Common use of Acceptance of Standing Quotations Clause in Contracts

Acceptance of Standing Quotations. 8.1 The successful Seller(s) will receive notification by letter of acceptance of their Standing Quotations from the Authority. Sellers who do not receive any notification within 180 days after the Closing Date may assume that their Standing Quotation Submissions have not been accepted. 8.2 Seller(s) whose Standing Quotation(s) are accepted will be bound to supply Goods to the Authority/Hospitals pursuant to Purchase Orders placed by the Authority/Hospitals against their Standing Quotations or under the Consignment Stock Scheme as described in Part II, on an “as and when required” basis, during the Validity Period and upon the terms and conditions of this Invitation to Quote. The Purchase Orders issued by the Authority/Hospital are subject to the terms and conditions of this Invitation to Quote. 8.3 Sellers should note that the Authority/Hospital is not bound to place orders against any Standing Quotations during the Validity Period and reserves the right to place orders against any part of their Standing Quotations as and when required during the Validity Period, or from other sellers.

Acceptance of Standing Quotations. 8.1 The successful Seller(s) will receive notification by letter of acceptance of their Standing Quotations from the Authority. Sellers who do not receive any notification within 180 days after the Closing Date may assume that their Standing Quotation Submissions have not been accepted. 8.2 Seller(s) whose Standing Quotation(s) are accepted will be bound to supply Goods to the Authority/Hospitals pursuant to Purchase Orders placed by the Authority/Hospitals against their Standing Quotations or under the Consignment Stock Scheme as described in Part IIII (Quotation Subject Matter), on an “as and when required” basis, during the Validity Period and upon the terms and conditions of this Invitation to Quote. The Purchase Orders issued by the Authority/Hospital are subject to the terms and conditions of this Invitation to Quote. 8.3 Sellers should note that the Authority/Hospital is not bound to place orders against any Standing Quotations during the Validity Period and reserves the right to place orders against any part of their Standing Quotations as and when required during the Validity Period, or from other sellers.

Acceptance of Standing Quotations. 8.1 9.1 The successful Seller(s) will receive notification by letter of acceptance of their Standing Quotations from the Authority. Sellers who do not receive any notification within 180 days after the Closing Date may assume that their Standing Quotation Submissions have not been accepted. 8.2 9.2 Seller(s) whose Standing Quotation(s) are accepted will be bound to supply Goods to the Authority/Hospitals pursuant to Purchase Orders placed by the Authority/Hospitals against their Standing Quotations or under the Consignment Stock Scheme as described in Part IIII (Quotation Subject Matter), on an “as and when required” basis, during the Validity Period and upon the terms and conditions of this Invitation to Quote. The Purchase Orders issued by the Authority/Hospital are subject to the terms and conditions of this Invitation to Quote. 8.3 9.3 Sellers should note that the Authority/Hospital is not bound to place orders against any Standing Quotations during the Validity Period and reserves the right to place orders against any part of their Standing Quotations as and when required during the Validity Period, or from other sellers.

Acceptance of Standing Quotations. 8.1 The successful Seller(s) will receive notification by letter of acceptance of their Standing Quotations from the Authority. Sellers who do not receive any notification within 180 120 days after the Closing Date may assume that their Standing Quotation Submissions have not been accepted. 8.2 Seller(s) whose Standing Quotation(s) are accepted will be bound to supply Goods to the Authority/Hospitals pursuant to Purchase Orders placed by the Authority/Hospitals against their Standing Quotations or under the Consignment Stock Scheme as described in Part II, on an “as and when required” basis, during the Validity Period and upon the terms and conditions of this Invitation to Quote. The Purchase Orders issued by the Authority/Hospital are subject to the terms and conditions of this Invitation to Quote. 8.3 Sellers should note that the Authority/Hospital is not bound to place orders against any Standing Quotations during the Validity Period and reserves the right to place orders against any part of their Standing Quotations as and when required during the Validity Period, or from other sellers.