Bidding Party definition

Bidding Party means any Person or group of Persons, or any of their respective controlled Affiliates, who has made an Acquisition Proposal on or after April 1, 2014 and prior to the date hereof. Notwithstanding anything to the contrary in this Agreement, the parties hereby acknowledge that in the event that the Termination Fee (together with the Parent Expenses) is paid by the Company pursuant to this Section 8.5(b), the Termination Fee (together with the Parent Expenses) shall be Parent’s and Merger Sub’s sole and exclusive remedy for monetary damages under this Agreement.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Bidding Party means Bayer if it or one of its Affiliates has provided a Bid for a Company Product; provided, however, that Bayer will no longer be considered a Bidding Party following its delivery of a Formal Withdrawal.

Bidding Party has the meaning provided in Section 9.3(e)(i).

Examples of Bidding Party in a sentence

Where a Primary Bidding Party has been awarded a contract by a Client on an Eligible Project, and the Secondary Bidding Party has executed a subcontract with the Primary Bidding Party to provide Complementary Services in connection with such Eligible Project, each Party shall comply with the applicable Client’s HSE standard applicable to the operations of such Client’s suppliers on such Eligible Project.
Liability between the Parties with respect to each Party’s performance of the applicable Complementary Services relating to an Eligible Project, including knock-for-knock liability for oilfield operations, shall be set forth the subcontract to be executed between the Primary Bidding Party and the Secondary Bidding Party with respect to the applicable Eligible Project.
Each Party in its role as a Secondary Bidding Party shall treat as Confidential Information all information relating to any Eligible Project or any other project or bidding process discussed by the Parties as a potential Eligible Project.
The non-Bidding Party will have [***] ([***]) Business Days to notify the Bidding Party of its acceptance or rejection of a Project Bid made by the Bidding Party, on a Project Bid-by-Project Bid basis.
The Bidding Party will share with the Non-Bidding Party all information in its possession regarding the Prohibited Business, and the Bidding Party will assure that any confidentiality agreement entered into by it in connection with such transaction permits such sharing of information.
The Bidding Party will have [***] ([***]) Business Days to accept or reject such counterbid.
The non-Bidding Party will have [**] Business Days to notify the Bidding Party of its acceptance or rejection of a Project Bid made by the Bidding Party, on a Project Bid-by-Project Bid basis.
If one party (the "Bidding Party") desires to make a Control Proposal and the other party does not, then Bidding Party may proceed only with the consent of the other party.
If either Party (the “Non-Bidding Party”) gives notice to the other Party (the “Bidding Party”), which notice may be by email, that the Bidding Party is bidding on such keywords or phrases containing the Non- Bidding Party’s trademarks, the Bidding Party will use commercially reasonable efforts to cancel such bids within three (3) business days.
Each Unsuccessful Bidding Party shall have thirty (30) days after receipt of said notice in which to give the Acquiring Party written notice of its election (if it so elects) to purchase from the Acquiring Party the hereinafter stated part of the Acquiring Party's interest by reimbursing the Acquiring Party for said part of the Acquiring Party's lease-acquisition costs and by assuming said part of the Acquiring Party's leasehold obligations.

More Definitions of Bidding Party

Bidding Party means Bayer if it or one of its Affiliates has provided a Bid for a Product; provided, that Bayer will no longer be considered a Bidding Party following its delivery of a Formal Withdrawal.

Bidding Party is defined in Section 6.4(d).