Conditional Award definition

Conditional Award means a conditional right to acquire Shares granted under the Plan;

Conditional Award means the Commission’s selection of an apparent best value Proposer during a Commission meeting.

Conditional Award means a conditional right to acquire Shares granted under the Plan which is designated as a conditional award by the Committee under Rule 3.2(b) (Committee determinations);

Examples of Conditional Award in a sentence

• The Issuing Officer or a designee shall be the sole point of contact regarding the RFP from the date of issuance of the RFP until the issuance of the Notice of Conditional Award.

• Within ten State business days of the date of Award or Conditional Award, the Bidder to whom the Contract has been awarded shall complete and deliver a Performance Bond and a Payment Bond on forms furnished by the Department.Each bond shall be the sum of not less than the Total Contract Price less the lump sum bid for the Pay Item “Performance Bond and Payment Bond” and shall be maintained by the Contractor until Acceptance.

• Failure on the part of the Bidder, whom the Contract has been awarded, to execute and deliver the Contract, Performance Bond and Payment Bonds, and other documents as specified in 103.06, in the manner and within the time specified, is just cause for annulment of the Award or Conditional Award and for the exclusion of the Bidder from bidding on subsequent projects for such period as the Department may deem appropriate.

• The Department reserves the right to cancel an Award or Conditional Award at any time before the execution of said Contract by all parties without incurring any liability of any kind.

• Said agency shall remain in effect during the performance of the Contract and for 6 years following Acceptance.The Award or Conditional Award is not binding upon the Department until the Department has executed the Contract.

More Definitions of Conditional Award

Conditional Award means a conditional right to acquire Shares granted under the Plan which is designated as a conditional award under Rule 4.2 (Type of Award);

Conditional Award means the maximum amount of state reimbursement a participating county may receive for a project through the Local Jail Construction Financing Program or the Adult Local Criminal Justice Facilities Construction Financing Programs, subject to or conditioned upon certain requirements including, but not limited to: 1) each participating county’s project must be approved by the BSCC and the Board at various stages throughout planning and construction as required by these regulations; 2) each participating county must enter into the state/county agreements as required by these regulations; and 3) the financing mechanism of lease-revenue bonds are able to be sold for each selected project.

Conditional Award means a conditional right to acquire Shares following Vesting;

Conditional Award means a right to receive a transfer of Shares following vesting of the Award;

Conditional Award means issuance of notification from the Authorized

Conditional Award means a right to receive Shares automatically at no cost subject to the rules of the Plan;

Conditional Award means a right to acquire Shares for free on Vesting;