Reserve Framework Sample Clauses

Reserve Framework. As part of the Tender process, the Council also wishes to establish a Reserve Framework in respect of the Lots. The Council reserves the right to use the Reserve List in cases where it is intended to be available for use by the Commissioner in the circumstances envisaged under Clause 4.2 of this Framework Agreement, that is in the event that there are no Providers or Eligible Providers (as the case may be) admissible to perform a Package Briefing following the application of any of the Call Off procedures under the Framework Agreement. The minimum and maximum numbers (or the number) of Providers to be appointed for each Reserve Framework shall be as follows (subject always to sufficiency of admissible tenders that meet the award criteria):- Lot 1 – a maximum of 5 and a minimum of 3 Lot 2 – 3 Lot 3 – 1 Lot 4 – 1 Evaluation and award will be in like manner as set out in this section 5 from the tenders remaining following the selection of Tenderers to be a party to the principal Framework. The maximum number of Tenderers that may be selected to be a party to the principal Framework, for each Lot, is shown in the OJEU contract notice about this tender, dated 26th October 2012 under reference 340863 – 2012. All Tenderers are also invited to submit a catalogue entry (maximum 500 word, the Tenderers trade mark or logo (maximum1.5” x 1”) plus 1 picture maximum 3” x 2.5”) summarising their tender, for publication by the Council in a brochure that is intended to be available to service users on Direct Payments. This brochure is intended to be published by the Council in both hard copy and electronic format. The Council not be responsible for the content of such brochure and any statements in the entry will be the opinion of the Tenderers. The Council will publish the catalogue as soon as a reasonably practicable following the expiry of the award procedures. The Council does not guarantee that the online content will be or remain uninterrupted, error free or unrestricted. This opportunity is not part of the Tender, and will not be evaluated. The Council reserves the right (following consultation with the Tenderer) to edit any entry. Tenderers may withdraw any entry before the publication deadline (which will be notified to Tenderers following the expiry of award procedures) if Tenderers wish to submit a catalogue entry content should be set out on Form 5.7at the end of Part 5 (Form of Tender) but it will not comprise part of the Tender, will not be evaluated and is n...
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Related to Reserve Framework

  • Reserve Fund (a) On the Closing Date, the Seller will deposit the Reserve Fund Initial Deposit into the Reserve Fund from the net proceeds of the sale of the Notes. The Reserve Fund shall be the property of the Issuer subject to the rights of the Indenture Trustee in the Reserve Fund Property. (b) In the event that the Note Distributable Amount exceeds the sum of the amounts deposited into the Note Distribution Account pursuant to Sections 4.06(c)(v) and (vi) on each Payment Date (or, if the Reserve Fund is not maintained by the Indenture Trustee, on the related Deposit Date), the Indenture Trustee (based on information contained in the Servicer’s Certificate delivered on the related Determination Date pursuant to Section 3.10) shall cause an amount equal to the lesser of (A) the amount on deposit in the Reserve Fund and (B) the amount by which the Note Distributable Amount exceeds the sum of the amounts in the Note Distribution Account, to be deposited from the Reserve Account into the Note Distribution Account in immediately available funds in the amounts set forth in the Servicer’s Certificate for such Payment Date; provided that such amount shall be applied first, to the payment of interest due on the Notes to the extent, if any, that the amount deposited pursuant to Section 4.06(c)(v) is not sufficient to cover such payment of interest and, second, to the payment of principal of the Notes. (c) In the event that the Certificate Distributable Amount exceeds the sum of the amounts deposited into the Certificate Distribution Account pursuant to Sections 4.06(c)(vii) and (viii) on each Payment Date (or, if the Reserve Fund is not maintained by the Indenture Trustee, on the related Deposit Date), the Indenture Trustee shall cause an amount equal to the lesser of (A) the amount on deposit in the Reserve Fund and (B) the amount by which the Certificate Distributable Amount exceeds the sum of the amounts in the Certificate Distribution Account, to be deposited into the Certificate Distribution Account in immediately available funds in the amounts set forth in the Servicer’s Certificate for such Payment Date; provided that such amount shall be applied first, to the payment of interest due on the Certificates to the extent, if any, that the amount deposited pursuant to Section 4.06(c)(vii) is not sufficient to cover such payment of interest and, second, to the payment of principal of the Certificates. (d) On each Payment Date (or, if the Reserve Fund is not maintained by the Indenture Trustee, on the related Deposit Date), all interest and other income (net of losses and investment expenses) on funds on deposit in the Reserve Fund shall upon the written direction of the Servicer, be paid to the Seller to the extent that the funds therein exceed the Specified Reserve Fund Balance. Upon any distribution to the Seller of amounts in excess of the Specified Reserve Fund Balance, the Noteholders will not have any rights in, or claims to, such amounts.

