Bidding Entity definition
Examples of Bidding Entity in a sentence
The Bidding Entity is a (type of legal entity e.g. individual, sole proprietor, partnership, corporation, nonprofit, estate, etc.).
In the event the Parent elects to so act, the Bidder Entities shall continue to be severally and jointly liable (Gesamtschuldner) with the Replacement Bidding Entity for any and all of its obligations under this Agreement and the Replacement Bidding Entity shall with no qualification accede to this Agreement and have, following such acquisition, have the same rights and obligations as the Bidder.
Transaction Fee – The fee charged by Petronect payable only by the User that is awarded a contract under a bidding process, which compensates in part the IT costs the Bidding Entity incurs in relation to the bidding process.
In case the Lead Member or Bidding Entity is holding equity through Affiliate/s or Parent, such restriction shall apply to such entities.
Pursuant to the Joint Bidding Cooperation Framework Agreement, Chongqing Merchants ▇▇ ▇▇▇▇▇ and Hongkong Land (Chongqing) shall (i) establish the Bidding Entity in the shareholding proportion of 51% and 49%, respectively and (ii) pay the Security Deposit in the amount of RMB187,618,800 and RMB180,261,200, respectively.
If the Convergence Bidding Entity fails to meet or maintain the requirements set forth in this Agreement and/or the CAISO Tariff, the CAISO shall be permitted to take any of the measures, contained or referenced in the CAISO Tariff, which the CAISO deems to be necessary to correct the situation.
If the Bidding Entity is a partnership, corporation, limited liability company, limited liability partnership or limited partnership, the name and street address of the agent is b.
The proceeds of the Loans, together ---------------- with the proceeds of the Initial Equity Contributions and the Subordinated Debt, if any, will be 124 used only to fund capital expenditures related to the construction of the Network, the acquisition of Related Businesses (including acquisitions permitted by Section 6.05(m)), working capital needs of the Borrower, the investment in the Bidding Entity permitted by Section 6.05(i) and subscriber acquisition costs.
Section 14.1 of the CAISO Tariff shall be incorporated by reference into this Agreement except that all references in Section 14.1 of the CAISO Tariff to Market Participants shall be read as a reference to the Convergence Bidding Entity and references to the CAISO Tariff shall be read as references to this Agreement.
In the event that the Bidding Entity successfully wins the bidding in respect of the land use right of the Land, the Parties agree to establish a joint venture company in the PRC to acquire, hold and develop the Land.