Common use of Xxxxxxx Money (Security Deposit) Clause in Contracts

Xxxxxxx Money (Security Deposit). 5.1 While submitting commercial bid, the BIDDER shall deposit an amount of Rs. _________( to be specified in RFP ) as xxxxxxx money / security deposit, with the BUYER through any of the following instrument :- (1) Bank draft or a pay order in favour of Principal, Kendriya Vidyalaya, ______________________ (2) A confirmed guarantee by an Indian nationalized bank promising payment of the guarantee some to the BUYER on demand within three days without any demur whatsoever and without seeking any reasons whatsoever. The demand for payment by the BUYER shall be treated as conclusive proof of payment. (3) Any other mode or through any other instrument (to be specified in the RPF) 5.2 The xxxxxxx money / security deposit shall be valid up to a period of five years or the complete conclusion that the contractual obligations to the complete satisfaction of both the BIDDER and the BUYER, including warrantee period whichever, is later. 5.3 In case of the successful BIDDER a clause would also be incorporated in the article pertaining to performance bound in the purchase contract that the provisions of sanctions for violation shall be applicable for forfeiture of performance bound in case of a decision by BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pact. 5.4 No interest shall be payable by the BUYER to the BIDDER or xxxxxxx money / security deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 While submitting commercial bid, the BIDDER shall deposit an amount of Rsamount………. _________( (to be specified in RFP RFP) as xxxxxxx money / security depositXxxxxxx Money/Security Deposit, with the BUYER through any of the following instrument instruments:- (1i) Bank draft Draft or a pay order Pay Order in favour of Principal, Kendriya Vidyalaya, ______________________of (2ii) A confirmed guarantee by an Indian nationalized bank Nationalised Bank, promising payment of the guarantee some guaranteed sum to the BUYER on demand within three working days without any demur whatsoever and without seeking any reasons whatsoever. The demand for payment by the BUYER shall be treated as conclusive proof of payment. (3iii) Any other mode or through any other instrument (to be specified in the RPFRFP). 5.2 The xxxxxxx money / security deposit Xxxxxxx Money/Security Deposit shall be valid up to a period of five of….. years or the complete conclusion that of the contractual obligations to the complete satisfaction of both the BIDDER and the BUYER, including warrantee period whicheverwarranty period, whichever is later. 5.3 In case of the successful BIDDER a clause would also be incorporated in the article Article pertaining to performance bound in Performance Bond for the purchase contract Supply Part that the provisions of sanctions Sanctions for violation Violation shall be applicable for forfeiture of performance bound Performance Bond in case of a decision by the BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pactPact. 5.4 No interest shall be payable by the BUYER to the BIDDER or xxxxxxx money / security deposit on Xxxxxxx Money/Security Deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 While submitting commercial bid, the BIDDER shall deposit an amount of Rsamount………. _________( (to be specified in RFP RFP) as xxxxxxx money / security depositXxxxxxx Money/ Security Deposit, with the BUYER through any of the following instrument instruments:- (1( i) Bank draft Draft or a pay order Pay Order in favour of Principal, Kendriya Vidyalaya, ______________________of (2( ii) A confirmed guarantee by an Indian nationalized bank Nationalised Bank, promising payment of the guarantee some guaranteed sum to the BUYER on demand within three working days without any demur whatsoever and without seeking any reasons whatsoever. The demand for payment by the BUYER shall be treated as conclusive proof of payment. (3( iii) Any other mode or through any other instrument (to be specified in the RPFRFP). 5.2 The xxxxxxx money / security deposit Xxxxxxx Money/ Security Deposit shall be valid up to upto a period of five ….. years or the complete conclusion that of the contractual obligations to the complete satisfaction of both the BIDDER and the BUYER, including warrantee period whicheverwarranty period, whichever is later. 