Open Market Purchase definition

Open Market Purchase shall have the meaning specified in Section 2(I)
Open Market Purchase shall have the meaning provided in Section 2.20(a).
Open Market Purchase has the meaning specified in Section 10.07(m).

Examples of Open Market Purchase in a sentence

  • The authority is for purchases under $10,000, unless specific authority has been granted at a higher dollar amount for a specific purchase.See Unrestricted Open Market Purchase Authority Letter 7.4. Sole Source‌7.4.1. Goods‌Sole source purchases are used for the procurement of commodities/goods available from only one source due to the unique nature of the requirement, compatibility, its supplier, proprietary product, or market conditions.

  • There is no formal bid opening.7.3. Unrestricted Open Market Purchase Authority‌Unrestricted Open Market Purchase Authority is granted on an annual basis by DAS to agencies who have requested the authority.


More Definitions of Open Market Purchase

Open Market Purchase has the meaning assigned to such term in Section 9.04(g).
Open Market Purchase has the meaning set forth in Section 2.15.
Open Market Purchase as defined in Section 10.6(i)(B).
Open Market Purchase shall have the meaning set forth in Section 12.04(a)(iii).
Open Market Purchase the purchase by Holdings or any of its Subsidiaries by way of open market purchases of Term Loans in an aggregate principal amount of Term Loans not to exceed of 20% of the principal amount of all Term Loans then outstanding (calculated as of the date of such purchase).
Open Market Purchase means the purchase of supplies and equipment without the need for an informal or formal solicitation process..
Open Market Purchase as defined in subsection 11.6(h).