Common use of Cumulatively Clause in Contracts

Cumulatively. In case of a consortium or joint venture, the obligation of this clause must be applicable at least to the person who will be the leader of the IE Bidder. In case where a foreign currency conversion in € is required, in order to document the above amounts, the reference date shall be the bid submission date, as defined in the above clause

Cumulatively. In case of a consortium or joint venture, the obligation of this clause must be applicable at least to the person who holds a percentage of more than fifty percent (50%) and will be the leader of the IE Bidder. In case where a foreign currency conversion in € is required, in order to document the above amounts, the reference date shall be the bid submission date, as defined in the above clauseclause 3.3 hereof.

Cumulatively. In case of a consortium or joint venture, the obligation of this clause must be applicable at least to the person who holds a percentage of more than fifty percent (50%) and will be the leader of the IE Bidder. In case where a foreign currency conversion in € is required, in order to document the above amounts, the reference date shall be the bid submission date, as defined in the above clauseclause 3.3 hereof.

Cumulatively. In case of a consortium or joint venture, the obligation of this clause must be applicable at least to the person who will be the leader of the IE Bidder. In case where a foreign currency conversion in € is required, in order to document the above amounts, the reference date shall be the bid submission date, as defined in the above clauseclause 3.3 hereof.