5.3 In case of the successful BIDDER a clause would also be incorporated in the article Article pertaining to performance bound Performance Bond in the purchase contract the' Purchase Contract that the provisions of sanctions Sanctions for violation Violation shall be applicable for forfeiture of performance bound Performance Bond in case of a decision by the BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pactPact. 5.4 No interest shall be payable by the BUYER to the BIDDER or xxxxxxx money / security deposit on Xxxxxxx Money/ Security Deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 While submitting commercial bid, the BIDDER shall deposit an amount of Rs. _________( to be specified in RFP ) as xxxxxxx money / security deposit, with the BUYER through any of the following instrument :-amount- (1i) Bank draft Draft or a pay order Pay Order in favour of Principal, Kendriya Vidyalaya, ______________________“SFAC” payable at New Delhi (2ii) A confirmed guarantee by an Indian nationalized bank Nationalised Bank, promising payment of the guarantee some guaranteed sum to the BUYER on demand within three working days without any demur whatsoever and without seeking any reasons whatsoever. The demand for payment by the BUYER shall be treated as conclusive proof of payment. (3iii) Any other mode or through any other instrument (to be specified in the RPFRFP). 5.2 The xxxxxxx money / security deposit Xxxxxxx Money/Security Deposit shall be valid up to a period of five years or the complete conclusion that of the contractual obligations to the complete satisfaction of both the BIDDER and the BUYER, including warrantee period whicheverwarranty period, whichever is later. 5.3 In case of the successful BIDDER a clause would also be incorporated in the article Article pertaining to performance bound Performance Bond in the purchase contract Purchase Contract that the provisions of sanctions Sanctions for violation Violation shall be applicable for forfeiture of performance bound Performance Bond in case of a decision by the BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pactPact. 5.4 No interest shall be payable by the BUYER to the BIDDER or xxxxxxx money / security deposit on Xxxxxxx Money/Security Deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 5.1. While submitting commercial bid, the BIDDER shall deposit an amount of Rs. _________( NIL (to be specified in RFP RFP) as xxxxxxx money / security depositXxxxxxx Money Deposit/ Security Deposit, with the BUYER through any of the following instrument instruments:- (1) 5.1.1. Bank draft Draft or a pay order Pay Order in favour Favor of Principal, Kendriya Vidyalaya, ______________________Bank of Maharashtra (2) 5.1.2. A confirmed Confirmed guarantee by an Indian nationalized bank Nationalized Bank, promising payment of the guarantee some guaranteed sum to the BUYER on demand within three working days without any demur demure whatsoever and without seeking any reasons reason whatsoever. The demand for payment by the BUYER shall be treated as conclusive proof of payment. (3) 5.1.3. Any other mode or through any other instrument (to be specified in the RPFRFP) 5.2 5.2. The xxxxxxx money / security deposit Xxxxxxx Money/Security Deposit shall be valid up to a period of five years or the complete conclusion that of the contractual obligations to the complete satisfaction of both the BIDDER and the BUYER, including warrantee period whicheverwarranty period, whichever is later. 5.3 5.3. In case of the successful BIDDER a clause would also be incorporated in the article Article pertaining to performance bound Performance Bond in the purchase contract Purchase Contract that the provisions of sanctions Sanctions for violation Violation shall be applicable for forfeiture of performance bound Bond in case of a decision by the BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pactPact. 5.4 5.4. No interest shall be payable by the BUYER to the BIDDER or xxxxxxx money / security deposit in Xxxxxxx Money/Security Deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 While submitting commercial bid, the BIDDER shall deposit an amount of Rs. _________( to be specified in RFP ) as xxxxxxx money / security depositXxxxxxx Money/Security Deposit, with the BUYER through any of the following instrument instruments:- (1i) Bank draft Demand Draft or a pay order Bankers’ Cheque in favour favor of Principal, Kendriya Vidyalaya, ______________________M/s. Export –Import Bank of India. (2ii) A confirmed guarantee by an Indian nationalized bank Nationalized Bank, promising payment of the guarantee some guaranteed sum to the BUYER on demand within three working days without any demur whatsoever and without seeking any reasons whatsoever. The demand for payment by the BUYER shall be treated as conclusive proof of payment. (3) Any . No other mode or through any other instrument (to be specified in the RPF)except mentioned here is accepted. 