Long-term agreement definition

Long-term agreement means an agreement or contract having a term of more than
Long-term agreement means an agreement or contract having a term of more than five years but less than 50 years.
Long-term agreement means a Service Agreement with a primary term of one year or more.

Examples of Long-term agreement in a sentence

  • The ITB include Two Years Long Term Agreement for supply of constructions materials and tools in IOM Afghanistan as further described in Section 5 of this ITB.

  • For greater certainty, nothing in this section 8.3 creates a legal obligation of any Party to execute the Long Term Agreement.

  • The Parties are committed to finalizing, and will work together in good faith to conclude, a Long Term Agreement in respect of the sharing of Provincial gaming revenues with the Partnership, and to develop mechanisms to establish certainty of that revenue sharing over the next 25 years.

  • The Parties will further discuss, and will seek to address, this matter in the Long Term Agreement.

  • It is the intention of the Parties that, with the exception of its Term and such changes as may be necessary in light of any additional measures implemented by the Province, the Long Term Agreement be consistent with the terms of this Interim Agreement.


More Definitions of Long-term agreement

Long-term agreement means a contract or agreement between a provider and an owner under which:
Long-term agreement refers to a written agreement between UNDP and a supplier that is established for specific goods or services at prescribed prices or pricing provisions for a defined period of time, against which specific orders (call-offs) can be placed at any time during the defined period and with no legal obligation to order any minimum or maximum quantity.
Long-term agreement means a Service Agreement with a
Long-term agreement means any contract or agreement with an unexpired term (inclusive of extension periods) in excess of one year; provided that any contract or agreement which may be terminated by the applicable Issuer without cause and without penalty on sixty (60) days' advance notice or less shall not be a Long-Term Agreement for purposes hereof.
Long-term agreement means an agreement or contract having a term of more than five years and less than 50 years.
Long-term agreement means any contract or agreement with an unexpired term (inclusive of extension periods) in excess of one year; provided that any contract or agreement which may be terminated by the applicable Issuer without cause and without penalty on sixty (60) days’ advance notice or less shall not be a Long-Term Agreement for purposes hereof.