Highest Bid definition

Highest Bid means the highest bid on a property at the conclusion of the time limit for the Auction. A Bidder with the Highest Bid shall be required to purchase the property pursuant to this Agreement.
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Highest Bid means the Bid offered by Highest Bidder to Authority pursuant to Bid invited by Authority;
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Highest Bid means the highest bid in a British Auction that is followed by the Acceptance of bid.
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Examples of Highest Bid in a sentence

  • The Highest Bid among the eligible bidders for each CSC shall be awarded the work for that CSC.

  • In case of any bid being equal to or more than 5 (five) times the current Highest Bid for a particular Lot, this will be displayed by way of a WARNING on the Bidder's screen before he confirms/submits the bid.

  • Wherever the Highest Bid (H-1 Bid) is acceptable on confirmed basis or Subject to Approval (STA) basis, Sale Intimation Letter will be issued automatically by mjunction through e-Mail/SMS or any other mode felt necessary to the respective Highest Bidder.Bidders must, therefore, keep a watch on their incoming e-mail/SMS in this regard.

  • Qualified bidder offering Highest Bid Price (Premium Amount) shall be Preferred Bidder and will be issued the Letter of Award.

  • If, for whatever reason, the sale does not proceed with the Second Highest Bidder then, subject to these Rules of Tender, the Third Highest Bidder shall have the option, but not the obligation, to complete the purchase of the Subsidiary and the Tendered at the Highest Bid Price.

  • The Highest Bidder shall be entitled to complete the purchase of the Subsidiary and the Tendered Items at the Highest Bid Price.

  • Negotiations between the Agency and the Provisional Winning Bidder pertaining to the Share Sale Agreement shall be kept to a minimum and the Provisional Winning Bidder may not require the alteration of the Highest Bid Price, the Tendered Items nor require the material alteration of any representations and warranties or any other material terms of the Share Sale Agreement or related documents.

  • The Second Highest Bidder shall notify the Agency, in writing, within 3 Business Days of the Agency communicating its enquiry to Second Highest Bidder, whether the Second Highest Bidder wishes to complete the purchase of the Subsidiary at the Highest Bid Price.

  • Any offer or sale of conditional sale agreements, equipment trust certificates, or certificates of interest or participation therein or partial assignments thereof, covering the purchase of railroad rolling stock or equipment or the purchase of motor vehicles, aircraft, or parts thereof, in a transaction not involving any public offering.

  • Where the Third Highest Bidder does not wish to complete the purchase of the Subsidiary at the Highest Bid Price then section 11.8 shall apply.


More Definitions of Highest Bid

Highest Bid means the highest cash purchase offer for a Series received by Servicer pursuant to Section 12.1 of the Pooling Agreement.
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Highest Bid means the highest cash purchase offer for a Series received by Servicer pursuant to SECTION 12.1 of the Pooling Agreement.
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Highest Bid. As defined in Section 7.01(e).
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Highest Bid means the highest cash purchase offer for the Notes received by the Servicer pursuant to Section 9.05 of the Indenture.
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Highest Bid means the bid/rate which is the highest bid/rate among the last bid/rate placed
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Related to Highest Bid

  • Highest Bidder means the Bidder, who quotes the highest License Fees

  • Best Bid means the highest posted bid price of the Common Stock.

  • Lowest Evaluated Bid means a bid for goods, works and services having the lowest evaluated cost among the substantially responsive bids

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • Credit Bid means, an offer submitted by Agent (on behalf of the Lender group), based upon the instruction of the Required Lenders, to acquire the property of any Loan Party or any portion thereof in exchange for and in full and final satisfaction of all or a portion (as determined by Agent, based upon the instruction of the Required Lenders) of the claims and Obligations under this Agreement and other Loan Documents.

  • Decrement Bid means a type of Virtual Transaction that is a bid to purchase energy at a specified location in the Day-ahead Energy Market. A cleared Decrement Bid results in scheduled load at the specified location in the Day-ahead Energy Market.

  • BC Bid means the BC Bid website located at www.bcbid.ca;

  • bid means a written offer in a prescribed or stipulated form in response to an invitation by an organ of state for the provision of goods or services, through price quotations, advertised competitive bidding processes or proposals;

  • Highest Closing Price means the highest closing price for shares of Substitute Common Stock within the six-month period immediately preceding the date the Substitute Option Holder gives notice of the required repurchase of the Substitute Option or the Substitute Share Owner gives notice of the required repurchase of the Substitute Shares, as applicable.

  • Winning Bid Rate has the meaning specified in Section 11.10(d)(i) below.

  • Base Bid means a Bid for Public Works to be performed or Supplies or Services to be furnished under a City Contract, including additives, alternates, deductives, excluding force accounts, and taxes collected separately pursuant to Washington Administrative Code (“WAC”) 458-20-171.

  • Highest-level owner means the entity that owns or controls an immediate owner of the offeror, or that owns or controls one or more entities that control an immediate owner of the offeror. No entity owns or exercises control of the highest level owner.

  • Submitted Bid has the meaning specified in Section 11.10(d)(i) below.

  • Selected Bidder means the bidder who has been selected by DMRC, pursuant to the bidding process for award of license.

  • Qualified Bidder As defined in Section 7.01(c).

  • Winning Bidder With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

  • Designated Bidder means (a) an Eligible Assignee or (b) a special purpose corporation that is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and that issues (or the parent of which issues) commercial paper rated at least "Prime-1" (or the then equivalent grade) by Xxxxx'x or "A-1" (or the then equivalent grade) by S&P that, in the case of either clause (a) or (b), (i) is organized under the laws of the United States or any State thereof, (ii) shall have become a party hereto pursuant to Section 8.07(d), (e) and (f) and (iii) is not otherwise a Lender.

  • Price Bid means the Price Bid submitted by the Bidder, in accordance with Clause 8.15.2;

  • Contract base bid means the total dollar amount a contractor bids on a contract without factoring any bid incentive or percentage reductions to the bid amount.

  • FTR Portfolio Auction Value means for each customer account of a Market Participant, the sum, calculated on a monthly basis, across all FTRs, of the FTR price times the FTR volume in MW.

  • Permitted Bid means a Take-over Bid made by an Offeror by way of take-over bid circular which also complies with the following additional provisions:

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Price Differential with respect to any Transaction as of any date, the aggregate amount obtained by daily application of the Pricing Rate for such Transaction to the Purchase Price for such Transaction on a 360 day per year basis for the actual number of days during the period commencing on (and including) the Purchase Date for such Transaction and ending on (but excluding) the date of determination (reduced by any amount of such Price Differential previously paid by Seller to Buyer with respect to such Transaction);

  • Alternate Bid means multiple Bids with substantive variations from the same Bidder in response to a Solicitation.

  • Highest Lawful Rate means the maximum lawful interest rate, if any, that at any time or from time to time may be contracted for, charged, or received under the laws applicable to any Lender which are presently in effect or, to the extent allowed by law, under such applicable laws which may hereafter be in effect and which allow a higher maximum nonusurious interest rate than applicable laws now allow.

  • Ordinary Rate means the hourly rate of pay for the ordinary hours of work as listed in Appendix B. Ordinary Time Earnings for all purposes in this agreement has the same definition as defined by Superannuation Guarantee Ruling 2009/2. Without limiting the fullness of this definition, in summary and in the context of this agreement, this includes: