Examples of Execution Period in a sentence
Performance Guarantee towards Execution Period (Security Deposit) will be returned on successful completion of the Order and only after the Performance Guarantee towards warrantee/guarantee, as mentioned above, is submitted.
FORFIETURE OF E.M.D EMD will be forfeited if (i) the tender, it covers, is withdrawn during the validity of the offer or (ii) the Tenderer fails to furnish / deposit the Performance Guarantee towards Execution Period (security deposit).
EMD will be forfeited if (i) the tender, it covers, is withdrawn during the validity of the offer or (ii) the Tenderer fails to furnish / deposit the Performance Guarantee towards Execution Period (security deposit).EMD of the unsuccessful tenderer’s will be returned without intimation within 60 days of placing of the order to the successful Tenderer subject to the unsuccessful bidder returning the original receipt of the EMD together with the advance stamped receipt, to the Accounts Officer of PDPU.
Accordingly, during the Execution Period, the Bank may reduce the lower limit of the Interest Rate Collar such that the corresponding premium does not exceed the premium on the upper limit of the Interest Rate Collar.
Within the first week of every month from the issue of the Notice to Proceed during the Execution Period or at such intervals as WAPCOS Limited Representative may direct, the Contractor shall meet with WAPCOS Limited Representative and any of the Relevant Authority and any Related Works Contractors and any of their respective advisers as will be reasonably entitled to attend, to review the development of the design and Execution of the Works (“Review Meetings”).