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
Notwithstanding anything to the contrary herein, Contractor may collect a Winning Bid percent fee from a Buyer, typically referred to as a “Buyer’s Premium”.
For each In Place Asset sold at auction, Winning Bid less Success Fee less PP Costs equals Owner Net Proceeds.
For Portable Assets, Success Fee equals 50% for the first $1,000 of a Winning Bid amount and 25% of Winning Bid amount, if any, over $1,000.
For each Haul Away Asset, Success Fee equals 12.5% of Winning Bid.
For each Impound Asset, the sum of Winning Bid and Citizen Payments less the sum of Success Fee, Tow & Miscellaneous Fees, Owner/Citizen Storage Fees and PP Costs equals Owner Net Proceeds.
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 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,
Winning Bid has the meaning set forth in Section 5.2(e) or 12.2(c) hereof as the case may be.