Bid Revision definition

Bid Revision means the Applicant’s voluntary acceptance of the Bid updated with a mandatory minimum premium by the relevant TSOs in case the economic test would not be met after Economic Test I and Economic Test II within 60 (sixty) calendar days after the receipt of the updated Bid, respectively.
Sample 1Sample 2Sample 3
Bid Revision means the Bidder’s voluntary submission of an updated Bid with a modified price- quantity relationship, in which the product of the price and the quantity element shall be higher than in the original Bid and replaces the previously submitted Bid, respectively. If no updated Bid is submitted by a Bidder, the respective original Bid remains valid for the Economic Test.
Sample 1
Bid Revision means any change to the Invitation to Bid that may be issued by the Company before the Closing Time in accordance with the terms of this Invitation to Bid.
Sample 1

Examples of Bid Revision in a sentence

  • In case of a downward revision in the Price Band, RIIs and Bids by Employees and Retail Individual Shareholders under the Reservation Portion, who have bid at the Cut-off Price could either revise their Bid or the excess amount paid at the time of Bidding will be unblocked.4.2.3 FIELD 6: PAYMENT DETAILS(a) All Bidders/Applicants are required to authorize blocking of the full Bid Amount (less Discount (if applicable) at the time of submitting the Bid Revision Form.

  • In case you wish to tender additional physical Equity Shares, please ensure that you attach the additional share certificates and the transfer deed along with the Bid Revision / Withdrawal Form.

  • Please note that all the information, terms and conditions contained in the original Bid Form shall remain valid, except which has been revised under Bid Revision / Withdrawal Form.

  • Please submit this Bid Revision / Withdrawal Form together with other necessary documents referred to above by hand delivery to the same Trading Member and at the same Bid Center where the original Bid Form was submitted.

  • For the planned giving brochure, it was noted that there needs to be consistency in language (e.g. “the MLA” vs.

  • Please note that all the information, terms and conditions contained in the Original Bid cum Acceptance Form shall remain valid, except which has been revised under the Bid Revision / Withdrawal Form.

  • In case the Bid Revision/ Withdrawal Form is not complete in all respects, the same may be liable for rejection.

  • Please ensure that the number of Equity Shares tendered under the Bid Revision / Withdrawal Form is equal to the total number of Equity Shares pledged/deposited into the Special Depository Account of the Manager to the Offer or the number indicated in the share certificate(s) attached and the transfer deed executed.

  • Other enclosures, as applicable (Please tick (√)) Power of Attorney Corporate AuthorizationDeath Certificate Others (Please Specify) E.Details of Previous Bid and Equity Shares tendered pursuant to the Delisting Offer Figure in NumbersFigure in WordsNumber of Equity Shares tendered in the last Bid Form / Bid Revision/ Withdrawal Form) Bid Price per Equity Share (in Rs.) Application no.

  • Other enclosures, as applicable (Please tick (√))Power of Attorney Corporate AuthorizationDeath Certificate Others (Please Specify) E.Details of Previous Bid and Equity Shares tendered pursuant to the Delisting Offer Figure in NumbersFigure in WordsNumber of Equity Shares tendered in the last Bid Form / Bid Revision/ Withdrawal Form) Bid Price per Equity Share (in Rs.) Application no.

Related to Bid Revision

  • competitive bidding process means a competitive bidding process referred to in paragraph 12 (1) (d) of this Policy;

  • Bid Request means a written request for one or more Bid Loans substantially in the form of Exhibit B-1.

  • Competitive Bid Quote Request means a Competitive Bid Quote Request substantially in the form of Exhibit C hereto completed and delivered by the Borrower to the Administrative Agent in accordance with Section 2.3.2.

  • Competitive Bid Reduction has the meaning specified in Section 2.01.

  • Competitive bidding means a transparent process for procurement of equipment, services and works in which bids are invited by the project developer by open advertisement covering the scope and specifications of the equipment, services and works required for the project, and the terms and conditions of the proposed contract as well as the criteria by which bids shall be evaluated, and shall include domestic competitive bidding and international competitive bidding;

  • Competitive Bid Request means a request by the Borrower for Competitive Bids in accordance with the provisions of Section 2.2(b).

  • Invitation for Competitive Bid Quotes means an Invitation for Competitive Bid Quotes substantially in the form of Exhibit 2.2(c).

  • Competitive Bid means an offer by a Lender to make a Competitive Loan in accordance with Section 2.04.

  • Open Competitive Bidding means a fair and transparent specified procedure defined under these Rules, advertised in the prescribed manner, leading to the award of a contract whereby all interested persons, firms, companies or organizations may bid for the contract and includes both National and International Competitive Biddings;

  • Competitive Bid Quote means a response submitted by a Lender to the Administrative Agent or the Borrower, as the case may be with respect to an Invitation for Competitive Bid Quotes in the form attached as Exhibit C-3.

  • Competitive Bid Accept/Reject Letter means a notification made by a Borrower pursuant to Section 2.03(d) in the form of Exhibit A-4.

  • Competitive Bid Margin has the meaning set forth in Section 2.03(d).

  • Competitive Bid Note means a promissory note of any Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of such Borrower to such Lender resulting from a Competitive Bid Advance made by such Lender to such Borrower.

  • Competitive Bid Rate means, with respect to any Competitive Bid, the Margin or the Fixed Rate, as applicable, offered by the Lender making such Competitive Bid.

  • Competitive Sealed Bidding means the competitive process described within an Invitation for Bids, wherein the City invites Offerors to submit bids to supply the City with the Goods and/or Service describes in the Solicitation document, where the City will award the resulting contract to the responsible Offeror submitting the low responsive bid.

  • Bid Solicitation means a formal request for Bids including an Informal Quotation, Request for Quotation, Request for Pre-Qualification, Request for Tender, Request for Proposal, Negotiated Request for Proposal, or Request for Expression of Interest;

  • Competitive Bid Borrowing means a borrowing consisting of simultaneous Competitive Bid Advances from each of the Lenders whose offer to make one or more Competitive Bid Advances as part of such borrowing has been accepted under the competitive bidding procedure described in Section 2.03.

  • Competitive Bid Advance means an advance by a Lender to any Borrower as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.03 and refers to a Fixed Rate Advance or a LIBO Rate Advance.

  • Business Plan means the information required to be supplied to the

  • Competitive Bid Loan means a Competitive Bid LIBOR Loan or a Competitive Bid Absolute Rate Loan.

  • Notice of Competitive Bid Borrowing has the meaning specified in Section 2.03(a).

  • Competitive solicitation means a formal, advertised procurement process, other than an Invitation to Bid, Request for Proposals, or Invitation to Negotiate, approved by the Board to purchase commodities and/or services which affords vendors fair treatment in the competition for award of a District purchase contract.

  • Request for Proposal or “RFP” means all documents, including those attached or incorporated by reference, used for soliciting proposals.

  • Request for Proposals (RFP means all documents, including those attached or incorporated by reference, used for soliciting proposals.

  • Marketing Plan means a plan or system concerning a material aspect of conducting business. Indicia of a marketing plan include any of the following:

  • Technical Bid means the bid submitted online through the electronic bidding platform, containing the documents as listed out in Clause 2.5.2 of this RFP;