Tender Procedure Sample Clauses

Tender Procedure. Upon completion of the appraisal of the Partnership's assets as of the Appraisal Date, the General Partner shall notify each Unit Holder of the Repurchase Price and his proportionate share thereof and either the General Partner or one of its Affiliates will offer to purchase such Unit Holder's Units in exchange for such Unit Holder's proportionate share of the Repurchase Price (a "Repurchase Offer"). Any Unit Holder desiring to do so may accept such Repurchase Offer by notifying the General Partner of his election. Unit Holders so notifying the General Partner shall be referred to herein as "Electing Unit Holders". The General Partner or its designated Affiliate shall thereupon promptly pay to each Electing Unit Holder, his proper share of the Repurchase Price, calculated as herein set forth, within 30 days from the date which a properly drawn assignment of such Electing Unit Holder's interest, free and clear of all liens and encumbrances, is tendered to and accepted by the General Partner or its designated Affiliate (the "Effective Date"). Upon the acquisition of an Electing Unit Holder's Units, the General Partner or its designated Affiliate shall, as of the Effective Date of such acquisition, succeed to all the rights and obligations attributable to such interest.
AutoNDA by SimpleDocs
Tender Procedure. 6.1 The contract is procured under the Danish Procurement Act no 1564 of 15.12.
Tender Procedure. This Agreement does not create the obligation for any person (including the Discloser, its shareholders and the Recipient) to award object of the Tender Procedure or any other agreement or transaction. PROPERTY AND RETURNING OF CONFIDENTIAL INFORMATION All Confidential Information shall remain the property of the Discloser. Following termination of any discussions relating to the Tender Procedure or upon first receipt of a written request from the Discloser, the Recipient shall: return to the Discloser all Confidential Information disclosed to the Recipient or any of its directors, officers, employees or Advisers; use its best efforts to destroy all documents and all other materials containing or reflecting any Confidential Information, together with any copies, which are in the possession or control of the Recipient or any of its Affiliates, directors, officers, employees or Advisers and which cannot be returned to the Discloser; and use its best efforts to expunge all Confidential Information from any computer, word processor or similar device into which it was programmed by the Recipient or any of its Affiliates, directors, officers, employees or Advisers. this article does not prejudice the fact that the Recipient may retain copies of relevant Confidential Information for its internal working papers in order to comply with any law, (professional) regulations and/or internal document retention policies it is subject to. PENALTY CLAUSE In the event of an attributable breach by the Recipient of any of the provisions or clauses of this Agreement, the Recipient will incur a fine (boete), immediately due and payable to Discloser without any judicial intervention or notice of default (ingebrekestelling) required for the enforcement thereof, in the amount of (i) EUR 10.000,- for each attributable breach, and (ii) EUR 500,- per day during which the attributable breach continues, with a maximum of EUR 75.000,-, notwithstanding the right of Discloser to any other relief permitted by law, including specific performance, injunctive relief and compensatory damages. NOTICES Any notice or other communication in connection with this Agreement shall be sufficiently given if in writing and personally delivered or sent by registered mail or by telefax addressed as follows: IDH
Tender Procedure. This document is for viewing purposes only. The following policy regarding the submission of tenders and the tender opening procedures will be applicable for this project. Tenderers are requested to adhere strictly to the instructions concerning submission. ‰ All tenders must be sealed and submitted to: Xxxxxx Xxxxx, City Clerk on the First Floor, City Hall 00 Xxxxxxxxx Xxxxxx, Xxxx Xxxxxxxx, Xxxxxxx, X0X 0X0 ‰ By the following time: 2:00 p.m. local time Tuesday June 1, 2010 Tenders received later than the time specified will not be accepted, regardless of the postal seal date. Tenders must be plainly marked to reveal the contents and the Tenderer's name and address. Xxxxxxx received after this time will be unopened and destroyed. ‰ Tenders shall be submitted in the two envelopes supplied, as follows: I) The first envelope shall contain: * "Agreement to Bond", duly signed and sealed (no copies or facsimiles will be accepted). * Tender deposit in the form of a certified cheque, money order, or an irrevocable letter of credit in the amount of $10,000.00
