Common use of AND WHEREAS Clause in Contracts

AND WHEREAS. the National Bank in consideration of the conditions and covenants to be observed by the Contractor has agreed to permit the Contractor to carry out the Fire Fighting work hereinafter set out. NOW, THIS AGREEMENT WITNESS THAT IT IS MUTUALLY AGREED BY AND BETWEEN THE PARTIES:- NABARD hereby awards the work of COMPREHENSIVE ANNUAL MAINTENANCE CONTRACT FOR FIRE FIGHTING WORK in its OFFICE PREMISES from…………………….to…………………….. Subject to annual review and renewal on satisfactory performance each year for a period of two years . The contract period may be extended further depending upon the discretion of the Bank. As compensation for the work, the Contractor shall be reimbursed an amount of ( only) per month, Basic Rate plus taxes as applicable. 2. The compensation shall be payable to the Contractor by NABARD within 02 Weeks from the date of receipt of the bill for the month for which services have been rendered to the satisfaction of the Bank. 3. (a) The Contractor shall comply with the municipal and other laws, obtain license, permission as required under the contract labour laws and cover all the employees under his charge with all statutory requirements like minimum wages, PF, ESIC, etc. The Contractor shall indemnify and keep indemnified the Bank against any lapse on the Contractor’s part in complying with these conditions or any other statutory requirements in connection with the firefighting work. (b) The quality of maintenance work shall be of good standard subject to the satisfaction of the Chief General Manager of the Bank (c) The Contractor shall keep, at a conspicuous place in the said premises a complaint/ suggestion register in which complaints and suggestions, if any, could be recorded by the concerned and the complaint/suggestion register shall be open to inspection by the Chief General Manager or any other officers of the Bank so deputed by him. The Contractor shall put up the complaint register once in a week on Monday mornings and if Monday were to be a public holiday or by any other reasons the National Bank remain closed on any Monday the same shall be submitted on the next working day immediately following that day. The Chief General Manager will take such action in respect of each complaint or suggestions as the case may be and the Contractor shall be obliged to take remedial / rectification measures as instructed by the Chief General Manager. (d) The Contractor shall ensure that no loss or damage is caused by an act or default on his part or his employees and agents to the Bank`s furniture, fixture and fittings and other articles. (e) This agreement shall stand automatically terminated in the event of insolvency, death or mental disorder of the Contractor. (f) If the Chief General Manager so considers that the situation so warrants then he shall be entitled to terminate this agreement without giving any prior notice and also without assigning any reason in writing and the Contractor shall not be entitled to any compensation in the event of such termination. However, in normal course the agreement can be terminated by the Contractor by giving three months’ notice and by the Bank by giving one month`s notice. On the expiry or earlier termination of this agreement the Contractor shall remove himself and his employees/servants and agents from the premises and all articles belonging to him or his employees or agent. (g) If any dispute arises on any matter concerning this agreement, then the decision of NABARD shall be final and binding in respect of such dispute. (h) The reference to the Chief General Manager in this agreement and the schedules hereto annexed shall mean the Chief General Manager holding, charge of General Administration Department for the Chhattisgarh Regional Office at Plot no. 1, Sector no. 00, Xxxx Xxxxx, Nava Raipur, Chhattisgarh 492018 and shall include, in respect of any powers exercisable by him or NABARD under this agreement, any officers of the Bank designated by him in that behalf from time to time. (i) Annexure I, II, III, IV of the tender document giving terms and conditions of the contract shall form part of this agreement. (j) This agreement shall be executed in duplicate. The Bank shall retain the original and Contractor the duplicate. Stamp duty on original and duplicate shall be borne by the Contractor.

