Earnest Money Deposit (EMD) definition

Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

Earnest Money Deposit (EMD) means the deposit made in the form and manner specified in the NIT by the participating bidder towards bid security.

Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a Bidder along with its tender.

Examples of Earnest Money Deposit (EMD) in a sentence

• Apart from one time registration fee, the Bidder will have to deposit Earnest Money Deposit (EMD) for each lot as per declare base price for the particular e-Auction.

• The intending purchaser/bidder is required to submit amount of the Earnest Money Deposit (EMD) by way of Demand Draft/PAY ORDER drawn on any nationalized or scheduled Commercial Bank in favor of “Cholamandalam Investment and Finance Company Limited” payable at Chennai and register their name at https://chola-lap.procure247.com/ and get user ID and password free of cost and get training on e-Auction from the service provider.

• The intending purchaser/bidder is required to submit amount of the Earnest Money Deposit (EMD) by way of Demand Draft/PAY ORDER drawn on any nationalized or scheduled Commercial Bank in favor of “Cholamandalam Investment and Finance Company Limited” payable at Chennai and register their name at https://bankauctions.in/ and get user ID and password free of cost and get training on e-Auction from the service provider.

• Bidder shall pay Earnest Money Deposit (E.M.D.) of specified amount through MCGM's SRM Portal along with the submission of the bid online.If during the Bid/Quotation’s validity period, the Bidder withdraws his Bid/Quotation, the Earnest Money shall be forfeited and the Bidder may be disqualified from Bid/Quotation/s for further works of the Municipal Corporation of Greater Mumbai.The successful Bid/Quotation’s Earnest Money will be retained as security till the completion of the work.

• The intending purchaser/bidder is required to submit amount of the Earnest Money Deposit (EMD) by way of Demand Draft/PAY ORDER drawn on any nationalized or scheduled Commercial Bank in favor of “Cholamandalam Investment and Finance Company Limited” payable at Kolkata and register their name at https://bankauctions.in/ and get user ID and password free of cost and get training on e-Auction from the service provider.

More Definitions of Earnest Money Deposit (EMD)

Earnest Money Deposit (EMD) means Bid Security/ monetary amount or financial guarantee to be furnished by a bidder along with its bid.

Earnest Money Deposit (EMD) means Security furnished by the Bidder.

Earnest Money Deposit (EMD) means a specified amount to be deposited by each Bidder with Authority in accordance with Clause 2.20.

Earnest Money Deposit (EMD) means the amount to be deposited by the Bidders with the Bid as per clause 1.1 of Section I.

Earnest Money Deposit (EMD) or "Bond" shall mean bid bond, performance bond, and/or payment bond and other instruments of security furnished by the Bidder/Proposer and/or Contractor and its Surety in accordance with this Solicitation Document and/or the Contract Documents.

Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.(vi) “Contract” means the written agreement entered into between the purchaser and/or consignee and the supplier, together with all the documents mentioned therein and including all attachments, annexure etc. therein.

Earnest Money Deposit (EMD) means a specified amount to be deposited by each Bidder with Authority in accordance with Clause 2.19 of this RFP.