Qualifying Bidder definition

Qualifying Bidder means a bidder determined as a qualifying bidder in accordance with regulation 15(1);

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Qualifying Bidder means a Bidder or Bidder Group invited to make a QTT Submission or an ITT Submission;

Qualifying Bidder means an entity invited to submit a Bid to Ofgem in response to the ITT Document;

Examples of Qualifying Bidder in a sentence

• The Debtors, after consultation with the Term Loan Lenders and the statutory committee of unsecured creditors (the "COMMITTEE"), will: (A) determine whether any Person is a Qualifying Bidder (as defined below); (B) determine whether a Qualifying Bidder has made a Qualified Bid (as defined below); and (C) negotiate any offer set forth in a Qualified Bid (collectively, the "BIDDING PROCESS").

• Within two (2) Business Days after the conclusion of the Auction, the Qualifying Bidder submitting the Successful Bid (the "SUCCESSFUL BIDDER") must supplement its Good Faith Deposit such that its Good Faith Deposit equals 10% of the cash portion of the Successful Bid; PROVIDED, HOWEVER, that if the Term Loan Lenders (or their designee) are the Successful Bidder, no deposit shall be required.

• A bid or offer received from a Qualifying Bidder will constitute a "Qualified Bid" only if such bid or offer includes all of the Qualified Bid Documents (as defined below), meets all of the Qualified Bid Requirements (as defined below), and is accompanied by the Good Faith Deposit (as defined below).

• In connection with the Auction, the Debtors will provide each Qualifying Bidder that submitted a Qualified Bid with a summary of the material terms of each Qualified Bid no later than 4:00 p.m. (prevailing Eastern time) on _____, 2009.

• After expiration of such 15-day period and in the event that ▇▇▇▇▇▇▇ has not accepted the Qualified Overbid of the Qualified Bidder, ▇▇▇▇▇▇▇ shall return or cause to be returned each Deposit to its respective Qualifying Bidder.

More Definitions of Qualifying Bidder

Qualifying Bidder means a person or consortium of persons invited to submit a Bid to Ofgem in response to the ITT Document;

Qualifying Bidder is a Potential Bidder that satisfies the Participation Requirements, and which the Debtors, in their business judgment and after consultation with the Term Loan Lenders and the Committee, determine is financially able to consummate the purchase of the Lenox Assets in a timely manner. Within two (2) Business Days after receipt from the Potential Bidder of the materials required in connection with the Participation Requirements, the Debtors shall notify the Potential Bidder whether such Potential Bidder is a Qualifying Bidder. Each Qualifying Bidder shall be permitted to conduct reasonable due diligence with respect to the Lenox Assets during the period prior to the Auction.

Qualifying Bidder means a bidder or consortium of bidders invited to submit a Qualification to Tender Submission or an Invitation to Tender Submission.

Qualifying Bidder has the meaning ascribed to it in Section 7.2(c)(i).

Qualifying Bidder has the meaning set forth in Section 10(a)(i);

Qualifying Bidder has the meaning given to it in the Bidding Procedures.

Qualifying Bidder has the meaning set forth in Section 3.8.1.