Second Highest Bidder definition

Second Highest Bidder means the Eligible Bidder who submits the second highest Bid Price for the Subsidiary.
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Second Highest Bidder means the Eligible Bidder who is ranked as the second bidder in the tendering process by the bid price to purchase the subsidiary or the tendered items.
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Second Highest Bidder means the Qualifying Bidder who submits the second highest Total Bid Score during the Second Bid Submission Period.
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Examples of Second Highest Bidder in a sentence

  • You are responsible for paying all fees charged by or for SkillUp India and applicable taxes in a timely manner with a payment mechanism associated with the applicable paid Services.

  • If such disqualification occurs after the Proposals have been opened and the Highest Bidder gets disqualified, then TNRDC reserves the right to invite the Second Highest Bidder to match the Highest Bidder in accordance with Clause 5.7.3 or annul the Bidding Process.

  • If HUD rejects the High Bidder, HUD may in its sole discretion elect to contact the Second Highest Bidder, which may include succeeding bidders as bidders withdraw or do not qualify, to purchase the Property.


More Definitions of Second Highest Bidder

Second Highest Bidder has the meaning set forth in the Bidding Procedures.
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Second Highest Bidder has the meaning set forth in the Bidding Procedures. “Secured Notes” has the meaning set forth in Section 3.1.
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Related to Second Highest Bidder

  • Highest Bidder means the Bidder, who quotes the highest License Fees

  • Designated Bidder means (a) an Eligible Assignee or (b) a special purpose corporation that is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and that issues (or the parent of which issues) commercial paper rated at least "Prime-1" (or the then equivalent grade) by ▇▇▇▇▇'▇ or "A-1" (or the then equivalent grade) by S&P that, in the case of either clause (a) or (b), (i) is organized under the laws of the United States or any State thereof, (ii) shall have become a party hereto pursuant to Section 8.07(d), (e) and (f) and (iii) is not otherwise a Lender.

  • Qualified Bidder As defined in Section 7.01(c).

  • Winning Bidder With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

  • Selected Bidder means the bidder who has been selected by DMRC, pursuant to the bidding process for award of license.