Unsolicited Offers definition

Unsolicited Offers means written offers to supply goods or to perform services by vendors that were not requested to submit such offers. Unsolicited offers are normally received in either of the following circumstances: a bid solicitation was issued for an existing requirement, and a vendor that was not solicited submits a bid; or a vendor, on its own initiative, offers to supply goods or to perform a service for which no current requirement is held.
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Examples of Unsolicited Offers in a sentence

  • Additionally, Unsolicited Offers will not be reviewed until all timely and responsive Offers to this RFO have been evaluated.

  • These Unsolicited Offers will be evaluated by the same criteria outlined in Section VI.

  • For the relevant recommendations that refer to SACCs, the NCPA supports the vast majority of these recommendations, however does not support the implementation of recommendation 1, Affordability and 8, Unsolicited Offers.

  • Such Unsolicited Offers should be made on the first business day of every month beginning December 2014.

  • Notwithstanding the foregoing sentence, either the Bank Board or the Bingxxx Xxxrd may consider unsolicited bona fide third-party offers to purchase its business, stock or assets ("Unsolicited Offers") if it determines in good faith after consultation with legal counsel that such action is necessary for it to act in a manner consistent with fiduciary duties under applicable law.

  • Unsolicited Offers may be assessed jointly by the Manager of Procurement Services and the Director.

  • In response to this resolution, the Law Institute created the Mineral Law – Unsolicited Offers Committee and placed it under the direction of Professor Melissa T.

  • The bill passed both chambers on April 27, 2022.Cancellation of Unsolicited Offers to Purchase PropertySB1945/HB1946 by Hensley/ Haston, as amended, authorizes an offeree to cancel a contract to purchase real property without penalty for 30 days if the contract was unsolicited, was sent through the mail and a real estate broker was not used.

  • Unsolicited Offers for the Keene School will not be received until August 15, 2017.

  • Unsolicited Offers for the PR Harris School will not be received until September 12, 2017.

Related to Unsolicited Offers

  • Unsolicited proposal means a written proposal for a public-private initiative that is submitted by a private entity for the purpose of entering into an agreement with the department but that is not in response to a formal solicitation or request issued by the department.

  • Bona Fide Offer means an actual or genuine offer which includes a specific wage or a training opportunity at a specified place when used to determine whether the parent has refused an offer of training or employment.

  • Permitted Offer means a tender offer or an exchange offer for all outstanding Common Shares of the Company determined by the Board of Directors of the Company, after receiving such advice as it deems necessary and giving due consideration to all relevant factors, to be in the best interests of the Company and its stockholders.

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

  • Unsolicited advertisement means any advertising claims of the

  • Offer means “proposals” in negotiation.

  • Bid Solicitation means a formal request for Bids including an Informal Quotation, Request for Quotation, Request for Pre-Qualification, Request for Tender, Request for Proposal, Negotiated Request for Proposal, or Request for Expression of Interest;

  • Last best offer package means the offer exchanged by parties not less than 14 days prior

  • Third Party Offer has the meaning set forth in Section 3.2.2(a).

  • Price Proposal means the price offer included in the Proposal submitted by a Proposer as set forth on the forms requested in Exhibit C-2 of the ITP.

  • 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.

  • Business Combination Proposal has the meaning set forth in Section 5.8.

  • Proposal means the Technical Proposal and the Financial Proposal of the Consultant.

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

  • Offers means the Share Offer and the Option Offer;

  • Transaction Proposals has the meaning set forth in Section 5.8.

  • 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.

  • Transaction Proposal has the meaning specified in Section 8.02(c).

  • Acquisition Proposal has the meaning set forth in Section 5.03(a).

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

  • Competing Offer means a Tender Offer for Units which (i) is Commenced prior to the expiration of the Offer by a Person that is not an Affiliate (or in the case of Waltxx Xxxeet, as to its Associates only) of any Partner and (ii) has a cash purchase price per Unit that is at least 2% (10% with respect to the first Competing Offer made following the Offer by the Partnership)

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Invitation to Bid (ITB) means a Solicitation Document for the solicitation of competitive, Written, signed and sealed Bids in which Specifications, price, and delivery (or project completion) are the predominant award criteria.

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

  • Tenderer/Bidder means the firm or Company (hereinafter called Tenderer/ Bidder) who duly submits the tender after accepting all the terms & conditions of the tender document.

  • 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.