Definicija Framework Agreement

Framework Agreement has the meaning given in Recital (e).

Framework Agreement means the agreement to be entered into between the Borrower, through MCTI, and a Participating LSG pursuant to Schedule 2, Section I(C)(1) of this Agreement.

Framework Agreement has the meaning given in Recital (e). „GAAP” means generally accepted accounting principles in the Republic of Serbia.

Examples of Framework Agreement in a sentence

• If the Framework Agreement is translated into another language, the English version shall prevail in the event of any conflicting interpretation or in the event of a dispute between the Parties.

• The Borrower shall pay any outstanding interest under Clause 6.3 (Late payment and default interest) of the Framework Agreement immediately on demand by the Lender or on each Payment Date following the due date for the outstanding payment.

• Any dispute arising out of or in connection with the Framework Agreement shall be referred to and finally settled by arbitration under the Rules of Conciliation and Arbitration of the International Chamber of Commerce applicable on the date of commencement of arbitration proceedings, by one or more arbitrators to be appointed in accordance with such Rules.

• The Schedules annexed to the Framework Agreement and the recitals hereof form part of the Framework Agreement and have the same legal effect.

• The Parties’ contractual obligations under the Framework Agreement are not suspended if a Party initiates legal proceedings against the other Party.

• The Parties expressly agree that, by signing the Framework Agreement, the Borrower irrevocably waives all rights of immunity in respect of jurisdiction or performance on which it could otherwise rely.

• The currency of each amount payable under a Finance Document is Euros, except as provided in Clause 16.6 (Place of payment) of the Framework Agreement.

• No amendment may be made to the Framework Agreement unless expressly agreed in writing between the Parties.

• This arbitration clause shall remain in full force and effect if the Framework Agreement is declared void or is terminated or cancelled and following expiry of the Framework Agreement.

• Confirm whether or not the changes referred to have been communicated by the NAO in accordance with Annex A 4) b) of the Framework Agreement.

More Definitions of Framework Agreement

Framework Agreement has the meaning given to it in Recital (E). ”Free Quota” has the meaning given to it in Article 1.01. ”GAAP” means generally accepted accounting principles in the Republic of Serbia, including IFRS.

Framework Agreement means an agreement which meets the criteria set forth in Article 3, first paragraph, point (20) of the Public Procurement Law.

Framework Agreement means an agreement which meets the criteria set forth in Article 3, first paragraph, point (20) of the Public Procurement Law. “General Conditions” means the “International Bank for Reconstruction and Development General Conditions for Loans”, dated March 12, 2012, with the modifications set forth in Section II of this Appendix. “Human Resource Management Service” means the Borrower’s entity in charge of managing human resources in ministries, special organizations, services of the Government and support services of administrative districts, established and operating pursuant to the Borrower’s Regulation on establishment of Human Resources Management Service, published in the Borrower’s Official Gazette No106/2005, as amended through the Borrower’s Decision on Amending Regulation on establishment of Human Resources Management Service published in the Borrower’s Official Gazette No 109/2009, or any legal successor thereto. “Indirect Budget Beneficiaries” has the meaning ascribed to the term under the Law on Budget System. “Issuance of Bidding Documents” means the posting of tender documents on the Public Procurement Portal, pursuant to Article 62 of the Public Procurement Law.