Potential Bidder definition
Examples of Potential Bidder in a sentence
At the same time that the Seller notifies the Potential Bidder that it is a Qualified Bidder, the Seller shall allow the Qualified Bidder to begin to conduct due diligence with respect to the Acquired Assets and the Business as provided in subsection (b) below.
As promptly as practicable after a Potential Bidder delivers all of the materials required by subparagraphs (i), (ii) and (iii) above, the Seller shall determine, and shall notify the Potential Bidder in writing, whether the Potential Bidder is a Qualified Bidder.
The Debtors will provide copies of or access to any materials delivered by any Potential Bidder to each Consultation Party, regardless of whether received prior or subsequent to the date of the Court’s entry of these Bidding Procedures, as promptly as practicable upon receipt by the Debtors and/or their advisors of such materials.
The undersigned Potential Bidder acknowledges that the Trustee is not making any representation or warranty, express or implied (including any warranty of merchantability and/or fitness for a particular purpose), as to the accuracy or completeness of the Confidential Information.
If the Potential Bidder is a newly formed acquisition vehicle, the Bid must include evidence (in the form of binding commitment letters, guarantees or otherwise) that the Potential Bidder is able to fulfill all other obligations in connection with the contemplated transactions including, but not limited to, paying liquidated damages, if any.