Binding Contract definition

Binding Contract. We understand that this Tender, together with your written acceptance thereof included in your Letter of Acceptance, shall constitute a binding contract between us, until a formal contract is prepared and executed; Procuring Entity Not Bound to Accept: We understand that you are not bound to accept the lowest evaluated cost Tender, the Best Evaluated Tender or any other Tender that you may receive; and Fraud and Corruption: We hereby certify that we have taken steps to ensure that no person acting for us or on our behalf engages in any type of Fraud and Corruption. Code of Ethical Conduct: We undertake to adhere by the Code of Ethics for Persons Participating in Public Procurement and Asset Disposal, copy available from (specify website) during the procurement process and the execution of any resulting contract.
Binding Contract shall have the meaning assigned to such term in the definition ofExcess Cash Flow.”
Binding Contract means any grant, endowment, settlement agreement,

Examples of Binding Contract in a sentence

  • The discounts offered are: [ Specify in detail each discount offered]The exact method of calculations to determine the net price after application of discounts is shown below: [Specify in detail the method that shall be used to apply the discounts];(d) Binding Contract: We understand that this Bid, together with your written acceptance thereof in- cluded in your Letter of Acceptance, shall constitute a binding contract between us, until a formal contract is prepared and executed.

  • Name of RecipientAddressReasonAmount Note : If none has been paid or is to be paid, indicate “none.” (e) Binding Contract: We understand that this Bid, together with your written acceptance thereof included in your Letter of Acceptance, shall constitute a binding contract between us, until a formal contract is prepared and executed.


More Definitions of Binding Contract

Binding Contract means an in- strument enforceable under applicable law against the parties to the instru- ment. The presence of a condition out- side the control of the parties (includ- ing, for example, regulatory agency ap- proval) does not prevent an instrument from being a binding contract. Further, the fact that insubstantial terms re- main to be negotiated by the parties to the contract, or that customary condi- tions remain to be satisfied, does not prevent an instrument from being a binding contract. A tender offer that is subject to section 14(d) of the Securi- ties and Exchange Act of 1934, (15U.S.C. 78n(d)(1)), and Regulation 14D (17 CFR 240.14d–1 through 240.14d–103) and that is not pursuant to a binding contract, is treated as a binding con- tract made on the date of its announce- ment, notwithstanding that it may be modified by the offeror or that it is not enforceable against the offerees.
Binding Contract means a contract which:
Binding Contract. This Contract shall be binding upon the parties hereto and upon their successors and assigns, and shall inure to the benefit of said parties and their successors and assigns.
Binding Contract. This contract is binding on the parties hereto, their successors, executors, administrators and heirs and may not be altered or amended except in writing signed by all of the parties hereto.
Binding Contract means a contract which is binding under applicable state law;
Binding Contract. We understand that this Tender, together with your written acceptance thereof included in your Form of Acceptance, shall constitute a binding contract between us, until a formal contract is prepared and executed; • Not Bound to Accept: We understand that you are not bound to accept the lowest evaluated cost Tender,the Best Evaluated Tender or any other Tender that you may receive; and • Fraud and Corruption: We hereby certify that we have taken steps to ensure that no person acting forus or on our behalf engages in any type of Fraud and Corruption. • Collusive practices: We hereby certify and confirm that the tender is genuine, non-collusive and made with the intention of accepting the contract if awarded. To this effect we have signed the “Certificate ofIndependent tender Determination” attached below.
Binding Contract. : means any contract, including the film Catalogue distribution contracts of the Debtor to which Christal is a party, except a contact or a lease that was resiliated or repudiated by Christal before the Effective Date of the Plan, and that foresees successive implementation or repetitive obligations by the parties to the contract in question;