CANCELLATION OF TENDER Sample Clauses

CANCELLATION OF TENDER. The Purchaser reserves the right to cancel/withdraw the tender in toto or part and or award the contract / order in full or part without assigning any reason whatsoever and without thereby incurring any liability to the affected Bidder or Bidders or any obligations to inform the affected Bidder or Bidders of the grounds for MDL action. 15.
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CANCELLATION OF TENDER. 1. Not withstanding anything specified in this tender document, Purchaser / IIT Bombay in his sole discretion, unconditionally and without assigning any reasons, reserves the rights: MMD, IIT Bombay a) To accept OR reject lowest tender or any other tender or all the tenders. b) To accept any tender in full or in part. c) To reject the tender offer not confirming to the tenders terms. 2. To give purchase preference to Public Sector undertakings when applicable as per Govt. Policy/Guidelines. 3. Offer which deviates from the vital conditions (as illustrates below) of the tender shall be rejected: a) Non-submission of complete offers. b) Receipt of offers after due date and time and or by email / fax (unless specified otherwise). c) Receipt of offers in open conditions.4.Conditional Tenders and Unsigned Tenders will also be rejected
Sample 1Sample 2
CANCELLATION OF TENDER. 3.5.1. Notwithstanding anything specified in this tender document, Purchaser / NIPER-Hajipur in its sole discretion, unconditionally and without assigning any reason, reserves the rights to: [i] Accept OR reject lowest tender or any other tender or all the tenders. [ii] Accept any tender in full or in part. [iii] Reject the tender offer not confirming to the tenders terms. 3.5.2. Offer which deviates from the vital conditions (as illustrates below) of the tender shall be rejected: To give purchase preference to Public Sector undertakings when applicable as per Govt. Policy/ Guidelines. [i] Non-submission of complete offers. [ii] Receipt of offers after due date and time and or by email / fax (unless specified otherwise). [iii] Receipt of offers / bids in open conditions i.e., unsealed / poorly sealed conditions. [iv] Conditional Tenders and Unsigned Tenders. [v] When effective competition is lacking. [vi] When all bids and proposals are not substantially responsive to the requirements of the Procurement documents. [vii] When the bids’ / proposals’ prices are substantially higher than the updated cost estimate or available budget. [viii] When none of the technical bids meets the minimum technical score. If the quality of product and service provided is not found satisfactory, NIPER-Hajipur reserves the right to cancel or amend any of the conditions of Contract.
Sample 1
CANCELLATION OF TENDER. 5.1. Not withstanding anything specified in this tender document, Purchaser / IIT Bombay in his sole discretion, unconditionally and without assigning any reason, reserves the rights: i) To accept OR reject lowest tender or any other tender or all the tenders. ii) To accept any tender in full or in part. iii) To reject the tender offer not confirming to the tenders terms. iv) To give purchase preference to Public Sector undertakings when applicable as per Govt. Policy/ Guidelines. 5.2. The conditional bid will be summarily rejected.
Sample 1
CANCELLATION OF TENDER. 5.1. Notwithstanding anything specified in this tender document, Purchaser / IIT Bombay in his sole discretion, unconditionally and without assigning any reason, reserves the rights: i) To accept OR reject lowest tender or any other tender or all the tenders. ii) To accept any tender in full or in part. iii) To reject the tender offer not conforming to the tenders terms. iv) IIT Bombay will give purchase preference to Public Sector undertakings when applicable as per Govt. Policy/ Guidelines. 5.2. Offer which deviates from the vital conditions (as illustrated below) of the tender shall be rejected: i) Non-submission of complete offers. ii) Receipt of offers after due date and time and or by email / fax (unless specified otherwise). iii) Receipt of offers in open conditions. iv) Conditional Tenders and Unsigned Tenders will also be rejected. v) If the quality of product and service provided is not found satisfactory, IIT Bombay reserves the right to cancel or amend the contract.
Sample 1

Related to CANCELLATION OF TENDER

  • Cancellation of Agreement In the event that prior to the Closing Date (a) trading in securities on the New York Stock Exchange generally, or in securities of the Bank in particular, shall have been suspended, or minimum prices established by the New York Stock Exchange, or any new restrictions on transactions in securities shall have been established by the New York Stock Exchange or by the Commission or by any other United States Federal or State agency or by any action of the United States Congress or by executive order to such a degree as, in your judgment as the Representatives, to affect materially and adversely the marketing of the Securities or (b) existing financial, political or economic conditions in Europe, the United States or elsewhere shall have undergone any change which, in your judgment as the Representatives, would materially and adversely affect the market for the Securities, this Agreement and all obligations of the Underwriters hereunder may be canceled at, or at any time prior to, the Closing Date by you, as the Representatives, without liability on the part of any Underwriter to the Bank or of the Bank to any Underwriter, subject to Section 11(e). Notice of such cancellation shall be given to the Bank in writing, or by cable or telephone confirmed in writing.

  • Cancellation All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

  • Cancellation OSS Charge TWTC will incur an OSS charge for an accepted LSR that is later canceled.

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