Binding Contract definition

Binding Contract. We understand that this Tender, together with your written acceptance thereof included in your Letter of Acceptance, shall constitute a binding contract between us, until a formal contract is prepared and executed; Procuring Entity Not Bound to Accept: We understand that you are not bound to accept the lowest evaluated cost Tender, the Best Evaluated Tender or any other Tender that you may receive; and Fraud and Corruption: We hereby certify that we have taken steps to ensure that no person acting for us or on our behalf engages in any type of Fraud and Corruption. Code of Ethical Conduct: We undertake to adhere by the Code of Ethics for Persons Participating in Public Procurement and Asset Disposal, copy available
Binding Contract means any grant, endowment, settlement agreement,
Binding Contract shall have the meaning assigned to such term in the definition ofExcess Cash Flow.”

Examples of Binding Contract in a sentence

  • Binding Contract: This Contract shall not be binding until signed by both parties.

  • That Agreement is a Binding Contract: I represent that I am at least 18 years of age, and that I have the capacity to understand and be bound by all of the provisions of this Agreement.

  • The Services are not available to Organizations which are not authorized or legally entitled to enter into a Binding Contract.

  • Entrants must be a company or other entity duly and legally organized in their jurisdiction, and capable of entering into a Binding Contract (defined below) with the Sponsor.

  • Binding Contract This Deposit Agreement and Disclosures, along with any other documents we give you pertaining to your Account(s), is a binding contract that establishes rules that govern your deposit Account and relationship with us.


More Definitions of Binding Contract

Binding Contract. This Contract shall be binding upon the Parties hereto and upon their successors and assigns, and shall inure to the benefit of the Parties and their successors and assigns.
Binding Contract. This contract is binding on the parties hereto, their successors, executors, administrators and heirs and may not be altered or amended except in writing signed by all of the parties hereto.
Binding Contract means any grant, endowment, settlement agreement, commercial contract, or other legally enforceable agreement entered into by or on behalf of an institution;
Binding Contract includes any grant, endowment, settlement agreement,
Binding Contract. We understand that this Tender, together with your written acceptance thereof included in your Form of Acceptance, shall constitute a binding contract between us, until a formal contract is prepared and executed; • Not Bound to Accept: We understand that you are not bound to accept the lowest evaluated cost Tender,the Best Evaluated Tender or any other Tender that you may receive; and • Fraud and Corruption: We hereby certify that we have taken steps to ensure that no person acting forus or on our behalf engages in any type of Fraud and Corruption. • Collusive practices: We hereby certify and confirm that the tender is genuine, non-collusive and made with the intention of accepting the contract if awarded. To this effect we have signed the “Certificate ofIndependent tender Determination” attached below.
Binding Contract means a contract which is binding under applicable state law;
Binding Contract means a contract which: