Binding Bids definition

Binding Bids means bids submitted by Shippers for Incremental Capacity in an ICAM which are not subject to any conditions;
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Binding Bids has the meaning set forth in Section 4.12.
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Binding Bids has the meaning given to it in the bid document submitted by the New Shipper specifying the New Shipper’s bid for capacity at the Terminal in response to and in accordance with the Auction Notice issued by GLNG);
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Examples of Binding Bids in a sentence

  • Lodgement of submissions closed on 7 November 2008 and the following Proponents submitted Binding Bids for the SEQ Schools PPP Project.

  • In such a case the final allocation and communication to the relevant Applicant respecting confidentiality of the results shall be done and notified by each of the Parties till 12:00 CET 19th of May 2015 (“Final Allocation”) which is the binding acceptance of the Binding Bids.

  • In such a case the final allocation and communication to the relevant Applicant respecting confidentiality of the results shall be done and notified by each of the Parties till 14:00 CET 05th of June 2015 (“Final Allocation”) which is the binding acceptance of the Binding Bids.

  • The final allocation and publication to the relevant Applicant respecting keeping the confidentiality of results shall be done and notified by each of the Parties by the closing of the Auction Platform or in case of pro-rata allocation till 12:00 CET 19th of May 2015 (“Final Allocation”) which is the binding acceptance of the Binding Bids.

  • In such a case the final allocation and communication to the relevant Applicant respecting confidentiality of the results shall be done and notified by each of the Parties till 13:00 CET 07th of May 2015 (“Final Allocation”) which is the binding acceptance of the Binding Bids.

Related to Binding Bids

  • Closing Bid Price and “Closing Sale Price” means, for any security as of any date, the last closing bid price and last closing trade price, respectively, for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing bid price or the closing trade price, as the case may be, then the last bid price or the last trade price, respectively, of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last closing bid price or last trade price, respectively, of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing do not apply, the last closing bid price or last trade price, respectively, of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no closing bid price or last trade price, respectively, is reported for such security by Bloomberg, the average of the bid prices, or the ask prices, respectively, of any market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Closing Bid Price or the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Bid Price or the Closing Sale Price, as the case may be, of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 12. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Non-bid Basis means a contract awarded or executed by the Commonwealth with Contractor without seeking bids or proposals from any other potential bidder or offeror.