EMD definition

EMD means Earnest Money Deposit.
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EMD means the amount submitted by a Bidder to OMC for participating in the Bidding Process, in terms of Clause 8.7;
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EMD means the amount submitted by a Bidder to Sports and Youth Services Department, Government of Odisha for participating in the Bidding Process, in terms of the below clause.
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Examples of EMD in a sentence

  • Withdrawal of bid after the due date of submission is not permissible, EMD of such defaulting bidder shall be forfeited.

  • In such an event, the Employer shall, without prejudice to its any other rights or remedies, forfeit the EMD or Performance Security or Counter Security, towards damages payable to the Employer for, inter alias, time, cost and effort of the Employer, in regard to the tender, including consideration and evaluation of such Bidder’s Proposal.

  • The bidder shall be required to submit the Xxxxxxx Money Deposit (EMD) for an amount of Rs. 1,00,000/- (Rupees One Lakh Only) by way of demand drafts or Bank Guarantee only.

  • The EMD of all unsuccessful bidders would be refunded within 30 days of finalization of the selection process (bidder selection).

  • In case of a JV / Consortium, the Lead Member shall furnish the EMD.


More Definitions of EMD

EMD means Earnest Money Deposit, without interest.
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EMD means Earnest Money Deposit being the amount to be deposited by the bidder to NIC in the form of BG/Demand Draft along with the bid.
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EMD means Earnest Money Deposit required by the E-Auction Process Participant to deposit with the Liquidator as the security before being eligible to bid for the assets of the company in E-Auction. EMD shall be deposited in accordance with the terms set out in this E- Auction Process Information Document in compliance with IBC and other applicable laws.
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EMD means Earnest Money Deposit which is required to be Paid as per the prevailing terms and conditions of RFP.
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EMD means Earnest Money Deposit. The Owner takes this amount to check the earnestness/seriousness of the tenderers in case they are selected as winners.
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EMD means the form and manner stipulated in the RFP.
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EMD means Earnest Money Deposit required to be deposited by the Prospective Bidders in terms of this E-Auction Process Information Document with the Liquidator as security for being eligible to participate and bid for the sale of the Stand-alone Block(s) of assets of the Corporate Debtor by E-Auction.
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