Lead Member of the Bidding Consortium definition

Lead Member of the Bidding Consortium or “Lead Member” shall mean a company who commits at least 26% equity stake in the Project, meets the technical requirement as per Clause 2.1.2and so designated by other Member(s) in Bidding Consortium;
Lead Member of the Bidding Consortium or “Lead Member” shall mean the Member which commits at least 51% equity stake in the Project Company and so designated by other Member(s) of the Bidding Consortium in accordance with the Consortium Agreement specified in Format 4.3 of this RfP;
Lead Member of the Bidding Consortium or “Lead Member” shall mean a company who commits at least 26% equity stake in the Project, meets the technical requirement as specified in the RFP and so designated by other Member(s) in Bidding Consortium;

Examples of Lead Member of the Bidding Consortium in a sentence

  • Provided that the Lead Member of the Bidding Consortium will be required to be liable to the extent of 100% of the total proposed commitment of equity investment of the Bidding Consortium i.e. for both its own equity contribution as well as the equity contribution of other Members.

  • The Bidder should be a company duly incorporated under the relevant laws (Bidding Company) or a Consortium of companies (Bidding Consortium) with one of the companies acting as the Lead Member of the Bidding Consortium.


More Definitions of Lead Member of the Bidding Consortium

Lead Member of the Bidding Consortium or “Lead Member” shall mean the Member who submits the Bid and so designated by other Member(s) of the Bidding Consortium in accordance with the Consortium Agreement Specified in Form of this tender.
Lead Member of the Bidding Consortium or “Lead Member” shall mean the Member which commits at least twenty six percent (26%) equity stake in the Project Company and so designated by other Member(s) of the Bidding Consortium in accordance with the Joint Deed Agreement submitted along with its Bid;
Lead Member of the Bidding Consortium or “Lead Member” There shall be only one Lead Member, having the largest shareholding of not less than 51% in the Bidding Consortium and cannot be changed till 1 year after the Commercial Operation Date (COD) of the Project
Lead Member of the Bidding Consortium or “Lead Member” means only one Lead Member, having the controlling shareholding of not less than 51% in the Bidding Consortium and cannot be changed till the end of one (1) year from the Commercial Operation Date (COD) of the Project.
Lead Member of the Bidding Consortium or “Lead Member” shall mean the Member which commits at least 51% equity stake in the Project Company and so designated by other
Lead Member of the Bidding Consortium or “Lead Member” shall mean a company who commits at least 26% equity stake in the Project, meets the technical
Lead Member of the Bidding Consortium or “Lead Member” shall as have the same meaning as assigned to in the RFP