Existing Bid definition

Existing Bid means the existing unsolicited take-over bid for the outstanding IPL Common Shares made by Brookfield pursuant to Brookfield's offer to purchase and take-over bid circular dated February 22, 2021 (as such bid may be extended, changed or varied, other than to change the amount or form of consideration offered pursuant thereto (and, for clarity, if such bid is changed or varied to change or vary the amount or form of consideration offered pursuant thereto, such bid shall not constitute the "Existing Bid"));
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Existing Bid means the existing unsolicited take-over bid for the outstanding Trinidad Shares made by Ensign pursuant to Ensign's offer to purchase and take-over bid circular dated August 30, 2018 (without giving effect to any changes, amendments, modification or variations thereto after the date hereof);
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Existing Bid means the existing unsolicited take-over bid for the outstanding IPL Common Shares made by Brookfield pursuant to Brookfield’s offer to purchase and take-over bid circular dated February 22, 2021 (as such bid may be extended, changed or varied, other than to change the amount or form of consideration offered pursuant thereto (and, for clarity, if such bid is changed or varied to change or vary the amount or form of consideration offered pursuant thereto, such bid shall not constitute the “Existing Bid”));
Sample 1

Examples of Existing Bid in a sentence

  • The parties agree that the Existing Bid Rate Loans shall be deemed to be Bid Rate Loans made hereunder.

  • Each Existing Bid Loan shall continue with the same terms (including, without limitation, the type of loan, principal amount and interest rate) as was applicable to such Existing Bid Loan immediately prior to the Closing Date.

  • In the event that Seller receives an order during the Transition Period relating to an Existing Bid, Seller shall be permitted to accept and fulfill such related order, provided that (a) Seller can reasonably fulfill the order during the Transition Period and (b) Seller first offers Buyer a ten (10) day option to assume and fulfill the order at Seller’s quoted price.

  • Each of the parties hereto acknowledges and agrees that the Existing Loans and Existing Bid Auction Advances outstanding on the Effective Date (immediately prior to the effectiveness of this Agreement) under the Existing Credit Agreement shall remain outstanding and shall continue as Loans and Bid Auction Advances, as the case may be, for all purposes under this Agreement and the other Credit Documents.

  • Each Existing Bid Loan shall be deemed to have been made pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof until the last day of the Interest Period applicable thereto.

  • Questions on Item E., 1., Purchases Requiring Board Approval – Option to Extend Existing Bid – Reconditioning and Recertification of Helmets Bid #126-02 (approx.$42,000.00) Dr. O'Donnell requested that vendor addresses be included in the background information provided for the purchase items.

  • Company and Lenders agree that any Existing Bid Rate Loans shall for all purposes of this Agreement be deemed to have been made as Bid Rate Loans under and pursuant to the terms of this Agreement.

  • Questions on Item G., 1., Purchase Requiring Board Approval – Additional Expenditure Request on Existing Bid – Calculator Bid #29-04 Miss Garcia inquired about the status of calculators that were ordered in the past and the selection of items ordered on an all-or-none basis.

  • Subject to the filing of a notice of variation under applicable Canadian securities laws in respect of the proposed increase to the consideration offered under the Existing Bid announced by Brookfield on June 2, 2021, in the event that the Existing Bid, as varied by such notice of variation and as may be further changed or varied from time to time thereafter, is completed, the $350 million termination fee will be payable by IPL to Pembina.

  • Washington state examined youth involved with DSHS services (including foster care) and found that an increase in the number of school moves was not only correlated with greater risk of homelessness, it was also associated with more use of social services for such basic needs as food, cash, and medical assistance and greater risk for, mental health problems, substance abuse, arrests, and involvement with the juvenile justice system.

Related to Existing Bid

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

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

  • 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.

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

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

  • 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;

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

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

  • 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.

  • Applicable Market Value has the meaning specified in Section 5.1.

  • 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.

  • Competitive Bid Margin means the margin above or below the applicable Eurodollar Base Rate offered for a Eurodollar Bid Rate Loan, expressed as a percentage (rounded to the nearest 1/100 of 1%) to be added or subtracted from such Eurodollar Base Rate.

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

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

  • Discounted Market Price of Shares means, if the Shares are listed only on the TSX Venture Exchange, the Market Price less the maximum discount permitted under the TSX Policy applicable to Options.

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • 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.

  • Designated Eurodollar Market means, with respect to any Eurodollar Rate Advance, the London Eurodollar Market.

  • Competitive Local Exchange Carrier (CLEC)” means a telephone company certificated by the Commission to provide local Exchange Service within AT&T-21STATE’s franchised area.

  • Bid Valuation Date means April 30, 2010.

  • Ordinary Rate means the hourly rate of pay for the ordinary hours of work as listed in Appendix B. Ordinary Time Earnings for all purposes in this agreement has the same definition as defined by Superannuation Guarantee Ruling 2009/2. Without limiting the fullness of this definition, in summary and in the context of this agreement, this includes:

  • LIBOR Replacement Date has the meaning specified in Section 3.03(c).

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

  • Competitive Local Exchange Carrier (CLEC) means a telephone company certificated by the Commission to provide local Exchange Service within AT&T-21STATE’s franchised area.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Permitted Bid means a Take-over Bid made by an Offeror by way of take-over bid circular which also complies with the following additional provisions: (i) the Take-over Bid is made to all holders of Voting Shares as registered on the books of the Corporation, other than the Offeror; (ii) the Take-over Bid contains, and the take-up and payment for securities tendered or deposited is subject to, an irrevocable and unqualified provision that no Voting Shares will be taken up or paid for pursuant to the Take-over Bid: (A) prior to the close of business on the date which is not less than 105 days following the date of the Take-over Bid or such shorter minimum period that a take-over bid that is not exempt from any of the requirements of Division 5 Bid Mechanics of NI 62-104 must remain open for deposits of securities, in the applicable circumstances at such time, pursuant to NI 62-104 and (B) only if, at the close of business on the date the Voting Shares are first taken up or paid for under such Take-over Bid, more than 50% of the Voting Shares held by Independent Shareholders shall have been deposited or tendered pursuant to the Take-over Bid and not withdrawn; (iii) unless the Take-over Bid is withdrawn, the Take-over Bid contains an irrevocable and unqualified provision that Voting Shares may be deposited pursuant to such Take-over Bid at any time during the period of time described in Paragraph (A) and that any Voting Shares deposited pursuant to the Take-over Bid may be withdrawn until taken up and paid for; and (iv) unless the Take-over Bid is withdrawn, the Take-over Bid contains an irrevocable and unqualified provision that in the event that the deposit condition set forth in Paragraph (B) is satisfied the Offeror will make a public announcement of that fact and the Take-over Bid will remain open for deposits and tenders of Voting Shares for not less than 10 days from the date of such public announcement;