Common use of No Binding Contract Clause in Contracts

No Binding Contract. We understand that this Bid, together with your Letter of Acceptance, and the award and execution of a Framework Agreement, shall not constitute a binding contract between us, until a formal Call-off Contract awarded under the Framework Agreement, is prepared and executed;

No Binding Contract. We understand that this Bid, together with your Letter of Acceptance, and the award and execution of a Framework Agreement, shall not constitute notconstitute a binding contract between us, until a formal Call-off Contract awarded under the Framework Agreement, is prepared and executed;