Quote / Quotation definition

Quote / Quotation. An offer to supply Property in response to a Request for Quotation and generally used for small or emergency purchases.
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Quote / Quotation means a document that a Supplier submits to OFA with a proposed price for the Supplier's goods and / or services based on certain conditions. 1.10 “Goods and Services” means all Goods (including but not limited to, any supplementary aftermarket accessories and/or consumables) or Services requested by OFA from the Supplier at OFA’s request from time to time and as described in the Purchase Order or appropriate order documentation (where the context so permits the terms ‘Goods’ or ‘Services’ shall be interchangeable for the other). 1.11 “Delivery Address” means the place for delivery as specified on the Order. 1.12 “Delivery Date” means the delivery date specified on the Order, or a date subsequently notified in writing by OFA to the Supplier. 1.13 “Dispute” means any dispute or issue arising between OFA and Supplier pursuant to which OFA considers that they should not pay the Supplier or pursuant to which either OFA or Supplier considers they have a claim against the other party. 1.14 “Defective” means Goods and / or Services (or any aspect of them) which are not in accordance with the order or which are damaged, deficient, faulty, inadequate or incomplete. 1.15 “Due Date for Payment” means, unless otherwise stated on the front of this agreement, or as specifically agreed separately, either fifteen (15) or thirty (30) days from either the date of the Purchase Order or the receipt of goods / provision of the services as the case may be. 1.16 “Price” means the Price payable from the Customer to the Supplier, including all other costs and charges (plus any GST where applicable) for the Goods as agreed between the Supplier and the Customer in accordance with clause 8 below. 1.17 “Force Majeure” means unforeseen circumstances that prevent someone or a party to this contract from fulfilling a contract clause, which may relieve a party from performing its contract obligations, due to an event outside the reasonable control of the affected party. The effect of force majeure is that it may enable the non-performing party to escape liability for failing to perform as a result of the force. It is not limited to events in Australia and includes all forms of international contracts with Customers. Examples of Force Majeure for the terms of this agreement include, but are not limited to: (a) Natural disasters (b) Government intervention (c) Epidemics (d) Pandemics 1.18 “GST” means Goods and Services Tax (GST) as defined within the “A New Tax System (Goods and Services Ta...
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Quote / Quotation means a document issued by Legato to Reseller which specifies the Technical Support Fees which Reseller is expected to pay Legato.
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More Definitions of Quote / Quotation

Quote / Quotation means a document that OFA submits to a Customer with a proposed price for OFA’s goods and / or services based on certain conditions.
Sample 1
Quote / Quotation means a document that OFA submits to a Customer with a proposed price for OFA’s goods and / or services based on certain conditions. 1.10 “Goods and Services” means all Goods (including but not limited to, any supplementary aftermarket accessories and/or consumables) or Services supplied by OFA to the Customer at the Customer’s request from time to time (where the context so permits the terms ‘Goods’ or ‘Services’ shall be interchangeable for the other). 1.11 “Delivery Address” means the place for delivery as specified on the Order. 1.12 “Delivery Date” means the delivery date specified on the Order, or a date subsequently notified in writing by OFA to the Customer. 1.13 “Dispute” means any dispute or issue arising between OFA and the Customer, pursuant to which, OFA considers that they should receive payment from the Supplier or pursuant to which either OFA or Supplier considers they have a claim against the other party. 1.14 “Defective” means Goods and / or Services (or any aspect of them) which are not in accordance with the order or which are damaged, deficient, faulty, inadequate, or incomplete. 1.15 “Charges” means the charges payable by the Customer to the Supplier as specified on the particular quote, order, invoice, or other documentation.
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Related to Quote / Quotation

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Full Quotation means, in accordance with the Quotation Method, each firm quotation obtained from a Dealer at the Valuation Time, to the extent reasonably practicable, for an amount of the Reference Obligation with an outstanding principal balance equal to the Quotation Amount;

  • Request for Quotation (RFQ means the solicitation document issued by the DFMDC to potential bidders for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Amendments thereto.

  • Request for Quotation (“RFQ”) means a document or documents containing the specification, and proposed terms and conditions issued to potential suppliers to solicit written Quotations.

  • Request for Quotations means a Written or oral request for prices, rates or other conditions under which a potential Contractor would provide Goods or perform Services, Personal Services or Public Improvements described in the request.

  • Reference Government Bond Dealer Quotations means, with respect to each Reference Government Bond Dealer and any date of redemption, the arithmetic average, as determined by the Determination Agent, of the bid and offered prices for the Reference Bond (expressed in each case as a percentage of its nominal amount) at the Quotation Time on the Reference Date quoted in writing to the Determination Agent by such Reference Government Bond Dealer; and

  • formal written price quotation means quotations referred to in paragraph 12 (1) (c) of this Policy;

  • Quotation Day means, in relation to any period for which an interest rate is to be determined, two (2) Business Days before the first day of that period.

