Required Tender definition

Required Tender or “Tender” means a Player Contract tender that a Club is required to make to a player pursuant to this Agreement, either as a matter of right with respect to the player, or to receive Rights of First Refusal, Draft Choice Compensation and/or other rights with respect to the player, as specified in this Agreement.
Required Tender means an offer of a Uniform Player Contract to a Draft Rookie, signed by the Team, that: (i) on or before the date specified in Article X is either personally delivered to the player or his representative or sent by email or pre-paid certified, registered, or overnight mail to the last known address of the player or his representative; (ii) with respect to a First Round Pick, (A) affords the player until at least the first day of the following Regular Season to accept, and (B) satisfies the requirements of a Rookie Scale Contract set forth in Article VIII, Section 1 or 2; and (iii) with respect to a Second Round Pick,
Required Tender means an offer of a Rookie Scale Contract to a Draft Rookie, signed by the Team, that: (i) is either personally delivered to the player or her representative or sent by prepaid certified, registered, or overnight mail to the last known address of the player or her representative; (ii) provides the player with ten (10) days to accept; and (iii) may be conditioned, at the option of the Team, on the player submitting to and passing a physical examination in accordance with the provisions of Article V, Section 3(d).

Examples of Required Tender in a sentence

  • Required Tender Fee & EMD (Amount, validity etc.) / exemption documents have not been provided.

  • Required Tender Fee & EMD (Amount, validity etc.) / exemption documents have not been provided.SSI/MSME units interested in availing exemption from payment of Tender Fee & EMD should submit a valid copy of their registration certificate issued by the concerned DIC or NSIC/ Udyog Aadhaar.

  • In the event the exclusive negotiating rights to the drafted player are assigned to another Club through the NFL waiver system, the acquiring Club must immediately extend the Required Tender following assignment.

  • In the event the exclusive negotiating rights to the drafted player are assigned to another Club through the NFL waiver system, the ac- xxxxxxx Club shall be deemed to have automatically extended the Required Tender immediately upon the assignment.

  • The NFL or the Club shall provide the player with notice of such Required Tender before or immediately following the Draft.

  • Part A - Brief Schedule Of Services Required Tender No. KP1/9AA-2/PT/21/CS/14-15.

  • If a Team has made a Required Tender to such a player and the player has not signed a Player Contract within the period between the Initial Draft and the Subsequent Draft, the Team that drafts the player shall lose its exclusive right to negotiate with the player and the player will then be eligible for selection in the Subsequent Draft.

  • In addition, any Team that fails to make a Required Tender to a First Round Pick, withdraws a Required Tender, renounces a First Round Pick, or fails to sign within one (1) year a First Round Pick selected in a Subsequent Draft shall be prohibited from signing such player until after he has signed a Player Contract with another NBA Team, and either (i) the player completes the playing services called for under the Contract, or (ii) the Contract is terminated in accordance with the NBA waiver procedure.

  • According to the require- ments, this chapter is segmented into functional and non-functional requirements and their corresponding subsections.

  • EIA Required Tender Required Expected Outcome:Information that will allow the Town to plan for any system upgrading that may be required to meet the new federal requirements.


