L2 definition

L2 means the Bidder who has quoted second lowest price in the Reverse Auction process.
L2 means the Bidder who has quoted second lowest price in the Reverse Auction process and so on and so forth
L2 means ‘Phase 2’, ‘L3’ means ‘Phase 3’, ‘∑Li’ means ‘Aggregate (L1+L2+L3)’.

Examples of L2 in a sentence

  • As soon as possible after the Contract is finalized the Engineer-in-charge and the Contractor shall agree upon a Time and Progress Chart/PERT chart / L2 network before agreement is signed.

  • International Commercial Terms, 2010 (of ICC) "L1, L2 etc" First or second Lowest Offer etc.

  • The earnest money of lowest (L-2) shall be released after submission of performance Bank Guarantee by the successful bidder i.e. L-1.

  • For balance requirement, the L-1 price (landed) shall be counter offered to L-2 Tenderer and after their acceptance L-2 Tenderer shall be booked for their offered capacity.

  • For balance requirement, the L1 price (landed) shall be counter offered to L2 tenderer and after their acceptance L2 tenderer shall be booked for their offered capacity.


More Definitions of L2

L2. (Technical Support) ● Provide and maintain a knowledge base : Documentation, technical training, support training. The knowledge base is available in the Support Page and in the Partner Portal. ● Remotely assist the troubleshooting of complex Product issues raised through the Partner Portal. ● Investigate and use best efforts to resolve escalated issues with the Products or firmware. ● Develop, review, update, and make available to Partner and its customers firmware for the Products in accordance with the Documentation. Technical Support is provided in: English, French, Dutch, German
L2 means the Bidder who has quoted prices with second lowest TCO in the Online Reverse Auction process.
L2. = “[***]” = the sum of (a) the difference of (i) the aggregate number of Prime Die of such Design ID [***] Non-HMC DRAM Products of such Design ID for Micron and its consolidated Affiliates [***] the Measurement Period, minus (ii) the aggregate number of Prime Die of such Design ID [***] Non-HMC DRAM Products of such Design ID for Micron and its consolidated Affiliates [***] the Measurement Period, minus (iii) the aggregate number of Prime Die of such Design ID [***] Non-HMC DRAM Products of such Design ID for Micron and its consolidated Affiliates during the Measurement Period plus (b) [***] during the Measurement Period, plus (c) [***] during the Measurement Period; “L3” = “[***]” = the aggregate number of Prime Die of such Design ID contained in Non-HMC DRAM Products (whether in die, wafer, packaged, module or subsequent form, excluding Prime Die of such Design ID contained on Multi-Chip Products) [***] Non-HMC DRAM Products of such Design ID [***] Non-HMC DRAM Products of such Design ID for Micron and its consolidated Affiliates during the Measurement Period;
L2. C^;::222:';::;:1;::'::':;::C:C:::::=:::'? ;:;;;.;,=.,. Radiation DosesandRegulatLoirmyits , , , ggo;*2,s;";|je";jIIfeb"@bf$'"7#"T"* . , @ i -i ii @ i tUSNRC
L2 credit rating organization’ means a person who or company that issues credit ratings”;
L2 means the Bidder who has quoted prices with second lowest TCO in the Online Reverse Auctionprocess.
L2 means the GPS carrier frequency broadcast at 1227.6 MHz;