Examples of Fax of Acceptance in a sentence
The contractor/vendor shall be required to submit the successful transaction details to the dealing officer immediately and necessarily within 30 days from the date of Fax of Acceptance.
Billing schedule must be furnished by the Vendor within 45 days of Fax of Acceptance / Purchase Order (whichever is earlier) in case pro-rata payments are required.1.3.1.4 5% after successful installation and erection of equipment.
Billing schedule must be furnished by the Vendor within 45 days of Fax of Acceptance / Purchase Order (whichever is earlier) in case pro-rata payments are required.1.5.3 5% payment after receipt of all final technical documents as specified in technical specifications as per PR and against EIL’s certification.1.5.4 10% within 30 days of receipt and acceptance of equipment at site.1.5.5 Performance Bank Guarantee shall be submitted within 45 days of Fax of Acceptance.
Fax of Acceptance read in conjunction with bid documents shall be binding Contract.
The contractor/vendor shall be required to submit the successful transaction details to the concerned department of BGL immediately and necessarily within 30 days from the date of Fax of Acceptance.
This Advance Bank Guarantee shall be in addition to the Performance Bank Guarantee.The Letter of Credit shall be established only on receipt of Vendor’s acceptance to IOCL’s FOA and on submission of 10% PBG as per IOCL’s format valid till full defect liability period plus three (3) months claim period.1.3.1.12 Performance Bank Guarantee for 10% of total order value (supply plus site work) shall be submitted within 45 days of Fax of Acceptance.
This 5% payment shall be made through wire transfer against certification by EIL.The Letter of Credit shall be established only on receipt of Vendor’s acceptance to IOCL’s FOA and on submission of 10% PBG as per IOCL’s format valid till full defect liability period + 3 months claim period.1.4.10 Performance Bank Guarantee shall be submitted within 45 days of Fax of Acceptance.
Confirm Delivery/ Completion Period shall be reckoned from the date of Fax of Acceptance (FOA).
Billing schedule must be furnished by the Vendor within 45 days of Fax of Acceptance / Purchase Order (whichever is earlier) in case pro-rata payments are required.Note: All final technical documents as per technical specifications provided in PR, in the required number of copies, MUST be sent to Engineers India Limited, before shipment of the equipment.
The Letter of Credit shall be established only after receipt of vendor acceptance of Fax of Acceptance and submission of performance bank guarantee for 10% of total order value valid till full defect liability period plus three months claim period.Note: All final technical documents as per technical specifications provided in PR, in the required number of copies, MUST be sent to Engineers India Limited before shipment of the equipment.