Examples of Selected Offeror in a sentence
Each Offer on the Closing Ballot that re- ceives votes approving acceptance of such Offer from two-thirds (2⁄3) or more of the total number of Nonoffering Subsector Members shall be a Selected Offeror and shall be the basis for the Reduction Plan submitted to NMFS.
In the event a Selected Offeror submits a modified Offer and such Offer is not ranked because sufficient votes are re- ceived to call for a Closing Vote, the previously Selected Offer shall remain the Selected Offer.(v) Rejected offerors.
A Selected Offeror may, how- ever, modify a Selected Offer solely to the extent such modification consists of a reduction in the Offer price.
The parties to the Reduction Agree- ment have agreed that the opportunity to develop and submit a capacity re- duction program for the Longline Sub- sector under the terms of the Act is both unique and finite and that failure of a Selected Offeror, and vessel owner, if not a Subsector Member, to perform the obligations provided by the Reduc- tion Agreement will result in irrep- arable damage to the FLCC, the Sub- sector Members and other Selected Offerors.
Accordingly, the parties to the Reduction Agreement expressly ac- knowledge that money damages are an inadequate means of redress and agree that upon the failure of the Selected Offeror, and vessel owner if not a Sub- sector Member, to fulfill its obligations under the Reduction Agreement that specific performance of those obliga- tions may be obtained by suit in equity brought by the FLCC in any court of competent jurisdiction without obliga- tion to arbitrate such action.
Substantial Completion of the Regional WATER SYSTEM.—Section 623(e) of the Aamodt Litigation Settlement Act (Public Law 111–291; 124 Stat.
After notification of selection, the Selected Offeror must secure a Performance Bond prior to execution of the contract.
The Selected Offeror, therefore, will be required to register with the PLCB's Supplier Unit.
Accordingly, the parties to the Reduction Agreement expressly acknowledge that money damages are an inadequate means of redress and agree that upon the failure of the Selected Offeror to fulfill their obligations under the Reduction Agreement that specific performance of those obligations may be obtained by suit in equity brought by the FLCC in any court of competent jurisdiction without obligation to arbitrate such action.
These innovative companies develop strong supplier relationship and are actively involved in partnership sourcing24.Strategic partnersInnovative companies seek active collaboration with other companies and academia to maximise knowledge and minimise risk.InvestorsInvestors play a crucial role in the innovation process.