Basic Frame Contract Period definition

Basic Frame Contract Period. - shall mean a period of 24 months, beginning on the date of signature of the frame contract/order for the supply of the Goods.
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Basic Frame Contract Period. - shall mean a period of 24 months, beginning on the date specified in the frame contract/order for the supply of the Equipment.
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Examples of Basic Frame Contract Period in a sentence

  • The draw orders will be issued by the Purchaser at such times as it chooses, within the Basic Frame Contract Period, the “Extension Period” or the Option Period (under paragraph 2 above as applicable).

  • In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para.

  • In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 60 months from the beginning of the Basic Frame Contract Period.

  • During the Basic Frame Contract Period (and the “Extension Period”, detailed in paragraphs 2.2 and 2.3, below, if applicable), the Purchaser will purchase from the Supplier and the Supplier will sell to the Purchaser, Goods and/or Services of a total value, which is equal to the “Contract Value”, subject to the Purchaser's right to increase the Basic Contract Value by up to 40% or decrease the Basic Contract Value by up to 40%.

  • In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 months from the beginning of the Basic Frame Contract Period.

  • During the Basic Frame Contract Period (and the “Extension Period”, detailed in paragraphs 2.2 and 2.3, below, if applicable), the Purchaser will purchase from the Supplier and the Supplier will sell to the Purchaser, Goods and/or Services of a total value, which is equal to the “Contract Value”, subject to the Purchaser's right to increase the Basic Contract Value by up to 50% or decrease the Basic Contract Value by up to 50%.

  • In no event shall the total Order/Contract period (including the Extension Period) exceed 84 months from the beginning of the Basic Frame Contract Period.

  • In the event that the total value of Goods, actually ordered within the “Contract Period” is ” is less than the maximum value (including flexibilities) of the Contract, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para.

  • In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities) of the Contract, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para.

  • In no event shall the total Order/Contract period (including the Extension Period) exceed 60 months from the beginning of the Basic Frame Contract Period.