Bid Prices definition

Bid Prices means the prices included in the Schedule of Prices, as specified in Clause 11 of the ITB.
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Bid Prices. Prices include all transportation fully prepaid by the vendor and shall remain firm for the duration of the contract. However, decreases should be passed along to the State. Any reduction in price may occur anytime during the contract period. The reduced price shall apply on all shipments made on or after the date the reduction price becomes effective. The State reserves the right to seek additional discounts from the contractor, or to contract separately for single purchase for a particular State project or other immediate use if, in the judgment of the Division of Procurement Services, the quantity required is sufficiently large to enable the State to realize a cost savings over and above the published contract prices, whether or not such a savings actually occurs.
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Examples of Bid Prices in a sentence

  • The short-run marginal cost takes generation Bid Prices and the physical aspects of the NYS Transmission System into account.

  • In lieu of any fractional shares to which the Holder would otherwise be entitled, the Maker shall pay cash equal to the product of such fraction multiplied by the average of the Closing Bid Prices of the Common Stock for the five (5) consecutive Trading Days immediately preceding the Conversion Date.

  • Rapid changes in Bid Prices and Ask Prices, however, may cause Customer’s Order to be executed before Customer can cancel it and ▇▇▇▇▇.▇▇▇ shall have no liability for any claims, losses, damages, costs or expenses, including attorneys’ fees, arising directly or indirectly out of the failure of such Order to be cancelled.

  • A = the average of the Closing Bid Prices of the Common Stock for the five (5) Trading Days immediately prior to (but not including) the Exercise Date.

  • In lieu of any fractional shares to which the Holder would otherwise be entitled, the Maker shall pay cash equal to the product of the fraction that would evidence such fractional shares multiplied by the average of the Closing Bid Prices of the Common Stock for the five (5) consecutive Trading Days immediately preceding the Conversion Date.

  • B = the average of the Closing Bid Prices of the shares of Common Stock (as reported by Bloomberg) for the five (5) consecutive Trading Days ending on the date immediately preceding the date of the Exercise Notice.

  • C = The lower of the two Closing Bid Prices of the Common Stock in the two days prior the time of such exercise (as such Closing Bid Price is defined in Section 16 herein), but in any event not less than $0.01 (which shall not be subject to adjustment for stock dividends, subdivisions, or combinations in the manner described in Section 2(a) herein).

  • Any remainder starting with the lowest Bid Prices shall be deemed to have been furnished, to the extent required, to other Participants under this Agreement to meet their shortages of Installed System Capability for the month.

  • To facilitate evaluation and comparison, UNDP will convert all Bid Prices expressed in the amounts in various currencies in which the Bid Prices are payable to US dollars at the official UN exchange rate on the last day for Submission of Bids.

  • As used herein, "Average Market Price" on any particular date means the arithmetic mean of the Closing Bid Prices (as defined below) for the Common Stock for each trading day in the five (5) trading day period ending on the trading day immediately preceding the date on which the calculation is to be made.