Examples of LICA in a sentence
As per timelines stipulated in this RFP, Letter Inviting Consent for Agreement (LICA) shall be issued to the Qualified Bidder as per the provisions of the RFP.
Concurrent with the merger, ICIL entered into a Quota Share Reinsurance Agreement with Liberty Mutual Insurance Company (LMIC), covering the business written by LICA.
If Successful Bidder fails to acknowledge the same within the stipulated time, the Nodal Agency reserves the right to annul/cancel the award of the LICA of such Successful Bidder.
The date of issuance of LICA shall be intimated by the Nodal Agency to the Successful Bidder.
Upon their acceptance of lowest Financial Bid, such Bidder(s) shall become Qualified Bidders (Qualified Bidder – 2 & Qualified Bidder – 3) and shall be invited (through LICA) to enter into the Agreement.
The abbreviations in this Table are Modified Rankin Scale (MRS) [38], Functional Ambulatory Category (FAC) [39], Anterior Cerebral Artery (ACA), Middle Cerebral Artery (MCA), Left-Internal Carotid Artery (L-ICA), Myocardial Infarction (MI).
LICA shall be issued to such Qualified Bidders and they would be declared as Successful Bidders.
An extension may be provided to the parties if there is a delay beyond forty-five (45) Days from the acceptance of LICA, as determined by the Competent Authority of the Nodal Agency.
In exceptional circumstances if LICA is not issued to the Successful Bidder(s) during the Bid Validity Period, the Nodal Agency may solicit the Bidder's consent to extend the Bid Validity Period.
In a situation wherein, Successful Bidder(s) refuses to execute a PPA of the Project within a Project Group for which it has accepted and signed the LICA, PBG shall be forfeited and the LICA shall be annulled / cancelled for the refused Project(s).