Required Tender definition

Required Tender or “Tender” means a Player Contract tender that a Club is required to make to a player pursuant to this Agreement, either as a matter of right with respect to the player, or to receive Rights of First Refusal, Draft Choice Compensation and/or other rights with respect to the player, as specified in this Agreement.
Required Tender means an offer of a Uniform Player Contract to a Draft Rookie, signed by the Team, that: (i) on or before the date specified in Article X is either personally delivered to the player or his representative or sent by email or pre-paid certified, registered, or overnight mail to the last known address of the player or his representative; (ii) with respect to a First Round Pick, (A) affords the player until at least the first day of the following Regular Season to accept, and (B) satisfies the requirements of a Rookie Scale Contract set forth in Article VIII, Section 1 or 2; and (iii) with respect to a Second Round Pick,
Required Tender means an offer of a Rookie Scale Contract to a Draft Rookie, signed by the Team, that: (i) is either personally delivered to the player or her representative or sent by prepaid certified, registered, or overnight mail to the last known address of the player or her representative; (ii) provides the player with ten (10) days to accept; and (iii) may be conditioned, at the option of the Team, on the player submitting to and passing a physical examination in accordance with the provisions of Article V, Section 3(d).

Examples of Required Tender in a sentence

  • If such Required Tender is not made or is withdrawn prior to the first day of training camp, the player will promptly be waived.

  • In addition to complying with specific provisions in this Agreement, any Club or player engaged in negotiations for an AFL Player Contract (including any Club extending, and any player receiving, a Required Tender) is under an obligation to negotiate in good faith.


More Definitions of Required Tender

Required Tender means an offer of a Uniform Player Contract to a Draft Rookie, signed by the Team, that: (i) is either personally delivered to the player or his representative or sent by prepaid certified, registered, or overnight mail to the last known address of the player or his representative; (ii) with respect to a First Round Pick, (A) provides the player with at least until the first day of the following Regular Season to accept, (B) has a stated term of three Seasons plus an Option Year, (C) in each Season prior to the Option Year, calls for at least 80% of the Rookie Scale Amount then applicable to the player, (D) in the Option Year, calls for the percentage increase over the player’s third year Salary called for in Exhibit B hereto, (E) in each Season other than the Option Year, provides protection for lack of skill and insured or non-insured injury or illness of not less than 80% of the Rookie Scale Amount then applicable to the player, and (F) in the Option Year, provides the same percentage of protection for lack of skill and insured or non-insured injury or illness that applies to the third Season of the Contract; and (iii) with respect to a Second Round Pick, (A) provides the player with at least thirty (30) days to accept, (B) has a stated term of one (1) Season, and (C) calls for at least the Minimum Annual Salary then applicable to the player.
Required Tender means an offer of a Uniform Player Contract to a Draft Rookie, signed by the Team, that: (i) is either personally delivered to the player or his representative or sent by pre-paid certified, registered, or overnight mail to the last known address of the player or his representative; (ii) with respect to a First Round Pick, (A) affords the player until at least the first day of the following Regular Season to accept, and (B) satisfies the requirements of a Rookie Scale Contract set forth in Article VIII, Section 1 or 2; and (iii) with respect to a Second Round Pick, (A) affords the player until at least the immediately following October 15 to accept, (B) has a stated term of one (1) Season, and (C) calls for at least the Minimum Annual Salary then applicable to the player. In addition, a Team shall be permitted to include in any Required Tender an Exhibit 6 to the UPC requiring that the player, if he signs the Required Tender, pass a physical examination to be performed by a physician designated by the Team as a condition precedent to the validity of the Contract.
Required Tender means an AFL Player Contract tender that a Club is required to make to a player pursuant to this Agreement, either as a matter of right with respect to the player, or to receive any rights with respect to the player, as specified in this Agreement. (nn) “Rookie” means a person who has never signed an AFL Player Contract with an AFL Club.
Required Tender means an offer of a Uniform Player Contract to a Draft Rookie, signed by the Team, that: (i) on or before the date specified in Article X is either personally delivered to the player or his representative or sent by email or pre-paid certified, registered, or overnight mail to the last known address of the player or his representative; (ii) with respect to a First Round Pick, (A) affords the player until at least the first day of the following Regular Season to accept, and (B) satisfies the requirements of a Rookie Scale Contract set forth in Article VIII, Section 1 or 2; and (iii) with respect to a Second Round Pick, (A) affords the player until at least the earlier of (x) four (4) days before the date of the first day of the immediately following Regular Season, or (y) the immediately following October 15, to accept, (B) has a stated term of one (1) Season, and (C) calls for at least the Minimum Player Salary then applicable to the player. In addition, a Team shall be permitted to include in any Required Tender an Exhibit 6 to the Uniform Player Contract requiring that the player, if he signs the Required Tender, pass a physical examination to be performed by a physician designated by the Team as a condition precedent to the validity of the Contract.

Related to Required Tender

  • Approved tenderer means the tenderer who is approved by the Employer.

  • e-Tender means Bids / Quotation / Tender received from a Firm / Tenderer / Bidder online.

  • Bid/Tender means the Techno Commercial and the Price Bid submitted by the Bidder along with all documents/credentials/attachments, formats, etc., in response to this Bid Document, in accordance with the terms and conditions hereof.

  • Bidder/Tenderer means the interested Firm/ Company that may provide or provides related goods / services to any of the public/ private sector organization under the contract and have registered for the relevant business thereof.

  • The Tenderer means the individual or firm supplying the Goods under this Contract.