Tender Sum definition

Tender Sum means the daily rate to the Council quoted by the Contractor for the execution of the contract at the commencement date.
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Tender Sum means the sum named in the Tender Form.
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Tender Sum means the total tender sum for the Contract period as tendered by the Contractor.
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Examples of Tender Sum in a sentence

  • The limit of approved Variations shall be + 15% of the Tender Sum.

  • VARIATIONS AND CLAIMS Add the following sub-clauses: 10.2 Permitted Variations (d) The Engineer shall not be permitted to issue Variations to a value greater than the Tender Sum without approval from the Procurement Entity.

  • VARIATIONS AND CLAIMS Add the following sub-clauses: 10.2 Permitted Variations(d) The Engineer shall not be permitted to issue Variations to a value greater than the Tender Sum without approval from the Procurement Entity.

  • The Tender Sum shall not include any amount of Goods & Services Tax (hereinafter referred to as “GST”) chargeable under the Goods and Services Tax Act (Chapter 117A) in relation to the Licence of the Said Land and which is payable by the Successful Tenderer.

  • The issuance of the Tender Acceptance Letter constitutes the acceptance of the Successful Tenderer's Tender by the Licensor, whereupon the Successful Tenderer shall be bound by and deemed to have executed the Licence Agreement in respect of the Said Land at the Tender Sum contained in the Successful Tenderer's Tender, based on the terms and conditions as set out in the specimen Licence Agreement and such other terms and conditions that may be imposed by the Licensor.

  • The Total Tender Sum, as per the Quotation Form, shall be deemed to be correct.

  • Any Tender submitted without the Tender Sum and/or the Proposed Usage will not be accepted or considered.

  • Failure to indicate the Tender Sum and/or the Proposed Usages shall render the Tender disqualified.

  • If it is found on examination of a tender that there is a discrepancy between the tender Sum and the amount arrived at by the valuing the quantities at the rates or prices set against them by the tenderer, then the Tender Sum shall remain unaltered.

  • Be used to multiply the rates provided by Tenderers to reach an Estimated Tender Sum, which shall be the Tender Sum reported for consideration of acceptance by the relevant person/body specified in Appendix 1.


More Definitions of Tender Sum

Tender Sum means the total amount inserted by the Contractor in the Form of Tender.
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Tender Sum means the amount of the Tender after adjustment in respect of
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Tender Sum means: The accepted amount inclusive of tax of R..................................................................
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Tender Sum means the Tender Sum submitted by the tenderer in its tender pursuant to the terms and conditions of this Request.
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Related to Tender Sum

  • Tender Contract means the contract between the City and each Tenderer governing the ITT process;

  • Tender Price means the amount stipulated by the Tenderer in the space provided therefor in the Form of Tender, including all applicable taxes, which price, for greater certainty, is the Tenderer’s proposed Contract Price to complete all of the Work; and

  • Tender Notice means the Tender Notice set out in Part 1 of this TenderDocument;

  • Tender Process means the procurement process for this Tender as set out in the Tender Document herein.

  • Maximum Tender Condition has the meaning specified in Section 2.17(b).

  • Minimum Tender Condition shall have the meaning provided in Section 2.15(b).

  • Tender means a written offer in the form determined by an organ of state in response to an invitation to provide goods or services through price quotations, competitive tendering process or any other method envisaged in legislation;

  • Acceptable Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Tender Offer Date means, in respect of a Tender Offer, the date on which voting Shares in the amount of the applicable percentage threshold are actually purchased or otherwise obtained (as determined by the Calculation Agent).

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

  • Tender Offer means a takeover offer, tender offer, exchange offer, solicitation, proposal or other event by any entity or person that results in such entity or person purchasing, or otherwise obtaining or having the right to obtain, by conversion or other means, greater than 10 per cent. and less than 100 per cent. of the outstanding voting shares of the Share Company, as determined by the Determination Agent, based upon the making of filings with governmental or self-regulatory agencies or such other information as the Determination Agent deems relevant.

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.

  • Prepayment Date has the meaning specified in Section 2.05(c).

  • First Repayment Date means, in relation to each Tranche (and subject to clause 6.3), the date falling three (3) months after the earlier of (a) the Drawdown Date of the Delivery Advance relevant to such Tranche and (b) the last day of the Drawdown Period for the Delivery Advance relevant to such Tranche;

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.