Description & Scope Clause Samples

The Description & Scope clause defines the specific services, products, or obligations covered by the agreement. It typically outlines what is included and excluded, sets boundaries for the parties' responsibilities, and may reference detailed specifications or deliverables. By clearly delineating what is expected, this clause helps prevent misunderstandings and disputes by ensuring both parties have a shared understanding of the contract's coverage.
Description & Scope. The focus of this phase is BOP fabrication in Korea, with locally sourced BOP or FCE’s current BOP components manufactured to FCE’s existing designs for the DFC products. It is anticipated that the first product manufactured by POSCO Power/POSCO Affiliate will be the DFC300MA. However POSCO Power may elect to manufacture the DFC1500MA or the DFC3000 at POSCO Power’s sole discretion based on the outcome of their market study activity. The first article DFC BOP manufactured by POSCO Power/POSCO Affiliate in Phase 1 is to be tested at a test facility, not a customer site, in Korea. 1.2.1 During this phase, FCE agrees to do the followings: (i) to make available technology, information, and know-how relating to: Fabrication of the BOP for POSCO Products in a modified but existing POSCO Power/POSCO Affiliate facility, using the existing design of FCE; Pre-shipment performance testing and quality evaluations for demonstrating achievement of contract requirements and safety standards; and Installation and commissioning of power plants at end customers’ facilities. (ii) to transfer know-how relating to comprehensive operation and maintenance service support to end use customers. For power plants sold to customers during years 1 to 3, FCE will undertake this responsibility, using FCE personnel stationed in Korea, or other arrangement as may be mutually agreed between FCE and POSCO Power. The commercial terms and program approach for service activities described in this paragraph are as outlined in the TTA. (iii) to purchase EBOP and MBOP manufactured by POSCO Power/POSCO Affiliate during Phase 1 for sale to FCE’s customers in North America; provided that FCE’s cost targets, commercial performance levels, and quality standards are met, which shall be communicated to POSCO Power/POSCO Affiliate in advance. The determination whether to procure BOP from POSCO Power/POSCO Affiliate for sale to FCE’s customers shall be made at the sole discretion of FCE. (iv) to assist POSCO Power/POSCO Affiliate regarding procurement of BOP components from FCE vendors until such time as POSCO Power/POSCO Affiliate’s vendor network is developed. FCE shall use commercially reasonable efforts to supply BOP components from FCE’s vendors to POSCO Power/POSCO Affiliate with favorable conditions. 1.2.2 During this phase, POSCO Power/POSCO Affiliate agree to do the followings: (i) to design and manufacture EBOP units to FCE’s performance specifications and cost targets. (ii) to translate into Ko...
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Description & Scope. Setup Benefits Configured for One (1)
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Related to Description & Scope

  • Descriptions All descriptions referred to in this Agreement are expressly incorporated herein by reference as if set forth in full, whether or not attached hereto.

  • Description of Deliverables The Contractor shall Perform as set forth in Exhibit A.

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  • Task Description This task includes activities associated with permit-required monitoring conducted in accordance with the conditions specified by state or federal regulatory agencies. All monitoring tasks must be located within or adjacent to the Project area and follow the Department’s Regional Coastal Monitoring Program and FWC's marine turtle and shorebird monitoring programs. Guidance for monitoring of nearshore resources is available in the Department's Standard Operation Procedures For Nearshore Hardbottom Monitoring Of Beach Nourishment Projects. The Local Sponsor must submit work products directly to the appropriate state or federal regulatory agencies in accordance with permit conditions to be eligible for reimbursement under this task, unless otherwise directed.

  • Service Descriptions Credit Card processing services: Global Direct’s actions to the appropriate card associations and/or issuers (e.g., Visa, MasterCard, Diners, Discover); settlement; dispute resolution with cardholders’ banks; and transaction-related reporting, statements and products. Debit/ATM Processing Services: Global Direct has connected to the following debit card networks (“Networks”): Accel, AFFN, Interlink, MAC, Maestro, NYCE, Pulse, Star, and Tyme. Global Direct will provide Merchant with the ability to access the Networks that Global Direct has connected to for the purpose of authorizing debit card transactions at the point of sale from cards issued by the members of the respective Networks. Global Direct will provide connection to such Networks, terminal applications, settlement and reporting activities. EBT Transaction Processing Services: Global Direct offers electronic interfaces to Electronic Benefits Transfer (“EBT”) networks for the processing of cash payments or credits to or for the benefit of benefit recipients (“Recipients”). Global Direct will provide settlement and switching services for various Point of Sale transactions initiated through Merchant for the authorization of the issuance of the United States Department of Agriculture, Food and Nutrition Services (“FNS”) food stamp benefits (“FS Benefits”) and/or government delivered cash assistance benefits (“Cash Benefits, ”with FS Benefits, “Benefits”) to Recipients through the use of a state-issued card (“EBT Card”). With respect to Visa and MasterCard products, Merchant agrees to pay and Merchant's account(s) will be charged pursuant to Section 5 of this Agreement for any additional fees incurred as a result of Merchant's subsequent acceptance of transactions with any Visa or MasterCard product that it has not elected to accept.