The Rate Contract definition

The Rate Contract means the agreement entered into between the Purchaser and the Supplier, as recorded in the Contract Form signed by the parties, including all the attachments and appendices thereto and all documents incorporated by reference therein.
The Rate Contract is a contract for the supply of stores at specified rates during the period covered by the contract. No quantities are mentioned in the Rate Contract and the successful bidder is bound to accept any order which may be placed upon him at the rates specified within the period of the contract. The Rate Contract may be concluded with one or more contractors.

Examples of The Rate Contract in a sentence

  • The Rate Contract will be valid for period of two year from the date of issue date of Rate Contract.

  • The Rate Contract is initially for a period of two (02) years and may be extended till new Rate Contract gets final.

  • The Rate Contract is initially for a period of one (01) years and may be extended for further one year on mutual consent of both parties subject to satisfaction of the authority of Jorhat Medical College & Hospital, Jorhat-Assam, India.

  • The Rate Contract is initially for a period of two (02) years from the date of award of Contract and may be extended on mutual agreement.

  • The Rate Contract is initially for a period of one (01) year and may be extended till new Rate Contract gets final.

  • The Rate Contract will remain valid for two years from the date of its issue.

  • Notwithstanding the foregoing, the liability of the parties will extend beyond the nine-month period following Closing with respect to any claim which has been asserted in a bona fide written notice before the expiration of such nine-month period specifying in reasonable detail the facts and circumstances giving rise to such right.

  • The Rate Contract is initially for a period of six months and may be extended till new Rate Contract gets final.

  • The Rate Contract shall remain valid for a period of two (02) years from the date of issue of R/C (both days inclusive).

  • The Rate Contract is initially for a period of one (01) year and may be extended for further one year on mutual consent of both parties subject to satisfaction of the authority of Jorhat Medical College & Hospital, Jorhat-Assam, India.