Successful Bid definition

Successful Bid means the Bid of the Successful Bidder for acquisition of assets of the Corporate Debtor and as declared by the Liquidator in terms of sub-clause VIII of Clause 5.4 of this document.
Successful Bid means the Bid of the Successful Bidder for acquisition of the Corporate Debtor on Going Concern basis as declared by the Liquidator as per this Process Memorandum;
Successful Bid means the Bid of the Successful Bidder for acquisition of the Corporate Debtor as a whole, on a going concern basis and as declared by the Liquidator in terms of sub-clause VIII of Clause4.3 of this document.

Examples of Successful Bid in a sentence

  • The Debtors are now seeking the approval of the Successful Bid, as further described in Section III below.

  • On March 11, 2024, the SISP Agent notified Winsome that its bid was selected as Successful Bid.

  • Finally, since the issuance of the Initial Order, the SISP Agent has been conducting the SISP, with the assistance of the Debtors and the Monitor, which SISP has resulted in the selection of a Successful Bid.


More Definitions of Successful Bid

Successful Bid means a qualified bid submitted in accordance with the Bidding Procedures that is determined to be the highest or otherwise best bid in accordance with the Bidding Procedures.
Successful Bid means the Bid of the Successful Bidder for acquisition of the Corporate Debtor on Going Concern basis or Sale of assets in Parcel as declared by the Liquidator as per this Process Memorandum;
Successful Bid means the Bid whose Financial Bid results in maximization of the value for the Corporate Debtor/stakeholders, as determined by the Liquidator;
Successful Bid has the meaning ascribed to such term in the Bidding Procedures.
Successful Bid means the bid made by a person during a Licensing Round to acquire a PSC in respect of a Block which JDA has accepted;
Successful Bid means the Primary Offer (including the Primary Offer as maybe amended in accordance with the terms of this Bid Document) or the Bid or Revised Bid from the Highest Selected Bidders as approved by the Lenders as per the terms hereof.
Successful Bid shall have the meaning set forth in Section 6.4(a) hereof.