rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;
Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.
Change of Control means the occurrence of any of the following:
Change in Control means the occurrence of any of the following events:
Effective Date has the meaning set forth in the preamble.
Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.
Day means calendar day.
Common Stock means the common stock of the Company.
tender for income-generating contracts means a written offer in the form determined by an organ of state in response to an invitation for the origination of income-generating contracts through any method envisaged in legislation that will result in a legal agreement between the organ of state and a third party that produces revenue for the organ of state, and includes, but is not limited to, leasing and disposal of assets and concession contracts, excluding direct sales and disposal of assets through public auctions; and
Event of Default has the meaning specified in Section 8.01.
price means an amount of money tendered for goods or services, and includes all applicable taxes less all unconditional discounts;
Force Majeure means an event beyond the control of the supplier and not involving the supplier’s fault or negligence and not foreseeable. Such events may include, but is not restricted to, acts of the purchaser in its sovereign capacity, wars or revolutions, fires, floods, epidemics, quarantine restrictions and freight embargoes.
Term Distribution Date" shall mean the "Distribution Dates" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.
Material Adverse Effect shall have the meaning assigned to such term in Section 3.1(b).
Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.
Project means the goods or Services described in the Signature Document or a Work Order of this Contract.
Site means the place or places where the permanent Works are to be carried out including workshops where the same is being prepared.
Plan means any employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which the Borrower or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.
Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.
Customer means the State agency or other entity identified in a contract as the party to receive commodities or contractual services pursuant to a contract or that orders commodities or contractual services via purchase order or other contractual instrument from the Contractor under the Contract. The “Customer” may also be the “Buyer” as defined in the PUR 1001 if it meets the definition of both terms.
GAAP means generally accepted accounting principles in the United States of America.
Participant has the meaning specified in Section 10.06(d).
Contractor means the individual or entity, that has entered into this contract with the Commonwealth.
Work means all Services to be performed, goods to be delivered, and any appurtenant actions performed, and items produced, conceived, or developed, including Deliverables.
SCC means the Special Conditions of Contract.
Company has the meaning set forth in the Preamble.