Transaction Description Sample Clauses
The Transaction Description clause defines the essential details and scope of the transaction being entered into by the parties. It typically outlines what is being bought, sold, or otherwise transferred, specifying key characteristics such as quantity, quality, price, and delivery terms. By clearly articulating the subject matter and terms of the transaction, this clause ensures both parties have a mutual understanding of their obligations and helps prevent disputes arising from ambiguity or misunderstandings.
Transaction Description. Bidders are required to submit their Proposals in individually sealed envelopes/packages comprising (1) a Technical Proposal and (2) a Financial Proposal, along with all further documentation required in Section 4; • ▇▇▇▇▇▇▇ organized as a Consortium have to submit a Consortium agreement signed amongst all Consortium Members designating the Consortium Leader and specifying the roles of each Consortium Member. A notarized power of attorney by virtue of which each Consortium Member authorizes the Consortium Leader to represent the Consortium and the Consortium Members, sign on their behalf and bind them jointly and severally should be submitted with the Consortium agreement. The notarized power of attorney should be established before a Public Notary in Lebanon and, if established abroad, should be legalized and authenticated by the Lebanese Embassy in the country where it was established; 1 The Business Plan will not be scored in the frame of the award process, however, as a technical Qualification Criterion, it is expected that Bidders outline their respective approaches to the different fields of the envisaged container terminal management, operation and maintenance contract. It should therefore reflect a description of Bidders’ understanding of the scope and their approach to delivering the management, operation and maintenance services. • After the Submission Deadline, the Evaluation Committee will conduct a transparent evaluation process by assessing, successively, the fulfillment of the Eligibility Criteria, the Qualification Criteria, the Technical Proposal and the Financial Proposal; • In the frame of the assessment of the technical Qualification Criteria, the Business Plan submitted by Bidders will be assessed upon its plausibility, reasonable approach and development, mission and vision of the Bidder and although not being subject to a scoring exercise, it should reflect the understanding of the Bidders of the scope of expected services and their approach to meet the expectations; • The Evaluation Committee will establish a ranking of all Proposals which will be headed by the one containing the lowest Container Handling Fee proposed by the Bidders; • Based on the established ranking, the Preferred Bidder will be identified and invited to initiate the procedure leading to the signature of the Contract; • The effectiveness of the Contract is subject, inter alia to the incorporation of a joint stock company in accordance with Section 5.5, the submiss...
Transaction Description. 1. The property (the “Property”) that is the subject of this Document MOU is located in the Ag Park at: ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇, ▇▇▇▇▇▇, ▇▇ • Reference “Building A” in Attachment A – Site & Short Plat Plan
i. A 20,000 square feet, parking, and open space (*size and design subject to change in final construction documents).
2. PROPONENT will have a 120-day due diligence period to assess final building parameters, financial proforma, land lease terms and financial lender underwriting provisions.
3. During the due-diligence period, CITY will not entertain or enter into any other agreements with a third-party for similar purposes defined to and agreed with the PROPONENT.
4. PROPONENT shall have exclusivity to enter a land-lease with CITY for purposes of constructing and operating a building referenced as Building A (A1 & A2) on Attachment A once due-diligence period is waived.
Transaction Description. ▇▇▇▇ ▇▇▇ debits from your checking account will be identified online and on your periodic statement as a “Descriptive Withdrawal” along with Payee information.
Transaction Description. Each Order shall specify quantity, delivery schedule, destination, price and any special requirements necessary to adequately describe the transaction.
Transaction Description. On [●], our Company entered into the Sale and Procurement Framework Agreement with Baiyunshan and GPHL, pursuant to which our Company agreed to, among others, provide warehousing, logistics and transportation, promotion and information consulting services (collectively, the “Provision of Services”) to Baiyunshan, GPHL and their respective associates for a term commencing from the [REDACTED] to 31 December 2023.
Transaction Description. On [●], our Company entered into the Sale and Procurement Framework Agreement with Baiyunshan and GPHL, pursuant to which our Group will, among others, procure various types of pharmaceutical products and medical equipment from Baiyunshan Group, GPHL and their respective associates (the “Procurement Transactions”) for a term commencing from the [REDACTED] to 31 December 2023. Pursuant to the Sale and Procurement Framework Agreement, Baiyunshan, GPHL, our Company or their respective subsidiaries and/or associates shall enter into separate procurement agreements or orders containing details of each procurement and specific payment terms such as payment method and payment schedule which shall be subject to the principles provided in the Sale and Procurement Framework Agreement. The price of each specific types of pharmaceutical products and medical equipment will be determined after arm’s length negotiation between the parties by reference to the historical transaction amounts during the Track Record Period and the prevailing market prices of similar products in the open market, and shall be on normal commercial terms.
Transaction Description. On the Financial Closing Date (as defined below) (i) Highstar will acquire from ENA 100% of the ownership interests in NCPH (the “LLC Interests”) and (ii) the following agreements among ENA, Highstar and/or NCPH will also become effective (and notwithstanding anything herein to the contrary, such agreements shall be deemed to be economically effective from May 1, 2001): (A) certain financial ▇▇▇▇▇▇ to reduce Highstar's exposure to external market fluctuations in connection with the ownership and operation of the Assets; (B) an asset management agreement, whereby ENA will manage the Assets and market all available power generated thereby into the wholesale market; and (C) a brokerage agreement, whereby ENA will act as sole agent in connection with the Sale (as defined below) (collectively, the “Transactions”).
Transaction Description. The services for hire are described as follows: • Dispatch Services
Transaction Description description delivered to the Customer by the Bank constituting an appendix to these Terms and Conditions, containing description of specific Transactions selected by the Customer executed under the Master Agreement.
Transaction Description. The property (the "Property") that is the subject of this Letter is located at: