Examples of RFP in a sentence
We Bank do hereby unconditionally and irrevocably undertake to pay to SIDBI without any demur or protest, merely on demand from SIDBI, an amount not exceeding Rs. ---------- (--------- only).by reason of any breach of the terms of the RFP dated ---- by vendor.
Non-refundable Bid Price of Rs.1,180/- (Rupees One Thousand One Hundred and Eighty only inclusive of GST) by way of Banker’s Cheque/ Demand Draft/ Pay Order drawn on a scheduled bank, favouring ‘Small Industries Development Bank of India’, payable at Chennai must be submitted separately along with RFP response.
The Bank clarifies that the Bank shall be entitled to an injunction, restraining order, right for recovery, specific performance or such other equitable relief as a court of competent jurisdiction may deem necessary or appropriate to restrain the Bidder from committing any violation or enforce the performance of the covenants, obligations and representations contained in this RFP.
It shall be the sole responsibility of the vendor to comply with all statutory and regulatory provisions while delivering the services mentioned in this RFP, during the course of the contract.
We hereby agree that the decision of the SIDBI regarding breach of the terms of the RFP shall be final, conclusive and binding WE do hereby guarantee and undertake to pay forthwith on demand to SIDBI a sum not exceeding `……………/-.
Purpose of the meeting is to bring utmost clarity on the scope of work and terms of the RFP being floated.
AND WHEREAS, it has been stipulated by you in the said RFP that the Vendor shall furnish you with a Bank Guarantee from a commercial Bank for the sum specified therein, as security for compliance with the Vendor’s performance obligations in accordance with the RFP.
Any Variation of or amendment to the RFP or any other document or security so that references to the Contract in this Guarantee shall include each such Variation and amendment; 4.
Disclosures of receipt of this RFP or any part of the aforementioned information to parties not directly involved in providing the services requested could result in the disqualification of the vendors, premature termination of the contract, or legal action against the vendors for breach of trust.
In this Contract, the following terms shall be interpreted as indicated: 11.1.1. “The Bank”, “SIDBI” , “Purchaser”, “Buyer” means Small Industries Development Bank of India (SIDBI); 11.1.2. “Bidder’”, “Vendor”, “Supplier”, “Service Provider”, “Seller” means the respondent to the RFP document.