EMD definition
EMD means Earnest Money Deposit.
EMD means the amount submitted by a Bidder to OMC for participating in the Bidding Process, in terms of Clause 8.7;
EMD means the amount submitted by a Bidder to Sports and Youth Services Department, Government of Odisha for participating in the Bidding Process, in terms of the below clause.
Examples of EMD in a sentence
Security Deposit (SD) The successful Contractor whose tender is accepted by the Bank shall be bound to deposit a sum equivalent to 5% of accepted “Annual Contract Value” including EMD as Security Deposit (SD) in the form of Banker’s Cheque/demand draft/FDR issued by any Nationalized/Scheduled Bank favouring “Regional Manager, State Bank of India, Regional Business Office-1, Jabalpur” payable at Jabalpur 5.
In case of breach, the SBI shall be at liberty to serve notice and rescind the contract along with forfeiting of the EMD (i.e. security deposit) and invoke the bank guarantee / performance guarantee if required.
More Definitions of EMD
EMD means Earnest Money Deposit, without interest.
EMD means Earnest Money Deposit being the amount to be deposited by the bidder to NIC in the form of BG/Demand Draft along with the bid.
EMD means Earnest Money Deposit required by the E-Auction Process Participant to deposit with the Liquidator as the security before being eligible to bid for the assets of the company in E-Auction. EMD shall be deposited in accordance with the terms set out in this E- Auction Process Information Document in compliance with IBC and other applicable laws.
EMD means Earnest Money Deposit which is required to be Paid as per the prevailing terms and conditions of RFP.
EMD means Earnest Money Deposit. The Owner takes this amount to check the earnestness/seriousness of the tenderers in case they are selected as winners.
EMD means the form and manner stipulated in the RFP.
EMD means the refundable amount to be submitted by the shortlisted Bidder (Bidder) along with RFP documents to CMRL.