Timed Auction definition

Timed Auction means an Auction that runs for a defined period of time, allowing registered Bidders to place bids for the duration of the Auction;
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Timed Auction means a timed auction using the Invaluable Technology.
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Examples of Timed Auction in a sentence

  • Whether you are an Owner initiating a Scheduled or Timed Auction or an auction participant placing a bid on an Orica Item, you should always make certain that you are entering correct and accurate Bids, Starting Bid Prices, Reserve Prices, and other Auction parameters.

Related to Timed Auction

  • Failed Auction has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Dutch Auction means an auction (an “Auction”) conducted by Holdings or one of its Subsidiaries in order to purchase any Term Loans under a Tranche (the “Purchase”) in accordance with the following procedures or such other procedures as may be agreed to between the Administrative Agent and the Borrower:

  • E-Auction Process /”E-Auction” shall mean the electronic auction process for sale of the Company conducted in accordance with the provisions of IBC, Liquidation Process Regulations, Applicable Law(s) and this E- Auction Process Information Document inviting Bid from the Bidders for consummating the sale of Company on going concern basis in accordance with the provisions of IBC and Liquidation Process Regulations;

  • Reverse auction means a purchasing process in which offerors submit proposals in competing to sell services or supplies in an open environment via the internet.

  • Wholesale auction means an auction of motor vehicles restricted to sales at wholesale.