Appears in 1 contract

Samples: Indemnity Bond

AND WHEREAS. the National Bank in consideration of the conditions and covenants to be observed by the Contractor party has agreed to permit the Contractor party to carry out the Fire Fighting work hereinafter set out. NOW, THIS AGREEMENT WITNESS THAT IT IS MUTUALLY AGREED BY AND BETWEEN THE PARTIES:- NABARD hereby awards the work of COMPREHENSIVE ANNUAL MAINTENANCE CONTRACT FOR FIRE FIGHTING WORK in its SECURITY SERVICES – OFFICE PREMISES from…………………….to…………………….. Subject & STAFF QUARTERS in the said premises from 01/04/2022 to 31/03/2025. subject to annual review and renewal on satisfactory performance each year for a period of two years year. The contract period may be extended further depending upon the discretion of the Bank. As compensation for the work, the Contractor party shall be reimbursed an amount of ( Rs. / (Rs. only) per month, Basic Rate plus taxes as applicable. 2. The compensation shall be payable to the Contractor party by NABARD within 02 Weeks weeks from the date of receipt of the bill for the month for which services have been rendered to the satisfaction of the Bank. 3. (a) The Contractor party shall comply with the municipal and other laws, obtain license, permission as required under the contract labour laws and cover all the employees under his charge with all statutory requirements like minimum wages, wages ,PF, ESIC, ESIC etc. The Contractor party shall indemnify and keep indemnified the Bank against any lapse on the Contractorparty’s part in complying with these conditions or any other statutory requirements in connection with the firefighting fire fighting work. (b) The quality of maintenance work shall be of good standard subject to the satisfaction of the Chief General Manager of the Bank (c) The Contractor party shall keep, at a conspicuous place in the said premises a complaint/ suggestion register in which complaints and suggestions, if any, could be recorded by the concerned and the complaint/suggestion register shall be open to inspection by the Chief General Manager or any other officers of the Bank so deputed by him. The Contractor party shall put up the complaint register once in a week on Monday mornings and if Monday were to be a public holiday or by any other reasons the National Bank remain closed on any Monday the same shall be submitted on the next working day immediately following that day. The Chief General Manager will take such action in respect of each complaint or suggestions as the case may be and the Contractor party shall be obliged to take remedial / rectification measures as instructed by the Chief General Manager. (d) The Contractor party shall ensure that no loss or damage is caused by an act or default on his part or his employees and agents to the Bank`s furniture, fixture and fittings and other articles. (e) This agreement shall stand automatically terminated in the event of insolvency, death or mental disorder of the Contractorparty. (f) If the Chief General Manager so considers that the situation so warrants then he shall be entitled to terminate this agreement without giving any prior notice and also without assigning any reason in writing and the Contractor party shall not be entitled to any compensation in the event of such termination. However, in normal course the agreement can be terminated by the Contractor party by giving three months’ notice and by the Bank by giving one month`s notice. (g) On the expiry or earlier termination of this agreement the Contractor party shall remove himself and his employees/servants and agents from the premises and all articles belonging to him him, or to his employees or agent. (gh) If any dispute arises on any matter concerning this agreement, then the decision of NABARD shall be final and binding in respect of such dispute. (hi) The reference to the Chief General Manager in this agreement and the schedules hereto annexed shall mean the Chief General Manager holding, charge of General Administration Department for the Chhattisgarh Rajasthan Regional Office at Plot no. 10, Sector no. 00Xxxxx Xxxxx, Xxxx XxxxxXxxx, Nava Raipur, Chhattisgarh 492018 Xxxxxx – 000000 and shall include, in respect of any powers exercisable by him or NABARD under this agreement, agreement any officers of the Bank designated by him in that behalf from time to time. (ij) Annexure I, IIII , III, IV of the tender document giving terms and conditions of the contract shall form part of this agreement. (jk) This agreement shall be executed in duplicate. The Bank shall retain the original and Contractor party the duplicate. Stamp duty on original and duplicate shall be borne by the Contractorparty.

