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;
Sample 1Sample 2Sample 3
Proxy Bid means and include the bid placed by AVIS 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 upto the maximum bid amount as quoted by the User during the disposal Event of assets by the payment of a refundable security deposit amount.
Sample 1
Proxy Bid means a bid submitted by an employee of Hilco on a Buyer’s behalf and with the Buyer’s
Sample 1

Examples of Proxy Bid in a sentence

  • 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.

  • During the course of bidding, the Bidder cannot delete or change the amount of a Proxy Bid.

  • 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.

  • 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 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.

  • For both Condition 1 and Condition 2 Legacy RMR Units, when mitigation is triggered, a RMR Proxy Bid is calculated using the same methodology described above for non-RMR Units.

  • 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.

  • 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.

  • 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.

  • If the non-competitive constraint congestion component is greater than zero its bid will be mitigated to the higher of the DEB, or RMR Proxy Bid, as applicable, and its competitive LMP if it is lower than the unmitigated bid.


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;
Sample 1

Related to Proxy Bid

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • Proxy Statement has the meaning set forth in Section 6.03(a).

  • Shareholders Meeting has the meaning provided in Section 6.3.

  • Pre-bid Meeting means Pre-bid meeting to be held as per the schedule indicated in the Schedule for the Tender hereof;

  • Stockholders Meeting shall have the meaning set forth in Section 6.2(c).

  • Company Stockholders Meeting has the meaning set forth in Section 6.2(a).

  • Shareholder Meeting means an annual general meeting of shareholders or special meeting of shareholders of the Company called for the purpose of electing directors to the board of directors of the Company.

  • Parent Stockholders Meeting has the meaning set forth in Section 6.2(b).

  • Holders’ Meeting means a meeting among the Holders held in accordance with Clause 17 (Holders’ Meeting).

  • Stockholder Meeting means each annual or special meeting of stockholders of the Company, or any action by written consent of the Company’s stockholders in lieu thereof, and any adjournment, postponement, rescheduling, continuation or meeting held in lieu thereof;

  • Proxy Form means the proxy form attached to the Notice;

  • Company Stockholder Meeting means the meeting of the holders of shares of Company Common Stock for the purpose of seeking the Company Stockholder Approval, including any postponement or adjournment thereof.

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Bondholders’ Meeting means a meeting among the Bondholders held in accordance with Clause 17 (Bondholders’ Meeting).

  • Company Shareholders Meeting shall have the meaning set forth in Section 5.2(b).

  • Takeover Proposal means any offer or proposal for, or any indication of interest in, a merger or other business combination involving Target or the acquisition of any significant equity interest in, or a significant portion of the assets of, Target, other than the transactions contemplated by this Agreement.

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

  • Company Meeting means the special meeting of Company Shareholders, including any adjournment or postponement of such special meeting in accordance with the terms of the Arrangement Agreement, to be called and held in accordance with the Interim Order to consider the Arrangement Resolution.

  • Company Takeover Proposal means (i) any proposal or offer for a merger, consolidation, dissolution, recapitalization or other business combination involving the Company, (ii) any proposal for the issuance by the Company of over 30% of its equity securities as consideration for the assets or securities of another person or (iii) any proposal or offer to acquire in any manner, directly or indirectly, over 30% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

  • Takeover Bid means a "take-over bid" as defined in the ASA pursuant to which the "offeror" would as a result of such takeover bid, if successful, beneficially own, directly or indirectly, in excess of 50% of the Outstanding Securities;

  • Company Shareholder Meeting means a duly convened meeting of the Company’s shareholders called to obtain the Company Shareholder Approval, or any valid adjournment or postponement thereof made in accordance with this Agreement.

  • Court Meeting means the meeting(s) of the Scheme Shareholders to be convened by order of the Court pursuant to section 896 of the Companies Act, notice of which will be set out in the Scheme Document, for the purpose of approving the Scheme, including any adjournment thereof;

  • Company Board Recommendation has the meaning set forth in Section 3.03(d).

  • Noteholders’ Meeting means a meeting among the Noteholders held in accordance with Clause 16 (Noteholders’ Meeting).

  • hybrid meeting means a general meeting convened for the (i) physical attendance by shareholders and/or proxies at the Principal Meeting Place and where applicable, one or more Meeting Locations and (ii) virtual attendance and participation by shareholders and/or proxies by means of electronic facilities;

  • relevant meeting means a meeting of the authority to consider whether or not to approve a proposal to dismiss a relevant officer; and