Examples of Foreign principal in a sentence
Foreign principal should ensure compliance to regulatory guidelines which require mandatory submission of Agency agreement.
Foreign (principal) bidder shall submit one performance bank guarantee as per GPC for total order value including value of items source from India.
Single Purchase order shall be issued on the Foreign principal clearly indicating the sub- supplier’s / sub-contractor’s name, material and corresponding price in Indian Rupees.
Any merger and acquisition of the Foreign principal by other companies / firms must be intimated to NIMR, NEW DELHI immediately.
Foreign principal investigator: Professor Ninoslav Stojadinovic, Department Head.
However if the foreign principal desires to avail the services of an Indian Agent, then the foreign principal should ensure the compliance to regulatory guidelines, which requires mandatory submission of an agency agreement.2) It shall be incumbent on the Indian Agent and the Foreign principal to adhere to the relevant guidelines of Government of India, issued from time to time.
Clause 23 (a) b) Foreign Bidder must disclose the name and address of agent and representative in India Likewise Indian Bidder must also disclose their Foreign principal or associates.
Any clarification submitted by the bidder in respect of its bid which is not in response to a request by the purchaser shallnot be considered. Either the Indian Agent on behalf of the Foreign principal or the Foreign principal can bid directly in a tender but not both.
Agent Foreign principal should ensure compliance to regulatory guidelines which require mandatory submission of Agency agreement.
Quotationz/ Bidz not in accordance with Ceneral Termz and Conditionz are lihely to be ignored.Page 5 of 187.6 In yhe absence oG any agency agreemeny, BHEL shall noy deal wiyh any Indian ageny (auyhorized represenyayiyes/associayes/consulyany, or by whayeyer name called) and shall deal direcyly wiyh yhe Foreign principal only Gor all correspondence and business purposes.