  • Reserve Funds Section 7.1.

  • RESERVE PRICE The subject property will be sold “as is where is basis” and subject to a reserve price of RM 121,500.00 (RINGGIT MALAYSIA: ONE HUNDRED TWENTY ONE THOUSAND AND FIVE HUNDRED ONLY) subject to the Conditions of Sale and by way of an Assignment from the above Assignee subject to consent being obtained by the successful bidder (“the Purchaser”) from the relevant authorities, if any, including all terms, conditions, stipulation and covenants which were and may be imposed by the relevant authority. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne solely by the successful bidder (“the Purchaser”).Online bidders are further subject to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ All intending bidders are required to deposit 10% of the fixed reserve price by bank draft / cashier’s order only in favour of RHB Islamic Bank Berhad prior to the auction sale with the undermentioned Auctioneer and the balance of the purchase price together with sales and service tax (SST) and/or any other tax that replace SST is to be settled within ninety (90) days from the date of auction to RHB Islamic Bank Berhad via ▇▇▇▇▇▇. Detail of payment via ▇▇▇▇▇▇, please liaise with Messrs ▇▇▇▇ & Co. For further particulars, please contact MESSRS ▇▇▇▇ & CO, Solicitors for Assignee herein whose address is at ▇▇▇▇ ▇-▇, ▇▇▇▇▇ ▇, Tower B, Vertical Business Suite, Avenue ▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇. ▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇. Tel: ▇▇-▇▇▇▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇▇▇ / Fax: ▇▇-▇▇▇▇ ▇▇▇▇ [Ref: GCKL/RHBISL/P5304/20/siti ] or under mentioned Auctioneer. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ BIN ▇▇▇▇▇▇ (▇▇.▇▇: 870122-03-5201) PIHAK PENYERAH HAK/ PELANGGAN Dalam menjalankan ▇▇▇ ▇▇▇ kuasa ▇▇▇▇ diberi kepada Pihak Pemegang Serah ▇▇▇ ▇▇▇ di bawah Perjanjian “Diminishing Musharakah Co- Ownership”, Perjanjian Ijarah, Penyerahan Hak Pihak Pertama, Perjanjian Agensi Perkhidmatan ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ kesemuanya bertarikh 12hb November 2014, didaftarkan diantara Pihak Pemegang Serah ▇▇▇ ▇▇▇ Pihak Penyerah ▇▇▇ ▇▇▇ dalam Perjanjian Jual Beli di antara Pihak Penyerah ▇▇▇ ▇▇▇ First Paper Mill Sdn Berhad (“Tuanpunya”) bertarikh 19hb June 2014, adalah dengan ini diisytiharkan bahawa Pihak Pemegang ▇▇▇▇▇ ▇▇▇ dengan dibantu oleh ▇▇▇▇▇▇▇▇ yang tersebut di bawah.

  • Reserve Duty A leave of absence will be granted to reservists for training purposes not to exceed fifteen (15) days per calendar year. Employees shall make application on the Leave of Absence Form to the Human Resources Department and shall enclose a copy of their military order. Leaves for training purposes are granted without loss of pay, but employees are encouraged to make arrangements to take these training periods during winter, spring, or summer recess.

  • Deposit Pay ment of The Fixed Reserve Price 5.1. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price. 5.2. Payment of the deposit must be made via local bank transfer in favour of Rajan Auctioneers Bidders Account (BIDDER DEPOS IT). Transaction must be done with in one (1) working day before the auction date with the following details; a) Account’s Name : RAJAN AUCTIONEERS SDN BHD - ACC2 b) Name of Bank : RHB BANK BERHAD c) Account Number : 21242400054193 d) Description : BIDDER DEPOSIT 5.3. Evidence of the transfer must be uploaded and submitted at the time of registration. 5.4. E-Bidders residing outside Malaysia/ (“Foreign E-Bidders”) must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price. Payment of the deposit must be made to as per mentioned in Proclamation of Sale in favour of the Auctioneer in accordance with 5.2 herein above with Swift Code as: ▇▇▇▇▇▇▇▇ ,Branch :▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇. Evidence of payment must be uploaded and submitted at ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇ or WhatsApp to ▇▇▇-▇▇▇▇▇▇▇ within (4) working days before auction date.