Open Sale definition

Open Sale means the sale by which the Seller may accept any of the offers above the price fixed at its discretion and according to its own selling criteria and refuse to sell the Equipment if the offers to purchase he receives are below the Start Price. The best offer received at the end of the sale period greater than or equal to the Start Price automatically wins the sale.
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Open Sale means an In‐Lane or Online sale hosted by ADESA at which all Buyers are permitted to bid on and buy Vehicles. Closed Sales may be subject to different Arbitration rules which are set by the Vehicle Seller (the “Closed Sale Rules”). The Closed Sale Rules apply only to the Buyers designated by the Seller as eligible to bid on and buy Vehicles in the Closed Sale (the “Closed Buyers”) and the Seller is responsible for communicating those rules to the Closed Buyers. For Vehicles first listed in an Online Closed Sale (also known as a “Private Label” sale) and then moved to an Online Open Sale (i.e. the restriction on permitted Buyers is lifted), then: (a) these Arbitration Rules (and not the Closed Sale rules) will apply to Vehicles sold in the Open Sale to Buyers who are not Closed Buyers; and (b) the Closed Sale rules will apply to Closed Buyers regardless of whether they bought the Vehicle in a Closed Sale or Open Sale.
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Examples of Open Sale in a sentence

  • Open Sale counters or emporia at important hats and markets for sale of the produce of the members or the processed products of the members and/or of this Corporation and the Consumer goods.

  • This apart, additional allocation of foodgrains made for APL / BPL families and Open Sale during the current year to provide additional subsidised foodgrains to these categories has also resulted in increase in food subsidy requirement.

  • The Service Provider shall, during the tenure of the contract, maintain a dedicated help desk by way of a Toll Free Number and also provide support through e-mail to the buyers / FCI free of cost, whether or not such parties are empanelled for the Open Sale.

  • The service provider(s) shall, during the tenure of the contract, maintain a dedicated help desk by way of a Toll free Number and also provide support through e-mail to the prospective purchasers / FCI free of cost, whether or not such parties are registered / empanelled for the Open Sale.

  • The ENT development and operations team may from time to time receive inquiries, notices, warranties, orders or rulings from one or more of the administrations, and may even be ordered to suspend or terminate any information regarding this Open Sale Program, ENT Development or ENT Cash token action.

  • The offer to purchase constitutes conclusion of the contract whatever the type of sale to which the Buyer accesses the Site: Auction, Immediate Sale and/or Open Sale.

  • In addition, 227,000,000 shares of Heilongjiang Interchina Water Treatment Company Limited held by the Group with carrying amounts of approximately HK$719,289,000 (31 March 2020: approximately HK$577,589,000) were also pledged to lender(s) to secure loan facilities granted to the Group.

  • Open Sale of Social Sciences Journal Prohibited,¦ Lien Ho Pao (Hong Kong), December 7, 1995, in FBIS, December7, 1995.

  • A plain perusal of the notice for Open Sale of wheat authenticates that though the price for the commodity mentioned had been fixed, it was subject to the rider that the price applicable on the date of issue/lifting/delivery would be payable.

  • The balance amount of un-lifted materials (beyond -10%) shall be forfeited without furtherreference.11NFL reserves the right to withdraw the Open Sale, at any time, without assigning any reason, whatsoever.12Tenderer shall comply with all the statutory provisions as applicable13Payment Terms: Delivery shall be given against full payment (i.e. party intended to be lifted +10%) in advance through RTGS/ EFT in favour of NFL, Bathinda, payable at Bathinda.

Related to Open Sale

  • Sale Transaction has the meaning set forth in Section 3(a).

  • First Tier Covered Transactions refers to any covered transaction between a grantee or subgrantee of Federal funds and a participant (such as the prime or general contract). “Lower Tier Covered Transactions” refers to any covered transaction under a First Tier Covered Transaction (such as subcontracts). “First Tier Participant” refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).