Sufficient Bids definition

Sufficient Bids has the meaning set forth in Section 2.02(a)(iii)(A) of this Appendix A.
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Sufficient Bids has the meaning set forth in Section 2.5.1 (c)(i) hereof.
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Sufficient Bids has the meaning set forth in Section 2.02(a)(iii)(A) of this Appendix A-2.
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Examples of Sufficient Bids in a sentence

  • Adjustment in Paragraph 1 shall take place only if (a) the Indenture Trustee and the Auction Agent receive, by 11:00 a.m., eastern time, on the Business Day before the Auction Date for the Auction Period commencing on the Effective Date, a certificate from the Issuer, as required by the Indenture authorizing the change in length of one or more Auction Periods and (b) Sufficient Bids exist on the Auction Date for the Auction Period commencing on the Effective Date.

  • Adjustment in Paragraph 1 shall take place only if (a) the Trustee and the Auction Agent receive, by 11:00 a.m., eastern time, on the Business Day before the Auction Date for the Auction Period commencing on the Effective Date, a certificate from the Issuer, as required by the Indenture authorizing the change in length of one or more Auction Periods and (b) Sufficient Bids exist on the Auction Date for the Auction Period commencing on the Effective Date.

  • Paragraph 1 shall take place only if (a) the Indenture Trustee and the Auction Agent receive, by 11:00 a.m., eastern time, on the Business Day before the Auction Date for the Auction Period commencing on the Effective Date, a certificate from the Issuer, as required by the Indenture authorizing the change in length of one or more Auction Periods and (b) Sufficient Bids exist on the Auction Date for the Auction Period commencing on the Effective Date.

  • Adjustment in Paragraph 1 shall take place only if (A) the Trustee and the Auction Agent receive, by 11:00 a.m., New York City time, on the Business Day before the Auction Date for the Auction Period commencing on the Effective Date, a certificate from the Market Agent, as required by the First Supplemental Indenture authorizing the change in length of one or more Auction Periods and (B) Sufficient Bids exist on the Auction Date for the Auction Period commencing on the Effective Date.

  • Adjustment in Paragraph 1 shall take place only if (a) the Indenture Trustee and the Auction Agent receive, by 11:00 a.m., eastern time, on the Business Day before the Auction Date for the Auction Period commencing on the Effective Date, a certificate from the Issuer, as required by the Indenture authorizing the change in length of one or more Auction Periods; and (b) Sufficient Bids exist on the Auction Date for the Auction Period commencing on the Effective Date.

  • In any of the cases described above in this paragraph, Submitted Orders will be accepted or rejected and the Auction Agent will take such other action as described below under "Insufficient Bids." Sufficient Bids.

  • If the Auction Agent has not received Sufficient Bids (other than because all of the Outstanding Auction Rate Series 1997-1 Notes are subject to Submitted Hold Orders), the Auction Rate Series 1997-1 Note Interest Rate will be (1) in the case of a series of Tax Exempt Auction Rate Series 1997-1 Notes, the Maximum Auction Rate, or (2) in the case of a series of Taxable Auction Rate Series 1997-1 Notes, the lesser of the Maximum Auction Rate and the Net Loan Rate.

  • The Auction Period Adjustment in Paragraph 1 shall take place only if (a) the Indenture Trustee and the Auction Agent receive, by 11:00 a.m., eastern time, on the Business Day before the Auction Date for the Auction Period commencing on the Effective Date, a certificate from the Issuer, as required by the Indenture authorizing the change in length of one or more Auction Periods and (b) Sufficient Bids exist on the Auction Date for the Auction Period commencing on the Effective Date.

  • Subject to the provisions of Section 2.1.1 (b) hereof, a Sell Order by an Existing Noteholder shall constitute an irrevocable offer to sell: (1) the principal amount the Outstanding Auction Notes specified in such Sell Order; or (2) such principal amount, or a lesser principal amount of the Outstanding Auction Notes set forth in Section 2.1.1(d)(ii)(C) hereof, if Sufficient Bids have not been made.

  • Adjustment in Paragraph 1 shall take place only if (A) the Trustee and the Auction Agent receive, by 11:00 a.m., New York City time, on the Business Day before the Auction Date for the Auction Period commencing on the Effective Date, a certificate from the Market Agent, as required by the Second Supplemental Indenture authorizing the change in length of one or more Auction Periods and (B) Sufficient Bids exist on the Auction Date for the Auction Period commencing on the Effective Date.


