Oversell definition

Oversell means an occurrence where the Aggregate Bid Quantity in a Bidding Round in an Ascending Clock Auction is in excess of the applicable Auctionable Capacity;
Oversell means an occurrence where capacity demand in any round of an Ascending Clock Auction, is greater than the quantity of capacity offered.

Examples of Oversell in a sentence

  • Oversell or undersell are allowed as far as they are customary in trade.

  • Landlord’s failure to find a solution to end Oversell Events shall not be an Event of Default.

  • If there are more than five (5) Oversell Events in any seven (7) consecutive business day period, Tenant may withhold and ▇▇▇▇▇ the Parking Rent (other than with respect to Parking Spaces located in the Parking Nest) until Landlord has remedied the problem so that no Oversell Events occur in the ensuing twenty (20) consecutive business day period.