The Procurer definition

The Procurer means the organization receiving the services/goods as named in SCC
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The Procurer means BBMP receiving the services/goods
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The Procurer or “The Seller” shall have the right to terminate this agreement by giving a Termination Notice to the other party in writing of atleast seven (7) days. The termination of this Agreement shall take effect upon the expiry of the last date of the said notice period (“Termination Date”). If the Procurer elect to terminate this Agreement in the event specified in the preceding paragraph of this Article, the Seller shall be liable to pay to the Procurer on the Termination Date an amount of Rs. 96,00,00,000/- (Rupees Ninety Six Crores only) as liquidated damages. The Procurer shall be entitled to recover this amount of liquidated damages on the Termination Date, by invoking the Contract Performance Guarantee and shall then return the balance Contract Performance Guarantee, if any to the Seller. If the Procurer is unable to recover the amount of liquidated damages not recovered from the Contract Performance Guarantee, if any, shall be payable by the Seller to the Procurer within ten (10) days from the Termination Date. For the avoidance of doubt, it is clarified that this Article shall survive the termination of this agreement.
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Examples of The Procurer in a sentence

  • The Procurer shall cooperate with the Power Producer to obtain such approvals, permits, rebates or other financial incentives including those required for installation of Project at the Premises and to draw/ consume/ sell solar energy.

  • The Procurer should grant similar access/grants/licenses to the Lenders and Lenders Representative to enable them smooth access to the site for site inspection.

  • The Procurer and the SPD shall design and operate their systems in strict compliance with the Grid Code.

  • The Procurer will then return the cash retained as security to the Training Provider less such amounts as are required to cover the costs incurred by the Procurer as a result of such failure by the Training Provider.

  • The Procurer will be totally responsible for penalties, damages, interest, and other related prejudices.

  • The Procurer has identified the Project namely, 6.5 MW power plant based on municipal solid waste at Moroni, Autonomous Island of Grande Comore, Union of the Comoros details of which are as set out in the Schedule I.A.

  • The Procurer shall have the right to terminate this Agreement at any time for convenience on giving six (6) months' written notice to the Training Provider.

  • The Procurer and the Training Provider shall provide (free of charge) all reasonable assistance to the representatives of SSS during the performance of any inspections.

  • The Procurer shall novate all the Project Documents, which they had entered in to with the Seller in order to make the substitution of the Seller by the Selectee effective.

  • The Procurer and Seller unconditionally and irrevocably agree that the execution, delivery and performance by each of them of this Agreement and those agreements included in the Collateral Arrangement to which it is a Party constitute private and commercial acts rather than public or governmental acts.

Related to The Procurer

  • Procurer means Rajasthan Urja Vikas Nigam Limited on behalf of Discoms

  • e-Procurement means the use of information and communication technology (especially the internet) by the Procuring Entity in conducting its procurement processes with bidders for the acquisition of goods (supplies), works and services with the aim of open, non discriminatory and efficient procurement through transparent procedures;

  • The Procuring Entity means the organization purchasing the Goods, as named in the SCC.

  • The Procuring Agency means the organization purchasing the Goods, as named in SCC.

  • Cooperative procurement means procurement conducted by, or on behalf of: