Hammer Price means the level of bidding reached (at or above any reserve) when the auctioneer brings down the hammer;
Company SEC Documents has the meaning set forth in Section 3.04(a).
SIR means self-insured retention or similar deductible.
Multi-family dwelling means a structure that contains more than one separate dwelling unit, which is used, or occupied, or intended to be used or occupied, in whole, or in part as the home or residence of one or more persons.
After-relieved Federal tax means any amount of Federal excise tax or duty, except social security or other employment taxes, that would otherwise have been payable on the transactions or property covered by this contract, but which the Contractor is not required to pay or bear, or for which the Contractor obtains a refund or drawback, as the result of legislative, judicial, or administrative action taking effect after the contract date.