Renewal Quotation definition

Renewal Quotation means a quotation including fees and taxes for the renewal of the Part 1 Relevant Insurances, and based on the cover and deductibles for such insurance at the same level as those applying immediately prior to the Insurance Costs Review Date;

Related to Renewal Quotation

  • Full Quotation means, in accordance with the Quotation Method, each firm quotation obtained from a Dealer at the Valuation Time, to the extent reasonably practicable, for an amount of the Reference Obligation with an outstanding principal balance equal to the Quotation Amount;

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Written quotations means quotations referred to in paragraph 12(1)(b) of this policy.

  • Request for Quotation (“RFQ”) means a document or documents containing the specification, and proposed terms and conditions issued to potential suppliers to solicit written Quotations.

  • Request for Quotation (RFQ) means the document(s) containing the Conditions of Quoting and Contract, the Annexure, Special Conditions of Contract (if any), Scope of Services, Response Schedules and any other document issued for the purposes of inviting Quotations for the Services.