Public Proposal definition
Examples of Public Proposal in a sentence
Public Proposal Opening: The process of unsealing written proposals and closing the RFP in the Ebid system at the time specified in the written solicitation.
During the five day period commencing on the delivery of such notice, Petrus agrees not to accept, recommend, approve or enter into any agreement to implement such Superior Going Public Proposal and not to release the party making the Superior Going Public Proposal from any standstill provisions and shall not withdraw, redefine, modify or change its recommendation in respect of the Arrangement.
In addition, during such five day period Petrus shall, and shall cause its financial and legal advisors to, negotiate in good faith with PhosCan and its financial and legal advisors to make such adjustments to the terms and conditions of this Agreement and the Arrangement as would enable PhosCan to proceed with the Arrangement as amended rather than the Superior Going Public Proposal.