Union bank of India definition
Examples of Union bank of India in a sentence
The successful tenderer shall be bound to implement the contract by signing an agreement and conditions of contract attached herewith within 30 days from the receipt of intimation of acceptance of his tender by the Union bank of India.
However, the written acceptance of the tender by the Union bank of India will constitute binding agreement between the Union bank of India and successful tenderer whether such formal agreement is subsequently entered into or not.
The bidder shall bear all the costs associated with the preparation and submission of its bid and Union bank of India (hereinafter referred to as the purchaser) will in no case, be responsible or liable for these costs, regardless of the conduct or outcome of the bidding process.
Union bank of India and payable at Bangalore on any Scheduled Bank.
At any point of time if it is observed that the vendor is supplying to other financial institutions / firms similar material / services at lower rates than offered to Union bank of India, then the vendor shall have to compensate the Union Bank of India by paying the difference amount and downward revise the rate of respective item / services at the time of renewal of contract as applicable.