SNDB’s Right Clause Samples
The 'SNDB’s Right' clause defines specific rights or privileges granted to SNDB under the agreement. Typically, this clause outlines actions SNDB is entitled to take, such as accessing information, making decisions, or enforcing certain terms, depending on the context of the contract. For example, it may allow SNDB to inspect records, approve changes, or exercise remedies in case of breach. The core function of this clause is to clearly establish SNDB’s authority and protect its interests, ensuring that its rights are recognized and enforceable within the contractual relationship.
SNDB’s Right to Accept Any Bid and to reject any or all Bids 11 2.7.3 Notification of Award 11 2.7.4 Signing of Contract 11 2.7.5 Performance Security 11 2.7.6 General Conditions of Contract 12
SNDB’s Right to Accept Any Bid and to reject any or all Bids 14 2.7.3 Notification of Award 14 2.7.4 Signing of Contract 14 2.7.5 Performance Security 14 2.7.6 General Conditions of Contract 15 2.7.7 Special Conditions of Contract 15 2.7.8 Integrity Pact 15 2.7.9 Non Disclosure Agreement 15 3 SCOPE OF WORK / TECHNICAL SPECIFICATION 16 4 FINANCIAL PROPOSAL 17 5 Contract 16 5.1.1 Definitions 24 5.1.2 Law Governing Contract 24 5.1.3 Notice 24 5.1.4 Authorized Representative 25 5.1.5 Taxes and Duties 25 5.1.6 Effectiveness of Contract 25 5.1.7 Expiration of Contract 25 5.1.8 Modifications or Variations 25 5.1.9 Force Majeure 25 5.1.10 Termination 26 5.1.11 Good Faith 27 5.1.12 Settlement of Disputes 27 5.1.13 Data Ownership 27 5.1.14 Obligations of the Supplier 27 5.2 Special Conditions of Contract 28 5.2.1 Performance Security 28 5.2.2 Payment 28 5.2.3 Price 28 Annexure “A” 29 Annexure “B” 31 Annexure “C” 32 Annexure “D” 33 Annexure “E” 34 Annexure “F” 35 Annexure “G” 38 Annexure “H” 43 Annexure “I” 70 Annexure “J” 71 Annexure “K” 78