Material Bid definition

Material Bid means any written quotation, bid or proposal which, if accepted or awarded, would lead to a Material Government Contract, including with a prime contractor or a higher tier subcontractor to a Governmental Authority, for the design, manufacture, assembly or sale of products or the provision of services by any Acquired Company, which is outstanding (and not awarded or rejected) as of the date of this Agreement and as of the Closing Date.
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Examples of Material Bid in a sentence

  • Disbursement of grant funds will not be made until the LPA’s submission of an accepted/awarded Project Material Bid and submission of the Notification of Contractor Award and Request for IMPO Federal Exchange Funds form.

  • Place the price per Ton under the Material Bid for each Location.

  • Section 4.17(a)(ii) of the Company Disclosure Schedule lists and identifies each outstanding Company Government Bid pursuant to which the Company reasonably expects to derive annual revenue in excess of $5,000,000 (each a Company Material Bid).

  • Product Amount Stumpage Rate per ton: Sawlogs Other Material Bid Rate $1.00 See Section II.B.1-3.

  • Product Amount Stumpage Rate per ton: Sawlogs Other Material Bid Rate $1.00/ton See Section II.B.1-3.

Related to Material Bid

  • material hoist means a hoist used to lower or raise material and equipment, excluding passengers; "medical certificate of fitness" means a certificate contemplated in regulation 7(8);

  • Material Deviation refers to any contents or characteristics of the proposal that is significantly different from an essential aspect or requirement of the RFP, and : (i) substantially alters the scope and quality of the requirements; (ii) limits the rights of UNDP and/or the obligations of the offeror; and (iii) adversely impacts the fairness and principles of the procurement process, such as those that compromise the competitive position of other offerors.

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

  • Material Contract means any contract or other arrangement (other than Loan Documents), whether written or oral, to which any Credit Party is a party as to which the breach, nonperformance, cancellation or failure to renew by any party thereto could reasonably be expected to have a Material Adverse Effect.

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