Joint Proposal Sample Clauses
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Joint Proposal. The submission of an offer by multiple parties is conditioned upon the fulfillment of the following requirements:
a. Each Offeror must sign the proposal and must fill in and sign the Offeror information sheet.
b. If the joint proposal is accepted by IEC, the offerors will be, jointly and severally, obligated to sign the order/contract and to fulfill the terms and conditions, set forth therein. No split or division of obligations or responsibilities is permitted.
c. The joint proposal will, irrevocably, designate one party and one bank account For purposes of correspondence and deposits of payments, which will be used by IEC, during the process of the inquiry/tender and the management of the order/contract, if the joint proposal is accepted.
d. At least one of the offerors must fulfill all the threshold conditions, pertaining to the offerors, set forth in the inquiry/tender documents. In case of a closed or selective tender, at least one of the offerors must be listed in IEC's list of qualified suppliers, pertaining to the relevant product / goods/equipment.
e. Any joint proposal shall comply with the provisions of the Restraint of Trade Law 5748 # 1988 and/or the instructions of the Commissioner of Restraint of Trade duly appointed by the Minister of Industry, Trade and Employment.
Joint Proposal. 4.2.1 If both Parties have obtained a ‘Bid’ decision from their respective decision-making bodies, each Party agrees to use commercially reasonable efforts, including by dedicating adequate resources, to prepare and submit a joint Proposal for the Project Opportunity concerned (“Joint Proposal”). Notwithstanding the foregoing, either Party may elect, in it sole discretion at any time until a Joint Proposal is submitted to the Client, not to proceed with the respective Proposal. If at any time a Party so elects not to proceed with preparing or submitting a Joint Proposal for an Accepted Project Opportunity and has made an express and definitive statement accordingly, in writing and signed by at least one of that Party’s representatives in the Project Coordination Committee, then the other Party shall be free to submit a Proposal, alone or with a third party, as described in Section 4.1.4.
4.2.2 Each Party shall use commercially reasonable efforts to ensure that the material terms for its part of the Joint Proposal are competitive in the market where the respective Project is located; provided however that neither Party shall have an obligation to accept a ‘negative margin.’
4.2.3 The Parties agree that whenever BSE and Alstom (or their Affiliates) make a Joint Proposal for a Project on a consortium basis (regardless of whether one or both of BSE and Alstom (or Affiliates) enter into the contract with the Client) (BSE and Alstom or their respective Affiliates that are members to the EPC consortium are referred to as the “Consortium Members”), the Main Project Terms set out in Exhibit D will be used as a basis for the Joint Proposal.
Joint Proposal. If a joint proposal is prepared by two or more students, it should show clearly the division of responsibility, and a copy should be submitted for each student's file in the Graduate Office.
Joint Proposal. Two or more entities may form a consortium and submit a joint proposal offering to jointly undertake the work. Such a proposal must be submitted in the name of one member of the consortium - hereinafter the “lead organization". The lead organization will be responsible for undertaking all negotiations and discussions with, and be the main point of contact for, WHO. The lead organization and each member of the consortium will be jointly and severally responsible for the proper performance of the contract.
Joint Proposal. No joint proposals will be accepted.