Formal Contract. 2. Acceptance of Tender
Formal Contract. Ame ndme nt: Contractor shall not be entitled to an increase in the Compensation or an extension of the Term unless the Parties agree to a Formal Amendment in accordance with the San Francisco Administrative Code and Section 11.5 (Modifications of this Agreement).
Formal Contract interpretation grievances and faculty status disputes may be subject to mediation in accordance with the following:
Formal Contract. A contract that requires a special form or method of formation (creation) in order to be enforceable. ◼ Informal Contract: A contract that does not require a specified form or method of formation in order to be valid. ◼ Express Contract: A contract in which the terms of the agreement are explicitly stated orally or in writing.
Formal Contract. The contractor shall meet all the requirements to establish a Professional Service Contract (PSC) with the Procurement Office.
Formal Contract. The Qatari government officially announced the bidding for the project ownership in September 2013 and several consortiums submitted their bids in the international bidding in May 2014. Xxxxxx relates, “JBIC received a request for financing when the bidding for project ownership had just been announced in September 2013, and that is when we started to examine the projectʼs risk profile and financing conditions. I have experienced taking part in LNG projects before, but this was the first time for me to be involved in supporting project formation before the bidding. I got a grip on myself as we could not afford to fail on a project of such significance for both Japan and Qatar. Qatar has track records of IPP and IWPP projects in the past, and JBIC has also provided project financing in 2007 and 2008. In light of such previous examples, we closely examined the characteristics of this project, power and water demand in Qatar, and the basic policy of the Qatari government.” With JBICʼs financial support, the consortium of MC and TEPCO tendered a bid and officially won the ownership of the project in May 2015, after negotiations with the Qatari government which lasted as long as one whole year. Strengthening relations with Qatar and other Middle Eastern countries “The Qatari government was hoping for the earliest start of the project operation given the strained supply-demand Providing financial support for winning the Xxxxxxxx and I flew to London several times to negotiate with counterparties, and sometimes even flew at short notice to Doha to negotiate directly with the Qatari government,” Xxxxxx looks back. These efforts finally lead to the signing of the loan agreement in January 2016. Xxxxxxxx says, “Qatar is one of a few dominant natural gas-producers in the world and is one of Japanʼs vital suppliers. It has been 22 years since the “Agony in Doha” (a football match in 1993 that disqualified the Japanese football team from the FIFA World Cup 1994), and all the while Japan has supported Qatarʼs economic development. JBIC has also been building a close relation with the country through providing project finance to an LNG project in Qatar and a solar power generation project in Jordan which was invested in by the Qatari government and MC. It has been a very meaningful experience supporting, through this project, the enhancement of power and water supplies that are indispensable for Qatarʼs economic growth. I believe this project will significantly contribut...
Formal Contract. 5.1 It is understood and agreed this document is a formal contract.
Formal Contract. It is not sufficient for the conclusion of the contract to link the offer with acceptance and compatibility. However, it is necessary for the contracting parties in the formal contract to express their will and pour them into a specific form determined by law. The form here is a pillar of the contract without which it cannot take place.xiii It should be noted that the requirement of formality has its reasons, as the legislator wants to alert the contracting parties to the seriousness of the effects of the contract they conclude and to determine the nature of the contract and its effects accurately, especially in contracts that take a long time to implement and to establish confidence, preserve the rights of the contracting parties and determine their obligations accurately.xiv
Formal Contract
