Opening Bid definition

Opening Bid is an opening bid price set by the Auctioneer when there is more than one (1) registered Bidder for a Property.
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Opening Bid means the minimum monthly rent for a tenancy of the Premises.
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Opening Bid has the meaning set forth in Section 10.2(c)(i) of the Agreement.
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Examples of Opening Bid in a sentence

  • The Opening Bid will be shown on the Auction Hall Screen and E-Bidder’s Bidding Screen (collectively, “Screen”) as “Opening Bid”.

  • RCF will declare its Opening Bid Price (OBP), which shall be displayed to all tenderers during the start of the Reverse Auction.

  • No. Page No. Book No. Series of Bid Form (Financial Proposal)PRICE SCHEDULE FOR GOODS OFFERED Date of Bid Opening: Bid validity: Name and Signature of Bidder: _ Address: Telephone/Mobile No.: Name of Representative:_ Signature of Representative: 1Bidders are required to include the cost of all taxes, such as, but not limited to: value added tax (VAT), income tax, local taxes, customs duties, freight, insurance, bank charges and other fiscal levies and duties.

  • Unless the Opening bid showed a Strong hand, a 1NT rebid or a raise of a 1-level major suit response to 2 of that major that may contain hands of 16 or more HCP.2. After a Natural Opening Bid, a rebid by Opener that shows a suit that is routinely longer than the suit opened.3. After an Opening No Trump Sequence or a Natural No Trump Direct Overcall and a 2C or 3C bid asking for major suit length, a rebid that shows 5 cards in a major.

  • By an unpassed hand, and after an Opening Bid and an opponent’s double, a Non-Forcing new suit bid at the one level.3. After a Natural 1-level Opening Bid, a single raise that is Forcing.4. After a Natural 1-level Opening suit bid and an opponent’s pass, a double raise that does not show Invitational values.5. After a Preempt, a Natural response in a new suit that is below game and not Forcing or a 2NT response that is not Forcing.

  • To determine whether an Opening Bid Credit is offered and to qualify, the Bidder offering the highest final bid at auction must have submitted an Opening Bid Credit form prior to the start of auction as set forth in the Terms and as described on the specific webpage related to the sale of the subject Yacht.All Auction bidding is open to the public without regard to race, color, sex, religion, familial status, disability or national origin.

  • Tennessee’s Opening Bid for a Medicaid Block Grant.” NEJM Perspective (October 2019).

  • While submitting their offer to BHEL, the bidders shall confirm in writing to BHEL that their Opening Bid will be the same as that quoted in their final sealed Price Bid (hard copy) submitted to BHEL, against the Tender Enquiry (Format No-RA5).

  • Advertisements concerning "€50 Opening Bid" Vehicles and vehicles of a size equal to or in excess of L1H1 do not include a camera pictogram indicating the availability of a Photo Pack, because of technical constraints.

  • Brad Bennett stated that the Opening Bid for this project would be on May 17, 2017.

Related to Opening Bid

  • 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;

  • 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.

  • Bid Opening Date means the date the Bid is opened by the City.

  • Opening Date means the day on which we first authorize the opening of the facilities, Guest Rooms or services of the Hotel to the general public under the Brand.

  • Value Date means a reference time used by a payment service provider for the calculation of interest on the funds debited from or credited to a payment account;

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

  • VWAP means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported in the “Pink Sheets” published by OTC Markets Group, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the Purchasers of a majority in interest of the Securities then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company.

  • Bid Price means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the bid price of the Common Stock for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on The Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Securities then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company.

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.