NIP definition
NIP is the New Instrument Percentage for the relevant Index Business Day;
NIP. (Section 1 of the RFP) means the Notice Inviting Proposal.
NIP is the New Instrument Percentage for the Rebalancing Extension Date;
Examples of NIP in a sentence
Any contract having an imported content equal to or exceeding US$ 10 million or other currency equivalent to US$ 10 million will have a NIP obligation.
In terms of the Cabinet decision, all state and parastatal purchases / lease contracts (for goods, works and services) entered into after this date, are subject to the NIP requirements.
The National Industrial Participation (NIP) Programme, which is applicable to all government procurement contracts that have an imported content, became effective on the 1 September 1996.
The NIP policy and guidelines were fully endorsed by Cabinet on 30 April 1997.
Programme administered by the Department of Trade and Industry shall be applicable to all contracts that are subject to the NIP obligation.
More Definitions of NIP
NIP means Notice Inviting Proposal.
NIP means New Inergy Propane, LLC, a Delaware limited liability company.
NIP or “Net Invoke Price” means the aggregate of the invoiced amounts for Products less (a) returned goods, refunds, credits and allowances actually made or allowed to a customer with respect to those Products, (b) freight or handling charges charged to customers or incurred on return of goods, and (c) sales and excise taxes actually paid by Sublicensee or Sublicensee's customers with respect to sale of Products to customers. NIP shall not include any insurance, duties, tariffs, use taxes, special charges, and/or fees itemized for Products.
NIP represented by: ................................(name, function performed) based on the authorization/power of attorney dated , a certified copy of which is attached to the Agreement. • (in the case of a non-governmental organization, association, foundation) <entity name>................................. with registered office in ........................ (town) address: postal code ........................, street , town entered in the Register of Associations, other social and professional organizations, foundations and independent public
NIP is the New Instrument Percentage for the relevant Index Business Day; and “CP” is the Closing Price for such Index Commodity for the relevant Index Business Day; “NIA” is the New Instrument Amount in respect of the Index Business Day (if any) in the relevant Recomposition Period immediately preceding the relevant Index Business Day or, if none, zero. Provided That if any Index Business Day in a Recomposition Period is not a Valid Date in respect of any Index Commodity the New Instrument Amount in respect of such Index Commodity on such Index Business Day shall be 100% of the New Instrument Amount for such Index Commodity on the Index Business Day (if any) in the relevant Recomposition Period immediately preceding such Index Business Day or, if none, zero.
NIP means the point of contact between two in- running rolls.
NIP is the adjusted Original Investor Price;