TERMS AND DEFINITION Sample Clauses

TERMS AND DEFINITION. Contract The written agreement entered into between the purchaser and the supplier, as recorded in the contract form signed by the parties, including attachments and appendices thereto and all documents incorporated by reference therein. Contractor The party to the contract that is required to provide goods or services according to the terms of the agreement. Contract Management The activities necessary to manage a contract throughout all stages in the contract life cycle to ensure that immediate action is taken effectively and efficiently to the change that may occur to the contract Contract Management system Computerised / manual system necessary to ensure proper Contract Management control and monitoring of contracts. Contract Register Manual system necessary to ensure proper Contract Management control and monitoring of contracts. Force Majeure An event beyond the control of the contractor and not involving the contractor's fault or negligence and not foreseeable. Litigate The act or process of contesting a lawsuit or seeking redress through the courts. Parties Parties that stipulate obligations to one another to ensure that the contract term and condition are fulfilled. Specification The statement that provide detailed description of goods, services and works characteristics and identify performance requirements prepared when procuring goods, services and works. Transversal Contract Term contracts that are facilitated and arranged by National Treasury or Provincial Treasury for goods and services that are frequently required by Municipality. Terms of Reference The statement that define clearly the task directive (method- ology), objectives, goals and scope of the assignment and provide background information, prepared when procuring professional services. Institution Unit / Function in the organisation as the role player to the procedures. Division Includes the divisional section within the municipality. Firm Contract Price Contract prices provide for a fixed price which normally not subject to any adjustment. Non-Firm Contract Price Contracts prices that are subjected to changes if they are explicitly included in the agreement based on the economic pricing escalations. Abbreviations CRA Contract Registration Application CFO Chief Financial Officer MCMG Municipal Contract Management Guideline CPA Contract Price Adjustments BAC Bid Adjudication Committee GCC General Conditions of Contract GPG Gauteng Provincial Government GPT Gauteng Provincial Treasur...
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TERMS AND DEFINITION. 1.1. «Agreement" - this Agreement on the provision of services for providing access to the software product, concluded on the terms specified below.
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TERMS AND DEFINITION. Unless otherwise agreed by the parties hereto in writing, the following terms and definitions shall have the following meanings when used in this Agreement:
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TERMS AND DEFINITION. The term “
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Related to TERMS AND DEFINITION

  • Terms and Definitions The terms listed below shall have the respective meaning given them as set forth adjacent to each term.

  • Plan and Defined Terms This award is granted under and subject to the terms of the 2005 Stock Incentive Compensation Plan and the Stock Incentive Compensation Plan (2005) Addendum dated July 5, 2005 (together the “Plan”), which is incorporated herein by reference. Capitalized terms used herein and not defined in the Agreement (including Section 7 hereof) shall have the meaning set forth in the Plan. To the extent any conflict between the terms of this Agreement and the Plan, the terms of the Plan shall control.

  • Purpose and Definitions 1. The purpose of this Chapter is to promote the objectives of this Agreement by simplifying customs procedures in relation to bilateral trade between the Parties.

  • Interpretation and Definitions 2.01 For the purpose of this Agreement:

  • Name and Definitions Section 1. Name. The name of the Trust is "VANGUARD BOND INDEX FUNDS" and the Trustees shall conduct the business of the Trust under that name or any other name as they may from time to time determine. If the Trustees determine to change the name of the Trust, they may adopt such other name for the Trust as they deem proper. Any name change shall become effective upon approval by the Trustees of such change and the filing of a certificate of amendment under the Delaware Act. Any such action shall have the status of an amendment to this Declaration of Trust.

  • Recitals and Definitions Each of the parties hereto acknowledges and agrees that the recitals set forth above in this Agreement are true and accurate, are contractual in nature, and are hereby incorporated into and made a part of this Agreement.

  • Construction and Definitions Unless defined below or otherwise in this Annex A, all of the capitalized terms used in this Annex A shall have the meanings assigned to them in this Agreement:

  • Interpretation and Definition of Terms Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from a term or provision of the Act shall be resolved by reference to such term or provision of the Act and to interpretation thereof, if any, by the United States courts, or, in the absence of any controlling decision of any such court, by rules, regulations or orders of the Securities and Exchange Commission validly issued pursuant to the Act. Specifically, the terms "vote of a majority of the outstanding voting securities," "interested persons," "assignment" and "affiliated person," as used in this Agreement shall have the meanings assigned to them by Section 2(a) of the Act. In addition, when the effect of a requirement of the Act reflected in any provision of this Agreement is modified, interpreted or relaxed by a rule, regulation or order of the Securities and Exchange Commission, whether of special or of general application, such provision shall be deemed to incorporate the effect of such rule, regulation or order.

  • Amended Definitions The following definitions in Section 1.01 of the Credit Agreement shall be and they hereby are amended and restated in their respective entireties to read as follows:

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