Independent Bid definition

Independent Bid means a firm bid for the full amount of the relevant Portfolio Investment from an Independent Broker-Dealer.
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Independent Bid has the meaning specified in Section 11 hereof.
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Independent Bid means an order, other than a Special Terms Order, to buy entered on a marketplace by or on behalf of a person who is not involved in the distribution.
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Examples of Independent Bid in a sentence

  • MBD 9 : Certificate of Independent Bid Determination(5) Official Tender Form(6) Additional Schedules, Forms, or Certificates5.

  • Tenderers must submit a Certificate of Independent Bid Determination (MBD 9), Preference Points Claim Form (MBD 6.1) and original or originally certified B-BBEE certificate or Affadavit with the quotation.

  • Certificate of Independent Bid Determination: Section 4(1)(b)(iii) of the Competition Act No. 89 of 1998, as amended, prohibits an agreement between, or concerted practice by, firms if it involves collusive tendering or tender rigging.

  • Annexure “B”: Certificate of Independent Bid Determination must be completed in full and signed by the bidder (MBD9).

  • If BOTH DOCUMENTS are not attached, 0 points will be given for preference.YESNOMBD 8 - Declaration of Bidder’s Past Supply Chain Management Practises NOTE: Municipal account/ lease agreement of the bidding entity and its Directors must be attached.YESNOMBD 9 - Certificate of Independent Bid DeterminationYESNOOriginal or originally certified B-BBEE certificate or affidavitYESNOCompany registration documents- CIPCYESNO COMPANY NAME: ………………………………………………………………………………..

  • Invitation to Bid • Authority to sign • Detailed quotation • SBD 3.3 Pricing Schedule • SBD 4: Declaration of Interest • SBD 6.1Preference Points Claim Form in terms of preferential procurement • SBD 8: Declaration of Bidder’s Past SCM Practices • SBD 9: Certificate of Independent Bid Determination • General Conditions of Contract (GCC) Failure to comply with the above pre-qualification requirements will lead to the disqualification of the bid.

  • Invitation to Bid • Authority to sign • SBD 3.1 Pricing Schedule • SBD 4: Declaration of Interest • SBD 6.1Preference Points Claim Form in terms of preferential procurement • SBD 8: Declaration of Bidder’s Past SCM Practices • SBD 9: Certificate of Independent Bid Determination • General Conditions of Contract (GCC) Failure to comply with the above pre-qualification requirements will lead to the disqualification of the bid.

  • FORM OF BID - General Declaration FORM “B” - Declaration of InterestFORM “C - Declaration for Procurement above R10 Million (if applicable) FORM “D” - Declaration of Bidder’s Past SCM PracticesFORM “E” - Certificate of Independent Bid DeterminationFORM “F” - Declaration Certificate for Local Production and Content (if applicable) FORM “G” - Declaration for municipal accountsFORM “H” - Declaration for municipal accounts where bids are expected toexceed R10 millionNOTE: 1.

  • Invitation to Bid • Authority to sign • Detailed quotation • SBD 3.3 Pricing Schedule • SBD 4: Declaration of Interest • SBD 6.1Preference Points Claim Form in terms of preferential procurement • SBD 8: Declaration of Bidder’s Past SCM Practices • SBD 9: Certificate of Independent Bid Determination • General Conditions of Contract (GCC) Failure to comply with the above pre-qualification requirements, will lead to the disqualification of the bid.

  • MBD 9: Certificate of Independent Bid Determination(5) Official Tender Form(6) Additional Schedules, Forms, or Certificates5.


More Definitions of Independent Bid

Independent Bid means a bid entered on a marketplace by or on behalf of a Participant or a client of a Participant that is not involved in the distribution.
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Independent Bid means an order, other than a special terms order, to buy entered on a marketplace by or on behalf of a person who is not a dealer-restricted person or an issuer-restricted person;
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Independent Bid means a Bid made for sale of a Project in a single year covered by the Request for Proposals (2022, 2023, 2024, and/or 2025) that is not dependent on a Bid for sale of a Project at the same Site in a different year.
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Independent Bid means a firm bid for the full amount of the relevant Portfolio Investment from an Independent Broker-Dealer. "Independent Broker-Dealer" means any of the following (as such list may be revised from time to time by mutual written agreement (which may be by email) of the Company and the Administrative Agent): Bank of America/Xxxxxxx Xxxxx, Bank of Montreal, Barclays Bank plc, BNP Paribas, Citibank, N.A., Credit Suisse AG, Deutsche Bank AG, Xxxxxxx Sachs & Co., Xxxxxx Xxxxxxx & Co., Nomura Securities, Royal Bank of Canada, Royal Bank of Scotland, UBS AG, Xxxxx Fargo Securities and any Affiliate of any of the foregoing, but in no event including the Company or any Affiliate of the Company. "Ineligible Investment" means, from time to time, any Portfolio Investment that fails, at such time, to satisfy the Eligibility Criteria; provided, that, with respect to any Portfolio Investment for which the Administrative Agent has waived one or more of the criteria set forth on Schedule 3 pursuant to Section 1.03 in its Approval of such Portfolio Investment, the Eligibility Criteria in respect of such Portfolio Investment shall be deemed not to include such waived criteria at any time after such Approval and such Portfolio Investment shall not be considered an "Ineligible Investment" by reason of its failure to meet such waived criteria. "Information" means all information received from the Company or the Investment Manager relating to the Company or its business or any obligor in respect of any Portfolio Investment. "Interest Payment Date" means March 24, June 24, September 24 and December 24 of each year during the term of this Agreement or if such date is not a Business Day, then the succeeding Business Day commencing March 24, 2016.
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Related to Independent Bid

  • Independent study means a subject/program/activity that a person pursues autonomously that meets standards for approval criteria in the rules and includes a posttest.

