Completion of the Auction Process definition

Completion of the Auction Process means, with respect to a particular tranche of the Auction Process being conducted by a Subsidiary, the completion of the Auction for the last Lot of that tranche.
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Examples of Completion of the Auction Process in a sentence

  • Upon Completion of the Auction Process for any tranche of the Auction, a system generated intimation (in the format set out in Annexure X) (“Intimation Letter”) shall be issued by the Electronic Platform to each of the Successful Bidders in respect of inter alia the cumulative Allocated Quantity of such Successful Bidder.

Related to Completion of the Auction Process

  • Reverse auctioning means a procurement method wherein bidders are invited to bid on specified

  • Pendency of the procurement process means the time period commencing with the public notice of the request for proposals and ending with the award of the contract or the cancellation of the request for proposals.

  • Acceptance Tests means those tests performed during the Performance Period which are intended to determine compliance of Equipment and Software with the specifications and all other Attachments incorporated herein by reference and to determine the reliability of the Equipment.

  • Completion of Construction means all the construction is complete except for minor weather-related components and conforms to the approved plans and specifications and change orders.

  • Completion of Services means..................................................