Bid Securing Declaration definition

Bid Securing Declaration. “Bid Securing Declaration” means the declaration provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until completion of the Project and /or termination of the Contract;
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Bid Securing Declaration means a bid securing declaration referred to in section 45 of the Act;
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Bid Securing Declaration means a declaration specified under
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Examples of Bid Securing Declaration in a sentence

  • In place of EMD, bidders should provide Bid Securing Declaration as per para 170(iii)of GFR – 2017.


More Definitions of Bid Securing Declaration

Bid Securing Declaration means a declaration specified under the regulations; “chairperson” means the chairperson of the Authority;
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Bid Securing Declaration means declaration to be submitted along with the Bid by the Bidder in the form as defined in Clause 3.16 of this RFP, in the prescribed Format in Section VI.
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Bid Securing Declaration means the BID Securing Declaration provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until substituted by the Performance Security;
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Bid Securing Declaration means the declaration provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until completion of the Project and /or termination of the Contract; “Change in Law” means the occurrence of any of the following after the Base Date: (a) the enactment of any new Indianlaw; (b) the repeal, modification or re-enactment of any existing Indianlaw; (c) the commencement of any Indian law which has not come into effect until the Base Date;or Draft Contract AgreementPage 17 of 146 “Construction of two lane with paved shoulders road from Tamenglong to Mahur (NH-137) in the State of Manipur from km 43.480 near Phelong Village to km 54.180 near Azuram Village (Length- 10.700 km) (Package-4) on EPC mode.” May 2021 (d) a change in the interpretation or application of any Indian law by a judgment of a court of record which has become final, conclusive and binding, as compared to such interpretation or application by a court of record prior to the BaseDate. “Change of Scope” shall have the meaning set forth in Article 13; “Change of Scope Notice” shall have the meaning set forth in Clause 13.2 (i); “ChangeofScopeRequest”shallhavethemeaningsetforthinClause13.2(ii); “Change of Scope Order” shall have the meaning set forth in Clause 13.2 (iv); “Completion Certificate” shall have the meaning set forth in Clause 12.2; “Construction” shall have the meaning set forth in Clause 1.2(f); “Construction Period” means the period commencing from the Appointed Date and ending on the date of the Completion Certificate; “Construction Zone” shall have the meaning set forth in Clause 8.3 (i); “Contract Price” means the amount excluding GST specified in Clause 9.1 (i); “Contractor” shall have the meaning attributed thereto in the array of Parties hereinabove as set forth in the Recitals; “Contractor Default” shall have the meaning set forth in Clause 23.1; “Cure Period” means the period specified in this Agreement for curing any breach or default of any provision of this Agreement by the Party responsible for such breach or default and shall: (a) commence from the date on which a notice is delivered by one Party to the other Party asking the latter to cure the breach or default specified in such notice; (b) not relieve any Party from liability to pay Damages or compensation under the provisions of this Agreement;and (c) not in any way be extended by any period of Suspension under this Agreement; provided that if the cure of any bre...
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Bid Securing Declaration means the declaration provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until completion of the Project and /or termination of the Contract; “Change in Law” means the occurrence of any of the following after the Base Date: (a) the enactment of any new Indianlaw; (b) the repeal, modification or re-enactment of any existing Indianlaw; (c) the commencement of any Indian law which has not come into effect until the Base Date;or Draft Contract AgreementPage 17 of 146 “Construction of two lane with paved shoulders road from Tamenglong to Mahur (NH-137) in the State of Manipur from km 43.480 near Phelong Village to km 54.180 near Azuram Village (Length- 10.700 km) (Package-4) on EPC mode.” May 2021 (d) a change in the interpretation or application of any Indian law by a judgment of a court of record which has become final, conclusive and binding, as compared to such interpretation or application by a court of record prior to the BaseDate. “Change of Scope” shall have the meaning set forth in Article 13; “Change of Scope Notice” shall have the meaning set forth in Clause 13.2 (i); “ChangeofScopeRequest”shallhavethemeaningsetforthinClause13.2(ii); “Change of Scope Order” shall have the meaning set forth in Clause 13.2 (iv); “Completion Certificate” shall have the meaning set forth in Clause 12.2; “Construction” shall have the meaning set forth in Clause 1.2(f); “Construction Period” means the period commencing from the Appointed Date and ending on the date of the Completion Certificate; “Construction Zone” shall have the meaning set forth in Clause 8.3 (i); “Contract Price” means the amount excluding GST specified in Clause 9.1 (i); “Contractor” shall have the meaning attributed thereto in the array of Parties hereinabove as set forth in the Recitals; “Contractor Default” shall have the meaning set forth in Clause 23.1; “Cure Period” means the period specified in this Agreement for curing any breach or default of any provision of this Agreement by the Party responsible for such breach or default and shall: (a) commence from the date on which a notice is delivered by one Party to the other Party asking the latter to cure the breach or default specified in such notice; (b) not relieve any Party from liability to pay Damages or compensation under the provisions of this Agreement;and (c) not in any way be extended by any period of Suspension under this Agreement; provided that if the cure of any bre...
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Bid Securing Declaration. “Bid Securing Declaration” means the declaration provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until completion of the Project and /or termination of the Contract; floating material for providing floating Terminal facilities at various locations on NW – 2 (Brahmaputra River) on EPC mode Sept, 2021
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Related to Bid Securing Declaration

