Joint Bidders definition

Joint Bidders. Wider Groups" each of the Wider Fairfax Group, Wider ACM Group and Wider ACON Group "Joint Bidding Agreement" the joint bidding agreement entered into between the Joint Bidders and Bidco on 26 October 2015.
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Examples of Joint Bidders in a sentence

  • Potential bidders are advised to refer to the Federal Register, prior to bidding, for the most current List of Restricted Joint Bidders in place at the time of the lease sale.

  • Offer from Joint Bidders / Consortium will not be acceptable unless stated otherwise elsewhere in the tender document.

  • However, the Joint Bidders reserve the freedom to establish or renew, after completion of the Offer, incentivisation arrangements for the benefit of the management and other employees of the APR Energy Group.

  • The Joint Bidders have agreed to subscribe for shares in the capital of Bidco in accordance with the terms of the Joint Bidding Agreement, such that they will hold Bidco jointly prior to the date on which the Offer becomes or is declared to be unconditional in all respects.

  • The Joint Bidders believe that there are significant opportunities in the supply of energy in emerging markets, driven by economic and population growth and so demand for power.

  • As described in section 5 above in connection with the Offer, APR Energy and the Joint Bidders have reached an agreement (the "Amendment and Waiver Agreement") with the Lenders which provides for a period of stability with respect to the APR Energy Group's finances.

  • The Joint Bidders collectively exercise control of Bidco pursuant to contractual rights under the Joint Bidding Agreement, in which Bidco has agreed not to take any action in respect of the Joint Offer without the consent of the Steering Committee.

  • The Joint Bidders' Opening Position Disclosure also included all relevant details in respect of all persons acting in concert with any of them.

  • There are only a relatively small number of companies able to provide temporary power solutions globally and the Joint Bidders believe that the barriers to entry remain significant, given the need for significant investment in plant and machinery and long lead times with equipment suppliers, as well as the need to offer an efficient, integrated installation service and a global delivery and logistics capability.

  • However, for cash confirmation purposes, the Joint Bidders and Bidco have obtained a commitment letter from the Bank of Montreal for the full amount of the cash consideration required (the "BMO Commitment Letter"), which is guaranteed by Fairfax.

Related to Joint Bidders

  • Bidders means any enterprise, consortium or person, partnership, company, close corporation, firm or any other form of enterprise or person, legal or natural, which has been invited by NHLS to submit a bid in response to this bid invitation.

  • Successful Bidder(s) means the bidder(s) to whom work in this tender is awarded.

  • Resident bidder means a bidder that has paid unemployment taxes or income taxes in this state during the 12 calendar months immediately preceding submission of the bid, has a business address in this state and has stated in the bid whether the bidder is a “resident bidder” under this paragraph.

  • Qualified Bidder(s means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.

  • 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.

  • Bidder/Bidding Company means Bidding Company submitting the Bid. Any reference to the Bidder includes Bidding Company / including its successors, executors and permitted assigns as the context may require;

  • 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.

  • 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;

  • Bidder/Contractor means the interested Firm/ Company/ Supplier/ Distributors that may provide or provides related Equipment/Services to any of the public/private sector organization under the contract and have registered for the relevant business thereof.

  • 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;

  • Open Competitive Bidding means a fair and transparent specified procedure defined under these Rules, advertised in the prescribed manner, leading to the award of a contract whereby all interested persons, firms, companies or organizations may bid for the contract and includes both National and International Competitive Biddings;

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

  • competitive bidding process means a competitive bidding process referred to in paragraph 12 (1) (d) of this Policy;

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

  • Technical Bid means the bid submitted online through the electronic bidding platform, containing the documents as listed out in Clause 2.5.2 of this RFP;

  • Selected Bidder or Successful Bidder means the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of standard PPA.

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

  • Nonresident bidder means a bidder whose principal place of business is not in this state, but excludes a contractor whose ultimate parent company or majority owner has its principal place of business in this state.

  • The Bidder means the individual or firm who participates in this tender and submits its bid.

  • Preferred Bidder means a bidder that is entitled to receive a reciprocal preference under the requirements of this chapter.

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

  • 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.

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

  • 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.

  • 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.

  • Bid Solicitation Agent means the Person who is required to obtain bids for the Trading Price in accordance with Section 5.01(C)(i)(2) and the definition of “Trading Price.” The initial Bid Solicitation Agent on the Issue Date will be the Company; provided, however, that the Company may appoint any other Person (including any of the Company’s Subsidiaries) to be the Bid Solicitation Agent at any time after the Issue Date without prior notice.