Formal Contract definition

Formal Contract means a written contract, all the terms of which are embodied in a single or composite document signed by all the parties thereto and duly witnessed;
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Formal Contract means a written contract for procurements exceeding $30,000.00 in value that
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Formal Contract means a long form Contract, prepared by the Town or by a supplier that is signed by both the Town and the supplier.
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Examples of Formal Contract in a sentence

  • Formal Contract award results shall be placed on the Procurement Office web page (▇▇▇.▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇▇▇▇) and posted at the front counter of the Procurement Office at the time the Contract award is approved by the City Council.

  • Unless otherwise stipulated, the Formal Contract shall be deemed to supersede these special terms and conditions upon its execution by the parties hereto.

  • The Rental Lease Agreement Is A Formal Contract Between A Tenant And A Property Owner, Or A Representative Of The Owner, Like A Property Manager, Outlining The Terms And Conditions For Living At A Rental Often Times, A Verbal Lease Agreement Is Considered Legal And Binding For One Year.

  • If none, so state: Formal Contract to be generated by Seller's Attorney.

  • In the event that the Buyer fails to enter into the Formal Contract with the Seller or the Buyer fails to pay the Second Deposit in accordance with Clause 3.2, these special terms and conditions shall remain valid and in full force and effect and the parties hereto shall continue to fulfill their respective obligations hereunder, save and except that the Seller shall be entitled to terminate these special terms and conditions by written notice and forfeit the Initial Deposit in accordance with Clause 3.1.


More Definitions of Formal Contract

Formal Contract means a written contract that includes approved terms and conditions and that is executed by duly authorized Town and supplier representatives.
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Formal Contract means the formal documentation (other than an Order) which is signed by the parties to a contract, and which acts as evidence of that Contract.
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Formal Contract. ’ means a written agreement between the parties, all the terms of which are embodied in a single or composite document signed by all the parties thereto and duly witnessed, provided that the negotiation of a written agreement has been stipulated in the tender invitation;
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Formal Contract means a Contract which is required to be in writing and formally executed by the Contractor or Vendor and by any Agency.
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Formal Contract means a written contract for the procurement of goods, services, insurance, or construction that includes contract provisions such as scope of work, compensation, manner, and method of payment, term, acceptance criteria, and City terms and conditions.
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Formal Contract means a contract in writing on terms that accord with the requirements of the CPRs;
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Formal Contract. The written, signed contract by the parties, valid and enforceable.
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