Long-term agreement definition

Long-term agreement means an agreement or contract having a term of more than

Long-term agreement means an agreement or contract having a term of more than five years but less than 50 years.

Long-term agreement means a Service Agreement with a primary term of one year or more.

Examples of Long-term agreement in a sentence

• Requests for different goods and services shall come either through another Long Term Agreement or through formal methods of solicitation.

• If the delay lasts more than thirty (30) days or Seller does not provide adequate assurance that the delay will cease within thirty (30) days, the Purchaser shall have option to terminate any Long Term Agreement / Purchase Order / Release issued by Buyer without compensation to Seller.

• The remaining provisions of these terms and conditions, or any associated Long Term Agreement / Purchase Order / Release, shall remain in full force.

• This non-exclusive Long Term Agreement (hereinafter referred to as “the Agreement”) is established between UNFPA and xxxxxx.

• The procuring UN entity will Issue the Long Term Agreement (LTA) and subsequently Purchase Order the lowest priced technically qualified Bidder.

More Definitions of Long-term agreement

Long-term agreement means this Agreement, being the agreement negotiated in accordance with the process set out in clause 3.1 of the Port Terminal Rules.

Long-term agreement refers to a written agreement between UNDP and a supplier that is established for specific goods or services at prescribed prices or pricing provisions for a defined period of time, against which specific orders (call-offs) can be placed at any time during the defined period and with no legal obligation to order any minimum or maximum quantity.

Long-term agreement means a contract or agreement between a provider and an owner under which:

Long-term agreement means a Service Agreement with a

Long-term agreement means any contract or agreement with an unexpired term (inclusive of extension periods) in excess of one year; provided that any contract or agreement which may be terminated by the applicable Issuer without cause and without penalty on sixty (60) days' advance notice or less shall not be a Long-Term Agreement for purposes hereof.

Long-term agreement means an agreement or contract having a term of more than five years and less than 50 years.

Long-term agreement means any contract or agreement with an unexpired term (inclusive of extension periods) in excess of one year; provided that any contract or agreement which may be terminated by the applicable Issuer without cause and without penalty on sixty (60) days’ advance notice or less shall not be a Long-Term Agreement for purposes hereof.