Framework agreements. A Framework agreement is an agreement between the Employer and one or more contractors, the purpose of which is to establish the terms governing orders to be awarded during a given period, in particular with regard to price and, where appropriate, the quantity envisaged. An order, on the other hand, is an instruction to provide work under a Framework agreement. Framework agreements enable the Employer to procure on an as-instructed basis (call offs) over a set term without committing to any quantum of work. Such agreements do not bind the Employer to make use of such agreements to meet its needs. The Employer may approach the market for work falling within the scope of work of the Framework agreement, whenever it considers that better value in terms of time, cost and the quality may be obtained.
Framework agreements. 1. If a framework agreement has been agreed between S+P and the Client, where the entire annual requirement is manufactured and kept in stock for call-off, the Client shall take delivery of the entire quantity that remains in stock or that is still to be manufactured at the end of the year. During the term of the framework agreement the ordered product or service can only be changed, if a separate agreement is concluded by S+P and the Client.
Framework agreements. 1. Where a framework agreement has been agreed between XXXXXXX and the Customer, according to which the complete annual requirement is manufactured and stored on call, the Cus- tomer undertakes to accept the complete remaining quantity still in stock or still to be manufactured after the expiry of one year from the order date. Within the term of the framework agreement, changes to the ordered delivery item or service can only be ef- fected by means of a separate contractual agreement between XXXXXXX and the Customer.
Framework agreements. 12.1 Framework Agreements may be concluded between Parties through GeBIZ. When there is an existing Framework Agreement between the Government and the Trading Partner, the Trading Partner shall be deemed to have made standing offers to the Government for the provision of goods and/or services specified in the Framework Agreement in accordance with the terms of the Framework Agreement.
Framework agreements. 39.1 This framework arrangement shall operate in two parts - the overarching framework agreement itself and individual orders placed against it, each of which shall constitute a Contract.
Framework agreements. The Action Programme shall be implemented in accordance with the provisions of the Framework Agreement between the European Commission and the Montenegro on the arrangements for implementation of Union financial assistance to Montenegro under the Instrument for Pre-Accession Assistance (IPA II) which entered into force on 4 June 2015 and in accordance with the provisions of the Framework Agreement between the European Commission and the Republic of Albania on the arrangements for implementation of Union financial assistance to the Republic of Albania under the Instrument for Pre-Accession Assistance (IPA II) which entered into force on 16 April 2015 respectively (hereafter referred to as “the Framework Agreement(s)”). This Financing Agreement supplements the provisions of the abovementioned Framework Agreements. In case of conflict between, on the one hand, the provisions of this Financing Agreement and, on the other hand, the provisions of the respective Framework Agreement, the latter shall take precedence.
Framework agreements. 3.16.1 A Framework is a contract between a Contracting Authority and one or more suppliers that provides for the future award of contracts by a Contracting Authority to the supplier or suppliers. It must set out the core terms of the contract and the objective mechanism for supplier selection.
Framework agreements. On 18 April 2012, the Company and its subsidiaries entered into the Framework Agreements with the relevant connected persons to carry out the following day-to-day continuing connected transactions:
Framework agreements. The following agreements from the January 2000 Water Forum Agreement serve as a framework for this section:
Framework agreements. A. The 2022 Deposit Services Framework Agreement The principal terms of the 2022 Deposit Services Framework Agreement are as follows: Date 22 December 2021 Parties the Company; and China Everbright Group Term 1 January 2022 to 31 December 2022 Service Scope China Everbright Group shall procure CE Bank to provide deposit services (including current and fixed deposits) to the Group within or outside the PRC in accordance with rules and regulations prescribed by the PBOC and/or other relevant rules and regulations. The parties shall enter into separate agreement(s) for detailed service scope subject to the needs of the Group’s businesses as and when necessary. Fee Standards The time and means of payment are to be agreed by the parties with reference to customary business terms through arm’s length negotiations. The deposit services to be provided by CE Bank as procured by China Everbright Group shall be on normal commercial terms, agreed through arm’s length negotiations between the parties and no less favourable than the terms available to the Group from Independent Third Parties. When determining the interest rates for deposits to be placed by the Group with CE Bank, the Group shall obtain the interest rate provided by CE Bank, and make reference to the interest rates of the same type of deposits on the same conditions quoted by not less than two major commercial banks in the PRC.
