Highest Bidder definition

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

Highest Bidder means the Eligible Bidder who submits the Highest Bid Price for the Subsidiary.

Highest Bidder means the Qualified ·Bidder who is the Highest Bidder at the Auction.

Examples of Highest Bidder in a sentence

• In case full quantity is not offered to be taken by the Highest Bidder, parallel contracts would be placed.

• For example, if the third and fifth highest Bidders in the first round of bidding offer to match the said Highest Bidder in the second round of bidding, the said third highest Bidder shall be the Selected Bidder.

• If in the second round of bidding, only one Bidder matches the Highest Bidder, it shall be the Selected Bidder.

• If two or more Bidders match the said Highest Bidder in the second round of bidding, then the Bidder whose Bid was higher as compared to other Bidder(s) in the first round of bidding shall be the Selected Bidder.

• If in the second round of bidding, only one Bidder matches the Highest Bidder, it shall be the Successful Bidder.

More Definitions of Highest Bidder

Highest Bidder means the qualified bidder whose bid is the highest in the e- auction bidding conducted by the Liquidator and who is as such declared as the highest bidder by the Liquidator.

Highest Bidder means the eligible Bidder who is offering the highest Premium to Authority;

Highest Bidder means the bidder who is offering the highest quoted revenue share/License fee or both, as applicable.

Highest Bidder means the Eligible Bidder who during the tendering process of the subsidiary or tendered items, submits the Highest Bid Price.

Highest Bidder means an individual who offers the highest price to purchase an item.

Highest Bidder means the Eligible Bidder who has offered the highest bid in the E-Auction Process in accordance with the Process Memorandum.

Highest Bidder means the Qualified Bidder who has quoted the highest Quoted Guarantee per Passenger (QG per PAX) in the Bid Process. Such Quoted Guarantee per Passenger would be treated as Quoted Guarantee per Domestic Passenger. Two times of Quoted Guarantee per Domestic Passenger would be treated as Quoted Guarantee per International Passenger.