang Electric Corporation, pursuant to which the Group will sell products and services to Dongfang Electric Corporation, the details of which are as follows.
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SALES FRAMEWORK AGREEMENT. On 11 December 2020, Sichuan Honghua and Jiangsu Offshore entered into the Sales Framework Agreement with a term commencing on 1 January 2021 and expiring on 31 December 2021, pursuant to which Sichuan Honghua and its associates will sell finished products including equipment, parts, components or raw materials and engineering equipment and other related or similar goods and provide technical testing and related services to Jiangsu Offshore and its associates.
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SALES FRAMEWORK AGREEMENT the terms of the 2025 Automobiles Sales Framework Agreement;
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SALES FRAMEWORK AGREEMENT. The principal terms of the Sales Framework Agreement are set out as below: Date: 30 March 2017
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SALES FRAMEWORK AGREEMENT. On 30 September, 2022, the Company entered into the Sales Framework Agreement with DFEC, pursuant to which, the Group will sell products and services to DFEC Group, the details of which are as follows. The principal terms of the Sales Framework Agreement are summarised as follows: Date: 30 September 2022 1) The Company (as the Seller and on behalf of its subsidiaries); and 2) DFEC (as the Purchaser, for itself and on behalf of its subsidiaries and associates) Term: From 26 October 2022 to 31 December 2024 Subject matter: The Group will sell products (including but not limited to structural parts such as weldments products for containers, steel structure products, semi-finished products, accessories, equipments such as fuel tank, oil tank and pressure vessels, parts and components and others) and provide services (including but not limited to processing services, technical services, inspection and testing services, sales of electronic control, electric machinery products and after-sales services, engineering services and others) to DFEC Group. The relevant terms for the provision of the products and services by the Group to DFEC Group will be determined based on the nature of each transaction. The details of pricing will be determined by taking into account comprehensive factors such as the quality, payment terms and transportation conditions of the products and services provided by the Group in accordance with DFEC Group’s request on the specifications of the relevant products and services, after the arm’s length negotiation with reference to the prevailing market prices (including the quotation for similar products and services offered by Independent Third Parties), and on normal commercial terms and terms no less favourable than terms of the transactions between the Group and Independent Third Parties. Furthermore, prices payable by DFEC Group to the Group for the products and services shall be determined as follows: (a) where there are market prices for the relevant products and services, the prices shall be determined with reference to the prevailing market prices, which is: (i) price offered by the Group to an Independent Third Party customer in respect of the supply or provision of the same or similar products or services on normal commercial terms in the ordinary course of business. In terms of product prices, pricing is generally based on the estimated costs (including but not limited to raw material costs, labor costs and other production related ...
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SALES FRAMEWORK AGREEMENT. On 29 March 2016, ▇▇▇▇ Metal (a non-wholly subsidiary of the Company) and ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ entered into the Sales Framework Agreement, pursuant to which ▇▇▇▇ Metal will supply certain products to Huangshi Hongbo subject to the terms of the Sales Framework Agreement. The principal terms of the Sales Framework Agreement are set out below: Date: 29 March 2016 (1) ▇▇▇▇ Metal (2) ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Nature of transactions: ▇▇▇▇ Metal will supply certain products to ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, including copper cathodes and such other products as agreed by the parties from time to time subject to the terms of the Sales Framework Agreement.
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SALES FRAMEWORK AGREEMENT. Pursuant to the Sales Framework Agreement, the Company will and will procure that other members of the Enlarged Group will supply certain products and materials to the Parent Company and its subsidiaries.
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SALES FRAMEWORK AGREEMENT. On 2 January 2024 (after trading hours), Century Sunshine and Xiamen C&D entered into the Sales Framework Agreement with a term from the Effective Date to 31 December 2026, pursuant to which, Century Sunshine Group agrees to sell to Xiamen C&D Group the packaging paper products that Century Sunshine Group produces. The principal terms of the Sales Framework Agreement are described below: Date: 2 January 2024 (after trading hours) Parties: (i) Xiamen C&D, as the purchaser; and
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Related to SALES FRAMEWORK AGREEMENT

  • 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.

  • SCOPE OF FRAMEWORK AGREEMENT 3.1 This Framework Agreement governs the relationship between the Authority and the Supplier in respect of the provision of the Services by the Supplier to the Authority and to Other Contracting Bodies.

  • FRAMEWORK AGREEMENT MANAGEMENT The Parties shall manage this Framework Agreement in accordance with Schedule 14 (Framework Management).

  • 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.