Common use of Qualified Bidder Clause in Contracts

Qualified Bidder. Prior to the Termination Date Dow will consider the ▇▇▇▇▇▇ Parties to be “qualified bidders” in respect of any publicly announced divestiture in which the ▇▇▇▇▇▇ Parties have expressed their written interest; provided, however, that Dow shall not be obligated to give any member of the ▇▇▇▇▇▇ group any preferential treatment or enter into any agreement with the ▇▇▇▇▇▇ Parties in connection with any such divestiture. For the avoidance of doubt, no preferential treatment shall be given to any bid submitted by the ▇▇▇▇▇▇ Parties in connection with any such divestiture and Dow shall retain the right, in its sole and absolute discretion, to enter into any agreement with any third party with respect to any such divestiture.

Appears in 3 contracts

Sources: Joint Venture Option Agreement, Joint Venture Option Agreement (Styron Canada ULC), Joint Venture Option Agreement (Trinseo S.A.)