Additional Bids Clause Samples

Additional Bids. If the lender fails to abide by his commitment towards disbursement of loan, his name will be delisted and he will not be allowed to carry out any transaction in Sudha Pocket portal in future.

Additional Bids. In the event that the amount of such Bid, when added to Landlord’s Fee, is more than the Base Tenant Improvement Allowance, Landlord shall share such Bid with Tenant on an open book basis. Tenant, in its reasonable discretion, may elect, within five (5) business days after receiving such Bid from Landlord, to solicit additional bids from no more than two (2) other California licensed general contractors based upon the Final Construction Plans. Once the two other bids have been received, Tenant shall review all three bids and shall, within five (5) business days thereafter, select one of the three contractors to construct the Tenant Improvements for the bid (hereinafter, the “Final Bid”) selected by Tenant. Any delays resulting from Tenant’s reviewing and approving the bids shall be a Tenant Delay, if such review and approval period exceeds five (5) business days following delivery to Tenant of all bids.

Additional Bids. If the lender fails to abide by his commitment towards disbursement of loan, his name will be delisted and he will not be allowed to carry out any transaction in Kisan Instant portal in future.