Binding Bids definition

Binding Bids means bids submitted by Shippers for Incremental Capacity in an ICAM which are not subject to any conditions;
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Binding Bids has the meaning set forth in Section 4.12.
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Examples of Binding Bids in a sentence

  • SRG and DESFA will each verify the EVT with the lowest Offer Level meeting the maximum amount of Binding Bids at each IP.

  • In the event a bid bond is required under this Solicitation, all such bonds shall be retained by the HAS until the Contract is executed or until such time that a Bidder requests its bid to be withdrawn in accordance with Section 8.5 (Binding Bids) of this Solicitation.

  • For Binding Bids that do not meet these requirements the TSOs shall apply the lesser rule.Participants shall specify in each Binding Bid:• The capacity requested (in kWh/day).

  • Lodgement of submissions closed on 7 November 2008 and the following Proponents submitted Binding Bids for the SEQ Schools PPP Project.

  • GASTRANS d.o.o. may use the data from the Binding Bids submitted upon this Invitation in preparing the feasibility studies for the New Interconnector, as well as in the procedures before the authorities of the Republic of Serbia and competent international bodies and their members that are entitled to participate in the deciding on the exemption of the New Interconnector pursuant to the Energy Law.

  • The Seller plans to select 3-4 highest-quality non-binding proposals and invite the selected bidders to perform due diligence of the Company and deliver Binding Bids.

  • The Procurement Administrator will take reasonable precautions and use reasonable efforts to maintain the confidentiality of all Pre-Qualification Applications and Binding Bids submitted.

  • The Bidders whose Binding Bids have not been accepted are entitled to file a complaint to GASTRANS d.o.o. The Bidders have three (3) working days from the receipt of the notification on non-acceptance of the Binding Bid to file a complaint.

  • During the Binding Bidding Phase, Participants will have to submit their Binding Bids for incremental capacity products to both TSOs. Binding Bids at both TSOs for the IP should match, having identical start and end dates, and identical capacity requested per gas year.

  • The final allocation and publication to the relevant Applicant respecting keeping the confidentiality of results shall be done and notified by each of the Parties by the closing of the Auction Platform or in case of pro-rata allocation till 12:00 CET 19th of May 2015 (“Final Allocation”) which is the binding acceptance of the Binding Bids.

Related to Binding Bids

  • Winning Bid Rate has the meaning specified in Section 11.10(d)(i) below.

  • Closing Bid Price and “Closing Sale Price” means, for any security as of any date, the last closing bid price and last closing trade price, respectively, for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing bid price or the closing trade price, as the case may be, then the last bid price or the last trade price, respectively, of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last closing bid price or last trade price, respectively, of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing do not apply, the last closing bid price or last trade price, respectively, of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no closing bid price or last trade price, respectively, is reported for such security by Bloomberg, the average of the bid prices, or the ask prices, respectively, of any market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Closing Bid Price or the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Bid Price or the Closing Sale Price, as the case may be, of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Invitation for bids means all documents, whether attached or incorporated by reference, utilized for soliciting bids.

  • Sufficient Clearing Bids has the meaning specified in Section 11.10(d)(i) below.

  • Non-bid Basis means a contract awarded or executed by the Commonwealth with Contractor without seeking bids or proposals from any other potential bidder or offeror.

  • Winning Bidder With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

  • NMS means NationsBanc Xxxxxxxxxx Securities LLC.

  • bid means a written offer in a prescribed or stipulated form in response to an invitation by an organ of state for the provision of goods or services, through price quotations, advertised competitive bidding processes or proposals;

  • Ask means the higher price in a Quote at which the price the Client may buy.

  • Highest Bidder means the Bidder, who quotes the highest License Fees

  • Invitation for Bid (IFB means the solicitation document issued to potential vendors for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Addendums thereto.

  • Bid Price means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the bid price of the Common Stock for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company.

  • Bids means the Techno Commercial Bid submitted by the Bidder along with all documents / credentials / attachments annexure etc., in response to this RFQ, in accordance with the terms and conditions hereof.

  • Decrement Bid means a type of Virtual Transaction that is a bid to purchase energy at a specified location in the Day-ahead Energy Market. A cleared Decrement Bid results in scheduled load at the specified location in the Day-ahead Energy Market.

  • Best Bid means the highest posted bid price of the Common Stock.

  • Demand Bid Screening means the process by which Demand Bids are reviewed against the applicable Demand Bid Limit, and rejected if they would exceed that limit, as determined pursuant to Operating Agreement, Schedule 1, section 1.10.1B, and the parallel provisions of Tariff, Attachment K-Appendix.

  • BC Bid Website means www.bcbid.gov.bc.ca;

  • BC Bid means the BC Bid website located at www.bcbid.ca;

  • 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.

  • Instant bingo, "pull tabs," or "seal cards" means specific games of chance played by the random

  • Highest-level owner means the entity that owns or controls an immediate owner of the offeror, or that owns or controls one or more entities that control an immediate owner of the offeror. No entity owns or exercises control of the highest level owner.

  • Share Amount means a fraction of ETF Shares calculated in accordance with

  • Bid Valuation Date means January 15, 2010.

  • Lowest Evaluated Bid means a bid for goods, works and services having the lowest evaluated cost among the substantially responsive bids

  • Invitation to Bid (ITB) means a Solicitation Document for the solicitation of competitive, Written, signed and sealed Bids in which Specifications, price, and delivery (or project completion) are the predominant award criteria.

  • Per Share Amount has the meaning set forth in Section 3.01(c).