Contract Release definition

Contract Release means a Purchase Order, which provides funding for a Blanket Purchase Order (BPO). Contract Releases are sometimes called Blankets.
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Contract Release is a contract awarded under a Framework Agreement, through a Secondary Procurement process, for the supply of Goods, and any Related Services. “Closed Framework Agreement” is where no new firm(s) may conclude Framework Agreement(s) during the Term of the Framework Agreement. “Commencement Date” is the date this Framework Agreement is signed by both parties, being the commencement of the Term. “Contract Price” is the price payable to the Contractor as specified in the Contract Release, subject to such additions and adjustments thereto or deductions therefrom, as may be made according to the Contract. “Day” means calendar day. In Writing” means communicated or recorded in written form. It includes, for example, mail, e-mail, or communication through an electronic procurement system (provided that the electronic system is accessible, and secure, ensures integrity and confidentiality, and has sufficient audit trail features). “Lead Procurement or Procuring Entity”, when named in the Framework Agreement, means a party to the Framework Agreement, as a Procurement Entity in its own right under the framework agreement and as the Entity responsible for the management and administration of the Framework Agreement for use by the other participating Procurement Entities as specified in the FWA Specific Provisions. All communications, including notices, concerning the Framework Agreement, are to be addressed to the Lead Procurement Entity. All communications, including notices, concerning a Contract Release, are to be addressed to the Procurement Entity named in the Contract Release. “Multi-User Framework Agreement” means a Framework Agreement where there is more than one Procurement Entity permitted to Procurement Entity through a Contract Release, as specified in the FWA Specific Provisions; “Procurement Agent”, when named in the Framework Agreement, is a party to the Framework Agreement, but only in its capacity as the Entity responsible for managing and administering the Framework Agreement for use by the participating Procurement Entities. All communications, including notices, concerning the Framework Agreement, are to be addressed to the Procurement Agent. “Procurement or Procuring Entity” is the Entity(ies) that is/are permitted to procure Works from a Contractor under a Contract Release awarded through a Framework Agreement. Where appropriate, for interpretation of the Framework Agreement, the term Procurement Entity includes Lead Procurement Entity or Procure...
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Examples of Contract Release in a sentence

  • The Resident, except under the conditions listed under Cancellations and Contract Release, cannot terminate this Contract.

  • Please refer to the Conditions for Contract Release below for more details.

  • Contract terminations will not result in charges for the full contract term for students with approved Housing Contract Release Applications (may result in a prorated return).

  • When a student withdraws (exits) from the university or if a Contract Release is granted, this contract may be suspended only for the time during which these conditions occur.

  • Any exception to these policies must be requested via the Live-On Requirement Exemption or Housing Contract Release Application.

  • Students may submit a request for release from their Housing Contract following the published Housing Contract Release policy and form.

  • Contract Release requests submitted during the final four weeks of each semester will not be granted.

  • Request for cancellation of this contract after moving into University Housing or after the applicable opening day of University Housing will require a Petition for Contract Release, and the student must show just cause for termination (major unforeseen circumstances).

  • Requests for contract release will only be granted when circumstances are determined by the Contract Release Committee to be sufficiently extenuating as to warrant cancellation.

  • To submit a Petition for Contract Release, please log into the student portal with your username and password.

Related to Contract Release

  • Work release means a program of partial confinement

  • Debtor Release means the release given on behalf of the Debtors and their Estates to the Released Parties as set forth in Article VIII.D of the Plan.

  • Major Release means a major update or upgrade to the Software, which includes significant enhancements and/or a major redesign of the Software, identified by Bosch by a change to the first digit in the release number (e.g. change from version 2.0 to 3.0).

  • Pre-Release shall have the meaning set forth in Section 2.09.

  • SHIPPING RELEASE means the document issued by the inspector or the inspection agency nominated by the Purchaser authorising the Contractor to ship the Stores on satisfactory completion of inspection.