Common use of Procurement Procedure Clause in Contracts

Procurement Procedure. The Borrower shall secure goods and services for the Investment (a) in so far as they apply to it or to the Investment, in accordance with EU Law in general and in particular with the relevant EU Directives, and (b) in so far as EU Directives do not apply, by procurement procedures which, to the satisfaction of the Bank, respect the criteria of economy and efficiency and, in case of public contracts, the principles of transparency, equal treatment and non-discrimination on the basis of nationality.

Appears in 4 contracts

Samples: Finance Contract, Finance Contract (Immunic, Inc.), Finance Contract (CureVac B.V.)

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Procurement Procedure. The Borrower shall secure goods and services for the Investment (a) in so far as they apply to it or to the Investment, in accordance with EU Law European Union law in general and in particular with the relevant EU Directives, European Union Directives and (b) in so far as EU European Union Directives do not apply, by procurement procedures which, to the satisfaction of the Bank, respect the criteria of economy and efficiency and, in case of public contracts, the principles of transparency, equal treatment and non-discrimination on the basis of nationality.

Appears in 3 contracts

Samples: Amendment Agreement (Nanobiotix S.A.), Finance Contract (Nanobiotix S.A.), Finance Contract (Nanobiotix S.A.)

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Procurement Procedure. The Guarantor shall and shall ensure that the Borrower shall secure secures goods and services for the Investment (a) in so far as they apply to it or to the Investment, in accordance with EU Law in general and in particular with the relevant EU Directives, and (b) in so far as EU Directives do not apply, by procurement procedures which, to the satisfaction of the Bank, respect the criteria of economy and efficiency and, in case of public contracts, the principles of transparency, equal treatment and non-discrimination on the basis of nationality.

Appears in 1 contract

Samples: Guarantee Agreement (CureVac B.V.)

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