Jurisdiction of Court. 17.1 Courts at Delhi alone shall have the jurisdiction to decide any dispute arising out of or in respect of this contract. [Insert name and address of the Employer] Invitation for Bids No: _[Insert reference number for the Invitation for Bids/ RFB No. ] Date:[Insert date of issue] BID GUARANTEE No.:[Insert guarantee reference number] Guarantor: _[Insert name and address of place of issue, unless indicated in the letterhead] We have been informed that [insert name of the Bidder, which in the case of a joint venture shall be the name of the joint venture (whether legally constituted or prospective) or the names of all members thereof] (hereinafter called "the Applicant") has submitted or will submit to the Beneficiary its bid (hereinafter called "the Bid") for the execution of [insert description of contract] under Invitation for Bids No. [insert number] (“the IFB/ RFB”). Furthermore, we understand that, according to the Beneficiary’s conditions, bids must be supported by a bid guarantee. At the request of the Applicant, we, as Guarantor, hereby irrevocably undertake to pay the Beneficiary any sum or sums not exceeding in total an amount of [insert amount in letters] (insert amount in numbers) upon receipt by us of the Beneficiary’s complying supported by the Beneficiary’s statement, whether in the demand itself or a separate signed document accompanying or identifying the demand, stating either that the Applicant:
(a) has withdrawn its Bid during the period of bid validity specified by the Applicant in the Letter of Bid, or any extension thereto provided by the Applicant; or
(b) having been notified of the acceptance of its Bid by the Beneficiary during the period of bid validity, (i) fails to execute the Contract Agreement or (ii) fails to furnish the performance security, and, if required, the Environmental, Social, Health and Safety (ESHS) Performance Security, in accordance with the Instructions to Bidders (“ITB”) of the Beneficiary’s bidding document. This guarantee will expire: (a) if the Applicant is the successful Bidder, upon our receipt of copies of the contract agreement signed by the Applicant and the performance security and, if required, the Environmental, Social, Health and Safety (ESHS) Performance Security, issued to the Beneficiary upon the instruction of the Applicant; and (b) if the Applicant is not the successful Bidder, upon the earlier of (i) our receipt of a copy of the Beneficiary’s notification to the Applicant of the results of t...
Jurisdiction of Court. Courts at Delhi alone shall have the jurisdiction to decide any dispute arising out of or in respect of this contract.
Jurisdiction of Court. In the event of any dispute covering or arising out of this contract /agreement the jurisdiction of the court shall be at district within State of Odisha & it is hereby expressly agreed that neither party shall be competent to bring any case / suit in regard to the matters covered by this agreement at any place out side district.
Jurisdiction of Court. The courts at Jaipur shall have the exclusive jurisdiction to try all disputes arising out of this agreement between the parties.
Jurisdiction of Court. All Settling Parties and Settlement Class Members submit to the continuing jurisdiction of the Court for any suit, action, proceeding, or dispute arising out of, or relating to, this Agreement. Any disputes arising out of, or related to, the interpretation, implementation, administration, and enforcement of this Agreement will be made by motion to the Court.
Jurisdiction of Court. Any dispute or difference of opinion arising out of this Agreement or in connection with its implementation or execution, which cannot be settled amicably between the parties hereto through dialogue or discussion, shall be finally settled exclusively by Arbitration. The dispute shall be referred to the sole arbitration of a person to be appointed by OSCSC Ltd. and arbitration shall be held under the provisions of the Arbitration and Conciliation Act, 1996 or any re-enactment, modification or amendment thereto. The arbitration proceedings shall be conducted at Bhubaneswar only. Any award by the sole arbitrator shall be final and binding upon both parties thereto. The fee (if any) or expenses of the Arbitration proceeding shall be borne by the parties equally.
Jurisdiction of Court. In case of any claim, dispute or difference arising in respect of this Agreement, the cause of action thereof shall be deemed to have arisen in Mumbai and all legal proceedings in respect of any such claim, dispute or difference shall be instituted in Competent Court in the City of Mumbai.
Jurisdiction of Court. Jurisdiction of the court shall be the district court of first instance having jurisdiction over the location of the head office of the Supplier.
Jurisdiction of Court. The Court shall retain jurisdiction to enforce the terms of this agreement so long as it remains in effect under paragraph 98, above.
Jurisdiction of Court. The purchase order shall be governed by and constructed according to the laws in force in India. The Supplier hereby submits to the jurisdiction of the courts situated at Guwahati (Assam) for the purpose of disputes, actions and proceedings arising out of the contract, the courts at Guwahati (Assam) only will have the jurisdiction to hear and decide such disputes, actions and proceedings.
