Winning Bid Clause Samples
Winning Bid. The winning bid is the highest yielding bona fide bid (determined net of any broker’s fees).
Winning Bid. The results of each Competitive Bidding Procedure will be determined independently. The bid that will be considered the winner of each one of the Competitive Bidding Procedures must observe the following (“Winning Bid”):
(i) For the Competitive Bidding Procedure involving UPI Towers, the Winning Bid shall be the highest bid submitted, observing the respective Minimum Price and without prejudice to the provisions in Clauses 5.3.9.2.3, 5.3.9.2.
Winning Bid. The Company will close the Product Transfer (the “Product Closing”) with Bayer or the Third Party providing the Winning Bid (the “Winning Bidder”) as soon as practicable following the satisfaction of the Antitrust Condition (if applicable to such Product Transfer) and any other approvals of any Governmental Authority applicable to such Product Transfer. The Winning Bidder and the Company will enter into a Product Transfer Agreement substantially on the terms as set forth in the Winning Bid, which Product Transfer Agreement will also include non-commercial and non-financial terms and conditions typical in the industry for similar types of Transfer agreements which the Applicable Directors reasonably consider to be appropriate. At the Product Closing, so long as Bayer is not a party to such transaction, Bayer will use [***] efforts to assist the Company in completing such Product Transfer, including, subject to Applicable Law and the exercise of fiduciary duties, to cause its designated Directors to approve such Product Transfer and any related transactions (if such approval is required). In connection with any such Product Transfer, the Company and Bayer will comply with the covenants set forth in Exhibit B. If the Antitrust Condition is not satisfied, the Board will determine in its discretion the process for effecting an alternative transaction with respect to the applicable Product Transfer.
Winning Bid. The winning bid of the Auction shall be the highest bid made by You and accepted by Origin at the Auction. The winning bid shall be final and once accepted by Origin shall bind You to the purchase of the TTT NFT.
Winning Bid. Subject to any additional terms set forth on the NFT Services in connection with an applicable Auction, the Winning Bid will be the highest Bid accepted for a Lot on the close of the Lot. This means that, subject to ▇▇▇▇▇’ reservation of right as set forth hereunder, the sale contract is concluded on the close of a Lot, whereupon you become liable to pay the full Purchase Price.
Winning Bid. The Buyer that entered the Winning Bid will consummate the purchase of the item within the time specified in the terms and conditions for the Selling Event. Each Selling Event will have specifically defined accepted forms of payment. The successful bidder will be required to sign a Post-Sale Agreement (▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/documents/PSA.pdf) following the sale and all risk of loss shall pass to Buyer at that time.
Winning Bid. The Company will close the Product Transfer (the “Product Closing”) with Bayer or the Third Party providing the Winning Bid (the “Winning Bidder”) as soon as practicable (a) following the determination of the Winning Bid or (b) following the satisfaction of the Antitrust Condition (if applicable to such Product Transfer) and any other approvals of any Governmental Authority applicable to such Product Transfer. The Winning Bidder and the Company will enter into a Product Transfer Agreement substantially on the terms as set forth in the Winning Bid, [**]. At the Product Closing, each Investor not a party to such transaction will use reasonable best efforts to assist the Company in completing such Product Transfer, including to require its designated Managers to approve such Product Transfer and any related transactions (if such approval is required). In connection with any such Product Transfer, the Company and each Investor, as applicable, will comply with the covenants set forth in Exhibit B. If the Antitrust Condition is not satisfied, the Board will determine in its discretion the process for effecting an alternative transaction with respect to the applicable Product Transfer.
