Auction Process definition

Auction Process means the process encompassing the setting of the auction calendar, the procedures for admission to bid, the procedures for submission of bids, the conduct of the auction, the calculation and announcement of the auction results, the arrangements for payment of the price due, delivery of the allowances and management of the collateral needed to cover any transaction risks, as well as the surveillance and monitoring of the proper conduct of the auctions by an auction platform;
Auction Process means the process for conduct of the Auction as set out in Clause 3.
Auction Process means a process as set forth in Annex 3;

Examples of Auction Process in a sentence

  • The timetable may be amended by the Liquidator through issuance of an addendum to the E- Auction Process Information Document.

  • The Auction Process Applicant shall observe the highest standard of ethics during the Auction process and subsequently during the closure of the Auction process and declaration of Successful Bidder.

  • The E-Auction Process Applicant / Bidder shall observe the highest standard of ethics during the E- Auction Process and subsequently during the closure of the E-Auction Process and declaration of successful bidder.

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

  • If requested by an Auction Process Applicant, the Liquidator may arrange a site visit for such applicant at any time prior to the closure of the Auction process.


More Definitions of Auction Process

Auction Process means the process and procedure through which those Licenses being auctioned by the FCC in Auction No. 58 were offered to qualified bidders commencing with preparation and filing of FCC Form 175 for Auction No. 58 through the award of any License for which Royal Street is the Successful Bidder.
Auction Process has the meaning set out in the recitals to this Agreement.
Auction Process means the process described, and update from time to time, on the Website under the heading “How Auctions work” together with any restrictions, amendments or eligibility criteria described on the information page of our Website for the relevant Auction.
Auction Process means the process described, and updated from time to time, on the Website under the heading “How auctions work” and related content linked to that description.
Auction Process means the auction process described in Section 5 of this Settlement Agreement.
Auction Process means the process undertaken by EME involving the potential disposition of substantially all of its assets held outside the United States in one or more transactions, including the procedures employed by EME through which its indirect ownership interest in MEC BV and its Subsidiaries was offered for sale to competing bidders.
Auction Process means the process and procedure through which those licenses being auctioned by the FCC in Auction No. 58 are being offered to qualified bidders, qualified bidders bid on, and Successful Bidders are ultimately awarded licenses, as amended by the FCC from time-to-time.