Appears in 1 contract

Samples: Annual Maintenance Contract for Security Services & Security Guards

AND WHEREAS. the National Bank in consideration of the conditions and covenants to be observed by the Contractor party has agreed to permit the Contractor party to carry out the Fire Fighting Electrical Maintenance work hereinafter set out. NOW, THIS AGREEMENT WITNESS THAT IT IS MUTUALLY AGREED BY AND BETWEEN THE PARTIES:- NABARD hereby awards the work of COMPREHENSIVE ANNUAL MAINTENANCE CONTRACT FOR FIRE FIGHTING WORK in its OFFICE PREMISES from…………………….to…………………….. Subject & STAFF QUARTERS in the said premises from 09.11.2020 to 30.09.2023 . subject to annual review and renewal on satisfactory performance each year for a period of two years year. The contract period may be extended further depending upon the discretion of the Bank. As compensation for the work, the Contractor party shall be reimbursed an amount of ( ` / (` only) per month, Basic Rate plus taxes as applicable. 2. The compensation shall be payable to the Contractor party by NABARD within 02 Weeks weeks from the date of receipt of the bill for the month for which services have been rendered to the satisfaction of the Bank. 3. (a) The Contractor party shall comply with the municipal and other laws, obtain license, permission as required under the contract labour laws and cover all the employees under his charge with all statutory requirements like minimum wages, wages ,PF, ESIC, ESIC etc. The Contractor party shall indemnify and keep indemnified the Bank against any lapse on the Contractorparty’s part in complying with these conditions or any other statutory requirements in connection with the firefighting fire fighting work. (b) The quality of maintenance work shall be of good standard subject to the satisfaction of the Chief General Manager of the Bank (c) The Contractor party shall keep, at a conspicuous place in the said premises a complaint/ suggestion register in which complaints and suggestions, if any, could be recorded by the concerned and the complaint/suggestion register shall be open to inspection by the Chief General Manager or any other officers of the Bank so deputed by him. The Contractor party shall put up the complaint register once in a week on Monday mornings and if Monday were to be a public holiday or by any other reasons the National Bank remain closed on any Monday the same shall be submitted on the next working day immediately following that day. The Chief General Manager will take such action in respect of each complaint or suggestions as the case may be and the Contractor party shall be obliged to take remedial / rectification measures as instructed by the Chief General Manager. (d) The Contractor party shall ensure that no loss or damage is caused by an act or default on his part or his employees and agents to the Bank`s furniture, fixture and fittings and other articles. (e) This agreement shall stand automatically terminated in the event of insolvency, death or mental disorder of the Contractorparty. (f) If the Chief General Manager so considers that the situation so warrants then he shall be entitled to terminate this agreement without giving any prior notice and also without assigning any reason in writing and the Contractor party shall not be entitled to any compensation in the event of such termination. However, in normal course the agreement can be terminated by the Contractor party by giving three months’ month’s notice and by the Bank by giving one month`s notice. (g) On the expiry or earlier termination of this agreement the Contractor party shall remove himself and his employees/servants and agents from the premises and all articles belonging to him him, or to his employees or agent. (gh) If any dispute arises on any matter concerning this agreement, then the decision of NABARD shall be final and binding in respect of such dispute. (hi) The reference to the Chief General Manager in this agreement and the schedules hereto annexed shall mean the Chief General Manager holding, charge of General Administration Department for the Chhattisgarh Rajasthan Regional Office at Plot no. 10, Sector no. 00Xxxxx Xxxxx, Xxxx XxxxxXxxx, Nava Raipur, Chhattisgarh 492018 Xxxxxx – 302015 and shall include, in respect of any powers exercisable by him or NABARD under this agreement, agreement any officers of the Bank designated by him in that behalf from time to time. (ij) Annexure I, IIII , III, IV of the tender document giving terms and conditions of the contract shall form part of this agreement. (jk) This agreement shall be executed in duplicate. The Bank shall retain the original and Contractor party the duplicate. Stamp duty on original and duplicate shall be borne by the Contractorparty.

