Tenderee definition
Examples of Tenderee in a sentence
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.
To the best of the knowledge, information and belief of the Directors, and having made all reasonable enquiries, each of the Tenderee and its ultimate beneficial owner is an Independent Third Party.
The Tenderer shall fully and comprehensively read and comprehend the related contents and agreements when submitting a quotation, including agreements in Chapter V "Technical Standards and Requirements", to have a clear understanding of the project site and surrounding environment, fully consider the project characteristics and proposed construction scheme and construction organization design, and refine or supplement the Total Price Measure Projects List provided by the Tenderee.