THE BIDDING PROCESS Sample Clauses

THE BIDDING PROCESS. 1. The parties agree to membership in the Xxxxxx Insurance Trust.
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THE BIDDING PROCESS. 11.7.1 Information regarding the bidding process and the rules that govern it shall be published in a Bidding Guide produced by the Company in liaison with the Union.
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THE BIDDING PROCESS. It is understood and agreed that the bidding price for YAK stock shall be determined in accordance with a "Dutch style auction," which for the purposes of this Agreement shall mean the following. Prior to the Offering Period, YAK shall, at the time of listing on the Internet, establish the number of shares to be offered and sold and the minimum acceptable bid price to YAK for each share. The winning bid price to be paid by all bidders shall be the lowest priced bid from the group of the highest priced bids (the "Last Bid") included among successful offers for purchase upon the closing the of the auction, provided that such bid is greater than or equal to the minimum acceptable bid price as established by YAK. In the event any bid received is greater than the Last Bid, then such bidder shall be entitled to a refund of the excess over the Last Bid.
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THE BIDDING PROCESS. It is understood and agreed that the bidding price for [__________] stock shall be determined in accordance with a "Dutch style auction," which for the purposes of this Agreement shall mean the following. Prior to the Offering Period, [__________] shall, at the time of listing on the Website, establish the number of shares to be offered and sold and the minimum acceptable bid price to [__________] for each share. The winning bid price to be paid by all bidders shall be the highest bid (the "Deciding Bid") received prior to the termination of the Offering Period at which [__________] is able to dispose of all the shares covered by the Offering; PROVIDED that such bid is greater than or equal to the minimum acceptable bid price as established by [__________]. Any bidder who bid in excess of the Deciding Bid shall be entitled to a refund of the excess over the Deciding Bid.
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THE BIDDING PROCESS. The Company and its advisors shall (a) determine whether any person is a Qualified Bidder (hereinafter defined), (b) coordinate the efforts of Qualified Bidders in conducting their due diligence investigations, (c) receive offers from Qualified Bidders, and (d) negotiate any offers made to purchase the Assets (collectively, the “Bidding Process”). Any person that wishes to participate in the Bidding Process must be a Qualified Bidder. Neither the Company nor its representatives shall be obligated to furnish information of any kind whatsoever to any person that is not determined to be a Qualified Bidder.
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THE BIDDING PROCESS. The Debtors shall (i) determine whether any person is a Qualified Bidder, (ii) coordinate the efforts of potential bidders in conducting their due diligence investigations, (iii) receive offers from potential bidders, and (iv) negotiate any offers made to purchase the Assets (collectively, the “Bidding Process”). Any person who wishes to participate in the Bidding Process and attend the Auction must be a Qualified Bidder. For all purposes of these Bidding Procedures, the Proposed Buyer shall be deemed a Qualified Bidder, and the Purchase Agreement shall be deemed (i) to include the Required Bid Documents meeting all of the requirements of these Bidding Procedures and (ii) to be a Qualified Bid, provided that any subsequent bids made by the Proposed Buyer at the Auction are in accordance with these Bidding Procedures. All rights of secured creditors under the Bankruptcy Code and the debtor-in-possession financing and factoring documents and orders entered in the Debtors’ Chapter 11 cases approving and ratifying such documents are preserved, and are not being modified, impaired or adversely affected by these Bidding Procedures.
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THE BIDDING PROCESS. Upon commencement of the Bidding Process and subject to your admission to the Bidding Process, you may submit your Bid. The Bid should contain the following information:
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THE BIDDING PROCESS. 1. The parties agree to membership in the Xxxxxx Insurance Trust. 2. The parties agree to terms as outlined in the Xxxxxx Insurance Trust Agreement which in part stipulates that the school corporation shall have the superintendent and a teacher representative as voting members on the Governing Board of Directors. 3. The Association shall appoint its representative to the Xxxxxx Insurance Trust Governing Board. Updated 11-2024
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Related to THE BIDDING PROCESS

  • Billing Procedures (a) PROVIDER agrees all claims shall be submitted to OHCA in a format acceptable to OHCA and in accordance with the OHCA Provider Manual.

  • Approval Process Tenant shall notify Landlord whether it approves of the submitted working drawings within three business days after Landlord’s submission thereof. If Tenant disapproves of such working drawings, then Tenant shall notify Landlord thereof specifying in reasonable detail the reasons for such disapproval, in which case Landlord shall, within five business days after such notice, revise such working drawings in accordance with Tenant’s objections and submit the revised working drawings to Tenant for its review and approval. Tenant shall notify Landlord in writing whether it approves of the resubmitted working drawings within one business day after its receipt thereof. This process shall be repeated until the working drawings have been finally approved by Landlord and Tenant. If Tenant fails to notify Landlord that it disapproves of the initial working drawings within three business days (or, in the case of resubmitted working drawings, within one business day) after the submission thereof, then Tenant shall be deemed to have approved the working drawings in question. Any delay caused by Tenant’s unreasonable withholding of its consent or delay in giving its written approval as to such working drawings shall constitute a Tenant Delay Day (defined below). If the working drawings are not fully approved (or deemed approved) by both Landlord and Tenant by the 15th business day after the delivery of the initial draft thereof to Tenant, then each day after such time period that such working drawings are not fully approved (or deemed approved) by both Landlord and Tenant shall constitute a Tenant Delay Day.

  • Closing Procedures Subject to satisfaction or waiver by the relevant Party of the conditions of Closing, on the Closing Date, the Sellers shall deliver actual possession of the Purchased Interest to the Purchaser and upon such delivery the Purchaser shall pay and issue the Purchase Price in accordance with Section 2.3.

  • Borrowing Procedures Each Swing Line Borrowing shall be made upon the Borrower’s irrevocable notice to the Swing Line Lender and the Administrative Agent, which may be given by telephone. Each such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the requested borrowing date, and shall specify (i) the amount to be borrowed, which shall be a minimum of $100,000, and (ii) the requested borrowing date, which shall be a Business Day. Each such telephonic notice must be confirmed promptly by delivery to the Swing Line Lender and the Administrative Agent of a written Swing Line Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower. Promptly after receipt by the Swing Line Lender of any telephonic Swing Line Loan Notice, the Swing Line Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Swing Line Loan Notice and, if not, the Swing Line Lender will notify the Administrative Agent (by telephone or in writing) of the contents thereof. Unless the Swing Line Lender has received notice (by telephone or in writing) from the Administrative Agent (including at the request of any Lender) prior to 2:00 p.m. on the date of the proposed Swing Line Borrowing (A) directing the Swing Line Lender not to make such Swing Line Loan as a result of the limitations set forth in the proviso to the first sentence of Section 2.04(a), or (B) that one or more of the applicable conditions specified in Article IV is not then satisfied, then, subject to the terms and conditions hereof, the Swing Line Lender will, not later than 3:00 p.m. on the borrowing date specified in such Swing Line Loan Notice, make the amount of its Swing Line Loan available to the Borrower at its office by crediting the account of the Borrower on the books of the Swing Line Lender in immediately available funds.

  • Operating Procedures 3.1 Immediately a CHO identifies the at fault driver’s insurer as a subscriber to this repair agreement they must notify them in accordance with the insurer’s specified procedure (see Appendix A to the GTA for specimen New Claim Advice Form which covers hire, repair and personal injury). In the absence of a reasonable explanation for failure to notify the insurer immediately, the insurer will not be liable for storage/hire charges incurred before the notice was given. This notification will indicate which Repair Option is required.

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