Custom Quotation definition

Custom Quotation is the process whereby the OEM requires modification to the core technology or source code. The OEM will define the requirements with specific details and request a quotation for the work to be completed. No obligation is undertaken until a purchase order and deposit are secured and accepted by Bitstream as defined in Section 8 of this Agreement.

Related to Custom Quotation

  • Full Quotation means, in accordance with the Quotation Method, each firm quotation obtained from a Dealer at the Valuation Time, to the extent reasonably practicable, for an amount of the Reference Obligation with an outstanding principal balance equal to the Quotation Amount;

  • Written quotations means quotations referred to in paragraph 12(1)(b) of this policy.

  • Request for Quotation (“RFQ”) means a document or documents containing the specification, and proposed terms and conditions issued to potential suppliers to solicit written Quotations.

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Request for Quotations or “RFQ” means an informal request for prices on Goods and/or Services with an estimated procurement cost between $10,000 and up to but not including