Rated Bidder definition

Rated Bidder has the meaning specified in Section 11.2 of the Mortgage Loan Purchase and Servicing Agreement.
Sample 1
Rated Bidder means a Person with a “P-1” rating from Xxxxx’x, which, pursuant to the Rated Bidder Letter, shall be obligated to make a bid on non-Delinquent Loans and non-Defaulted Loans in any Termination Event Auction, Principal Paydown Auction, or Junior Loan Exposure Trigger Event Auction.
Sample 1Sample 2
Rated Bidder has the meaning set forth in the Mortgage Loan Purchase and Servicing Agreement.
Sample 1

Examples of Rated Bidder in a sentence

  • At least one of the bidders in such auction shall be a Rated Bidder.

  • The Collateral Agent shall notify potential bidders (which shall include each Swap Counterparty) of the Principal Paydown Auction, including the Rated Bidder, who will be obligated to make a bid in any such auction.

  • The Collateral Agent shall notify, with two (2) Business Days’ prior notice, potential bidders, including the Rated Bidder and at least three (3) Qualified Bidders, of the Junior Loan Exposure Trigger Event Auction.

  • The Issuer, the Servicer, the Collateral Agent and Deutsche Bank AG, New York Branch, shall have executed and delivered the Rated Bidder Letter, which shall be in full force and effect, and the Collateral Agent shall have received a fully executed counterpart thereof.

  • The Rated Bidder shall make bids on Mortgage Loans as required pursuant to the Rated Bidder Letter.


More Definitions of Rated Bidder

Rated Bidder. Shall have the meaning set forth in Section 11.3. Rating Agency: S&P, Mxxxx’x and Fxxxx.
Sample 1
Rated Bidder. Shall have the meaning set forth in SECTION 11.3. RATING AGENCY: S&P, Moody's and Fitch. RATING AGENCY CONFIRMATION: A writtex xxxxxrmatixx xxom each Rating Agency that the proposed action will not cause the reduction or withdrawal of their respective then current ratings on any outstanding Series of Certificates, any outstanding Series of Notes or any outstanding Commercial Paper. RECONCILIATION DATE: The first and fifteenth day of each calendar month (or, if such day is not a Business Day, the next following Business Day).
Sample 1
Rated Bidder. The meaning assigned to such term in Section 11.2 hereof.
Sample 1

Related to Rated Bidder

  • 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.

  • 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.

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

  • Lowest Evaluated Bid means a bid for goods, works and services having the lowest evaluated cost among the substantially responsive bids

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

  • Evaluated Bid means a Bid that factors each Respondent’s Base Bid including any alternates, deductive and additives selected by the City that will result in a weighed reduction based on that Respondent’s percentage of SBE participation, as defined by formula set forth in this chapter or in the SBE Regulations adopted pursuant to this chapter.

  • 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.

  • Interested Bidder means any person or persons who have submitted the Request Letter for Participation along with signed Bid Form, notarized affidavit, signed Declaration, requisite Earnest Money and other necessary documents to complete the eligibility check formalities to the satisfaction of the Liquidator.

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

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

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

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

  • Tenderer/Bidder means any persons, partnership firm or company submitting a sum or sums in the Bills of Quantities in accordance with the Instructions to Tenderers, Conditions of Contract Parts I and II, Specifications, Drawings and Bills of Quantities for the work contemplated, acting directly or through a legally appointed representative.

  • Permitted Bid means a Take-over Bid made by an Offeror by way of take-over bid circular which also complies with the following additional provisions:

  • Preferred Bidder means a bidder that is entitled to receive a reciprocal preference under the requirements of this chapter.

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

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

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

  • Eligible bidder means a person who is:

  • Competing Permitted Bid means a Take-over Bid that:

  • Demand Bid means a bid, submitted by a Load Serving Entity in the Day-ahead Energy Market, to purchase energy at its contracted load location, for a specified timeframe and megawatt quantity, that if cleared will result in energy being scheduled at the specified location in the Day-ahead Energy Market and in the physical transfer of energy during the relevant Operating Day.

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

  • 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.

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

  • Successful Bid means the Bid of the Successful Bidder for acquisition of the Corporate Debtor on Going Concern basis as declared by the Liquidator as per this Process Memorandum;

  • 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;