5.2 The xxxxxxx money / security deposit Xxxxxxx Money/Security Deposit shall be valid up to a period of five years or the complete conclusion that of the contractual obligations to the complete satisfaction of both the BIDDER and the BUYER, including warrantee period whicheverwarranty period, whichever is later. 5.3 In case of the successful BIDDER a clause would also be incorporated in the article Article pertaining to performance bound Performance Bond in the purchase contract Purchase Contract that the provisions of sanctions Sanctions for violation Violation shall be applicable for forfeiture of performance bound Performance Bond in case of a decision by the BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pactPact. 5.4 No interest shall be payable by the BUYER to the BIDDER or xxxxxxx money / security deposit on Xxxxxxx Money/Security Deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 While submitting commercial bid, the BIDDER shall deposit an amount of Rs. _________( to be specified in RFP ) Rs.1,00,000/- as xxxxxxx money / security depositXxxxxxx Money/Security Deposit, with the BUYER through any of the following instrument :-instruments. (1) i. Bank draft Draft or a pay order Pay Order in favour of Principal, Kendriya Vidyalaya, ______________________NABARD (2) ii. A confirmed guarantee by an Indian nationalized bank Nationalised Bank, promising payment of the guarantee some guaranteed sum to the BUYER on demand within three working days without any demur whatsoever and without seeking any reasons whatsoever. The demand for payment by the BUYER shall be treated as conclusive proof of payment. (3) iii. Any other mode or through any other instrument (to be as specified in the RPFRFP) 5.2 The xxxxxxx money / security deposit Xxxxxxx Money/ Security Deposit shall be valid up to a period of five years or upto the complete conclusion that of the contractual obligations to the complete satisfaction of both the BIDDER and the BUYER, including warrantee period whicheverwarranty period, whichever is later. 5.3 In case of the successful BIDDER a clause would also be incorporated in the article Article pertaining to performance bound Performance Bond in the purchase contract Purchase Contract that the provisions of sanctions Sanctions for violation Violation shall be applicable for forfeiture of performance bound Performance Bond in case of a decision by the BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pactPact. 5.4 No interest shall be payable by the BUYER to the BIDDER or xxxxxxx money / security deposit on Xxxxxxx Money/ Security Deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 5.1. While submitting commercial bid, the BIDDER shall deposit an amount of Rs. _________( to be as specified in the RFP ) as xxxxxxx money / security depositXxxxxxx Money/Security Deposit, with the BUYER through any of the following instrument instruments:- (1i) Bank draft Draft or a pay order Pay Order in favour of Principal, Kendriya Vidyalaya, ______________________of (2ii) A confirmed guarantee by an Indian nationalized bank Nationalised Bank, promising payment of the guarantee some guaranteed sum to the BUYER on demand within three working days without any demur whatsoever and without seeking any reasons whatsoever. The demand for payment by the BUYER shall be treated as conclusive proof of payment. (3iii) Any other mode or through any other instrument (to be specified instrument, as stated in the RPF)RFP. 5.2 5.2. The xxxxxxx money Xxxxxxx Money / security deposit Security Deposit shall be valid up to upto a period of five years or the complete conclusion that of the contractual obligations to the complete satisfaction of both the BIDDER and the BUYER, including warrantee period whicheverwarranty period, whichever is later. 5.3 5.3. In case of the successful BIDDER a clause would also be incorporated in the article Article pertaining to performance bound Performance Bond in the purchase contract Purchase Contract that the provisions of sanctions Sanctions for violation Violation shall be applicable for forfeiture of performance bound Performance Bond in case of a decision by the BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pactPact. 