LONG TERM AGREEMENT. If the Contractor is engaged by UNDP on the basis of a long-term agreement (“LTA”) as indicated in the Face Sheet of this Contract, the following conditions shall apply:
LONG TERM AGREEMENT. [Yes] [No] [indicate as appropriate]
LONG TERM AGREEMENT. UNDP at its own discretion may wish to enter into a non-binding Long Term Agreement (LTA) as a result of this procurement process under the following conditions:
LONG TERM AGREEMENT. (i) In general. A section 467 rental agreement is a long-term agreement if the lease term exceeds 75 percent of the property’s statutory recovery period.
LONG TERM AGREEMENT. (LTA): [Yes] [No] [indicate as appropriate]
LONG TERM AGREEMENT. If the Contractor is engaged by UNDP on the basis of a long-term agreement (“LTA”) as indicated in the Face Sheet of this Contract, the following conditions shall apply: UNDP does not warrant that any quantity of Goods and/or Services shall be ordered during the term of the LTA. Any UNDP business unit, including, but not limited to, a Headquarters unit, a Country Office or a Regional Centre, as well as any United Nations entity, may benefit from the retainer and order Goods and/or Services from the Contractor hereunder. The Contractor shall provide the Services and/or deliver the Goods, as and when requested by UNDP and reflected in a Purchase Order, which shall be subject to the terms and conditions stipulated in this Contract. For the avoidance of doubt, UNDP shall acquire no legal obligations towards the Contractor unless and until a Purchase Order is issued. The Goods and/or Services shall be at the Discount Prices annexed hereto. The prices shall remain in effect for a period of three years from the Starting Date stated in the Face Sheet of this Contract. In the event of any advantageous technical changes and/or downward pricing of the Goods and/or Services during the term of the retainer, the Contractor shall notify UNDP immediately. UNDP shall consider the impact of any such event and may request an amendment to the retainer. The Contractor shall report semi-annually to UNDP on the Goods delivered and/or Services provided, unless otherwise specified in the Contract. Each report should be submitted to the UNDP Contact Person indicated in as indicated in the Face Sheet hereto, as well as to a UNDP business unit that has placed a Purchase Order for the Goods and/or Services during the reporting period. The LTA shall remain in force for the maximum period of two years and may be extended by UNDP for one additional year by mutual agreement of the Parties.
LONG TERM AGREEMENT. It is hereby agreed and declared that notwithstanding anything contained in this Policy to the contrary, A discount of 5% off the net premium for this Policy is allowed in consideration of the Insured having signed an agreement undertaking with effect from ………to offer annually for2/3 years to renew the insurance under this Policy and to pay the premium thereon annually in advance, subject to favourable claims experience. All other terms and conditions remain unchanged.
LONG TERM AGREEMENT. UNDP at its own discretion may wish to enter into a non-binding Long Term Agreement (LTA) as a result of this procurement process under the following conditions: The Supplier/Contractor shall provide the types of services, goods and/or deliverables, quoted in this bidding process as and when negotiated by UNDP which shall be reflected in a non-binding Long Term Agreement in the form attached hereto as the “Model Long Term Long Term Agreement for the Provision of Goods and/or Services to The United Nations Development Programme”. Such Services and/or goods shall be at negotiated prices listed the Price Schedule and/or Bill of Quantities as applicable. The prices shall remain in effect for a period of two years from entry into effect of the Long Term Agreement UNDP does not warrant that any quantity of Goods and/or Services will be purchased during the term of this arrangement, which shall be for two years, renewable one year. In the event of any advantageous technical changes and/or downward pricing of the Goods and/or Services during the duration of this Agreement, the Supplier/Contractor shall notify UNDP immediately. UNDP shall consider the impact of any such event and may request an amendment to the Long Term Agreement." Xxxxx XX General Conditions of Contract
LONG TERM AGREEMENT. (LTA): [Yes] [No] [indicate as appropriate] If this is a Long-Term Agreement, all references to “Contract” in the contact documents will be understood to refer to the Long Term Agreement 4.1 Maximum period for which the Long term Agreement may be extended for: […]
LONG TERM AGREEMENT. If the period of this agreement is longer than one year and sixteen days, all provisions of this agreement will apply as though a new agreement were issued on each annual anniversary that this agreement is in force.