Appears in 1 contract

Samples: Indemnity Bond

AND WHEREAS. the National Bank in consideration of the conditions and covenants to be observed by the Contractor party has agreed to permit the Contractor party to carry out the Fire Fighting work hereinafter set out. NOW, THIS AGREEMENT WITNESS THAT IT IS MUTUALLY AGREED BY AND BETWEEN THE PARTIES:- NABARD hereby awards the work of COMPREHENSIVE ANNUAL MAINTENANCE CONTRACT FOR FIRE FIGHTING WORK in its SECURITY SERVICES – OFFICE PREMISES from…………………….to…………………….. Subject & STAFF QUARTERS in the said premises from 01/04/2022 to 31/03/2025. subject to annual review and renewal on satisfactory performance each year for a period of two years year. The contract period may be extended further depending upon the discretion of the Bank. As compensation for the work, the Contractor party shall be reimbursed an amount of ( Rs. / (Rs. only) per month, Basic Rate plus taxes as applicable. 2. The compensation shall be payable to the Contractor party by NABARD within 02 Weeks weeks from the date of receipt of the bill for the month for which services have been rendered to the satisfaction of the Bank. 3. (a) The Contractor party shall comply with the municipal and other laws, obtain license, permission as required under the contract labour laws and cover all the employees under his charge with all statutory requirements like minimum wages, wages ,PF, ESIC, ESIC etc. The Contractor party shall indemnify and keep indemnified the Bank against any lapse on the Contractorparty’s part in complying with these conditions or any other statutory requirements in connection with the firefighting fire fighting work. (b) The quality of maintenance work shall be of good standard subject to the satisfaction of the Chief General Manager of the Bank (c) The Contractor party shall keep, at a conspicuous place in the said premises a complaint/ suggestion register in which complaints and suggestions, if any, could be recorded by the concerned and the complaint/suggestion register shall be open to inspection by the Chief General Manager or any other officers of the Bank so deputed by him. The Contractor party shall put up the complaint register once in a week on Monday mornings and if Monday were to be a public holiday or by any other reasons the National Bank remain closed on any Monday the same shall be submitted on the next working day immediately following that day. The Chief General Manager will take such action in respect of each complaint or suggestions as the case may be and the Contractor party shall be obliged to take remedial / rectification measures as instructed by the Chief General Manager. (d) The Contractor party shall ensure that no loss or damage is caused by an act or default on his part or his employees and agents to the Bank`s furniture, fixture and fittings and other articles. (e) This agreement shall stand automatically terminated in the event of insolvency, death or mental disorder of the Contractorparty. (f) If the Chief General Manager so considers that the situation so warrants then he shall be entitled to terminate this agreement without giving any prior notice and also without assigning any reason in writing and the Contractor party shall not be entitled to any compensation in the event of such termination. However, in normal course the agreement can be terminated by the Contractor party by giving three months’ notice and by the Bank by giving one month`s notice. (g) On the expiry or earlier termination of this agreement the Contractor party shall remove himself and his employees/servants and agents from the premises and all articles belonging to him him, or to his employees or agent. (gh) If any dispute arises on any matter concerning this agreement, then the decision of NABARD shall be final and binding in respect of such dispute. (hi) The reference to the Chief General Manager in this agreement and the schedules hereto annexed shall mean the Chief General Manager holding, charge of General Administration Department for the Chhattisgarh Rajasthan Regional Office at Plot no. 10, Sector no. 00Xxxxx Xxxxx, Xxxx XxxxxXxxx, Nava Raipur, Chhattisgarh 492018 Xxxxxx – 302015 and shall include, in respect of any powers exercisable by him or NABARD under this agreement, agreement any officers of the Bank designated by him in that behalf from time to time. (ij) Annexure I, IIII , III, IV of the tender document giving terms and conditions of the contract shall form part of this agreement. (jk) This agreement shall be executed in duplicate. The Bank shall retain the original and Contractor party the duplicate. Stamp duty on original and duplicate shall be borne by the Contractorparty.

Appears in 1 contract

Samples: Annual Maintenance Contract for Security Services & Security Guards