Indicative bid definition

Indicative bid means a not binding Bid, to give the seller an orientation.
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Indicative bid means a bid (expressed as a percentage of par value) which is provided by the relevant bidder for information purposes only as to the current market value of the relevant Reference Obligation in a principal amount equal to the applicable Deletion Amount, plus, if provided for in the relevant secondary market in which the Reference Obligation trades, accrued but unpaid interest on such Deletion Amount, and which do not represent a commitment to purchase such amount of the relevant Reference Obligation if such bid were to be accepted.
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Indicative bid means the bid-side current market price of the Class P-1 STRIP, as quoted by a dealer in
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Examples of Indicative bid in a sentence

  • Indicative bid values provided are independently assessed by qualified professionals to ensure that they are reasonable.

  • Indicative bid pricesThe Issuer intends to publish indicative bid prices for the Units and provide that information to certain market data service providers and the Approved Advisers.

  • The Indicative bid to be provided should not be wayward from the prevailing rates in the market.

  • Response: Indicative bid pricing is used to determine current market prices, to prepare an initial ranking of bids and to identify any bidding anomalies.

  • Indicative bid or offer prices can be placed by AFEDs to indicate their orders in the interbank market.

  • Inst., Tentative Draft No. 4,2015) ..............................................................................................................12 * Authorities on which we chiefly rely are marked with asterisksGLOSSARYKMG Bid Indicative bid by KazMunaiGas for assets in underlying arbitration LPG Plant Liquefied Petroleum Gas PlantSCC Stockholm Chamber of CommerceSTATEMENT OF COUNSEL PURSUANT TO FED.

  • Indicative bid pricesUBS intends to publish indicative bid prices for the Units and provide that information to certain market data service providers and the Approved Advisers.

  • Indicative bid values provided are independently assessed by qualified professionals to ensure that they are reasonable.Fair value of mutual fund holdings is based on the published net asset value of the respective fund.AFS securities are written down to fair value through net earnings when there is objective evidence that the financial instrument is impaired and the decline in fair value is other-than-temporary.

  • Indicative bid submissions were requested and received in March 2011.

  • Successful bidders will be required to deliver their named projects at the average funding levels set in their Indicative project.Block 3: Development InformationPlease answer the statements in the Questions block with regard all the homes you are going to deliver as part of your Indicative bid.

Related to Indicative bid

  • Alternative Bid means a response to a bid that does not meet the exact requirements of the specification but offers an alternative for consideration. An alternative bid is submitted with an intentional variation to a provision, specification, term or condition of the solicitation. This alternative, in the opinion of the bidder, achieves the same end result. Alternative bids may be rejected as non-responsive.

  • 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.

  • Competitive Bid means a bid in terms of a competitive bidding process;

  • Responsive Bid means a Bid that complies with each of the provisions of this RFB, or is either an alternative bid or a bid with an exception, if accepted by the Agency.

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

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

  • Responsive bidder means a person who has submitted a bid that conforms in all material respects

  • Competitive Bid Rate means, with respect to any Competitive Bid, the Margin or the Fixed Rate, as applicable, offered by the Lender making such Competitive Bid.

  • Competitive Bid Margin means the margin above or below the applicable Eurodollar Base Rate offered for a Eurodollar Bid Rate Loan, expressed as a percentage (rounded to the nearest 1/100 of 1%) to be added or subtracted from such Eurodollar Base Rate.

  • Non-responsive Bid means a bid, which is not submitted as per the instructions to the bidders or Earnest Money Deposit has not been attached, or the required data has not been provided with the Bid or intentional errors have been committed in the Bid.

  • Competitive Bid Accept/Reject Letter means a notification made by a Borrower pursuant to Section 2.03(d) in the form of Exhibit A-4.

  • 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.

  • Eligible bidder means a person who is:

  • Competitive Bid Loan means a Eurodollar Bid Rate Loan or an Absolute Rate Loan, or both, as the case may be.

  • Competitive Bid Quote Request means the notice, in substantially the form of Exhibit B hereto, to be delivered by the Borrower in accordance with Section 2.03 in requesting Competitive Bid Quotes.

  • Competitive Bid Advance means an advance by a Lender to the Borrower as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.03 and refers to a Fixed Rate Advance or a LIBO Rate Advance.

  • 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;

  • Competitive Bid Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a Competitive Bid Advance made by such Lender.

  • Competitive bidding means a transparent process for procurement of equipment, services and works in which bids are invited by the project developer by open advertisement covering the scope and specifications of the equipment, services and works required for the project, and the terms and conditions of the proposed contract as well as the criteria by which bids shall be evaluated, and shall include domestic competitive bidding and international competitive bidding;

  • Responsive Bidder or Offeror means a person who submits a bid or proposal which conforms in all material respects to the invitation for bids or request for proposals.

  • Acceptable bid means any bid which, in all respects, complies with the conditions of bid and specifications as set out in the bid documents.

  • Competitive Bid Request means a request by the Borrower for Competitive Bids in accordance with Section 2.04.

  • Return Bid has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Notice of Competitive Bid Borrowing has the meaning specified in Section 2.03(a).

  • Discount Range Prepayment Notice means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.11(a)(ii)(C) substantially in the form of Exhibit K.

  • Competitive Bid Borrowing means a borrowing consisting of simultaneous Competitive Bid Advances from each of the Lenders whose offer to make one or more Competitive Bid Advances as part of such borrowing has been accepted under the competitive bidding procedure described in Section 2.03.