5.4 5.4. No interest shall be payable by the BUYER to the BIDDER or xxxxxxx money on Xxxxxxx Money / security deposit Security Deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 While submitting commercial bid, the BIDDER bidder shall deposit an amount of Rs. _________( (to be specified in RFP RFP) as xxxxxxx money / security depositXxxxxxx Money/ Security Deposit, with the BUYER Bank through any of the following instrument instruments:- (1i) Bank draft Draft or a pay order Order in favour of Principal, Kendriya Vidyalaya, ______________________. (2ii) A confirmed guarantee by an Indian from any nationalized bank in India, promising payment of the guarantee some guaranteed sum to the BUYER Bank on the demand within three working days without any demur whatsoever and without seeking any reasons whatsoever. The demand for payment by the BUYER Bank shall be treated as conclusive proof of payment. (3iii) Any other mode or through any other instrument (to be specified in the RPFRFP) 5.2 The xxxxxxx money / security deposit Xxxxxxx Money/Security Deposit shall be valid up to a period of five years or the complete conclusion that of the contractual obligations to the complete satisfaction of both the BIDDER Bidder and the BUYER, Bank including warrantee period whichever, warranty whichever is later. 5.3 In The bidder agrees that in case of its selection as the successful BIDDER a clause would bidder, any breach/violation in this Integrity Pact shall also be incorporated in the article pertaining to performance bound in the purchase contract that the provisions of sanctions for violation shall be applicable for entail forfeiture of performance bound in case Bonds/Performance Bank Guarantee (PBG) and the decision of a decision by BUYER the Bank imposing the sanction to forfeit the same performance bonds/ PBG without assigning any reason for imposing sanction for violation of this pactshall be final and binding. 5.4 No interest shall be payable by the BUYER Bank to the BIDDER or xxxxxxx money / security deposit bidder on Xxxxxxx Money /Security Deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 While submitting commercial bid, the BIDDER shall deposit an amount of Rs. _________( to be specified in RFP ) as xxxxxxx money / security deposit7,87,000/-as Xxxxxxx Monery/ Security Deposit, with the BUYER through any of the following instrument :-instruments. (1) i. Bank draft Draft or a pay order Pay Order in favour of Principal, Kendriya Vidyalaya, ______________________NAABRD (2) ii. A confirmed guarantee by an Indian nationalized bank Nationalised Bank, promising payment of the guarantee some guaranteed sum to the BUYER on demand within three working days without any demur whatsoever and without seeking any reasons whatsoever. The demand for payment by the BUYER shall be treated as conclusive proof of payment. (3) iii. Any other mode or through any other instrument (to be as specified in the RPFRFP) 5.2 The xxxxxxx money / security deposit Xxxxxxx Money/ Security Deposit shall be valid up to upto a period of five One years or the complete conclusion that of the contractual obligations to the complete satisfaction of both the BIDDER and the BUYER, including warrantee period whicheverwarranty period, whichever is later. 5.3 In case of the successful BIDDER a clause would also be incorporated in the article Article pertaining to performance bound Performance Bond in the purchase contract Purchase Contract that the provisions of sanctions Sanctions for violation Violation shall be applicable for forfeiture of performance bound Performance Bond in case of a decision by the BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pactPact. 5.4 No interest shall be payable by the BUYER to the BIDDER or xxxxxxx money / security deposit on Xxxxxxx Money/ Security Deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 While submitting commercial bid, the BIDDER shall deposit an amount of Rs. _________( to be specified in RFP ) Rs.74000/- as xxxxxxx money / security depositXxxxxxx Monery/ Security Deposit, with the BUYER through any of the following instrument :-instruments. (1) i. Bank draft Draft or a pay order Pay Order in favour of Principal, Kendriya Vidyalaya, ______________________XXXXXX (2) ii. A confirmed guarantee by an Indian nationalized bank Nationalised Bank, promising payment of the guarantee some guaranteed sum to the BUYER on demand within three working days without any demur whatsoever and without seeking any reasons whatsoever. The demand for payment by the BUYER shall be treated as conclusive proof of payment. (3) iii. Any other mode or through any other instrument (to be as specified in the RPFRFP) 5.2 The xxxxxxx money / security deposit Xxxxxxx Money/ Security Deposit shall be valid up to upto a period of five years one year or the complete conclusion that of the contractual obligations to the complete satisfaction of both the BIDDER and the BUYER, including warrantee period whicheverwarranty period, whichever is later. 