Common use of Jurisdiction of Court Clause in Contracts

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itself or a separate signed document accompanying or identifying the demand, stating either that the Applicant: (a) has withdrawn its Bid during the period of bid validity specified by the Applicant in the Letter of Bid, or any extension thereto provided by the Applicant; or (b) having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 the bidding process; or (ii) forty-five days after the Validity Period, which date shall be established by presentation to us of copies of the Letter of Bid and any extension(s) thereto, accompanied by the bidding document; or (c) three years after the date of issue of this guarantee. Consequently, any demand for payment under this guarantee must be received by us at the office indicated above on or before that date. This guarantee is subject to the Uniform Rules for Demand Guarantees (URDG) 2010 Revision, ICC Publication No. 758.

Appears in 3 contracts

Samples: Request for Quotation, Request for Quotation, Request for Quotation

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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 the bidding process; or (ii) forty-five days after the Validity Period, which date shall be established by presentation to us of copies of the Letter of Bid and any extension(s) thereto, accompanied by the bidding document; or (c) three years after the date of issue of this guarantee. Consequently, any demand for payment under this guarantee must be received by us at the office indicated above on or before that date. This guarantee is subject to the Uniform Rules for Demand Guarantees (URDG) 2010 Revision, ICC Publication No. 758.

Appears in 2 contracts

Samples: Request for Quotation, Request for Quotation

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. In witness whereof parties hereto have caused this Agreement to be executed in accordance with the laws of India on the day, month and year indicated above. Signed & Stamped (Employer) Signed & Stamped (Contractor) Certified that the works for ------------------ have been executed in accordance with the approved drawing and technical specifications. Place : Date : Signature Name & Designation (Official address) has undertaken, in pursuance of Contract to supply (Description of equipment and services) hereinafter called “the Contract” Guarantee) and we undertake to pay you up on your written demand declaring the Supplier to be in default under the Contract and without cavil or argument any sum or sums within the limit of Rs. ……………. (Amount of Guarantee) without your needing to prove or show grounds or reasons for your demand or the sum specified therein. This Guarantee is valid until the ………… day of 201… Date …………………………. Signature and seal of Guarantors Address:………………………. ………………………………… [Insert name and address of the Employer] Invitation for Bids No: _[Insert reference number for the Invitation for Bids/ RFB No. Bids] Date:[Insert date of issue] BID 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/ RFBIFB”). 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 the bidding process; or (ii) forty-five days after the Validity Period, which date shall be established by presentation to us of copies of the Letter of Bid and any extension(s) thereto, accompanied by the bidding document; or (c) three years after the date of issue of this guarantee. Consequently, any demand for payment under this guarantee must be received by us at the office indicated above on or before that date. This guarantee is subject to the Uniform Rules for Demand Guarantees (URDG) 2010 Revision, ICC Publication No. 758.

Appears in 2 contracts

Samples: Quotation Agreement, Quotation Invitation

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. In witness whereof parties hereto have caused this Agreement to be executed in accordance with the laws of India on the day, month and year indicated above. Signed & Stamped (Employer) Signed & Stamped (Contractor) Certified that the Bamboo works for at ----------------------------- have been executed in accordance with the approved drawing and technical specifications. Place : Date : Signature Name & Designation (Official address) has undertaken, in pursuance of Contract to supply (Description of equipment and services) hereinafter called “the Contract” Guarantee) and we undertake to pay you up on your written demand declaring the Supplier to be in default under the Contract and without cavil or argument any sum or sums within the limit of Rs. ……………. (Amount of Guarantee) without your needing to prove or show grounds or reasons for your demand or the sum specified therein. This Guarantee is valid until the ………… day of 201… Date …………………………. Signature and seal of Guarantors Address:………………………. ………………………………… [Insert name and address of the Employer] Invitation for Bids No: _[Insert reference number for the Invitation for Bids/ RFB No. Bids] Date:[Insert date of issue] BID 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/ RFBIFB”). 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 the bidding process; or (ii) forty-five days after the Validity Period, which date shall be established by presentation to us of copies of the Letter of Bid and any extension(s) thereto, accompanied by the bidding document; or (c) three years after the date of issue of this guarantee. Consequently, any demand for payment under this guarantee must be received by us at the office indicated above on or before that date. This guarantee is subject to the Uniform Rules for Demand Guarantees (URDG) 2010 Revision, ICC Publication No. 758.

