Auction Participant definition

Auction Participant or “Bidder” means a Person or Persons who submitted a bid as per the E- Auction Process Memorandum; and shall include a Qualified Bidder or the Successful Bidder and as the context requires;

Auction Participant or “Bidder” means a Person or Persons who have shown interest in participating in e-auction process for the Purchase of assets of Corporate Debtor pursuant to this Process Memorandum and have submitted Application Form as provided in Annexure 2, Affidavit in a format provided in Annexure 3 hereof, Confidentiality Undertaking as provided in Annexure 4 hereof, a copy of Board Resolution in a format provided in Annexure 5 hereof and other necessary documents to complete the eligibility check formalities to the satisfaction of the Liquidator;

Auction Participant or “Bidder” or “Applicant “ shall mean, Person or Persons who submitted a bid as per this Sale Process Memorandum and shall include a Qualified Bidder or the Successful Bidder, as the case may be, and as the context requires;

Examples of Auction Participant in a sentence

• All statutory liabilities / taxes / demands/ claims/ maintenance fee / electricity / water charges etc., outstanding as on date or yet to fall due in respect of the relevant asset should be ascertained by the Auction Participant and would be borne by the successful bidder.

• The details with respect to the discussion meeting shall be communicated to the Auction Participant in advance.

• The Liquidator reserves the right to not arrange a discussion meeting for any reason whatsoever, irrespective of the request of the Auction Participant.

• The Liquidator reserves the right to not arrange a site visit for any reason whatsoever, irrespective of the request of the Auction Participant.

• The details, terms and conditions with respect to the Site Visit shall be communicated to the relevant Auction Participant in advance.

More Definitions of Auction Participant

Auction Participant or “Bidder” means a Person or Persons who have shown interest in

Auction Participant or “Bidder” means a Person or Persons who have shown interest in participating in e-auction process for the Purchase of asset of Corporate Debtor pursuant to

Auction Participant means an Exchange Member with an Emissions Trading Privilege, a client of such Exchange Member, a client of such client and so on until the underlying bidder in an Auction, provided that the relevant Exchange Member is registered with the Exchange for participation in Auctions.

Auction Participant or “Bidder” means a Person or Persons who have shown interest in participating in e-auction process for the Purchase of Corporate Debtor as a going concern

Auction Participant or “Bidder” means a Person or Persons who have shown interest in participating in e-auction process for the Purchase of Corporate Debtor as a going concern pursuant to this Process Memorandum and have submitted Application Form as provided in Annexure 2, Affidavit in a format provided in Annexure 3 hereof, Confidentiality Undertaking as provided in Annexure 4 hereof, a copy of Board Resolution in a format provided in Annexure 5 hereof and

Auction Participant refers to the auction to be held by the Auction Team and all those who participate in it.

Auction Participant means each party to this Agreement other than AEMO.