Is received by the Bid Deadline Sample Clauses

Is received by the Bid Deadline. A bid received from a Qualified Bidder will constitute a “Qualified Bid” only if it includes all of the Required Bid Documents and meets all of the above requirements; provided, however, that Delphi will have the right, in its sole discretion, to entertain bids for the Acquired Assets that do not conform to one or more of the requirements specified in Section 10.6 and deem such bids to be Qualified Bids, including bids for a portion of the Acquired Assets (e.g., Ride Dynamics Business or Brake Business). Notwithstanding the foregoing, Buyer Parent will be deemed a Qualified Bidder, and the Agreement will be deemed a Qualified Bid, for all purposes in connection with the bidding process, the Auction, and the Sale. A Qualified Bid will be valued based upon factors such as the net value provided by such bid and the likelihood and timing of consummating such transaction. Each Qualified Bid other than that of Buyer Parent is referred to as a “Subsequent Bid”. If Delphi does not receive any Qualified Bids other than the Agreement received from Buyer Parent, Delphi will report the same to the Bankruptcy Court and will proceed with the Sale pursuant to the terms of this Agreement.
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Related to Is received by the Bid Deadline

  • SIGNED AND DELIVERED BY THE WITHIN NAMED Allottee: (including joint buyers) (1)

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