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

  • 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.

  • Mayor O’Brien and City staff also visited the grand opening on October 22, 2014, to welcome Lana and her staff to the Downtown Area.

  • 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 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.

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

  • This is also called conditional contract.Quasi-Contract - an obligation created by law.Meaning of Proposal: When one person signifies to another his willingness to do or to abstain from dong anything, with a view to obtaining the assent of that other to such act or abstinence he is said to make a proposal.Legal Rules Regarding a Valid Proposal: 1.

  • Pre-bid credit for parties not selected for award will be returned following the conclusion of the Valid Proposal Duration.

  • Valid Proposal Period‌All aspects of an offeror’s proposal, including pricing, will be firm for a period of no less than one hundred and eighty (180) calendar days after the opening of the response.Estimated proposal prices are not acceptable.

  • Valid Proposal Period All aspects of a submitted proposal to this RFP, including pricing, will be firm for a period of no less than one hundred and eighty (180) calendar days after the RFP submission deadline.

  • Valid Proposal Duration – Bid pricing must be valid from the Proposal Due Date through the Proposal Evaluation date, upon which time proposals shall expire unless the bidder has been notified and selected as a final award recipient.

Related to Valid Proposal

  • Bid Proposal or “Proposal” means the bidder’s proposal submitted in response to the RFP.

  • Competing Proposal means a proposal, offer or invitation to the Company, any Party or any of a Party’s Affiliates (other than the Proposal), that involves the acquisition of Control of the Target, a sale of all or a substantial part of the assets of the Target, a restructuring or recapitalization of the Target, or some other transaction that would adversely affect, prevent or materially reduce the likelihood of the consummation of the Transaction with the Parties.

  • 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.

  • approved proposal means a proposal approved or deemed to be approved under this Agreement;

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

  • Responsive Proposal means a Proposal that complies with the material provisions of this RFP.

  • Company Superior Proposal shall have the meaning set forth in Section 7.4(b).

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

  • Superior Proposal has the meaning set forth in Section 5.09(a).

  • 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.

  • Parent Superior Proposal shall have the meaning set forth in Section 7.4(g).

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

  • Alternative Transaction Proposal means any offer, inquiry, proposal or indication of interest, written or oral (whether binding or non-binding and other than an offer, inquiry, proposal or indication of interest by Parent or a Subsidiary of Parent), relating to an Alternative Transaction.

  • Technical Proposal means the Contractor’s Technical Proposal dated (Technical Proposal date).

  • Company Acquisition Proposal means any offer or proposal, including any amendment or modification to any existing offer or proposal (other than, in each case, an offer or proposal made or submitted by or on behalf of Parent), relating to a Company Acquisition Transaction.

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

  • Project Proposal has the meaning set forth in Section 2.2(b).

  • Company Takeover Proposal means (i) any proposal or offer for a merger, consolidation, dissolution, recapitalization or other business combination involving the Company, (ii) any proposal for the issuance by the Company of over 20% of its equity securities as consideration for the assets or securities of another person or (iii) any proposal or offer to acquire in any manner, directly or indirectly, over 20% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

  • Eligible Proposal means a Proposal that meets or exceeds the prescribed requirement, proceeding to the next stage of evaluation;

  • Notice of Superior Proposal has the meaning set forth in Section 5.09(e).

  • Alternative Proposal has the meaning set forth in Section 6.2(b).

  • Superior Acquisition Proposal means any Acquisition Proposal containing terms which the Company Board determines in its good faith judgment (based on the advice of an independent financial advisor) to be more favorable to the Company’s stockholders than the Merger and for which financing, to the extent required, is then committed or which, in the good faith judgment of the Company Board, is reasonably capable of being obtained by such third party.

  • Parent Acquisition Proposal means any offer, proposal or indication of interest received from a third party (other than a party to this Agreement) providing for any Parent Acquisition Transaction.

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).

  • Financial Proposal means the Contractor’s Financial Proposal dated (Financial Proposal date).

  • Business Combination Proposal means any offer, inquiry, proposal or indication of interest (whether written or oral, binding or non-binding, and other than an offer, inquiry, proposal or indication of interest with respect to the transactions contemplated hereby), relating to a Business Combination.