  • Permitted First Priority Refinancing Debt means any secured Indebtedness incurred by the Borrower in the form of one or more series of senior secured notes or senior secured loans; provided that (i) such Indebtedness is secured by the Collateral on a pari passu basis with the Obligations and is not secured by any property or assets of Holdings and its Subsidiaries other than the Collateral, (ii) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness in respect of Term Loans, (iii) such Indebtedness does not mature prior to the Maturity Date of the Refinanced Debt and such Indebtedness shall have a Weighted Average Life to Maturity that is not shorter than the Refinanced Debt, (iv) to the extent applicable, the security agreements relating to such Indebtedness are substantially the same as the Security Documents (with such differences as are reasonably satisfactory to the Administrative Agent), (v) no Restricted Subsidiary guarantees such Indebtedness unless it is a Subsidiary Guarantor (or becomes a Subsidiary Guarantor substantially concurrently with the incurrence of such Indebtedness); provided that, if, at any time, such Restricted Subsidiary ceases to be a Guarantor, it shall not guarantee such Indebtedness, (vi) the other terms and conditions of such Indebtedness (excluding pricing, fees, rate floors, premiums, optional prepayment or optional redemption provisions) reflect market terms and conditions at the time of incurrence and issuance; provided, that, to the extent such terms and documentation are not substantially identical to the Indebtedness being refinanced, (x) such terms (taken as a whole) shall be less favorable to the providers of such Permitted First Priority Refinancing Debt than those applicable to the Indebtedness being refinanced, except, in each case, for financial or other covenants or other provisions contained in such Indebtedness that are applicable only after the then Latest Maturity Date, or (y) such documentation shall be reasonably acceptable to the Administrative Agent and (vii) a Senior Representative acting on behalf of the holders of such Indebtedness shall have become party to a Pari Passu Intercreditor Agreement and the Administrative Agent shall have become a party to the Pari Passu Intercreditor Agreement (or any then-existing Pari Passu Intercreditor Agreement shall have been amended or replaced in a manner reasonably acceptable to the Administrative Agent, which results in such Senior Representative having rights to share in the Collateral as provided in clause (i) above). Permitted First Priority Refinancing Debt will include any Registered Equivalent Notes issued in exchange therefor.

  • Permitted Second Priority Refinancing Debt secured Indebtedness incurred by the Borrower in the form of one or more series of second lien secured notes or second lien secured loans; provided that (i) such Indebtedness is secured by the Collateral on a second lien, subordinated basis to the Obligations and is not secured by any property or assets of the Borrower or any of its Subsidiaries other than the Collateral, (ii) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness in respect of Term Loans, (iii) such Indebtedness does not mature or have scheduled amortization or payments of principal prior to the date that is 91 days after the Latest Maturity Date at the time such Indebtedness is incurred, (iv) the security agreements relating to such Indebtedness are substantially the same as the Security Documents (with such differences as are reasonably satisfactory to the Administrative Agent; provided that such differences are not more favorable to the investors in such secured Indebtedness), (v) such Indebtedness is not also incurred by or guaranteed by any Subsidiaries of the Borrower other than the Subsidiary Guarantors and is not incurred by or guaranteed by any other Person, (vi) an agent or representative acting on behalf of the holders of such Indebtedness (a “Second Lien Agent”) shall have become party to an intercreditor agreement in form and substance satisfactory to the Administrative Agent (the “Second Lien Intercreditor Agreement”); provided that, if such Indebtedness is the initial Permitted Second Priority Refinancing Debt incurred by the Borrower, then the Borrower, the Subsidiary Guarantors, the Administrative Agent and the Second Lien Agent for such Indebtedness shall have executed and delivered the Second Lien Intercreditor Agreement, (vii) the other terms and conditions of such secured Indebtedness are on the whole substantially identical to, or less favorable to the investors providing such secured Indebtedness, than those applicable to the Refinanced Debt (except for (x) pricing, fees, rate floors and prepayment or redemption premiums, which shall reflect market terms and conditions at the time of incurrence or issuance, (y) covenants or other provisions applicable only to periods after the date that is 91 days after the Latest Maturity Date that is in effect on the date such Indebtedness is issued, incurred or obtained and (z) differences that reflect the nature of such secured debt as fixed or floating rate securities), and (viii) a Responsible Officer shall have certified compliance with the foregoing requirements and that the incurrence of such Indebtedness complies with Section 6.2.

  • Excluded Indebtedness means all Indebtedness not incurred in violation of Section 6.01.

  • Permitted Indebtedness means, without duplication, each of the following:

  • Special purpose spray adhesive means an aerosol adhesive that meets any of the following definitions: