CfD Reverse Auction definition
CfD Reverse Auction means a reverse auction process run by or on behalf of the Second Party in accordance with rules determined by the Second Party, pursuant to which eligible suppliers and operators of the Vessel may bid to receive pricing support with respect to the supply and operation of the Vessel, pursuant to an agreement such as the Proposed Agreement;
CfD Reverse Auction means a reverse auction process run by or on behalf of the Second Party in accordance with rules determined by the Second Party, pursuant to which eligible users of Net-Zero Carbon Shipping Fuel may bid to receive pricing support with respect to the use of Net-Zero Carbon Shipping Fuel, pursuant to an agreement such as the Proposed Agreement;