Proxy Bid definition

Proxy Bid means a bid submitted by an employee of Hilco on a Buyer’s behalf and with the Buyer’s authority in circumstances where a Buyer is unable to participate in an Auction;

Proxy Bid means and include the bid placed by SAMIL on behalf of the User upon any authorization from the User by accepting a separate terms and conditions of such proxy bids to increase the bid up to the maximum bid amount as quoted by the User during the disposal Event of assets by the payment of a refundable security deposit amount.

Proxy Bid means a bid submitted by an employee of Hilco on a Buyer’s behalf and with the Buyer’s

Examples of Proxy Bid in a sentence

• The CAISO will generate a Proxy Bid or extend an Energy Bid or Self-Schedule to cover any RUC Award or Day-Ahead Schedule in the absence of any Self-Schedule or Economic Bid components, or to fill in any gaps between any Self-Schedule Bid and any Economic Bid components to cover a RUC Award or Day-Ahead Schedule.

• Accordingly, the Preferred Runway Procedures can only operate where aircraft movement volumes allow (paragraph 3.40 of theS.106 Agreements).

• For Condition 2 RMR Units and for Condition 1 RMR Units that either did not submit DAM Bids or submitted DAM Bids but were not dispatched in the CCR, the CAISO will use the RMR Proxy Bid in the ACR to determine the Energy required from RMR Units for each Trading Hour.

• I/We understand that submission of the Proxy Bid Form is binding and cannot be changed without written agreement from all parties.

• For a Condition 1 RMR Unit that is dispatched in the CCR, the Bid used in the ACR for the entire portion of the unit’s Energy Bid Curve above the CCR dispatch level and below the Maximum Net Dependable Capacity specified in the RMR Contract will be set to the lower of the RMR Proxy Bid, or the DAM Bid, but not lower than the unit’s highest Bid price that cleared the CCR.

• If a Condition 1 RMR Unit is dispatched in the CCR and receives a greater dispatch in the ACR, the entire portion of the unit’s Energy Bid Curve above the CCR dispatch level and below the Maximum Net Dependable Capacity specified in the RMR Contract, will be set to the lower of the RMR Proxy Bid or the DAM Bid, but not lower than the unit’s highest Bid price that cleared the CCR for purposes of being considered in the IFM.

• For a Condition 1 Unit that is dispatched in the CCR, the Bid used in the ACR for the entire portion of the unit’s Bid above the CCR dispatch level and below the Maximum Net Dependable Capacity specified in the RMR Contract will be set to the lower of the RMR Proxy Bid, or the DAM Bid, but not lower than the unit’s highest Bid price that cleared the CCR.

• To the extent that the non-competitive Congestion component of an LMP calculated in the MPM process is greater than zero (0), and that MPM process dispatches a Condition 1 RMR Unit at a level such that some portion of its market Bid exceeds the Competitive LMP at the RMR Unit’s Location, those Bid prices above the Competitive LMP will be set to the higher of the RMR Proxy Bid or the Competitive LMP.

• The LOC must make available catering services at the competition venue for the IPC Family in a designated lounge.

• If a Condition 1 Unit is dispatched in the CCR and receives a greater dispatch in the ACR, the entire portion of the unit’s Bid curve above the CCR dispatch level and below the Maximum Net Dependable Capacity specified in the RMR Contract, will be set to the lower of the RMR Proxy Bid or the DAM Bid, but not lower than the unit’s highest Bid price that cleared the CCR for purposes of being considered in the IFM.

More Definitions of Proxy Bid

Proxy Bid means a bid submitted by an employee of HILCO on a Buyer's behalf and with the Buyer's authority in circumstances where a Buyer is unable to participate in an Auction;