Appears in 2 contracts

Samples: Quotation Invitation, Quotation Invitation

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. In witness whereof parties hereto have caused this Agreement to be executed in accordance with the laws of India on the day, month and year indicated above. Signed & Stamped (Employer) Signed & Stamped (Contractor) Certified that the Bamboo works for at ------------------- have been executed in accordance with the approved drawing and technical specifications. Place : Date : Signature Name & Designation (Official address) has undertaken, in pursuance of Contract to supply… (Description of equipment and services) hereinafter called “the Contract” Guarantee) and we undertake to pay you up on your written demand declaring the Supplier to be in default under the Contract and without cavil or argument any sum or sums within the limit of Rs. ……………. (Amount of Guarantee) without your needing to prove or show grounds or reasons for your demand or the sum specified therein. This Guarantee is valid until the ………… day of 201… Date …………………………. Signature and seal of Guarantors Address:………………………. ………………………………… [Insert name and address of the Employer] Invitation for Bids No: _[Insert reference number for the Invitation for Bids/ RFB No. Bids] Date:[Insert date of issue] BID 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/ RFBIFB”). 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 the bidding process; or (ii) forty-five days after the Validity Period, which date shall be established by presentation to us of copies of the Letter of Bid and any extension(s) thereto, accompanied by the bidding document; or (c) three years after the date of issue of this guarantee. Consequently, any demand for payment under this guarantee must be received by us at the office indicated above on or before that date. This guarantee is subject to the Uniform Rules for Demand Guarantees (URDG) 2010 Revision, ICC Publication No. 758.,

Appears in 1 contract

Samples: Invitation for Quotations

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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. In witness whereof parties hereto have caused this Agreement to be executed in accordance with the laws of India on the day, month and year indicated above. Signed & Stamped (Employer) Signed & Stamped (Contractor) Certified that the works for at ------------------ have been executed in accordance with the approved drawing and technical specifications. Place : Date : Signature Name & Designation (Official address) has undertaken, in pursuance of Contract to supply (Description of equipment and services) hereinafter called “the Contract” Guarantee) and we undertake to pay you up on your written demand declaring the Supplier to be in default under the Contract and without cavil or argument any sum or sums within the limit of Rs. ……………. (Amount of Guarantee) without your needing to prove or show grounds or reasons for your demand or the sum specified therein. This Guarantee is valid until the ………… day of 201… Date …………………………. Signature and seal of Guarantors Address:………………………. ………………………………… [Insert name and address of the Employer] Invitation for Bids No: _[Insert reference number for the Invitation for Bids/ RFB No. Bids] Date:[Insert date of issue] BID 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/ RFBIFB”). 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 the bidding process; or (ii) forty-five days after the Validity Period, which date shall be established by presentation to us of copies of the Letter of Bid and any extension(s) thereto, accompanied by the bidding document; or (c) three years after the date of issue of this guarantee. Consequently, any demand for payment under this guarantee must be received by us at the office indicated above on or before that date. This guarantee is subject to the Uniform Rules for Demand Guarantees (URDG) 2010 Revision, ICC Publication No. 758.

Appears in 1 contract

Samples: Quotation Agreement

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. Certified that the Bamboo works for at ------------------- have been executed in accordance with the approved drawing and technical specifications. Place : Date : Signature Name & Designation (Official address) undertaken, in pursuance of Contract to supply… (Description of equipment and services) hereinafter called “the Contract” undertake to pay you up on your written demand declaring the Supplier to be in default under the Contract and without cavil or argument any sum or sums within the limit of Rs. (Amount of Guarantee) without your needing to prove or show grounds or reasons for your demand or the sum specified therein. This Guarantee is valid until the ………… day of 2020… Date …………………………. Signature and seal of Guarantors Address:………………………. ………………………………… [Insert name and address of the Employer] Invitation for Bids No: _[Insert reference number for the Invitation for Bids/ RFB No. Bids] Date:[Insert date of issue] BID 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/ RFBIFB”). 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 the bidding process; or (ii) forty-five days after the Validity Period, which date shall be established by presentation to us of copies of the Letter of Bid and any extension(s) thereto, accompanied by the bidding document; or (c) three years after the date of issue of this guarantee. Consequently, any demand for payment under this guarantee must be received by us at the office indicated above on or before that date. This guarantee is subject to the Uniform Rules for Demand Guarantees (URDG) 2010 Revision, ICC Publication No. 758.

Appears in 1 contract

Samples: Request for Quotations

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