Winning Bidder definition

Winning Bidder. With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

Winning Bidder means the Entity or Entities whose bid or bids for some or all of the Debtors’ assets, which for the avoidance of doubt may include the transaction contemplated under the Plan, is selected by the Debtors and approved by the Bankruptcy Court as the highest or otherwise best bid pursuant to the Bidding Procedures. For the avoidance of doubt, if there is no third-party purchaser of the assets, the Term Loan Lenders shall be deemed to be the Winning Bidder in accordance with the other terms and provisions of the Plan.

Winning Bidder means the Bidder who is recognized by Auctioneer as having made the Winning Bid.

Examples of Winning Bidder in a sentence

• Upon the delivery of, against payment for, the Securities pursuant to this Agreement and the Bidder Letter with each Winning Bidder and, assuming a Winning Bidder does not have notice of any adverse claim (within the meaning of the Uniform Commercial Code as in effect in the State of New York), such Winning Bidder will acquire good and marketable title thereto, free and clear of any liens, encumbrances, equities and claims.

• The Company shall have reissued the Securities, in the respective numbers determined in accordance with the Auction Procedures, in physical form in the name of each Winning Bidder or its authorized agent or nominee.

• Moreover, Winning Bidder shall forever hold in trust SS contributions or payments of its employees until the same is fully remitted to SSS.

• The Winning Bidder shall not employ Subcontractors without the express written permission of the Owner.

• It is agreed further that prior to the release of any payment by SSS to Winning Bidder, its President, or its duly authorized representative, shall submit a sworn statement that all moneys due to all its employees assigned to the project as well as benefits by law and other related labor legislation have been paid by Winning Bidder and that he/she assumed full responsibility thereof.

More Definitions of Winning Bidder

Winning Bidder shall have the meaning set forth in the Bidding Procedures Order.

Winning Bidder means the Pre-qualified Bidder determined by the PBAC as having the best complying post-qualified Bid and issued a Notice of Award as described in Section 4(d).

Winning Bidder means a Person who is the winning bidder in the Auction for a license offered by the FCC therein (i) as set forth in the FCC's post‑Auction public notice identifying Auction winning bidders or (ii) by virtue of having accepted the FCC's offer of a license for the amount of its final Auction net bid therefor following the default of the winning bidder for that license described in clause (i) of this definition; provided, that, for purposes of this Agreement, the License Company shall be deemed to not have been the winning bidder for the licenses in respect of which the License Company did not pay the gross winning bid amounts (as more fully described in that letter dated October 1, 2015 from Xxxx X. Xxxxx (then of Drinker Xxxxxx & Xxxxx LLP) to Xxxx X. Xxxxxx, Deputy Bureau Chief, Office of the Bureau Chief, Wireless Telecommunications Bureau of the FCC, and set forth on Attachment 2 to such letter).

Winning Bidder means a Person who is the winning bidder in the Auction for a License offered by the FCC therein (a) as set forth in the FCC’s post-Auction public notice identifying Auction winning bidders or (b) by virtue of having accepted the FCC’s offer of a License for the amount of its final Auction net bid therefore following the default of the winning bidder for that License described in clause (a) of this definition.

Winning Bidder means Bedding Acquisition, LLC and its successors and permitted assigns, as the purchaser of certain of the Debtors’ assets in accordance with the Asset Purchase Agreement.

Winning Bidder means the highest ranked Bidder for the Project determined by the PBAC and issued a Notice of Award as described in Section 2.2.

Winning Bidder has the meaning set forth in the Recitals of the Private Owner Interest Sale Agreement.