THE BIDDING PROCESS Sample Clauses

THE BIDDING PROCESS. 1. The parties agree to membership in the Xxxxxx Insurance Trust.
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THE BIDDING PROCESS. 11.7.1 Information regarding the bidding process and the rules that govern it shall be published in a Bidding Guide produced by the Company in liaison with the Union.
THE BIDDING PROCESS. The Debtors shall (i) determine whether any person is a Qualified Bidder, (ii) coordinate the efforts of potential bidders in conducting their due diligence investigations, (iii) receive offers from potential bidders, and (iv) negotiate any offers made to purchase the Assets (collectively, the “Bidding Process”). Any person who wishes to participate in the Bidding Process and attend the Auction must be a Qualified Bidder. For all purposes of these Bidding Procedures, the Proposed Buyer shall be deemed a Qualified Bidder, and the Purchase Agreement shall be deemed (i) to include the Required Bid Documents meeting all of the requirements of these Bidding Procedures and (ii) to be a Qualified Bid, provided that any subsequent bids made by the Proposed Buyer at the Auction are in accordance with these Bidding Procedures. All rights of secured creditors under the Bankruptcy Code and the debtor-in-possession financing and factoring documents and orders entered in the Debtors’ Chapter 11 cases approving and ratifying such documents are preserved, and are not being modified, impaired or adversely affected by these Bidding Procedures.
THE BIDDING PROCESS. The Company and its advisors shall (a) determine whether any person is a Qualified Bidder (hereinafter defined), (b) coordinate the efforts of Qualified Bidders in conducting their due diligence investigations, (c) receive offers from Qualified Bidders, and (d) negotiate any offers made to purchase the Assets (collectively, the “Bidding Process”). Any person that wishes to participate in the Bidding Process must be a Qualified Bidder. Neither the Company nor its representatives shall be obligated to furnish information of any kind whatsoever to any person that is not determined to be a Qualified Bidder.
THE BIDDING PROCESS. It is understood and agreed that the bidding price for [__________] stock shall be determined in accordance with a "Dutch style auction," which for the purposes of this Agreement shall mean the following. Prior to the Offering Period, [__________] shall, at the time of listing on the Website, establish the number of shares to be offered and sold and the minimum acceptable bid price to [__________] for each share. The winning bid price to be paid by all bidders shall be the highest bid (the "Deciding Bid") received prior to the termination of the Offering Period at which [__________] is able to dispose of all the shares covered by the Offering; PROVIDED that such bid is greater than or equal to the minimum acceptable bid price as established by [__________]. Any bidder who bid in excess of the Deciding Bid shall be entitled to a refund of the excess over the Deciding Bid.
THE BIDDING PROCESS. Upon commencement of the Bidding Process and subject to your admission to the Bidding Process, you may submit your Bid. The Bid should contain the following information:
THE BIDDING PROCESS. It is understood and agreed that the bidding price for YAK stock shall be determined in accordance with a "Dutch style auction," which for the purposes of this Agreement shall mean the following. Prior to the Offering Period, YAK shall, at the time of listing on the Internet, establish the number of shares to be offered and sold and the minimum acceptable bid price to YAK for each share. The winning bid price to be paid by all bidders shall be the lowest priced bid from the group of the highest priced bids (the "Last Bid") included among successful offers for purchase upon the closing the of the auction, provided that such bid is greater than or equal to the minimum acceptable bid price as established by YAK. In the event any bid received is greater than the Last Bid, then such bidder shall be entitled to a refund of the excess over the Last Bid.
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Related to THE BIDDING PROCESS

  • Bidding Process 3.1. Bidding shall generally commence based on the sequence of the lot being shown on the PAH Website. However the Auctioneer has the right to vary the sequence without having to give prior notice to the intended bidders.

  • BIDDING PROCEDURE 1.1 Sealed bid, (formal and informal), subject to Instructions and General Conditions and any special conditions set forth herein, will be received in the office of the Purchasing Division, 440 So. 8th St., Lincoln, NE 68508, until the bid closing date and time indicated for furnishing Lancaster County, hereinafter referred to as “County”, the materials, supplies, equipment or services shown in the electronic bid request.

  • BIDDING PROCEDURES 4.1. Bidders have to login at EHSAN AUCTIONEERS SDN. BHD. Website using the same registered email 30 minute before Auction Time.

  • Ordering Process 6.4.1 CLEC, or CLEC's agent, shall act as the single point of contact for its End User Customers' service needs, including without limitation, sales, service design, order taking, Provisioning, change orders, training, maintenance, trouble reports, repair, post-sale servicing, Billing, collection and inquiry. CLEC's End User Customers contacting Qwest in error will be instructed to contact CLEC; and Qwest's End User Customers contacting CLEC in error will be instructed to contact Qwest. In responding to calls, neither Party shall make disparaging remarks about each other. To the extent the correct provider can be determined, misdirected calls received by either Party will be referred to the proper provider of local Exchange Service; however, nothing in this Agreement shall be deemed to prohibit Qwest or CLEC from discussing its products and services with CLEC's or Qwest's End User Customers who call the other Party seeking such information.

  • Offering Process In connection with the Offering, each of the Co-Managers will:

  • Hearing Procedures The hearing shall be conducted to preserve its privacy and to allow reasonable procedural due process. Rules of evidence need not be strictly followed, and the hearing shall be streamlined as follows:

  • NON-COLLUSIVE BIDDING REQUIREMENT In accordance with Section 2878 of the Public Authorities Law, if this Agreement was awarded based upon the submission of bids, Contractor warrants, under penalty of perjury, that its bid was arrived at independently and without collusion aimed at restricting competition. Contractor further warrants that, at the time Contractor submitted its bid, an authorized and responsible person executed and delivered to NYSERDA a non-collusive bidding certification on Contractor’s behalf.

  • Bidding Phase 3.5.1 OWNER will make Contract Documents available to Bidders. OWNER will determine cost and other terms. OWNER will direct bidding of Contracts (informal, formal, multiple or single prime construction contracts).

  • ORDERING PROCEDURES 6.1 If the Authority or any Other Contracting Body decides to source the Services through this Services Framework then each Contracting Body shall be entitled at any time, during the Term to place an order for the Services from the Supplier by serving an Order in accordance with Framework Agreement Schedule 5 (Ordering Procedure).

  • NEGOTIATING PROCEDURES 4.01 A request for professional negotiations shall be submitted in writing by the SHTA to the Board or its designated representative or by the Board’s designated representative to SHTA before April 1 of the year (approximately 90 calendar days) of the expiration of the existing Agreement. A copy of the notice shall be filed with the State Employment Relations Board. A mutually convenient meeting shall be held by April 15th in which both parties shall exchange negotiation packages which shall include additions to, deletions from or revisions of the existing agreement. No new items shall be introduced for negotiations during said negotiations except what may be mutually agreed upon by both negotiation teams.

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