Minimum Bid, definition
Examples of Minimum Bid, in a sentence
The Trustee (or an agent thereof) shall sell all of the property of the Trust Fund to the highest bidder; provided, that (i) the sale price shall not be less than the Minimum Bid Price and (ii) the Trustee shall have received bids from no fewer than three prospective purchasers.
If after following the procedures set forth in the immediately preceding paragraph the Trustee is unable to identify a prospective purchaser of the Trust Fund property that is willing to pay the Minimum Bid Price therefor, the Trustee (or an agent thereof) shall repeat the above-specified process at three-month intervals until the property of the Trust Fund has been sold.
CUSTOMER may, at its discretion, place a Minimum Bid or Bid to be Approved (BTBA) on any Vehicle by providing prior written notification to Enterprise.
The Storage Service provider is not obliged to publish any economic criteria also in relation to the determination of the Minimum Bid Price but may apply such criteria to all Authorized Storage Customers in a non-discriminatory manner.
Erdgasspeicher Peissen GmbH may decide to set a Minimum Bid Price that shall be displayed on the Electronic Marketing Platform (here: PRISMA) and in the Product Information; Article 4 para.1. of the T&C Online Auctions shall continue to apply.