Examples of Frame Agreement in a sentence
Subject to Clause32(b) below, the Contractor's total cumulative liability to the Company under the Contract, in tort or otherwise at law will be limited to the sum specified in clause 9 – Frame Agreement.
The quoted pricing models must remain unchanged for the entire duration of the Frame Agreement.
The Treasury terms and conditions are part of the „Framework Agreement For Exchange-listed and OTC Spot and Derivative Transactions and Structured Deposits” (Treasury Frame Agreement) which was concluded between the Client (Treasury Client) and the Bank.
Suppliers mentioning VAT in their offer shall submit VAT registration documents, otherwise VAT component will not be accepted.SECONDARY BIDDING ARRANGEMENT: UNHCR may, given the particular nature of a requirement, wish to place more than one Vendor under Frame Agreement on an equal footing, and thereafter conduct a secondary bidding process which may be repeated regularly when an actual requirement arises.
IMPORTANT:When a Frame Agreement is awarded, either party can terminate the agreement only upon 30 days’ notice, in writing to the other party.The initiation of conciliation or arbitral proceedings in accordance with article 19 “settlement of disputes” of the UNHCR General Conditions of Contracts for provision of Goods and Services shall not be deemed to be a “cause” for or otherwise to be in itself a termination clause.