More Definitions of Required Tender

Required Tender means an offer of a Uniform Player Contract to a Draft Rookie, signed by the Team, that: (i) is either personally delivered to the player or his representative or sent by prepaid certified, registered, or overnight mail to the last known address of the player or his representative; (ii) with respect to a First Round Pick, (A) provides the player with at least until the first day of the following Regular Season to accept, (B) has a stated term of three Seasons plus an Option Year, (C) in each Season prior to the Option Year, calls for at least 80% of the Rookie Scale Amount then applicable to the player, (D) in the Option Year, calls for the percentage increase over the player’s third year Salary called for in Exhibit B hereto, (E) in each Season other than the Option Year, provides protection for lack of skill and insured or non-insured injury or illness of not less than 80% of the Rookie Scale Amount then applicable to the player, and (F) in the Option Year, provides the same percentage of protection for lack of skill and insured or non-insured injury or illness that applies to the third Season of the Contract; and (iii) with respect to a Second Round Pick, (A) provides the player with at least thirty (30) days to accept, (B) has a stated term of one (1) Season, and (C) calls for at least the Minimum Annual Salary then applicable to the player.
Required Tender means an offer of a Uniform Player Contract to a Draft Rookie, signed by the Team, that: (i) is either personally delivered to the player or his representative or sent by pre-paid certified, registered, or overnight mail to the last known address of the player or his representative; (ii) with respect to a First Round Pick, (A) affords the player until at least the first day of the following Regular Season to accept, and (B) satisfies the requirements of a Rookie Scale Contract set forth in Article VIII, Section 1 or 2; and (iii) with respect to a Second Round Pick, (A) affords the player until at least the immediately following October 15 to accept, (B) has a stated term of one (1) Season, and (C) calls for at least the Minimum Annual Salary then applicable to the player. In addition, a Team shall be permitted to include in any Required Tender an Exhibit 6 to the UPC requiring that the player, if he signs the Required Tender, pass a physical examination to be performed by a physician designated by the Team as a condition precedent to the validity of the Contract.
Required Tender means an offer of a Uniform Player Contract to a Draft Rookie, signed by the Team, that: (i) on or before the date specified in Article X is either personally delivered to the player or his representative or sent by email or pre-paid certified, registered, or overnight mail to the last known address of the player or his representative; (ii) with respect to a First Round Pick, (A) affords the player until at least the first day of the following Regular Season to accept, and (B) satisfies the requirements of a Rookie Scale Contract set forth in Article VIII, Section 1 or 2; and (iii) with respect to a Second Round Pick, (A) affords the player until at least the earlier of (x) four (4) days before the date of the first day of the immediately following Regular Season, or (y) the immediately following October 15, to accept, (B) has a stated term of one (1) Season, and (C) calls for at least the Minimum Player Salary then applicable to the player. In addition, a Team shall be permitted to include in any Required Tender an Exhibit 6 to the Uniform Player Contract requiring that the player, if he signs the Required Tender, pass a physical examination to be performed by a physician designated by the Team as a condition precedent to the validity of the Contract.
Required Tender means an AFL Player Contract tender that a Club is required to make to a player pursuant to this Agreement, either as a matter of right with respect to the player, or to receive any rights with respect to the player, as specified in this Agreement. (nn) “Rookie” means a person who has never signed an AFL Player Contract with an AFL Club.

Related to Required Tender

  • e-Tender means Bids / Quotation / Tender received from a Firm / Tenderer / Bidder online.

  • Bid/Tender means the Techno Commercial and the Price Bid submitted by the Bidder along with all documents/credentials/attachments, formats, etc., in response to this Bid Document, in accordance with the terms and conditions hereof.

  • Acceptable Tender means any Tender which, in all respects, complies with the conditions of Tender and specifications as set out in the Tender document, including conditions as specified in the Preferential Procurement Policy Framework Act (Act 5 of 2000) and the Supply Chain Management of Council.

  • Request for Tender means the Request for Tender given to prospective tenderers inviting offers to tender for the execution and completion of the Work of which these General Conditions of Contract form part.

  • Bidder/Tenderer means the interested Firm/ Company that may provide or provides related goods / services to any of the public/ private sector organization under the contract and have registered for the relevant business thereof.

  • Open Tenders means the tenders invited in open and public manner and with adequate notice.

  • The Tenderer means the individual or firm supplying the Goods under this Contract.

  • Successful Tenderer means the Tenderer declared technically and financially successful for the Project and with whom, the Contract Agreement shall be signed.

  • Letter of Tender means the document entitled letter of tender or letter of tender, which was completed by the Contractor and includes the signed offer to the Procuring Entity for the Works.

  • Limited Tenders means tenders invited from all or some Contractors on the approved or select list of Contractors with the Railway.

  • U.S. Legal Tender means such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts.