DULB definition
Examples of DULB in a sentence
In the event that DULB or its nominated agencies requests that any SI personnel be replaced, the substitution of such personnel shall be accomplished pursuant to a mutually agreed upon decisions.
Either DULB or SI may raise an issue by documenting the business or technical problem, which presents a reasonably objective summary of both points of view and identifies specific points of disagreement with possible solutions.
If the Project or any of its system cannot be used by reason of such default, defect or deficiency and/or making good of such default, defect or deficiency, the warranty period for the Project shall be extended by a period equal to the period during which the Project or any of its system could not be used by DULB because of such defect and/or making good of such default, defect or deficiency.
DULB shall then be entitled to serve notice in writing on the SI at any time prior to the date, that is 30 days prior to the end of the exit management period requiring the SI to sell the Assets, if any, to be transferred to DULB or its nominated agencies at book value as determined as of the date of such notice in accordance with the provisions of relevant laws.
Upon completion of the study referred to above, the results of this study along with all relevant details including the estimated time and cost effect thereof with supporting documents would be submitted to the DULB to enable the DULB to give a final decision.
If no agreement is reached between the DULB and SI within 60 days after DULB’s instruction in writing to carry out the change concerning the increase or decrease in the Contract Value and all other matters described above, either party may refer the dispute to arbitration.
The outgoing SI will pass on to DULB and/ or to the Replacement SI, the subsisting rights in any leased properties/ licensed products on terms not less favorable to DULB/ Replacement SI , than that enjoyed by the outgoing SI.
The DULB directs, in writing, the SI to incorporate changes to the deliverables or design requirements already covered in this Agreement.
Service Provider agrees to reimburse and hold DULB or its nominated agencies harmless from any deficiency including penalties and interest relating to taxes that are its responsibility under this paragraph.
Upon receiving any revised requirement/ advice, in writing, from the DULB, the SI would verbally discuss the matter with DULB’s Representative.