Competitive Bid definition

Competitive Bid means a bid in terms of a competitive bidding process;
Competitive Bid means an offer by a Lender to make a Competitive Loan pursuant to Section 2.03.
Competitive Bid means an offer by a Lender to make a Competitive Loan in accordance with Section 2.04.

Examples of Competitive Bid in a sentence

  • Promptly following receipt of a Competitive Bid Request in accordance with this Section, the Administrative Agent shall notify the Lenders of the details thereof by telecopy, inviting the Lenders to submit Competitive Bids.

  • Any such submission of a corrected Competitive Bid shall constitute a revocation of the Competitive Bid that contained the manifest error.

  • No ABR Loan shall be requested in, or made pursuant to, a Competitive Bid Request.

  • Each such telephonic Competitive Bid Request shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Competitive Bid Request in a form approved by the Administrative Agent and signed by the Borrower.

  • A Competitive Bid submitted by a Lender pursuant to this paragraph (b) shall be irrevocable.


More Definitions of Competitive Bid

Competitive Bid means a written offer by a Lender to make one or more Bid Loans, substantially in the form of Exhibit B-2, duly completed and signed by a Lender.
Competitive Bid means an offer by a Bank to make a Bid Loan in accordance with subsection 2.06(c).
Competitive Bid an offer by a Lender, in the form of Exhibit H, to make one or more Competitive Bid Loans.
Competitive Bid means an offer by a Lender to make a Competitive Loan substantially in the form of Exhibit 2.04-C.
Competitive Bid means an offer by a Lender to make a Competitive Bid Loan in accordance with Section 2.5.
Competitive Bid means an offer by a Lender to make a Competitive Loan pursuant to Section 2.4 in the form of Exhibit E-3.
Competitive Bid means a written offer by a Lender to make one or more Bid Loans, substantially in the form of Exhibit B-2 hereto, duly completed and signed by a Lender.