Tender Procedure. It is up to the contracting authority to choose the procedure that better complies with the law and matches its will. The Guidance for public authorities on PPI1 provides some factors that influence in the choice of a procedure: a) Degree of knowledge about the market 1 Guidance for public authorities on Public Procurement of Innovation, 1st Edition. Procurement of Innovation Platform ICLEI – Local Governments for Sustainability (Project coordinator). xxx.xxxxxxxxxx-xxxxxxxxxxx.xxx b) Need (or not) of research and development work According to the knowledge about the market, it is also possible to set that the solutions needed by Mancomunidad del Sur and Zagreb City Holding do not exist in the market. So it is necessary to develop some research and development work. But, at the same time, some possible solutions are close to the market, so it is not required a great deal of hard and long work. c) Possibility of developing specification (or not) In the WP2 the common needs were set, and in D.3.3 performance indicators approach has been prepared for both Mancomunidad del Sur and Zagreb City Holding, which means that it is possible to develop specifications for both tenders. d) Need to acquire the solution on commercial scale (or not) One of the proposals of PPI4Waste is to prepare the market and the contracting entities to achieve some practical results, and not only develop a research work which means that there is a need to acquire the solution on commercial scale. e) Number of potential suppliers and structure of the market The number of potential suppliers and structure of the market is high. During the meet the market events a lot of suppliers showed their interest in submitting an offer related to innovative solutions to plastic and biowaste, the two main needed areas of Mancomunidad del Sur and Zagreb City Holding. f) Time and resources available for the procurement The time and the resources available for the procurement is enough, but not too high. Lack of resources may be one of the barriers to uptake a PPI at the end of the project, together with lack of long-term strategy. According to this previous and relevant review of the real and specific circumstances of the contract, related to the market, the need of R&D work, the specifications, the need to acquire a solution on commercial scale, the number of potential suppliers and structure of the market and the time and resources available, the Guidance for public authorities on Public Procurement of...
Tender Procedure. JOHANNESBURG ROADS AGENCY (SOC) LTD CONTRACT NO: JRA / 20/ 109 FOR SUPPLY, DELIVERY AND OFF-LOADING OF LIGHT-EMITTING DIODE (LED) TRAFFIC SIGNAL HEADS AND RELATED COMPONENTS FOR 3 YEARS “AS AND WHEN” REQUIRED.
AutoNDA by SimpleDocs
Tender Procedure. The following policy regarding the submission of tenders and the tender opening procedures will be applicable for this project. Tenderers are requested to adhere strictly to the instructions concerning submission. (a) All tenders must be sealed and submitted to: By the following time: (b) Tenders received later than the time specified will not be accepted, regardless of the postal seal date. Tenders must be plainly marked to reveal the contents and the Tenderer's name and address. (c) Tenders shall be submitted in the two envelopes, as follows: i) The first envelope shall contain: * "Agreement to Bond", duly signed and sealed (no copies or facsimiles will be accepted). * Tender deposit in the form of a certified cheque, bank draft or money order and in the amount of $1,000.00. ii) The second envelope shall contain: * Form of Tender (including addenda if applicable). Please note that the tender specifications shall not be included in the second envelope. In the event the first envelope does not contain the proper documents, the second envelope will not be opened. (d) Tenders will be opened the same day that tenders close. Time: 2:05 p.m. Local Standard Time Location: City Hall, Council Chamber, 0000 Xxxxxx Xxxxxxx Xxxxxxx, Xxx. L2V 4A7 Firms submitting tenders will be permitted to attend the tender opening. (e) The total tender price will be announced for each tender opened, (excluding H.S.T.)
Tender Procedure. 2.2.1 Receive Requests from the Requesting Units (Motivation to Source):
Tender Procedure. February 2021 1.2 TENDER PROCEDURE
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!