  • Independent Person means a person appointed under section 28(7) of the 2011 Act;

  • Independent student means one whose parents have surrendered the right to his care, custody and

  • Independent Auditors has the meaning set forth in Section 3.2.

  • Independent Inspector means a qualified third-party petroleum inspection contractor acceptable to both parties providing petroleum sampling, measurement and other services before, during and after a Delivery.

  • Independent Valuation Provider means any of Xxxxxxx & Marsal, Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Capital, Inc., Duff & Xxxxxx LLC, Xxxxxx, Xxxxxx and Company, Lincoln Partners Advisors, LLC, Xxxxx Xxxxxx Xxxx, LLC and Valuation Research Corporation and Xxxxx, or any other Independent nationally recognized third-party appraisal firm selected by the Administrative Agent, and reasonably acceptable to the Borrower.

  • Independent Appraiser means a nationally recognized or major regional investment banking firm or firm of independent certified public accountants of recognized standing (which may be the firm that regularly examines the financial statements of the Issuer) that is regularly engaged in the business of appraising the Capital Stock or assets of corporations or other entities as going concerns, and which is not affiliated with either the Issuer or the Holder of any Warrant.

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

  • Independent Auditor has the meaning specified in subsection 7.01(a).

  • Independent Firm means a recognized law or accounting firm, provided however, that such term shall not include any accounting firm that performs or has preformed audit services with respect to ALLETE or ADESA.

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

  • 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.

  • Independent Valuation has the meaning set forth in Section 1.68(d).

  • Approved Valuation Firm means, with respect to any Collateral Obligation, each of (a) Xxxxxx Xxxxxx, (b) Xxxxxxxx Xxxxx, (c) Lincoln International LLC, (d) Duff & Xxxxxx and (e) any other nationally recognized valuation firm approved by the Borrower and the Facility Agent.

  • Independent Verification means that an evaluation is undertaken and reported by an individual or body whose organisation, systems and procedures conform to ISO Guide 65:1996 (EN 45011:1998) General requirements for bodies operating product certification systems (as amended form time to time) or equivalent, and who is accredited to audit against forest management standards by a body whose organisation, systems and procedures conform to ISO 17011: 2004 General Requirements for Providing Assessment and Accreditation of Conformity Assessment Bodies (as amended from time to time) or equivalent.

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

  • Independent Evaluator A person empowered, pursuant to Section 23.5 (Failure to Reach Agreement) and Section 23.10 (Dispute) of this Agreement, to resolve disputes due to failure of the Parties to agree on a Performance Standards Revision Document.

  • Independent Adviser means an independent financial institution of international repute or other independent financial adviser experienced in the international debt capital markets, in each case appointed by the Issuer at its own expense;

  • Take-over Bid means an Offer to Acquire Voting Shares or Convertible Securities, if, assuming that the Voting Shares or Convertible Securities subject to the Offer to Acquire are acquired and are Beneficially Owned at the date of such Offer to Acquire by the Person making such Offer to Acquire, the Voting Shares Beneficially Owned by the Person making the Offer to Acquire would constitute in the aggregate 20% or more of the outstanding Voting Shares at the date of the Offer to Acquire;

  • Interested Bidder means any person or persons who have submitted the Request Letter for Participation along with signed Bid Form, notarized affidavit, signed Declaration, requisite Earnest Money and other necessary documents to complete the eligibility check formalities to the satisfaction of the Liquidator.

  • Independent Manager shall refer to a member of the Board that meets the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates. In the event a Special Committee is formed, the term “Independent Manager” shall, as the context requires, refer generically to each Independent Manager.

  • Independent Valuer means Massarsky Consulting, Inc., appointed by the Board to independently value the Company’s Catalogues within the Portfolio;

  • Disinterested Person means a director who has not, during the period that person is a member of the Committee and for one year prior to commencing service as a member of the Committee, been granted or awarded equity securities pursuant to this Plan or any other plan of the Company or any Parent, Subsidiary or Affiliate of the Company, except in accordance with the requirements set forth in Rule 16b-3(c)(2)(i) (and any successor regulation thereto) as promulgated by the SEC under Section 16(b) of the Exchange Act, as such rule is amended from time to time and as interpreted by the SEC.

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

  • Independent Advisor means a reputable accounting, appraisal or nationally recognized investment banking, engineering or consulting firm (a) which does not, and whose directors, officers and employees or Affiliates do not, have a direct or indirect material financial interest in the Company and (b) which, in the judgment of the Board of Directors of the Company, is otherwise disinterested, independent and qualified to perform the task for which it is to be engaged.

  • Independent Shareholders means holders of Voting Shares, other than: