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

  • Cost using material as specified of at least 25% recycled material, if available.It is the intent of the Commission to award bids which include recycled material when not prohibitive in cost and when in compliance with all other terms and conditions of the Alabama Competitive Bid Law.

  • Only one Competitive Bid Rate Loan may be outstanding at any time.

  • Competitive Bid Rate Loans shall be allotted to the bidding Banks in order of effective cost, starting from the lowest cost and rising to the highest cost acceptable to the Borrower.

  • The Administrative Agent shall promptly notify each Revolving Lender having submitted a Competitive Bid whether or not its Competitive Bid has been accepted and, if its Competitive Bid has been accepted, of the amount of the Competitive Loan or Competitive Loans to be made by it on the date of the applicable Competitive Borrowing.

  • Cost using material as specified of at least 25% recycled material, if available.It is the intent of the Commission to award bids which include recycled material when not prohibitive in cost and when all other terms and conditions of the Alabama Competitive Bid Law are complied with.


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 means an offer by a Lender to make a Competitive Loan pursuant to the terms of Section 2.2.
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 pursuant to Section 2.4 in the form of Exhibit E-3.
Competitive Bid has the meaning set forth in Section 2.02(c).
Competitive Bid means an offer by a Lender to make a Competitive Loan in accordance with Section 2.11.