Valid Proposal definition

Valid Proposal means a Price Proposal which complied with the threshold Requirements and all other requirements specified in the RFP through all stages up to the stage of the evaluation of the Price Proposal.
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Valid Proposal means a proposal which complied with the Mandatory Requirements and the additional terms, according to the IAA's sole discretion.
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Valid Proposal. – shall mean a proposal which has complied, at the Authority’s sole discretion, with all the Threshold Requirements, mandatory requirements and the additional terms.
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Examples of Valid Proposal in a sentence

  • Active - The status of being employed as a Flight Attendant by the Company and eligible to be assigned for duty.

  • If after escalation from the Operating Committee to senior management of the parties pursuant to the Agreement, the parties cannot in good faith agree on whether a specific proposal constitutes a Valid Proposal, either party may submit the determination of whether a proposal constitutes a Valid Proposal to arbitration as set forth in the Agreement.

  • Determination by the Operating Committee and by the parties of whether a proposal constitutes a Valid Proposal will be made in good faith based on the technical and commercial feasibility of the proposal.

  • If ATMI makes a Valid Proposal for additional development and commercialization pursuant to this Section 18, and the parties do not agree on a development and commercialization plan based on that proposal, and ATMI elects to pursue the development and commercialization independently as set forth herein, then ATMI may elect to purchase exclusivity for the license and use of Agreement Compounds or Products for that Valid Proposal.

  • If the parties agree that a Valid Proposal has been presented, but do not agree on cooperating for that Valid Proposal and do not agree on royalty or revenue share terms for one party to proceed independently, then a determination of the revenue share or royalty amounts may be decided by an arbitrator as expressly set forth in the arbitration provision set forth in Section 21 below.