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.

Selected Bidder means the bidder who has been selected by DMRC, pursuant to the bidding process for award of license.

Selected Bidder means the bidder who has been selected by NMRC, pursuant to the bidding process for award of Contract

Examples of Selected Bidder in a sentence

Provided further, that in case the Selected Bidder is a Bidding Consortium, the Lead Member shall continue to hold equity of at least twenty six percent (26%) upto a period of one (1) year after COD of the Project and any Member of such Bidding Consortium shall be allowed to divest its equity as long as the other remaining Members (which shall always include the Lead Member) hold the minimum equity specified above.
The Selected Bidder shall be liable to bear and pay the stamp duty and other costs in respect of this Agreement and the Share Transfer Forms.
Any action taken or document executed by [Insert Name of the authorized representative of the Selected Bidder/Lead Member, in case of Consortium] shall be deemed to be acts done or documents executed by the Selected Bidder and shall be binding on the Selected Bidder.
All such actions shall be defended by the Selected Bidder either itself or through the TSP at its own cost.
For the purposes of this Agreement, the Selected Bidder is represented by [Insert Name of the authorized representative of the Selected Bidder/ Lead Member, in case of Consortium], pursuant to an authorization granted to [Insert Name of the authorized representative of the Selected Bidder/Lead Member, in case of Consortium] through necessary Board resolutions.

More Definitions of Selected Bidder

Selected Bidder means the bidder who has been selected by DMRC, pursuant to the bidding process for award of License.

Selected Bidder means the Bidder selected pursuant to the RFP and who has to acquire one hundred percent (100%) equity shares of SPV [which is under incorporation], along with all its related assets and liabilities, which will be responsible as the TSP to establish the Project on build, own, operate and transfer basis as per the terms of the TSA and other RFP Project Documents;

Selected Bidder means the Bidder whose Bid is determined by the Authority as responsive in terms hereof and selected by the Bid Evaluation Committee (subject to and in accordance with terms of the RFP) for issuance of Letter of Award for the Project in terms hereof and particularly the Concession Agreement;

Selected Bidder means the Bidder who has emerged as preferred bidder in terms of this RFP and has been issued the Letter of Acceptance (LoA) by SSCDL and awarded the work under this RFP.

Selected Bidder means the bidder who has been selected by Maha-Metro, pursuant to the bidding process for award of license.