Common use of Formation of call - off Contract Clause in Contracts

Formation of call - off Contract. 3.1. The contract shall enter into force upon the date of awarding (hereinafter referred to as the “Effective Date”) and shall be valid for 2 years thereafter and until the parties fulfill all their obligations hereunder. 3.2. During the agreement validity, IDECO has the right to extend the contract up to extra one year. 3.3. The contract is not a commitment to purchase by the buyer. Commitment to purchase will only be made when IDECO issues an official purchase order under the terms of the agreement. 3.4. The call off contract shall remain valid for on – call delivery for a period of two years from the date of signing the contract or until the expiration of the total contract value, whichever occurs first. 3.5. The required materials under this contract shall be required partially in accordance with number of call-off purchase orders during agreement validity for on-call delivery for a period of two years from the date signing agreement, and/or the expiration of the total contract quantity, whichever first occurs.

Formation of call - off Contract. 3.1. The contract shall enter into force upon the date of awarding (hereinafter referred to as the “Effective Date”) and shall be valid for 2 Two years thereafter and until the parties fulfill all their obligations hereunder. 3.2. During the agreement validity, IDECO has the right to extend the contract up to extra one year. 3.3. The contract is not a commitment to purchase by the buyer. Commitment to purchase will only be made when IDECO issues an official purchase order under the terms of the agreement. 3.4. The call off contract shall remain valid for on – call delivery for a period of two Two years from the date of signing the contract or until the expiration of the total contract valuequantity, whichever occurs first. 3.5. The required materials under this contract shall be required partially in accordance with number of call-off purchase orders during agreement validity for on-call delivery for a period of two years from the date signing agreement, and/or the expiration of the total contract quantity, whichever first occurs.

Formation of call - off Contract. 3.1. The contract shall enter into force upon the date of awarding (hereinafter referred to as the “Effective Date”) and shall be valid for 2 years thereafter and until the parties fulfill all their obligations hereunder. 3.2. During the agreement validity, IDECO has the right to extend the contract up to extra one year. 3.3. The contract is not a commitment to purchase by the buyer. Commitment to purchase will only be made when IDECO issues an official purchase order under the terms of the agreement. 3.4. The call off contract shall remain valid for on – call delivery for a period of two years from the date of signing the contract or until the expiration of the total contract valuequantity, whichever occurs firstfirst occurs. 3.5. The required materials under this contract shall be required partially in accordance with number of call-off purchase orders during agreement validity for on-call delivery for a period of two years from the date signing agreement, and/or the expiration of the total contract quantity, whichever first occurs.