  • Reference Treasury Dealer Quotation means, with respect to the Reference Treasury Dealer and any redemption date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at or before 5:00 p.m., New York City time, on the third Business Day preceding such redemption date.

  • Interest Quotation Day means, in relation to any period for which Interest Rate is to be determined, 2 Quotation Business Days before the first day of the relevant Interest Period.

  • Reference Treasury Dealer Quotations means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third Business Day preceding such Redemption Date.

  • LIBOR Market Index Rate means, for any day, LIBOR as of that day that would be applicable for a LIBOR Loan having a one-month Interest Period determined at approximately 10:00 a.m. Central time for such day (rather than 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period as otherwise provided in the definition of “LIBOR”), or if such day is not a Business Day, the immediately preceding Business Day. The LIBOR Market Index Rate shall be determined on a daily basis.

  • Non-LIBOR Quoted Currency means any currency other than a LIBOR Quoted Currency.

  • Quotation Date means, in relation to any Interest Period (or any other period for which an interest rate is to be determined under any provision of a Finance Document), the day on which quotations would ordinarily be given by leading banks in the London Interbank Market for deposits in the currency in relation to which such rate is to be determined for delivery on the first day of that Interest Period or other period;

  • Reference German Bund Dealer Quotations means, with respect to each Reference German Bund Dealer and any relevant date, the average as determined by the Issuer of the bid and offered prices for the Comparable German Bund Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Issuer by such Reference German Bund Dealer at 3:30 p.m. Frankfurt, Germany time on the third Business Day preceding the relevant date.

  • LIBOR Quoted Rate means, for any day, the rate per annum equal to the quotient of (i) the rate per annum (rounded upwards, if necessary, to the next higher one hundred-thousandth of a percentage point) for deposits in U.S. Dollars for a one-month interest period which appears on the LIBOR01 Page as of 11:00 a.m. (London, England time) on such day (or, if such day is not a Business Day, on the immediately preceding Business Day) divided by (ii) one (1) minus the Eurodollar Reserve Percentage.

  • Error Quote (Spike) means an Error Quote with the following characteristics:

  • LIBOR Quoted Currency means each of the following currencies: Dollars; Euro; Sterling; Yen; and Swiss Franc; in each case as long as there is a published LIBOR rate with respect thereto.

  • Reference Dealer Rate means with respect to the Reference Dealers and the Optional Redemption Date, the average of the five quotations of the mid-market annual yield to maturity of the Reference Bond or, if the Reference Bond is no longer outstanding, a similar security in the reasonable judgement of the Reference Dealers at 11.00 a.m. London time on the third business day in London preceding the Optional Redemption Date quoted in writing to the Issuer by the Reference Dealers.

  • written or verbal quotations means quotations referred to in paragraph 12(1)(b) of this Policy.

  • Bid Rate Quote means an offer in accordance with Section 2.2.(c) by a Lender to make a Bid Rate Loan with one single specified interest rate.

  • Reference Market Price shall initially mean $25.165 and, in the event of any adjustment to the Conversion Price pursuant to Sections 15.5(a), (b), (c), (d), (e), (f) or (g), the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of $25.165 to the initial Conversion Price specified in the form of Debenture attached hereto (without regard to any adjustment thereto).

  • Request for Quote (RFQ means the solicitation document issued by OA/FMDC to potential vendors for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Addendums thereto.

  • Mid-Market Swap Rate means for any Reset Period the mean of the bid and offered rates for the fixed leg payable with a frequency equivalent to the frequency with which scheduled interest payments are payable on the Notes during the relevant Reset Period (calculated on the day count basis customary for fixed rate payments in the Relevant Currency as determined by the Calculation Agent) of a fixed-for-floating interest rate swap transaction in the Relevant Currency which transaction (i) has a term equal to the relevant Reset Period and commencing on the relevant Reset Date, (ii) is in an amount that is representative for a single transaction in the relevant market at the relevant time with an acknowledged dealer of good credit in the swap market and (iii) has a floating leg based on the Mid-Swap Floating Leg Benchmark Rate for the Mid-Swap Maturity (calculated on the day count basis customary for floating rate payments in the Relevant Currency as determined by the Calculation Agent);

  • Reference Market-makers means four leading dealers in the relevant market selected by the party determining a Market Quotation in good faith (a) from among dealers of the highest credit standing which satisfy all the criteria that such party applies generally at the time in deciding whether to offer or to make an extension of credit and (b) to the extent practicable, from among such dealers having an office in the same city.

  • Quotation Amount means the amount in the Relevant Currency stated as the notional amount with respect to a particular Limit Bid, Limit Offer, Initial Market Bid, Initial Market Offer, Physical Settlement Buy Request or Physical Settlement Sell Request in a Participating Bidder's Initial Market Submission, a Physical Settlement Request or Limit Order Submission, as applicable, which amount in each case will be an integral multiple of an amount equal to the Quotation Amount Increment.