Bonus Bid definition

Bonus Bid means a bonus bid described in Section 103(1)(d) of the Act; “Bonus Offer” means a bonus offer described in Section 103(2) of the Act;

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Bonus Bid means a bonus bid described in section 103(1)(d) of the Act;

Bonus Bid means the dollar amount offered, to be paid one time only, over and above the periodic rent or the share of the crop.

Examples of Bonus Bid in a sentence

• If any governmental agency, beyond the control of Purchaser, its agents or its employees, prohibits harvesting on legal harvest days during the term of this Right of Entry, Purchaser’s sole remedy shall be a refund of a portion of the Bonus Bid calculated in accordance with Section 6.2(a).

• State shall not be liable for any damages arising from a suspension to investigate or nor shall any refunds of Bonus Bid pursuant to Section 6 of this Right of Entry be due for such a suspension.

• If the actions of a governmental agency, beyond the control of Purchaser, its agents or its employees, prohibit harvesting on legal harvest days during the term of this contract, Purchaser shall be entitled to a refund of a portion of the Bonus Bid equal to the amount of the Bonus Bid divided by the number of legal harvest days included within the term of this contract multiplied by the number of lost harvest days.

• Item Rate Units (e.g., $/m3, $/ha, $/tree, etc.) Comments Upset Stumpage / Royalty $8.74 $/m3 Bonus Bid $/m3 Stumpage TBD $/m3 Stumpage will be added to the Royalty and Bonus Bid Residue Stumpage rate $/m3 Residue will be determined based on field scale of merchantable volume left behind.

• If Purchaser elects to terminate this contract under Section 11(c) of this contract, Purchaser shall be reimbursed for any advance payments made for geoducks not yet harvested, exclusive of the Bonus Bid.

• If Purchaser elects to terminate, a portion of the Bonus Bid will be reimbursed based upon the percentage of the Harvest Ceiling Purchaser has not harvested.

• The amount of the Bonus Bid to be refunded shall be subject to the Maximum Refund Total provided in Section 11(e) of this contract.

• To the extent that DNR’s actions constitute a breach and specifically and directly prevent Purchaser from harvesting geoducks, Purchaser shall be entitled to seek reimbursement of any prepayments, and reimbursement of a portion of the Bonus Bid based upon the percentage of the original Harvest Ceiling pounds of geoduck identified in Clause 2 that Purchaser was prevented from harvesting.

• The Maximum Refund Total shall be the dollar amount of the Bonus Bid divided by the total poundage of geoduck in the Harvest Ceiling and multiplied by the poundage of geoduck in the Harvest Ceiling that Purchaser has not harvested.

• The Bonus Bid reimbursement shall be the dollar amount of the Bonus Bid divided by the total poundage of geoduck in the Harvest Ceiling and multiplied by the poundage of geoduck in the Harvest Ceiling that Purchaser has not harvested.

More Definitions of Bonus Bid

Bonus Bid means a bid

Bonus Bid means a payment by the buyer to the lessor at the time of sale as part of the consideration for acquisition of an oil and gas lease.

Bonus Bid means a bonus bid described in section 103(1)(d) of the Act, “Bonus Offer” means a bonus offer described in section 103(2) of the Act, “Chipped” means having been cut into small pieces by a chipper,

Bonus Bid means a payment by the buyer to the lessor at the time of sale as part of the consideration for acquisition of a metallic minerals lease.