Sale Process Memorandum definition

Sale Process Memorandum means this document including all the appendices hereto, for the purposes of setting out the process for submission of a bid and selection of Successful Bid in accordance with the provisions of the IBC and shall include all supplements, modifications, amendments, alterations or clarifications thereto issued in accordance with the terms hereof.
Sale Process Memorandum means this document including all the annexures hereto, for the purposes of setting out the process for submission of bids with respect to the sale of the Company as a going concern on “as is where is basis”, “as is what is basis”, “whatever there is basis and “no recourse basis” and selection of Successful Bidder in accordance with the provisions of the IBC and shall include all supplements, modifications, amendments, alterations or clarifications thereto issued in accordance with the terms hereof.

Examples of Sale Process Memorandum in a sentence

  • In the event of a conflict between this Sale Process Memorandum and the IBC or the Liquidation Process Regulations, the provisions of the IBC or the Liquidation Process Regulations, as the case may be, shall prevail.

  • I/We, the Bidder (s) aforesaid do hereby state that, I/We have read the entire terms and conditions governing the auction of Assets of Excel Glasses Limited (In Liquidation) for the sale/transfer/assignment of assets as specified in the Sale Process Memorandum and have understood them fully.

  • On the letterhead of the interested bidder and on Non-Judicial Stamp Paper of applicable value] Terms and Conditions of the E-auction Sale are as under: In addition to the Sale Process Memorandum, the following terms and conditions apply: 1.

  • The information in this Asset Sale Process Memorandum and any information provided earlier or subsequently, whether verbally or in documentary or any other form by or on behalf of the Liquidator, which does not purport to be comprehensive, is provided by the Company and has not been independently verified by the Liquidator or his professional advisors.

  • The assumptions, assessments, statements and information contained in the Sale Process Memorandum may not be complete, accurate, adequate or correct.

  • In such an event, the Liquidator shall forfeit the Earnest Money without prejudice to any other right or remedy that may be available to the Liquidator under this Sale Process Memorandum or Applicable Law.

  • All the aforementioned documents are required to be uploaded on the portal and the original physical copies thereof shall be provided by the Successful Bidder to the Liquidator / Seller in accordance with the Sale Process Memorandum.

  • The Bidder(s) hereby expressly agrees and acknowledges that the Liquidator makes no representation, warranty or inducement, whether express or implied, as to the accuracy, completeness, authenticity or adequacy of the information (including but not limited to the Confidential Information) provided to the Bidder(s) in the Sale Process Memorandum or through any other modes.

  • GUJARAT METALLIC COAL & COKE LIMITED (in Liquidation), pursuant to the terms of the Sale Process Memorandum.

  • This LOI is not a sale confirmation letter and is issued without prejudice to other terms and conditions of the E-Auction Sale Process Memorandum.

Related to Sale Process Memorandum

  • Process Memorandum means this document including all the appendices hereto, for the purposes of setting out the process for submission of a bid and selection of successful bid in accordance with the provisions of the IBC and shall include all supplements, modifications, amendments, alterations or clarifications there to issue in accordance with the terms hereof.

  • Disclosure Statement means the written disclosure statement that relates to this Plan, as approved by the Bankruptcy Court pursuant to section 1125 of the Bankruptcy Code and Bankruptcy Rule 3017, as such disclosure statement may be amended, modified or supplemented from time to time.

  • Private Placement Memorandum means offering materials prepared in accordance with Section 4 (including materials referred to therein or incorporated by reference therein, if any) provided to purchasers and prospective purchasers of the Notes, and shall include amendments and supplements thereto which may be prepared from time to time in accordance with this Agreement (other than any amendment or supplement that has been completely superseded by a later amendment or supplement).

  • Offering Memorandum means the preliminary offering memorandum dated May 10, 2021, as supplemented by the related pricing term sheet dated May 10, 2021, relating to the offering and sale of the Notes.

  • E-Auction Process Information Document means this document including all the appendices hereto, for the purposes of setting out the process for submission of a bid and selection of Successful Bid in accordance with the provisions of the IBC and shall include all supplements, modifications, amendments, alterations or clarifications thereto issued in accordance with the terms hereof.

  • Explanatory Memorandum means this explanatory memorandum.

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;