Examples of Letter of Acceptance in a sentence
This Contract shall come into effect on the date the Letter of Acceptance submitted by the Licensee & subsequently License Agreement is signed by both the parties and such other later date as discussed and agreed with the successful Licensee.
For the due performance of the Contract, The Supplier will be required to provide a Performance Bond within (7) calendar days from the date of the Letter of Acceptance to the value of five percent (5%) of the Contract Value, obtained from a Bank registered in the Sultanate of Oman, and valid for the whole of the Contract and Defects Liability Period.
After the evaluation of bids, Letter of Acceptance (LOA) will be issued to the Successful Bidder (separate LoA for each PB space).
The Licensee shall pay Interest Free Security Deposit / Performance Security to NMRC in advance of amount equivalent to the 06 (six) months i.e. 1st year’s license fee.The interest free security deposit can be paid within Thirty (30) days of Letter of Acceptance.