Winning Bid definition

Winning Bid means the highest bid received and accepted (and if Subject to Seller’s Confirmation, confirmed by Seller).

Winning Bid means, in respect of an Auction, each bid determined by the Clearinghouse in its absolute discretion as the best bid in respect of the default management process, whether that bid is a Portfolio Bid or a bid in respect of an Auction Bucket.

Winning Bid means the highest amount committed and paid by a Buyer of a sold Asset. Winning Bid does not include shipping & handling, buyer premiums, or other fees, if any, nor does Winning Bid include an amount a Buyer commits but fails to pay.

Examples of Winning Bid in a sentence

• The Auction Agent, unless instructed otherwise in writing by the Company, is authorized to release the Winning Bid Rate after each auction for public dissemination.

• The Auction Agent, unless instructed otherwise in writing by the Company, is authorized to release the Winning Bid Rate after each Auction for public dissemination.

• If the Auction Winner’s Winning Bid Price is a price that by reference to the Mid-Price is (a) in favor of the Clearing House, the Auction Winner Amount shall be a negative amount or (b) in favor of the Auction Winner, the Auction Winner Amount shall be a positive amount.

• Upon such notification, subject to the terms and provisions of this Contract, Buyer will be obligated to purchase from Seller, and Seller will be obligated to sell to Buyer, each of the Properties to which a Winning Bid submitted by Buyer applies (each such Property hereinafter referred to as a “Conveyance Property”).

• For all Lots where the Winning Bid is submitted online via the Service, an additional three percent (3%) of the Hammer Price (the “Online Service Fee”) will be added to the Buyer’s Premium amount detailed immediately above.Example: The Hammer Price on a Lot is two hun- dred and fifty thousand United States Dollars ($250,000.00), with the highest Bid being placed online via the Service.

More Definitions of Winning Bid

Winning Bid means a bid submitted by an Investor on the Auction Platform that is part of the bid submitted by Fractional Bidders that is at or above the price point that prevails in winning the Auction.

Winning Bid means a Bid made by the Winner in connection with a particular Auction.

Winning Bid means the highest bid received and accepted (and if Subject to Seller’s Confirmation, confirmed by Seller). “Winning Bidder” means the Bidder who is recognized by Auctioneer as having made the Winning Bid.

Winning Bid means the highest bid received and accepted for Property put up at the Auction. "Winning Bidder" means the Bidder who is recognized by Auctioneer as having made the Winning Bid.

Winning Bid means the highest bid received and accepted.

Winning Bid means the highest bid for the Property that has been (i) received and accepted by Auctioneer, and (ii) Confirmed by Seller.

Winning Bid. : means the highest bid made by a bidder and/or accepted by the auctioneer, and exclusive of VAT,