Qualified Bidder As defined in Section 7.01(c).
Qualified Bidder(s) means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.
Designated Bidder means (a) an Eligible Assignee or (b) a special purpose corporation that is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and that issues (or the parent of which issues) commercial paper rated at least "Prime-1" (or the then equivalent grade) by ▇▇▇▇▇'▇ or "A-1" (or the then equivalent grade) by S&P that, in the case of either clause (a) or (b), (i) is organized under the laws of the United States or any State thereof, (ii) shall have become a party hereto pursuant to Section 8.07(d), (e) and (f) and (iii) is not otherwise a Lender.
Selected Bidder means the bidder who has been selected by DMRC, pursuant to the bidding process for award of license.
Selected Bidder or Successful Bidder means the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of PPA.