Consortium definition

Consortium means several entities joining forces as an umbrella entity to gain a strategic collaborative advantage by combining their expertise, capital, efforts, skills and knowledge for the purpose of executing this tender.

Consortium means an association of medical use licensees and a PET radionuclide production facility in the same geographical area that jointly own or share in the operation and maintenance cost of the PET radionuclide production facility that produces PET radionuclides for use in producing radioactive drugs within the consortium for noncommercial distributions among its associated members for medical use. The PET radionuclide production facility within the consortium must be located at an educational institution or a Federal facility or a medical facility.

Consortium means any group of persons or firms jointly submitting a Bid as Bid to this RFP and “Consortia” means more than one Consortium;

Examples of Consortium in a sentence

• The Authority shall have the right to release payments solely to the Lead Member and shall not in any manner be responsible or liable for the inter se allocation of payments among members of the Consortium.}$ $ This Clause 1.5 may be omitted if the Contractor is not a Consortium.

• Even if the Contractor is a Consortium, the Authority may, at its discretion, delete this provision.

• The Contractor shall ensure that each member of the Consortium shall be bound by any decision, communication, notice, action or inaction of the Lead Member on any matter related to this Agreement and the Authority shall be entitled to rely upon any such action, decision or communication of the Lead Member.

• The terms and conditions in the bid documents more specifically clause 1.3 & 7.14 of ITB (appropriate clause reference pertaining to Consortiums to be given for LSTK tenders) have been read and understood by the Consortium and acceptable to each member of the Consortium who agrees to abide by the same.

• This Consortium Agreement shall continue in full force and effect until complete fulfilment of all obligations undertaken by the Parties under the Grant Agreement and under this Consortium Agreement.

More Definitions of Consortium

Consortium means when more than one (1) business entities (i.e. Consortium members) agree to work together and submit one (1) Proposal to satisfy the requirements of the RFP. One (1) of the Consortium members shall identify itself as the Proponent and assume full responsibility and liability for the work and actions of all Consortium members;

Consortium shall have the meaning set forth in Recital (B);}

Consortium means the consortium formed by the Parties hereto to undertake the Transaction.

Consortium means the consortium of the Centers, managed by the Consortium Board, established on April 29, 2010 to manage and implement the SRF (including CRPs), including as the Consortium is initially operated under a memorandum of understanding with one of the Centers.

Consortium. - means several entities join force under a large project umbrella to gain a strategic collaborative advantage

Consortium means an unincorporated association of natural or juridical persons bound by contract or law, solidarily undertaking by mutual written agreement a common enterprise which is to participate in the Bidding Process.

Consortium means the consortium consisting of (i) XXXX, (ii) YYYY, and (iii) ZZZZ formed, to implement the Project