Eligible Bidder(s) definition

Eligible Bidder(s) means Bidder(s) who are eligible in terms of this E-Auction Process Memorandum, provisions of IBC and provisions of the Liquidation Process Regulations;

Eligible Bidder(s) means the Bidder who, after evaluation of their Technical Bid as per Eligibility Criteria, stand qualified for opening and evaluation of Financial Bid;

Eligible Bidder(s) means a Bidder who fulfils the eligibility criteria listed out in the E-Auction Process Information Document to the satisfaction of the Liquidator;

Examples of Eligible Bidder(s) in a sentence

• Name of Eligible Bidder(s) will be identified and conveyed by Liquidator to participate in online e-auction on the portal https://ncltauction.auctiontiger.net.

• The Liquidator may provide assistance necessary for the conduct of physical verification of the Asset by Eligible Bidders.

• Eligible Bidders shall preserve the remittance challan and shall produce the same in front of the Liquidator as and when demanded.All payments made by the bidder under the e-auction shall be intimated to the Liquidator on auction.shel@gmail.com However, the credit to the bank account should be made on or before 16th September 2020 up to 5.00 P.M. No interest will be paid to the Bidders/Eligible Bidders in relation to any such amounts mentioned above.

• Only upon verification of the Bid Form and confirmation of remittance of EMD, the Eligible Bidder(s) will be declared and thereafter, permitted to access the Platform for bidding for a particular Property.

• The Eligible Bidders, participating in the E-Auction, will have to bid for at least the Reserve Price, and increase their bid by a minimum incremental amount as mentioned in the table above.

More Definitions of Eligible Bidder(s)

Eligible Bidder(s) means an Interested Bidder who is found to be eligible by the Liquidator in accordance with the eligibility conditions set forth in Page No. 14 of this Sale Process Memorandum but has not yet submitted the requisite Earnest Money to the Liquidator and who is not yet accepted by the Liquidator as a Qualified Bidder;

Eligible Bidder(s) means a Bidder who is qualified as per the eligibility requirement pursuant to this RfP and is called for Reverse Auction process;

Eligible Bidder(s) means Bidder(s) who are eligible in terms of this E-Auction Process Information Document, provisions of IBC and provisions of the Liquidation Process Regulations and deposited the Refundable Participation Deposit as specified;

Eligible Bidder(s) means Bidder(s) who are eligible in terms of this E-Auction Process Information Document, provisions of IBC and provisions of the Liquidation Process Regulations and who deposited the Interest free Refundable Participation Deposit of Rs.10,00,000/- as specified in this document along with EOI;

Eligible Bidder(s) means the Applicant(s) who are eligible to submit Bid(s) in terms of this Process Memorandum, provisions of IBC and provisions of the Liquidation Process Regulations;

Eligible Bidder(s) means the Seller, the Servicer, the Special Servicer, the Advancing Agent or any of their respective affiliates, any Holder of the Notes or Preferred Shares or any of their respective affiliates, or any third party prospective purchaser that, as part of its business, engages in the buying and selling of commercial mortgage loans of a type similar to the Collateral Interests.

Eligible Bidder(s) means Bidder(s) who are eligible in terms of this Process Memorandum, provisions of IBC and provisions of the Liquidation Process Regulations and other applicable law, and so declared by the Liquidator.