Qualified Bidders Sample Clauses

Qualified Bidders. All bidders must be merchants dealing in the goods and services on which they bid, and must be qualified to advise as to their application and use. Bidders warrant, and must be able, upon request, to demonstrate, that they possess the knowledge, experience, skill, capital, stock, charters, licenses, permits, patents and personnel necessary to satisfactorily perform the contract for which they submit bids.

Qualified Bidders. Unless otherwise ordered by the Bankruptcy Court, for cause shown, or as otherwise determined by the Seller, in order to participate in the Bidding Process, each Person other than the Purchaser (a "Potential Bidder") must deliver (unless previously delivered) to the Seller: (i) An executed confidentiality agreement customary for transactions of this type, in form and substance satisfac tory to the Seller; (ii) Current audited financial statements of the Potential Bidder, or, if the Potential Bidder is an entity formed for the purpose of acquiring the Acquired Assets and the Business, current audited financial statements of the equity holders of the Potential Bidder who shall guarantee the obligations of the Potential Bidder, or such other form of financial disclosure and credit-quality support or enhancement acceptable to the Seller and its financial advisors; and (iii) A preliminary (non-binding) proposal regarding (a) the purchase price range, (b) any assets and/or equity interests expected to be excluded, (c) the structure and financing of the transaction (including, but not limited to, the sources of financing for the Cash Purchase Price and the requisite Financial Assurance), (d) any anticipated regulatory approvals required to close the transaction, the anticipated time frame and any anticipated impediments for obtaining such approvals, (e) any conditions to closing that it may wish to impose in addition to those set forth in this Agreement, and (f) the nature and extent of additional due diligence it may wish to conduct and the date by which such due diligence will be completed. A Potential Bidder that delivers the documents described in subparagraphs (i), (ii) and (iii) above and whose financial information and credit-quality support or enhancement demonstrate the financial capability of the Potential Bidder to consummate the sale, if selected as a successful bidder, and that the Seller determines is likely (based on availability of financing, experience and other considerations) to be able to consummate the sale within the time frame provided by this Agreement shall be deemed a "Qualified Bidder." Notwithstanding the foregoing, the Purchaser shall be deemed a Qualified Bidder for purposes of the Bidding Process. As promptly as practicable after a Potential Bidder delivers all of the materials required by subparagraphs (i), (ii) and (iii) above, the Seller shall determine, and shall notify the Potential Bidder in writing, whether the Potential Bidd...

Qualified Bidders. In order to participate in the Auction, a Registered Bidder must first become a Qualified Bidder. In order to become a Qualified Bidder, a Registered Bidder must log into the bidder’s Bidding Account and select the Auction from the calendar page, whereupon the Registered Bidder must (i) review and acknowledge all documents pertinent to the Auction, (ii) verify that their suitability profile includes objectives and an investment time horizon that are consistent with an investment in the Securities and (iii) authorize and direct the broker/dealer through which they will hold the Depositary Shares won in the Auction, which broker/dealer may or may not be the Auction Agent, to update their suitability profile, if necessary, to include the appropriate objectives and investment time horizon, by following the procedures outlined in the Auction Document. No Qualified Bidder shall be obligated to submit a bid in the Auction. The Auction Agent shall oversee the qualification of Registered Bidders in the Auction. Registered Bidders will be allowed to become Qualified Bidders on the Website as soon as practicable subsequent to the Issuer’s filing of the Auction Document with the SEC.

Qualified Bidders. Bids may be accepted from manufacturers and/or factory authorized dealers who are able and willing to provide responsive service to the ordering agency during the warranty period and the extended warranty period if required. Bidders must be in a position to offer the lowest cost/highest effectiveness, completely assembled units meeting or exceeding the minimum specifications contained herein. When additional equipment (components) are required to complete a bid package which is not normally supplied by the bidder, such equipment shall be supplied by an authorized equipment supplier but shall be the full responsibility of the bidder. Successful vendor should be an authorized dealer and be a physically established dealership with parts and service facilities in New Mexico, with O.E.M. certified mechanics qualified to repair and service all aspects of engine and powertrain components. Awarded vendors are required to submit an annual sales activity report for each item (unit) sold on this Price Agreement. The report shall include the procuring agency name, brief description of units sold, and the total amount subtotaled by processing agency name. The annual sales activity report shall be submitted to the New Mexico State Purchasing Division (NMSPD) along with the annual extension memorandum, at time of renewal.

Qualified Bidders. The Petitioners shall apply the Purchase Bid Criteria and the Investment Bid Criteria (collectively, the “Bid Criteria”), as applicable, and consider each of the ▇▇▇▇ and determine whether the Prospective Bidder that submitted the LOI will be permitted to submit a Binding Offer (as defined below) and pursue a transaction on the terms set out in the applicable LOI. Any such Prospective Bidder shall be designated in writing by the Petitioners as a qualified bidder (each a “Qualified Bidder”). Following consultation by the Agent with the SISP Team, any Prospective Bidder that the Agent reasonably requests the Petitioners designate as a Qualified Bidder, will also be designated by the Petitioners as a Qualified Bidder. Prospective Bidders will be advised by the Petitioners on or before January 31, 2015, if they have been designated as a Qualified Bidder, and will thereafter be provided an opportunity to complete their due diligence and submit a binding offer to purchase the Sale Assets or invest in the Petitioners (a “Binding Offer”). Prospective Bidders not identified as Qualified Bidders by January 31, 2015 will no longer be able to participate in the SISP or continue to have access to any confidential material in connection therewith.

Qualified Bidders. Bids may be accepted from vendors and/or factory authorized dealers who are able and willing to provide responsive service to the County. Bidders must be in a position to offer the lowest cost/highest effectiveness, completely meeting all established state and federal regulations or exceeding the minimum specifications contained herein. When additional equipment (components) are required to complete a bid package which is not usually supplied by the bidder, such equipment shall be supplied by an authorized equipment supplier, but shall be the full responsibility of the bidder. All bidders may be required to include references from three (3) or more places of business that these items were sold to.

Qualified Bidders. Qualified Bidders must have:

Qualified Bidders