Winning Bid definition

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

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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 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.

Examples of Winning Bid in a sentence

• In such circumstances, any Winning Bid you submit will only be binding to the extent we obtain such further qualification.

• If you submit a Winning Bid, you can and will make each of the representations and warranties contained in Section 3 of the Subscription Agreement related to your subscription for the Shares, including those relating to investment intent, the Patriot Act, Anti-Money Laundering and the OFAC.

• You agree that you have reviewed the Company’s Auction Rules and the form of Subscription Agreement, both available on the Investor Platform as of the date of this Agreement, and that, if you submit a Winning Bid, you agree to (i) execute a Subscription Agreement in substantially the same form as on the Investor Platform to subscribe for and purchase the Shares, and (ii) fund the purchase price for the Shares within seven days of receiving the notice.

• You further acknowledge and agree that you may not assert a Claim against the Company or any other Company Party should any such event occur notwithstanding that you may have submitted a bid prior to or at the time of the Auction which, but for such event, would have been a Winning Bid.

• Please read the Subscription Agreement carefully as it contains representations, warranties and covenants that will become legally binding on you should you submit a Winning Bid by virtue of incorporating those provisions by reference in this Agreement.

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 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.

Winning Bid has the meaning set forth in Section 7.1(c)(ii)(5).

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

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