Framework Contracts Sample Clauses
A Framework Contracts clause establishes the overarching terms and conditions that will govern multiple future transactions or agreements between the parties. It sets out the general rules, such as pricing mechanisms, delivery terms, or dispute resolution procedures, which will apply to individual orders or projects made under the framework. By doing so, it streamlines negotiations for each subsequent transaction, reduces administrative burden, and ensures consistency, thereby facilitating efficient and predictable business relationships.
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Framework Contracts. If a Framework Purchaser selects the Supplier to provide the Services in accordance with the Mini-Competition Procedure in Schedule 4, the Supplier shall enter into a Framework Contract with the Framework Purchaser. Framework Contracts will be formed by the issue of the Purchase Order (as defined in the Mini-Competition Procedure) by the individual Framework Purchaser to the Supplier following completion of the Mini-Competition Procedure. Each Purchase Order shall constitute a separate Framework Contract and default by a Framework Purchaser or Provider in relation to any one purchase order shall not entitle the other to treat such as a breach of the entire Framework Agreement and/or terminate this Framework Agreement. Each Framework Purchaser shall be responsible for awarding Framework Contracts in accordance the Mini-Competition Procedure and KCC shall not have any responsibility or liability whatsoever or howsoever arising from the award of any Framework Contract or outcome of a Mini-Competition. The Supplier shall perform all Framework Contracts in accordance with the requirements of this Framework Agreement, the terms and conditions of the respective Framework Contracts and in accordance with Irish law.
Framework Contracts. Many companies have framework contracts with a third party to carry out routine or repetitive tasks. They have been established before the beginning of the project, and are the usual practice of the beneficiaries for a given type of task. These frameworks contracts can be used to carry out tasks necessary for implementing the EC project provided they have been established on the basis of the principles of best value for money and transparency mentioned above.
Framework Contracts. Without prejudice to contracts concluded in accordance with article I. of these GTC, Media RTVS offers a possibility to conclude so-called framework contracts with their Advertisers. The framework contracts govern conditions of cooperation and mutual rights and obligations of the contracting parties during the period agreed therein. The content of mutual rights and obligations, or any agreed contractual terms and conditions may only be changed by written amendments signed by both contracting parties. Framework contracts are implemented through other specific cooperation contracts and amendments to framework contracts (concluded under these GTC), which are concluded based on written orders by the Advertiser. In the framework contracts the Advertiser guarantees the minimum amount of investments which it undertakes to invest through Media RTVS. Such amount is stated as the campaign net value, i.e. the sum after deducting all discounts and before allowing for the agency discounts, early payment discount and VAT. If the Advertiser is an agency, the amount of the minimum investment must be stated separately for each specific client. Minimum guaranteed investments by individual clients are subject to amendments of the framework contract concluded pursuant to this Article. The minimum guaranteed investment by the Advertiser may be subject to a bulk discount or to other price or non-price benefits which are subject to a mutual agreement. The number and total amount of such discounts or benefits depends on the net guaranteed investment of the Advertiser, while in case of agencies the discounts will be specified separately for each represented client, according to their minimum guaranteed investments. The Advertiser shall not be entitled to any discount or benefit automatically, it all depends exclusively on decision by Media RTVS. At its discretion, Media RTVS can agree with a combination of several discounts, including bulk discount resulting from the framework contract, with other contracts.
Framework Contracts. 2002 – BT (Worldwide) Limited – Hungarian Branch – V-Com Rt. - 27 March 2002
Framework Contracts. If a Framework Purchaser selects the Contractor to complete the Works in accordance with the Mini-Competition Procedure and Framework Rules in Schedule 4, the Contractor shall enter into a Framework Contract with the Framework Purchaser. Framework Contracts will be formed on the terms of the Public Works Short Form of Contract (PW- CF6) and by the issue of the Purchase Order (as defined in the Mini-Competition Procedure) by the individual Framework Purchaser to the Contractor following completion of the Mini-Competition Procedure. Each Framework Purchaser shall be responsible for awarding Framework Contracts in accordance the Mini-Competition Procedure and KCC shall not have any responsibility or liability whatsoever or howsoever arising from the award of any Framework Contract or outcome of a Mini-Competition. The Contractor shall perform all Framework Contracts in accordance with the requirements of this Framework Agreement, the terms and conditions of the respective Framework Contracts and in accordance with Irish law.