Walk out definition

Walk out by an entity shall mean withdrawal from the bidding process by an entity in the interval between the prescribed deadline of 24 hours before the due time & date of bid submission and the expiration of the period of bid validity.
Walk out by an entity shall mean withdrawal from the bidding process by an entity from the date of bid submission to the grant of authorization to one of bidding entities.

Examples of Walk out in a sentence

  • Walk out far enough in front of the bus so that you can see the bus driver’s head and shoulders; this helps the bus driver to see you.

Related to Walk out

  • lock-out means the closing of a place of employment, or the suspension of work, or the refusal by an employer to continue to employ any number of persons employed by him in consequence of a dispute, done with a view to compelling those persons, or to aid another employer in compelling persons employed by him, to accept terms or conditions of or affecting employment;

  • Black-Out means a restriction imposed by the Company on all or any of its directors, officers, employees, insiders or persons in a special relationship whereby they are to refrain from trading in the Company's securities until the restriction has been lifted by the Company.

  • Knock-out Barrier means the relevant Strike.

  • Knock-out Period means each Calculation Date from the First Day of the Knock-out Period (including) to the Final Valuation Date (including).

  • Knock Out Event means the event as defined in §4(4).