Opportunity to Bid Sample Clauses

The "Opportunity to Bid" clause ensures that certain parties are given a fair chance to submit proposals or bids for a contract, project, or procurement. Typically, this clause outlines the process by which invitations to bid are issued, the criteria for eligibility, and the timeframe within which bids must be submitted. For example, it may require a company to notify pre-qualified vendors of upcoming opportunities and provide them with sufficient information to prepare their bids. The core function of this clause is to promote transparency and competition, helping to prevent favoritism and ensuring that all qualified parties have an equal opportunity to participate.
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Opportunity to Bid. Member to provide Supplier opportunity to submit a quote for all roofing projects.
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Opportunity to Bid. In the event that New Residential acquires MSRs in non-Covered Portfolios following execution of this Agreement, NRZ Brokerage shall provide RHSS and Altisource an opportunity to submit a proposal pursuant to which the Portfolios to which such MSRs apply could become Covered Portfolios.
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Opportunity to Bid. In the event Customer requires additional telecommunications services (including Internet-protocol-based services and traditional voice services), Customer shall provide UUNET and its affiliates an opportunity to propose terms under which they could provide such services to Customer.
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Opportunity to Bid. In the event that New Residential acquires any corresponding MSR Bundle in non-Covered Portfolios following execution of this Agreement, NRZ Brokerage shall provide RHSS and Altisource an opportunity to submit a proposal pursuant to which the Portfolios to which such corresponding MSR Bundle apply could become Covered Portfolios.” 10. Section 10(a) of the CBA is hereby deleted in its entirety, and inserted in lieu thereof is the following Section 10(a) of the CBA, as follows: (a) The Parties’ rights under this Agreement shall continue in full force and effect and shall not be affected by the sale (or other transfer of a Covered Portfolio) by New Residential of any MSR Bundle to New Residential Affiliate.” 11. Section 14 of the CBA is hereby amended to change the address, facsimile number or other information of RHSS for the purpose of notices to such Party, as follows: “If to RHSS: REALHome Services and Solutions, Inc. 0000 Xxxxxxxxx Xxxx, Suite 245 Atlanta, GA 30328 Attention: Corporate Secretary Email: xxxxxxxxxxxxxxxxxx@xxxxxxxxxx.xxx and xxxxxxx@xxxxxxxxxx.xxx” 12. Section 19(a)(vii) of the CBA is hereby deleted in its entirety, and inserted in lieu thereof is the following Section 19(a)(vii) of the CBA, as follows:
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Opportunity to Bid. During such five Business Day period, the Company shall afford Parent the opportunity, in Parent's discretion, to offer to amend the terms of this Agreement and the Arrangement. The Company's Board of Directors shall convene a meeting to review in good faith any offer by Parent to amend the terms of this Agreement and the Arrangement in order to determine, in its discretion in the exercise of its fiduciary duties, whether Parent's offer upon acceptance by the Company would result in the Acquisition Proposal not being a Superior Proposal. If the Company's Board of Directors shall so determine, the Company shall enter into an amended agreement with Parent reflecting Parent's offer. If after such five Business Day period the Company's Board of Directors shall conclude, in good faith and after consultation with the Company's financial advisors and outside counsel, that the Acquisition Proposal is nonetheless a Superior Proposal and shall therefore reject Parent's offer, the Company shall pay to Parent the break-up fee payable to Parent under Section 9.4 as required thereunder. Each successive material amendment to any Acquisition Proposal shall constitute a new Acquisition Proposal for purposes of this Section 7.20 and shall thereby initiate an additional five Business Day period under this Section 7.20. 7.21.
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Opportunity to Bid. In the event that Infinite requires additional telecommunications services (including Internet-protocol-based Internet Services and traditional voice Internet Services), Infinite shall provide MCSP and its affiliates an opportunity to propose terms under which they could provide such Internet Services to Infinite. However, nothing contained herein shall be construed as prohibiting or limiting Infinite's right to conduct such activities as principal.
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Opportunity to Bid. TerreStar will use commercially reasonable efforts to provide Elektrobit with an opportunity to submit a bid or proposal in response to any request for proposal or request for quote that TerreStar may issue to other third parties for the purchase of End Products.
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Related to Opportunity to Bid

  • Opportunity to Review Customer declares that it has had sufficient opportunity to review this Agreement, understand the content of all of its sections, negotiate its terms, and seek independent professional legal advice before entering into it. Consequently, any statutory “form contract” (“adhesion contract”) regulations shall not be applicable to this Agreement.

  • Opportunity to Ask Questions You have had the opportunity to ask questions about the Company and the investment. All your questions have been answered to your satisfaction.

  • Opportunity to Cure The COUNTY may, at its sole discretion, provide the AGENCY with a Notice to Cure a breach of this Contract. If the AGENCY fails to cure the breach to the COUNTY’S satisfaction within the time provided in the Notice to Cure, the COUNTY may terminate this Contract for cause.

  • Opportunity to Defend The indemnifying party may elect to compromise or defend, at its own expense and by its own counsel, any Asserted Liability; provided, however, the indemnifying party may not compromise or settle any Asserted Liability without the prior written consent of the indemnified party (which consent will not be unreasonably withheld, conditioned or delayed) unless (i) such compromise or settlement requires no more than a monetary payment for which the indemnified party hereunder is fully indemnified and such settlement provides a complete release of, or dismissal with prejudice of, all claims against the indemnified party for all matters that were or could have been asserted in connection with such claim, or (ii) involves no other matters binding upon the indemnified party (other than obligations of confidentiality). If the indemnifying party elects to compromise or defend such Asserted Liability, it will within thirty (30) calendar days from receipt of the Claims Notice notify the indemnified party of its intent to do so, and the indemnified party will cooperate, at the expense of the indemnifying party, in the compromise of, or defense against, such Asserted Liability. If the indemnified party fails to cooperate, then each indemnifying party will be relieved of its obligations under this Section 6 only to the extent that such indemnifying party is prejudiced by such failure to cooperate. Unless and until the indemnifying party elects to defend the Asserted Liability, the indemnified party will have the right, at its option, to do so in such manner as it deems appropriate; provided, however, that the indemnified party will not settle or compromise any Asserted Liability for which it seeks indemnification hereunder without the prior written consent of the indemnifying party (which will not be unreasonably withheld, conditioned or delayed). The indemnifying party will be entitled to participate in (but not to control) the defense of any Asserted Liability that it has elected not to defend with its own counsel and at its own expense.

  • OPPORTUNITY TO DISCUSS The Investor has received all materials relating to the Company's business, finance and operations which it has requested. The Investor has had an opportunity to discuss the business, management and financial affairs of the Company with the Company's management.