High Bid definition

High Bid means the high bid amount recognized by Auctioneer at the conclusion of bidding on a parcel of Real Property.
Sample 1Sample 2Sample 3
High Bid means the high bid amount recognized by Auction Clerk at the conclusion of bidding. “High Bid Subject to Confirmation” means the High Bid amount recognized by Auction Clerk at
Sample 1
High Bid or “Winning Bid” means the high bid amount recognized by Auctioneer at the conclusion of bidding on the Real Property. The High Bid will be subject to Seller’s Confirmation.
Sample 1

Examples of High Bid in a sentence

  • The High Bid amount plus the Buyer’s Premium equals the Total Purchase Price.

  • A Buyer’s Premium fee of 10% of the Bid Price or $1,000 Auction Service Fee, whichever amount is greater, will be added to the High Bid amount.

  • The High Bid must survive the Bid Interval without challenge, usually within 24 hours of the auction close time, to win.

  • If the High Bid remains unchanged for the full Inactivity Period, the Auction will close.

  • If a Bidder’s Bid is the then current High Bid, increasing such Bidder’s maximum amount under its proxy Bid will not increase such High Bid unless and until another Bid is placed.

  • If the High Bid on the announced date and time survives the full Bid Interval period without challenge, then bidding will close at the stated time and consideration for bid acceptance will be given to the High Bidder.If an increased bid is received within the Time Remaining and the Bid Interval is 24 hours, then bidding will be held over for an additional Bid Interval (including weekends and Federal holidays) beginning at the time the increased bid is placed.

  • This means that a flat Bid will be either: (i) an amount that is at least the starting amount of the Auction (if a Bidder is the first Bidder to place a Bid); or (ii) an amount that is at least the then current High Bid plus the Bid Increment.

  • In order for the Auction to close, the High Bid must remain unchanged for the Inactivity Period.

  • Proxy bidding provides a Bidder with the ability to submit a Bid with a maximum amount that a Bidder is willing to pay for the Property, provided, however, that such maximum amount must be greater than the then current High Bid plus the Bid Increment.

  • If a Bidder does not have the High Bid and the Auction has not closed, that Bidder can place another Bid.


More Definitions of High Bid

High Bid means the high bid amount recognized by Auctioneer at the conclusion of bidding on a Lot or on a parcel of Real Property, as the case may be.
Sample 1
High Bid means the high bid amount recognized by Auctioneer at the conclusion of bidding. “High Bid Subject to Confirmation” means the High Bid amount recognized by Auctioneer at the
Sample 1

Related to High Bid

  • BC Bid means the BC Bid website located at www.bcbid.ca;

  • Qualified Bidder As defined in Section 7.01(c).

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • Qualified Bidder(s means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.

  • Highest Bidder means the Bidder, who quotes the highest License Fees

  • Selected Bidder or “Successful Bidder” shall mean the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of standard PPA.

  • Permitted Bid means a Take-over Bid made by an Offeror by way of take-over bid circular which also complies with the following additional provisions:

  • Bidder/Bidding Company means Bidding Company submitting the Bid. Any reference to the Bidder includes Bidding Company / including its successors, executors and permitted assigns as the context may require;

  • Designated Bidder means (a) an Eligible Assignee or (b) a special purpose corporation that is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and that issues (or the parent of which issues) commercial paper rated at least "Prime-1" (or the then equivalent grade) by Xxxxx'x or "A-1" (or the then equivalent grade) by S&P that, in the case of either clause (a) or (b), (i) is organized under the laws of the United States or any State thereof, (ii) shall have become a party hereto pursuant to Section 8.07(d), (e) and (f) and (iii) is not otherwise a Lender.

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Best Bid means the highest posted bid price of the Common Stock.

  • Financial Bid means that part of the offer, that provides price schedule, total project costs etc.

  • Preferred Bidder means a bidder that is entitled to receive a reciprocal preference under the requirements of this chapter.

  • Technically Qualified Bidder means a Bidder whose Techno-Commercial Bid is responsive and meets the requirements to the satisfaction of OMC as per terms and condition of the Bid document and is qualified for opening of its Price Bid;

  • bid means a written offer in a prescribed or stipulated form in response to an invitation by an organ of state for the provision of goods or services, through price quotations, advertised competitive bidding processes or proposals;

  • Winning Bidder With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

  • Submitted Bid has the meaning specified in Section 11.10(d)(i) below.

  • Return Bid has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Lowest Evaluated Bid means a bid for goods, works and services having the lowest evaluated cost among the substantially responsive bids

  • Eligible bidder means a person who is:

  • Interested Bidder means any person or persons who have submitted the Request Letter for Participation along with signed Bid Form, notarized affidavit, signed Declaration, requisite Earnest Money and other necessary documents to complete the eligibility check formalities to the satisfaction of the Liquidator.

  • BC Bid Website means www.bcbid.gov.bc.ca; “City” means the City of Surrey;

  • Bidder means the legal entity which submits a Bid for consideration by City in accordance with the Invitation For Bid.

  • Selected Bidder or Successful Bidder means the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of PPA.

  • Credit Bid means, an offer submitted by Agent (on behalf of the Lender group), based upon the instruction of the Required Lenders, to acquire the property of any Loan Party or any portion thereof in exchange for and in full and final satisfaction of all or a portion (as determined by Agent, based upon the instruction of the Required Lenders) of the claims and Obligations under this Agreement and other Loan Documents.

  • Tenderer/Bidder means any persons, partnership firm or company submitting a sum or sums in the Bills of Quantities in accordance with the Instructions to Tenderers, Conditions of Contract Parts I and II, Specifications, Drawings and Bills of Quantities for the work contemplated, acting directly or through a legally appointed representative.