5.3 In case of the successful BIDDER a clause would also be incorporated in the article Article pertaining to performance bound Performance Bond in the purchase contract Purchase Contract that the provisions of sanctions Sanctions for violation Violation shall be applicable for forfeiture of performance bound Performance Bond in case of a decision by the BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pactPact. 5.4 No interest shall be payable by the BUYER to the BIDDER or xxxxxxx money / security deposit on Xxxxxxx Money/ Security Deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 6.1 While submitting commercial bid, the BIDDER shall deposit an amount of Rs. _________( .................. (to be specified in RFP NIT / RFP) as xxxxxxx money / Xxxxxxx Money/security deposit, . with the BUYER through any of the following instrument instruments:- (1i) Bank draft Draft or a pay order Pay Order in favour of Principal, Kendriya Vidyalaya, ______________________……………………………….. (2ii) A confirmed guarantee by an Indian nationalized bank Nationalized Bank, promising payment of the guarantee some guaranteed sum to the BUYER on demand within three working days without any demur whatsoever and without seeking any reasons reason whatsoever. The demand for payment by the BUYER shall be treated as conclusive proof of for payment. (3iii) Any other mode or through any other instrument ([to be specified in the RPF)NIT / RFP]. 5.2 6.2 The xxxxxxx money / security deposit Security Deposit shall be valid up to a period of five years or upto the complete conclusion that of the contractual obligations to for the complete satisfaction of both the BIDDER and the BUYERBUYER or upto the warranty period, including warrantee period whichever, whichever is later.. - 5.3 6.3 In case of the successful BIDDER BIDDER, a clause would also be incorporated in the article Article pertaining to performance bound Performance Bond in the purchase contract Purchase Contract that the provisions of sanctions Sanctions for violation Violation shall be applicable for forfeiture of performance bound Performance Bond in case of a decision by the BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pact.Pact. - - 5.4 6.4 No interest shall be payable by the BUYER to the the- BIDDER or xxxxxxx money / security deposit on Xxxxxxx Money/Security Deposit for the period of its currency.

Xxxxxxx Money (Security Deposit). 5.1 While submitting commercial bid, the BIDDER shall deposit an amount of Rs. _________( to be amount_ (as specified in RFP RFP) as xxxxxxx money / security depositXxxxxxx money/security, with the BUYER through any of the following instrument :-instruments:- (1i) Bank draft or a pay order in favour of Principal, Kendriya Vidyalaya, ______________________favor of (2ii) A confirmed guarantee by an Indian nationalized bank bank, promising payment of the guarantee some guaranteed sum to the BUYER on demand within three working days without any demur whatsoever and without seeking any reasons whatsoever. The whatsoever .the demand for payment by the BUYER shall be treated as conclusive proof of payment. (3iii) Any other mode or through any other instrument (to be specified in the RPFRFP). 5.2 The xxxxxxx Xxxxxxx money / security Security deposit shall be valid up to a period of five years or the complete conclusion that of the contractual obligations to the complete satisfaction of both the BIDDER and the BUYER, including warrantee period whicheverwarranty period, whichever is later. 5.3 In case of the successful BIDDER a clause would also be incorporated in the article pertaining to performance bound bond in the purchase contract that the provisions of sanctions sanction for violation shall be applicable for for, forfeiture of performance bound bond in case of a decision by the BUYER to forfeit the same without assigning any reason for imposing sanction for violation of this pact. 5.4 No interest shall be payable by the BUYER to the BIDDER or xxxxxxx money / security deposit on Xxxxxxx Money/Security Deposit for the period of its currency.