Minimum Bid Amount definition

Minimum Bid Amount means the minimum amount of an Advance that may be bid for by one Participant in an Auction as stated in the Announcement.
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Minimum Bid Amount means the lowest acceptable bid amount. The minimum bid amount shall be set by the department at 75 percent of the market value of licenses of the same type and privileges that have sold within the quota area or similar quota area.
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Minimum Bid Amount minimum amount, expressed in eurocents, which each dealer may bid in the tender at each bid rate (according to the article 3, paragraph 2, of the Technical decree); − “National Interbank Network (hereby the Network; RNI in the Italian acronym)”: the electronic data transmission Network connecting participants in the Italian payments system, operated by Società Interbancaria per l’automazione (S.I.A.);
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Examples of Minimum Bid Amount in a sentence

  • Minimum Bid Amount: A minimum bid of at least Two Hundred Ninety Thousand Six Hundred Sixty-One and 00/100 Dollars ($290,661.00) has been set relative to fair market value.

  • BID AMOUNTS Parcels will not be sold for less than the Minimum Bid Amount referenced in this bid solicitation.

  • Brokerage FeeA commission of $22,200 (3% of the Minimum Bid Amount) will be paid by the City of Tucson or as specified in the purchase agreement or development agreement.

  • If the price which a prospective purchaser shall have offered to pay for all or any of the Properties is less than the Minimum Bid Amount, or if no bid is received, Lessor may elect to retain the Properties or any of them after the end of the Marketing Period by giving Lessee at least two Business Days' prior written notice of Lessor's election to retain the Properties or any of them, and upon receipt of such notice, Lessee shall surrender such Properties to Lessor pursuant to Section 10.1(c).

  • ObjectiveThe Jefferson County Purchasing Department will receive sealed bids for the Sale of the Ford Park Entertainment Complex located at 5115 IH-10 South, Beaumont, Texas 77705; with a Minimum Bid Amount of $22,000,000.00.

  • Administration/Community Development RES-2018-122Adopt a Resolution Declaring the Board's Intent to Sell Real Property Located at 5028 Broadway in Coulterville, Reduce the Minimum Bid Amount to $75,000; and Allow the Deposit to be Submitted to an Escrow Account at Inter-County Title CompanyCA7.

  • Metcalf, Tracy Lynn Miles, Kari Shena Miller, Keith Christopher Milliken, Ryan Scott Millwood, Brian Ashley Mims, Deidra Zimmerman Mitchell, Donnie G Moore, Caroline Rhea Minimum Bid Amount $1500.00 Murray, Christy Tomada Sealed Bids must be mailed to the address stated below by 5:00 p.m. Monday, September 25, 2023.

  • With the advice of the Collateral Manager, the Trustee shall select the bid or bids which result in the Highest Auction Price (in excess of the specified Minimum Bid Amount) from one or more Listed Bidders.

  • There shall be an overbid amount that a Qualified Bidder must bid to exceed the Minimum Bid Amount at the Auction, and that amount shall be$25,000.00 (“Overbid Amount”).

  • In an Announcement of an Auction, the Federal Reserve will announce, among other things: the Offering Amount of TAF Advances to be auctioned, the term of the Advance, a Minimum Bid Rate, Minimum Bid Amount, Maximum Bid Amount (per institution), and other Auction parameters.


More Definitions of Minimum Bid Amount

Minimum Bid Amount shall have the meaning set forth in Section 21.1(b) of the Lease.
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Related to Minimum Bid Amount

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Funding Amount means, on any date of determination, the amount set forth in the table below: The date that is six months following the Original Effective Date December 20, 2018 60% of the Financing Commitment December 21, 2018 March 20, 2019 65% of the Financing Commitment March 21, 2019 Day prior to the last day of the Ramp-Up Period 75% of the Financing Commitment The last day of the Ramp-Up Period The last day of the Reinvestment Period 85% of the Financing Commitment

  • Minimum Dilution Reserve Percentage means, at any time of determination, the product (expressed as a percentage and rounded to the nearest 1/100th of 1%, with 5/1000th of 1% rounded upward) of (a) the average of the Dilution Ratios for the twelve (12) most recent Fiscal Months, multiplied by (b) the Dilution Horizon Ratio.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.