More Definitions of Sufficient Bids

Sufficient Bids shall have the meaning ascribed to such term in Section 4(c)(i) hereof.
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Sufficient Bids shall have the meaning ascribed to such term in Section 4(c)(i)(B) hereof.
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Sufficient Bids has the meaning set forth in Section 2.1.1(c)(i) hereof. ---------------
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Sufficient Bids shall have the meaning ascribed to such term in Section 4(c)(i) hereof. "Tax Exempt Auction Rate Series 1997-1 Notes" shall mean the Series 1997-1A Notes, the Series 1997-1B Notes, the Series 1997-1C Notes, the Series 1997-1D Notes and the Series 1997-1E Notes.
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Sufficient Bids shall have the meaning ascribed to such term in Section 2.02(a)(iii)(A)(2) of this Annex I.
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Sufficient Bids has the meaning set forth in Section 2.1.1(c)(i) hereof. --------------- General Provisions. ------------------ The Class II A-2 Certificates shall bear interest at the Class II A-2 Pass- Through Rate. For each Interest Accrual Period, interest at the Class II A-2 Pass-Through Rate shall accrue daily and shall be computed for the actual number of days elapsed on the basis of a year consisting of 360 days. Notwithstanding the foregoing: if the ownership of the Class II A-2 Certificates is no longer maintained in Book-Entry Form, the Class II A-2 Pass-Through Rate for any Interest Accrual Period commencing after the delivery of certificates representing such Certificates shall equal the lesser of (i) the Maximum Auction Rate and (ii) the Net Weighted Average Contract Rate of the Group II Contracts on the Business Day immediately preceding the first day of such subsequent Interest Accrual Period; or for each Interest Accrual Period commencing after the occurrence and during the continuance of an Insurer Default and for any Interest Accrual Period less than two Business Days after the cure of any Insurer Default, the Class II A-2 Pass-Through Rate for any such period shall equal the lesser of (i) the Maximum Auction Rate and (ii) the Net Weighted Average Contract Rate of the Group II Contracts on the Business Day immediately preceding the first day of such subsequent Interest Accrual Period. The Auction Agent shall promptly give written notice to the Trustee and the Depository of the Class II A-2 Pass-Through Rate and either the Auction Rate or the Net Weighted Average Contract Rate of the Group II Contracts, as the case may be, when such rate is not the Class II A-2 Pass-Through Rate. The Trustee shall notify the Certificateholders of the Class II A-2 Pass-Through Rate applicable to the Class II A-2 Certificates for each Interest Accrual Period on the second Business Day of such Interest Accrual Period. Notwithstanding any other provision of the Class II A-2 Certificates or the Pooling and Servicing Agreement, interest payable on the Class II A-2 Certificates for an Interest Accrual Period shall never exceed for such Interest Accrual Period the amount of interest payable at the Net Weighted Average Contract Rate of the Group II Contracts in effect for such Interest Accrual Period. If the Auction Rate is greater than the Net Weighted Average Contract Rate of the Group II Contracts, then the Class II A-2 Pass-Through Rate for that Interest Accrual Period will b...
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Related to Sufficient Bids

  • Sufficient Clearing Bids has the meaning specified in Section 11.10(d)(i) below.

  • Decrement Bid means a type of Virtual Transaction that is a bid to purchase energy at a specified location in the Day-ahead Energy Market. A cleared Decrement Bid results in scheduled load at the specified location in the Day-ahead Energy Market.

  • Best Bid means the highest posted bid price of the Common Stock.

  • Bids means the Techno Commercial Bid submitted by the Bidder along with all documents / credentials / attachments annexure etc., in response to this RFQ, in accordance with the terms and conditions hereof.

  • Highest Bidder means the Bidder, who quotes the highest License Fees

  • Bid Documents means all the documents issued by the Chief Procurement Officer, or referenced by the Chief Procurement Officer as being available on the City's website and incorporated by such reference, in connection with an invitation for bids or proposals. Except for such Bid Documents as are posted on the City's website and incorporated by reference, all Bid Documents must be submitted by a bidder on the Bid Opening Date.

  • bid means a written offer in a prescribed or stipulated form in response to an invitation by an organ of state for the provision of goods or services, through price quotations, advertised competitive bidding processes or proposals;

  • Qualified Bidder(s means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.

  • Government Bid means any quotation, bid or proposal submitted to any Governmental Body or any proposed prime contractor or higher-tier subcontractor of any Governmental Body.

  • Responsive bidder means a person who has submitted a bid that conforms in all material respects

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • Deficient Valuation With respect to any Mortgage Loan, a valuation of the related Mortgaged Property by a court of competent jurisdiction in an amount less than the then outstanding principal balance of the Mortgage Loan, which valuation results from a proceeding initiated under the Bankruptcy Code.

  • Price Bid means the Price Bid submitted by the Bidder, in accordance with Clause 8.15.2;

  • Successful Bidder(s) means the bidder(s) to whom work in this tender is awarded.

  • Submitted Bid has the meaning specified in Section 11.10(d)(i) below.

  • BC Bid means the BC Bid website located at www.bcbid.ca;

  • Tenderer/Bidder means any persons, partnership firm or company submitting a sum or sums in the Bills of Quantities in accordance with the Instructions to Tenderers, Conditions of Contract Parts I and II, Specifications, Drawings and Bills of Quantities for the work contemplated, acting directly or through a legally appointed representative.

  • Responsive Bidder or Offeror means a person who submits a bid or proposal which conforms in all material respects to the invitation for bids or request for proposals.

  • Return Bid has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Bidders means any enterprise, consortium or person, partnership, company, close corporation, firm or any other form of enterprise or person, legal or natural, which has been invited by NHLS to submit a bid in response to this bid invitation.

  • Price Differential with respect to any Transaction as of any date, the aggregate amount obtained by daily application of the Pricing Rate for such Transaction to the Purchase Price for such Transaction on a 360 day per year basis for the actual number of days during the period commencing on (and including) the Purchase Date for such Transaction and ending on (but excluding) the date of determination (reduced by any amount of such Price Differential previously paid by Seller to Buyer with respect to such Transaction);

  • Responsive Bid means a Bid that complies with each of the provisions of this RFB, or is either an alternative bid or a bid with an exception, if accepted by the Agency.

  • Invitation for bids means all documents, whether attached or incorporated by reference, utilized for soliciting bids.

  • Eligible Bidder(s) means Bidder(s) who are eligible in terms of this E-Auction Process Memorandum, provisions of IBC and provisions of the Liquidation Process Regulations;

  • Transaction Proposals has the meaning specified in Section 8.2(b).