Provisional Winning Bidder definition

Provisional Winning Bidder means any of the Highest Bidder, the Second Highest Bidder or the Third Highest Bidder that has been notified by the Agency that it is the Provisional Winning Bidder and that is entitled to complete the purchase of the Subsidiary at the Highest Bid Price.
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Provisional Winning Bidder means any of the highest bidders, the second highest bidder, the third highest bidder notified by the Agency in writing of being declared the Provisional Winning Bidder
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Examples of Provisional Winning Bidder in a sentence

  • Notwithstanding article 10.5 of UNMIK Regulation No. 2002/13 on establishment of the Special Chamber of Supreme Court of Kosovo or other provisions of the applicable law, should it be determined that (a) the funds used by a Provisional Winning Bidder to purchase the new subject derived directly or indirectly from illegal activity; or (b) the Buyer was involved in collusion during the Tender or any other violation of the Rules of Tender, then the Share Sale Agreement shall be annuled by the Agency.

  • There shall be one round of bidding during the Tender and these Rules of Tender set out the procedures governing the Tender, including the manner in which a Potential Bidder can be registered as an Eligible Bidder, the information and documentation to be included with a Bid, the identification of the Highest Bid Price and the manner of progressing the sale of the Subsidiary with a Provisional Winning Bidder.

  • In such a case the Agency will not be required to progress the sale of the Subsidiary with the Provisional Winning Bidder and the Agency will cease the negotiation of the Share Sale Agreement with the Provisional Winning Bidder.

  • Additionally, the Provisional Winning Bidder will forfeit its Bid Deposit and the Agency shall then be entitled to contact the next Eligible Bidder entitled to be notified that it is the Provisional Winning Bidder, in writing, to enquire if that Eligible Bidder wishes tocomplete the purchase of the Subsidiary at the Highest Bid Price.

  • Additionally, the Provisional Winning Bidder will forfeit its Bid Deposit and the Agency shall then be entitled to contact the next Eligible Bidder entitled to be notified that it is the Provisional Winning Bidder, in writing, to enquire if that Eligible Bidder wishes to complete the purchase of the Subsidiary at the Highest Bid Price.

  • Additionally, the Provisional Winning Bidder will forfeit its Bid Deposit and the Agencyshall then be entitled to contact the next Eligible Bidder entitled to be notified that it is the Provisional Winning Bidder, in writing, to enquire if that Eligible Bidder wishes to complete the purchase of the Subsidiary at the Highest Bid Price.

  • The Number of Blocks available would depend on the availability of the same in a particular Service Area which could be governed by the following parameters: Sufficing to the total EMD deposited by the respective Bidder. Availability of sufficient balance Eligibility Points. Availability of blocks depending on whether the Bidder is a Provisional Winning Bidder for All / Some of the permitted Blocks which the bidder can bid for in that particular Service Area.

  • While Bidder B, who is a Provisional Winning Bidder at the start of Round 20 for Service Areas of Orissa, Gujarat & Assam (i.e. 3 Service Areas), and if submits the bid for Service Areas of Bihar, Karnataka & Kerala (i.e. 3 Service Areas) will have a count of 6.

  • Agency’s approval does not constitute a contractual relationship between the Agency and Provisional Winning Bidder, and therefore, the Agency shall not be held responsible for any costs or liabilities with regard to this matter.

  • A Member following these practices, complying with the aforementioned rules, and fulfilling contractual obligations, is thereforeunlikely to be found to have acted without reasonable competence.

Related to Provisional Winning Bidder

  • Winning Bidder With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

  • Winning Bid Rate has the meaning specified in Section 11.10(d)(i) below.

  • Highest Bidder means the Bidder, who quotes the highest License Fees

  • 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.

  • Selected Bidder or “Successful Bidder” shall mean the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of standard PPA.

  • Building level or district level leader means an individual employed by the District whose job assignment is that of a building level or district level administrator or an equivalent role, including an administrator licensed by the State Board of Education, an unlicensed administrator, or an individual on an Administrator Licensure Completion Plan. Building level or district level leader does not include the superintendent, deputy superintendents, associate superintendents, and assistant superintendents.

  • Supplier/ Successful or Selected bidder means the person, private or government entity, or a combination of the above, whose Bid to perform the Contract has been accepted by the Purchaser and is named as such in the Agreement, and includes the legal successors or permitted assigns of the successful/ selected bidder.

  • 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.

  • Bidder/Bidding Company means Bidding Company submitting the Bid. Any reference to the Bidder includes Bidding Company/ including its successors, executors and permitted assigns as the context may require”.

  • Qualified Bidder As defined in Section 7.01(c).

  • Technically Qualified Bidder means a Bidder whose Techno-Commercial Bid is responsive and meets the requirements to the satisfaction of OMC as per terms and condition of the Bid document and is qualified for opening of its Price Bid;

  • 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 Xxxxx'x 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.

  • 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;

  • Sufficient Clearing Bids has the meaning specified in Section 11.10(d)(i) below.

  • Qualified Bidder(s means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.

  • BC Bid Website means www.bcbid.gov.bc.ca;

  • Successful Bidder” or “Successful E-Auction Process Participant means, the Qualified Bidder whose bid is approved and who is declared successful by the Liquidator at the end of the determined auction phase.C. INTRODUCTION

  • Secondary protective barrier means a barrier sufficient to attenuate the stray radiation to the required degree.

  • Successful Bidder As defined in Section 7.01(c).

  • Technical Bid means the bid submitted online through the electronic bidding platform, containing the documents as listed out in Clause 2.5.2 of this RFP;

  • Federal poverty level means the poverty level as defined by the most recently revised poverty income guidelines published by the United States Department of Health and Human Services in the Federal Register.

  • Public transit district means a public transit district organized under Title 17B, Chapter 2a, Part 8, Public Transit District Act.

  • Successful Bidder(s) means the bidder(s) to whom work in this tender is awarded.

  • Bidder means the legal entity which submits a Bid for consideration by City in accordance with the Invitation For Bid.

  • District Level Anti-Ragging Committee means the Committee, headed by the District Magistrate, constituted by the State Government, for the control and elimination of ragging in institutions within the jurisdiction of the district.

  • Bloomberg Screen SOFRRATE Page means the Bloomberg screen designated “SOFRRATE” or any successor page or service;