Master Hire definition
Examples of Master Hire in a sentence
Off Contracts awarded under Lot 3 and Lot 4, subject to clause 6.6 below, the Master Hire Agreement of the Supplier with any reasonable and necessary amends required by the Member will be the applicable form of contract.
Other than the variations specifically set below, all other terms and conditions of the Master Hire Agreement will remain unchanged.
The standard form of Call-Off Contract for awards under Lot 3 will the Supplier’s Master Hire Agreement with any amends as required by the Member.
The quote or Master Hire Agreement is the security agreement for the purposes of the PPS Law.
These conditions represent an addendum to the Supplier’s Master Hire Agreement which forms the Call-Off Contract for Lot 4 under the Framework.
For the purposes of section 20(2) of the PPS Law, the collateral is the Plant set out in any quote and or Master Hire Agreement.
An addendum to the Supplier’s Master Hire Agreement, which forms the basis of Call-Off Contracts awarded under Lot 4, is provided in Schedule 5.
It will end upon termination of the hiring of Equipment under the Master Hire Purchase Agreement howsoever arising.
The following (figure 1) early termination schedule is applied to all Vehicles where the Member exercises such right by giving at least thirty (30) days’ notice in writing and the number of Vehicles terminated in any year under the Master Hire Agreement or any other agreement with the Supplier pursuant to the overarching Framework is equal or less than ten percent (10%) of the number of Vehicles leased by the Supplier to the Member at the beginning of that year.
It will end upon termination of the hiring of Equipment under the Master Hire Purchase Agreement however arising.