Common use of Bids Received Clause in Contracts

Bids Received. The bids received must meet all of the following requirements: (A) At least three bids are received from providers that were solicited as described above and that do not have a “material financial interest” in the issue. For this purpose, (i) a lead underwriter in a negotiated underwriting transaction is deemed to have a material financial interest in the issue until 15 days after the Issue Date of the issue,

Appears in 3 contracts

Sources: Tax Compliance Agreement, Tax Compliance Agreement, Base Lease

Bids Received. The bids received must meet all of the following requirements: (A) At least three bids are received from providers that were solicited as described above and that do not have a “material financial interest” in the issue. For this purpose, (i) a lead underwriter in a negotiated underwriting transaction is deemed to have a material financial interest in the issue until 15 days after the Issue Delivery Date of the issue,

Appears in 1 contract

Sources: Tax Compliance Agreement