Auction Tender definition

Auction Tender means an auction tender delivered by a Shareholder wishing to tender to the Offer in which the tendering Shareholder specifies the number of Shares being tendered at an Auction Price.
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Auction Tender means a deposit of Class A Subordinate Voting Shares made by a Class A Shareholder pursuant to the Offer where such Class A Shareholder specifies a deposit price (of not less than $76.50 and not more than $91.50 per Class A Subordinate Voting Share, in increments of $0.10 per Class A Subordinate Voting Share) at which such Class A Shareholder is willing to have all such Deposited Shares purchased by the Corporation;
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Auction Tender means an auction tender delivered by a Shareholder who wishes to accept the Offer pursuant to which the Shareholder agrees to sell to the Company a specified number of Shares owned by such Shareholder at a specified price per Share of not less than US$425.00 and not more than US$500.00 and in increments of US$5.00 within that range.
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Examples of Auction Tender in a sentence

  • Any intending bidder can contact the helpdesk on or before prior to 4 hours of the scheduled closing date & time of respective e- Auction/ Tender event.

  • If it is specified in TIS/ AITB that this is a Tender cum e-Reverse Auction Tender Process then, the e- Reverse Auction process shall be mandatorily conducted on the same portal after the financial bid opening (declaration of L-1 landed price/ s), provided the number of valid bidders is not less than the stipulated number (3 if not specified).

  • If it is specified in TIS/ AITB that this is a Tender cum e-Reverse Auction Tender Process then, the e-Reverse Auction process shall be mandatorily conducted on the same portal after the financial bid opening (declaration of L-1 landed price/ s), provided the number of valid bidders is not less than the stipulated number (3 if not specified).

  • In order to qualify for this preference, an Odd Lot Holder must properly tender, pursuant to an Auction Tender at a price at or below the Purchase Price or pursuant to a Purchase Price Tender, all Shares beneficially owned by such Odd Lot Holder.

  • Shares validly tendered pursuant to an Auction Tender will not be purchased if the price specified in the Auction Tender is greater than the Purchase Price.

  • The signature on the Forward Auction Tender documents (Letter of Interest & Annexure I, II & III) shall be deemed to be acceptance of all terms and conditions of sale and annexure and other documents forming part of the sale.

  • The same Shares cannot be tendered, unless previously properly withdrawn as provided in the Offer to Purchase, pursuant to both an Auction Tender and a Purchase Price Tender or pursuant to Auction Tenders at more than one price.

  • Auction Tender by a firm must be signed by each partner or a person holding a valid power of attorney which must be produced for inspections by Municipality.

  • Shares properly tendered pursuant to an Auction Tender will only be eligible for purchase if the price specified in the Auction Tender is equal to or less than the Purchase Price.

  • Stockholders who validly tender shares without specifying whether they are making an Auction Tender or Purchase Price Tender will be deemed to have made a Purchase Price Tender.


More Definitions of Auction Tender

Auction Tender. ’ means an auction tender delivered by Shareholders wishing to tender to the Offer in which the tendering Shareholders specify the number of Common Shares being tendered at a price per Common Share of not less than $5.50 and not more than $6.30 and in increments of $0.10 within that range.
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Auction Tender. ’ means an auction tender delivered by Shareholders wishing to tender to the Offer in which the tendering Shareholders specify the number of Shares being tendered at a price per Share of not less than $30.00 and not more than $35.00 and in increments of $0.10 within that range.
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Auction Tender means a tender delivered by Shareholders wishing to tender to the Offer in which the tendering Shareholders specify the number of Shares being tendered at a price per Share of not less than$3.80 and not more than $4.50 and in increments of $0.05 within that range.
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Auction Tender means a deposit of Shares made by a Shareholder pursuant to the Offer where that Shareholder specifies a minimum tender price (of not more than US$9.30 and not less than US$8.10 per Share, in increments of US$0.05 per Share) at which that Shareholder is willing to have all such Deposited Shares purchased by the Corporation;
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Related to Auction Tender

  • e-Tender means Bids / Quotation / Tender received from a Firm / Tenderer / Bidder online.

  • Bid/Tender means the Techno Commercial and the Price Bid submitted by the Bidder along with all documents/credentials/attachments, formats, etc., in response to this Bid Document, in accordance with the terms and conditions hereof.

  • Bidder/Tenderer means the interested Firm/ Company that may provide or provides related goods / services to any of the public/ private sector organization under the contract and have registered for the relevant business thereof.

  • The Tenderer means the individual or firm supplying the Goods under this Contract.

  • Approved tenderer means the tenderer who is approved by the Employer.

