Return the Lease. Within 10 business days of receiving the lease copies, the auction winner must post financial assurance, pay any outstanding balance of its bonus bid (i.e., winning monetary bid minus applicable bid deposit), and sign and return the three executed lease copies. The winner may request extensions to the 10-day deadline, and BOEM may grant such extensions if BOEM determines the delay to be caused by events beyond the winner’s control, pursuant to 30 CFR 585.224(e).
Appears in 2 contracts
Samples: Construction Agreement, Construction Agreement
Return the Lease. Within 10 10-business days of receiving the lease copies, the auction winner winners must post financial assurance, pay any outstanding balance of its their bonus bid bids (i.e., winning monetary bid minus applicable bid deposit), and sign and return the three executed lease copies. The winner winners may request extensions to the 10-day deadline, and BOEM may grant such extensions if BOEM determines the delay to be caused by events beyond the requesting winner’s control, pursuant to 30 CFR 585.224(e).
Appears in 1 contract
Samples: Final Sale Notice
Return the Lease. Within 10 10-business days of receiving the lease copies, the auction winner winners must post financial assurance, pay any outstanding balance of its their bonus bid bids (i.e., winning monetary bid minus applicable bid deposit), and sign and return the three executed lease copies. The winner may request extensions to In the 10-day deadlineevent of a delay, and BOEM may grant such extensions extend the 10 business day time period for executing and returning the lease if BOEM determines we determine the delay to be caused by events beyond the winner’s your control, pursuant to 30 CFR 585.224(e).
Appears in 1 contract
Samples: Final Sale Notice
Return the Lease. Within 10 10-business days of receiving the lease copies, the auction winner winners must post financial assurance, pay any outstanding balance of its bonus bid their winning bids (i.e., winning monetary bid bids minus applicable bid depositdeposit and any applicable non-monetary bidding credits), and sign and return the three executed lease copies. The winner winners may request extensions to the 10-day deadline, and BOEM may grant such extensions if BOEM determines the delay to be was caused by events beyond the requesting winner’s control, pursuant to 30 CFR 585.224(e).
Appears in 1 contract
Samples: Proposed Sale Notice
Return the Lease. Within 10 ten business days of receiving the lease copies, the auction winner winners must post financial assurance, pay any outstanding balance of its bonus bid their winning bids (i.e., winning monetary bid minus applicable bid depositdeposit and value of the bidding credit, as applicable), and sign and return the three executed lease copies. The winner winners may request extensions to the 10-day deadline, and BOEM may grant such extensions if BOEM determines the delay to be was caused by events beyond the requesting winner’s control, pursuant to 30 CFR 585.224(e).
Appears in 1 contract
Samples: Proposed Sale Notice
Return the Lease. Within 10 business days of receiving the lease copies, the auction winner must post each winning bidder would be required to file financial assurance, pay any outstanding balance of its bonus bid bids (i.e., winning monetary bid minus less the applicable non-monetary bidding credit and bid deposit), and sign and return the three executed lease copies. The winner may A winning bidder would be allowed to request extensions to a deadline extension. XXXX could grant the 10-day deadline, and BOEM may grant such extensions request if BOEM determines the cause of the delay to be caused by events was beyond the winnerwinning bidder’s control, control pursuant to 30 CFR 585.224(e).
Appears in 1 contract
Samples: Proposed Sale Notice
Return the Lease. Within 10 ten business days of receiving the lease copies, the auction winner winners must post financial assurance, pay any outstanding balance of its bonus bid their winning bids (i.e., winning monetary cash bid minus less applicable bid depositdeposits), and sign and return the three executed lease copies. The A winner may request extensions to in writing an extension of the 10-business-day deadlinetime limit and BOEM, and BOEM in its discretion, may grant such extensions if BOEM determines the delay to be caused by events beyond the winner’s controlextensions, pursuant to 30 CFR 585.224(e585.225(d).
Appears in 1 contract
Samples: Final Sale Notice
Return the Lease. Within 10 business days of receiving the lease copies, the auction winner winners must post financial assurance, pay any outstanding balance of its their bonus bid bids (i.e., winning monetary bid minus applicable non-monetary bidding credit and bid deposit), and sign and return the three executed lease copies. The winner In the event of a delay, BOEM may request extensions to extend the 10-day deadlinebusiness-day-time period for executing and returning the lease if BOEM, and BOEM may grant such extensions if BOEM in its sole discretion, determines the delay to be caused by events beyond the winner’s control, pursuant to 30 CFR 585.224(e).
Appears in 1 contract
Samples: Final Sale Notice
Return the Lease. Within 10 10-business days of receiving the lease copies, the auction winner winners must post financial assurance, pay any outstanding balance of its bonus bid their winning bids (i.e., winning monetary bid minus applicable bid depositdeposit and value of the bidding credit, as applicable), and sign and return the three executed lease copies. The winner winners may request extensions to the 10-day deadline, and BOEM may grant such extensions if BOEM determines the delay to be was caused by events beyond the requesting winner’s 's control, pursuant to 30 CFR 585.224(e).
Appears in 1 contract
Samples: Proposed Sale Notice
Return the Lease. Within 10 ten business days of receiving the lease copieslease, the auction winner winners must post financial assurance, pay any outstanding balance of its bonus bid their winning bids (i.e., winning monetary cash bid minus less applicable bid depositdeposits), and sign and return the three executed lease copieslease. The winner winners may request extensions to the 10-day deadlineand BOEM, and BOEM in its discretion, may grant such extensions if BOEM determines the delay to be caused by events beyond the winner’s control, pursuant to 30 CFR 585.224(e)a request.
Appears in 1 contract
Samples: Final Sale Notice
Return the Lease. Within 10 ten business days of receiving the lease copies, the auction winner winners must post financial assurance, pay any outstanding balance of its bonus bid their winning bids (i.e., winning monetary cash bid minus less applicable bid depositdeposits), and sign and return the three executed lease copies. The winner winners may request extensions to the 10-day deadline, and BOEM may grant such extensions if BOEM determines the delay to be was caused by events beyond the requesting winner’s control, pursuant to 30 CFR 585.224(e).
Appears in 1 contract
Samples: Final Sale Notice
Return the Lease. Within 10 10-business days of receiving the lease copies, the auction winner winners must post financial assurance, pay any outstanding balance of its bonus bid their winning bids (i.e., winning monetary bid minus applicable bid depositdeposit and any applicable non-monetary bidding credit), and sign and return the three executed lease copies. The winner winners may request extensions to the 10-day deadline, and BOEM may grant such extensions if BOEM determines that the delay to be was caused by events beyond the requesting winner’s control, pursuant to 30 CFR 585.224(e).
Appears in 1 contract
Samples: Proposed Sale Notice