Tender Deposit definition

Tender Deposit means the Fixed Amount Tender Deposit to be submitted by the Tenderer in accordance with Condition 8.
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Tender Deposit means the deposit payable (if any) in accordance with clause 4.4.1.
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Tender Deposit means a deposit which may be required to be paid with the submission of a bid as an act of good faith by the potential supplier or contractor. This deposit is to be refunded to unsuccessful bidders;
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Examples of Tender Deposit in a sentence

  • Any letter or other form of written or oral acknowledgment by Council of receipt of the Tender and the Tender Deposit (where applicable) does not imply that the Tender has been admitted or accepted as a Conforming Tender or a Non-Conforming Tender and nor does it constitute any representation by Council as to any other matter.

  • The Tender Deposit of the two lowest Bidders will be held until all necessary documentation has been provided by the successful Bidder (i.e. – Insurance, W.S.I.B. Certificate of Clearance, Bonding, etc.), the Agreement has been duly executed and the Bidder has provided evidence, satisfactory to the City, that all arrangements have been made for commencement of the services to be provided, on the Contract start date.

  • SFA shall not be liable for any delay or failure in performing its obligations under these Conditions of Tender if such delay or failure is caused by a Force Majeure Event, save that SFA shall refund the Fixed Amount Tender Deposit and Processing Fee paid by the Tenderer.

  • The BHCC Deposit was determined based on (i) the requirement of the Tenderee as stipulated under the conditions of Tender in which the Tender Deposit shall be an amount representing not less than 5% of the Tender Price; and (ii) the intended pro-rata interest of not more than 25% of BHCC Projects in the JV Company.

  • The Fixed Amount Tender Deposit shall be paid at the time of submission of Tender in the manner set out in Condition 8.8. Should the Tenderer reject the award of any Land Parcel, the Fixed Amount Tender Deposit submitted shall be forfeited and SFA shall reserve all its rights and entitlements under these Conditions of Tender.

  • Upon the failure of the successful Tenderer to sign the contract within ten (14) days after being awarded the contract, the Tender Deposit will be forfeited to the SQCRD.

  • The agreement against the basis without potential to gain an ability to bring to.

  • Prior to the payment of Tender Deposit, BHCC Projects and the Other Tenderers entered into the Pre-bid Agreement.

  • The Tender Deposit will be refunded to unsuccessful Tenderers after the commencement of Tenancy Agreement entered into between the Government and the Successful Tenderer but the Tender Deposit of the Successful Tenderer will be transferred to the Tenancy Agreement as payment of the first month's Monthly Fee.

  • Based on the applicable size tests performed with respect to the Tender Deposit under the Tender, one of the relevant percentage ratios is more than 0.1% but less than 5%.


More Definitions of Tender Deposit

Tender Deposit means a deposit or security which may be required to be paid or deposited with the submission of a bid, as an act of good faith by the potential supplier or contractor, this deposit is to be refunded to an unsuccessful bidder;
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Tender Deposit means in relation to each Tenderer, an amount which is equivalent to SGD 136,778. The Tender Deposit shall not include GST.
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Tender Deposit means in relation to each Tenderer and each Parcel, an amount which is equivalent to S$10,964 as stated in such Tenderer’s Form of Tender. The Tender Deposit shall not include GST;
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Tender Deposit means in relation to each Tenderer, an amount which is equivalent to $59,771, as stated in such Tenderer’s Form of Tender. The Tender Deposit shall not include GST.
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Tender Deposit means the sum of Kenya Shillings Five Million Nine
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Tender Deposit means in relation to each Tenderer, an amount which is equivalent to $58,167. The Tender Deposit shall not include GST.
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Related to Tender Deposit

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

  • Available Reserve Account Amount means, for any Transfer Date, the lesser of (a) the amount on deposit in the Reserve Account (after taking into account any interest and earnings retained in the Reserve Account pursuant to Section 4.10(b) on such date, but before giving effect to any deposit made or to be made pursuant to subsection 4.4(a)(ix) to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Undercollateralized Amount As defined in Section 4.01(b)(iii).

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.

  • Reserve Account Amount means, for any Distribution Date, the amount on deposit in and available for withdrawal from the Reserve Account on such Distribution Date (after giving effect to all deposits to and withdrawals from the Reserve Account on the preceding Distribution Date, or, in the case of the initial Distribution Date, the Closing Date), including all interest and other income (net of losses and investment expenses) earned on such amount during the preceding Collection Period.