  • open tendering means a procurement method whereby all interested suppliers may submit a tender;

  • Successful Tenderer means the Tenderer declared technically and financially successful for the Project and with whom, the Contract Agreement shall be signed.

  • Request for Tender (RFT) means the document issued by the City to solicit submissions to provide goods, services or construction for the City.

  • Mandatory Tender with respect to a Mandatory Tender Event, means the mandatory tender of all VRDP Shares by Holders for Remarketing, or, in the event (i) no Remarketing occurs on or before the Purchase Date or (ii) pursuant to an attempted Remarketing, VRDP Shares remain unsold and the Remarketing Agent does not purchase for its own account the unsold VRDP Shares tendered to the Tender and Paying Agent for Remarketing (provided, that the Remarketing Agent may seek to sell such VRDP Shares in a subsequent Remarketing prior to the Purchase Date), for purchase by the Liquidity Provider at the Purchase Price pursuant to Section 2 of Part II of the Articles Supplementary and the VRDP Shares Purchase Agreement.

  • Request for Tender (RFT means the document(s) containing or referring to the Conditions of Tendering and Contract, the Annexure, Special Conditions of Contract (if any), Northern Territory Procurement Code, Scope of Services, Response Schedules, Drawings or Diagrams (if any) and any other document issued for the purposes of inviting tenders for the Services.

  • Open Tenders means the tenders invited in open and public manner and with adequate notice.

  • Invitation to Tender or "ITT" means the Invitation to Tender issued by the Authority on 14/11/2012;

  • Optional Tender means any tender of VRDP Shares by a Beneficial Owner or its Agent Member to the Tender and Paying Agent, other than a Mandatory Tender, for Remarketing or, in the event (i) no Remarketing occurs on or before the Purchase Date, or (ii) pursuant to an attempted Remarketing, VRDP Shares remain unsold and the Remarketing Agent does not purchase for its own account the unsold VRDP Shares tendered to the Tender and Paying Agent for Remarketing (provided that the Remarketing Agent may seek to sell such VRDP Shares in a subsequent Remarketing prior to the Purchase Date), for purchase by the Liquidity Provider pursuant to Section 2 of Part II of the Articles Supplementary and this Agreement.

  • Acceptable Tender means any Tender which, in all respects, complies with the conditions of Tender and specifications as set out in the Tender document, including conditions as specified in the Preferential Procurement Policy Framework Act (Act 5 of 2000) and the Supply Chain Management of Council.

  • Letter of Tender means the document entitled letter of tender or letter of tender, which was completed by the Contractor and includes the signed offer to the Procuring Entity for the Works.

  • Notice of Tender means, in connection with an Optional Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent, indicating an intention to tender VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • U.S. Legal Tender means such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts.

  • Legal tender means a medium of exchange, including specie, that is authorized by the United States Constitution or Congress for the payment of debts, public charges, taxes and dues.

  • Hostile Tender Offer means, with respect to the use of proceeds of any Note, any offer to purchase, or any purchase of, shares of capital stock of any corporation or equity interests in any other entity, or securities convertible into or representing the beneficial ownership of, or rights to acquire, any such shares or equity interests, if such shares, equity interests, securities or rights are of a class which is publicly traded on any securities exchange or in any over-the-counter market, other than purchases of such shares, equity interests, securities or rights representing less than 5% of the equity interests or beneficial ownership of such corporation or other entity for portfolio investment purposes, and such offer or purchase has not been duly approved by the board of directors of such corporation or the equivalent governing body of such other entity prior to the date on which the Company makes the Request for Purchase of such Note.

  • Acceptance of Tender means the letter or memorandum communicating to the supplier the acceptance of his offer (Tender) and shall include advance acceptance of his offer i.e. Letter of Intent or Rate Contract.

  • Notice Inviting Tender means the notice issued by a SNDB through publication in the newspapers or through electronic means for the purpose of inviting bids, or applications for pre-qualifications, or expression of interests, which may include Tender Notice, Invitation for Bids, Notice for Pre- qualifications or Request for Expression of Interests;

  • Form of Tender means the form of tender in Part C – Form of Tender to this ITT on which Tenderers are to complete their Tenders;

  • Auction Date means the first Business Day preceding the first day of a Dividend Period.

  • inter-dealer bond broker means a person or company that is approved by the Investment Industry Regulatory Organization of Canada under its Rule No. 36 Inter-Dealer Bond Brokerage Systems, as amended, and is subject to its Rule No. 36 and its Rule 2100 Inter-Dealer Bond Brokerage Systems, as amended from time to time;

  • Auction shall have the meaning specified in Section 2.1 hereof.

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.