FOB Basis definition

FOB Basis means delivery on FOB basis wherein risk, title & custody is transferred to the Buyer at the Delivery Point unless mentioned otherwise in this agreement.
Sample 1Sample 2Sample 3

Examples of FOB Basis in a sentence

  • Necessary certificate will be issued on demand.In case of import supply the price should be quoted on FOB Basis.

  • In case the higher bidder (L-2) turns out to be an overseas bidder quoting the price on FOB Basis, the bidder shall be asked to match the price by proportionately working out the FOB price on the basis of their landed price calculated for evaluation, as on the date of price bid opening.

  • Agency commission will be paid in Indian Rupee only .Clearly indicate the quantum of Agency Commission in the offer , if any.(For imported item where the price is on FOB Basis).

  • In case of import supply the price should be quoted on FOB Basis.

  • Part-II (Commercial Bid) will indicate commercial terms i.e. price/rates, terms of payment mode of supply (FOB Basis) and delivery schedule etc.

  • Page 5 We derived our independent variable from the number of live born males from each of the monthly conception cohorts.

  • We declare that we have realized a sum of Rs. (Rupees ) during the period from to as Export realisation calculated on FOB Basis in respect of product namely Leather Garments.

  • Earning In Foreign ExchangeExport of Goods on FOB Basis 33,05,766 1,49,671 Interest and Dividends NIL NILOther Income NIL NIL TOTAL 33,05,766 1,49,671SR.NO.

  • Amount remitted during the year in Foreign Currencies : a) On account of dividends (Net after deduction of tax at source)Nil Nilb) Number of Non-resident shareholders135 135c) Number of shares held by Non-resident shareholders on which dividends are dueNil Nild) The year to which dividends relatedN.A. N.A.E. Earnings in Foreign Exchange :Export of goods calculated on F.O.B. Basis 31.67 40.173.

  • Necessary cer- tificate will be issued on demand.In case of imports, the price should be quoted on FOB Basis only.

Related to FOB Basis

  • Dry weight basis means 100 percent solids (i.e. zero percent moisture).

  • Fee Basis Amount As of any date of determination, the sum of (a) the Collateral Principal Amount, (b) the Aggregate Principal Balance of all Defaulted Obligations and (c) the aggregate amount of all Principal Financed Accrued Interest.

  • Interest Rate Basis means the Base Rate Basis or the LIBOR Basis, as appropriate.

  • Reasonable Basis means reasonable basis within the meaning of Section 6662(d)(2)(B)(ii)(II) of the Code and the Treasury Regulations promulgated thereunder (or such other level of confidence required by the Code at that time to avoid the imposition of penalties).

  • Combined cycle system means a system comprised of one or more combustion turbines, heat recovery steam generators, and steam turbines configured to improve overall efficiency of electricity generation or steam production.

  • 30/360 Basis The accrual of interest calculated on the basis of a 360-day year consisting of twelve 30-day months.

  • Actual/360 Basis The accrual of interest on the basis of the actual number of days elapsed during any relevant accrual period in a year assumed to consist of 360 days.

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.

  • Accrual basis means that basis of accounting under which costs and benefits are regarded as applicable to the period in which the liability for the cost is incurred or the right to the benefit arises, regardless of when invoiced, paid, or received.

  • Adjusted Daily Simple SOFR means an interest rate per annum equal to (a) the Daily Simple SOFR, plus (b) 0.10%; provided that if the Adjusted Daily Simple SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Fixed GAAP Terms means (a) the definitions of the terms “Capitalized Lease Obligation,” “Consolidated Interest Expense,” “Consolidated Net Income,” “Consolidated Net Tangible Assets,” “Consolidated Total Assets,” “Consolidated Senior Secured Net Debt Ratio,” “Consolidated Total Net Debt Ratio,” “Consolidated Total Indebtedness,” “Consolidated EBITDA” and “Indebtedness,” (b) all defined terms in this Indenture to the extent used in or relating to any of the foregoing definitions, and all ratios and computations based on any of the foregoing definitions, and (c) any other term or provision of this Indenture or the Notes that, at the Issuer’s election, may be specified by the Issuer by written notice to the Trustee from time to time; provided that the Issuer may elect to remove any term from constituting a Fixed GAAP Term.