Low Value definition

Low Value has the meaning set forth in Section 2.3(d)(iii)(A).

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Low Value shall have the meaning set forth in Section 2.8(b)(i).

Low Value means the Contract value that requires Quotations to be obtained and is detailed within Appendix 1 Value Thresholds.

Examples of Low Value in a sentence

This Low Value Grant Agreement (hereinafter referred to as the “Agreement”) is made between the United Nations Development Programme, a subsidiary organ of the United Nations established by the General Assembly of the United Nations (hereinafter “UNDP”), and the Recipient Institution named in block 2 of the Face Sheet (the “Recipient Institution,” and together with UNDP, the “Parties”).
This Low Value Performance-Based Payment Agreement (hereinafter referred to as the “Agreement”) is made between the United Nations Development Programme, a subsidiary organ of the United Nations established by the General Assembly of the United Nations (hereinafter “UNDP”), and the Responsible Party named in Block 2 of the Face Sheet (the “Responsible Party,” and together with UNDP, the “Parties”).
No due diligence (whether funder, legal, technical, insurance or financial) shall be required in relation to Low Value Changes unless otherwise agreed between the parties.
If the Low Value Change is of a type listed in the Catalogue, the cost of carrying out that Low Value Change shall not exceed the relevant Catalogue Price and the time period for implementing the Low Value Change shall not exceed the relevant time specified in the Catalogue.
No changes shall be made to this Agreement or any Project Document as a result of a Low Value Change, unless otherwise agreed between the parties.

Low Value means values below £25,000, reasonable means of selection applies.

Low Value means estimated as a total of £10 or less in value, and “inexpensive” means estimated at £25 or less in value.

Low Value has the meaning set forth in Section 2.12(d).

Low Value has the meaning set forth in Section 9.9(b).

Low Value has the meaning specified in Section 1.4(c).

Low Value shall have the meaning specified in Section 1.5(h)(i).

Low Value has the meaning set forth in Section 2.06(g).