Tender Procedure. Upon completion of the appraisal of the Partnership's assets as of the Appraisal Date, the General Partner shall notify each Unit Holder of the Repurchase Price and his proportionate share thereof and either the General Partner or one of its Affiliates will offer to purchase such Unit Holder's Units in exchange for such Unit Holder's proportionate share of the Repurchase Price (a "Repurchase Offer"). Any Unit Holder desiring to do so may accept such Repurchase Offer by notifying the General Partner of his election. Unit Holders so notifying the General Partner shall be referred to herein as "Electing Unit Holders". The General Partner or its designated Affiliate shall thereupon promptly pay to each Electing Unit Holder, his proper share of the Repurchase Price, calculated as herein set forth, within 30 days from the date which a properly drawn assignment of such Electing Unit Holder's interest, free and clear of all liens and encumbrances, is tendered to and accepted by the General Partner or its designated Affiliate (the "Effective Date"). Upon the acquisition of an Electing Unit Holder's Units, the General Partner or its designated Affiliate shall, as of the Effective Date of such acquisition, succeed to all the rights and obligations attributable to such interest.
Tender Procedure. The following policy regarding the submission of tenders and the tender opening procedures will be applicable for this project. Tenderers are requested to adhere strictly to the instructions concerning submission.
Tender Procedure. The following policy regarding the submission of tenders and the tender opening procedures will be applicable for this project. Xxxxxxxx’s are requested to adhere strictly to the instructions concerning submission. ‰ All tenders must be sealed and submitted to: Xxxxx Xxxxxxx, City Clerk on the First Floor, City Hall 00 Xxxxxxxxx Xxxxxx, Xxxx Xxxxxxxx, Xxxxxxx, X0X 0X0 ‰ By the following time: 2:00 p.m. local time Tuesday, May 12th, 2009 Tenders received later than the time specified will not be accepted, regardless of the postal seal date. Tenders must be plainly marked to reveal the contents and the Tenderer's name and address. Xxxxxxx received after this time will be unopened and destroyed. SIB 1 ‰ Tenders shall be submitted in the two envelopes supplied, as follows:
Tender Procedure. Upon completion of the appraisal of the Partnership's assets as of the Appraisal Date, the General Partner shall notify each Unit Holder of the Repurchasx Xxxxx xxx xxx xxxxxxxxxxxxe share thereof and either the General Partner or one of its Affiliates will offer to purchase such Unit Holder's Units in exchange for such Unit Holder's proportionate share of the Repurchase Price (a "Repurchase Offer"). Any Unit Holder desiring to do so may accept such Repurchase Offer by notifying the General Partner of his election. Unit Holders so notifying the General Partner shall be referred to herein as "Electing Unit Holders". The General Partner or its designated Affiliate shall thereupon promptly pay to each Electing Unit Holder, his proper share of the Repurchase Price, calculated as herein set forth, within 30 days from the date which a properly drawn assignment of such Electing Unit Holder's interest, free and clear of all liens and encumbrances, is tendered to and accepted by the General Partner or its designated Affiliate (the "Effective Date"). Upon the acquisition of an Electing Unit Holder's Units, the General Partner or its designated Affiliate shall, as of the Effective Date of such acquisition, succeed to all the rights and obligations attributable to such interest. The Repurchase Price shall be recalculated monthly with the Repurchase Price being reduced by the amount of any cash distributions to Unit Holders during the period from the Appraisal Date to the date of the payment of the Repurchase Price and shall otherwise be adjusted to reflect the effect of material operations during such period, including a material increase or decrease in the current price of oil or gas or in the estimated amount of the Partnership's Proved Reserves. In the event the Repurchase Price is adjusted for any reason other than to reflect the payment of cash distributions, the General Partner shall provide written notification of such adjustment to the Unit Holders at least ten (10) business days prior to acceptance of Units for purchase.
Tender Procedure. 2.2.1 Receive Requests from the Requesting Units (Motivation to Source): Prepare submissions (Executive Summary) to the GM: SCM, for the approval of the Procurement Project Plan and the appointment of the Bid Specification Committee (BSC) and Bid Evaluation Committee (BEC) members.
Tender Procedure. JOHANNESBURG ROADS AGENCY (SOC) LTD CONTRACT NO: JRA 20/152. FOR SUPPLY, DELIVERY, OFF-LOAD OF ROAD MARKING PAINT AND AS AND WHEN REQUIRED FOR A PERIOD OF THREE YEARS TABLE OF CONTENTS CONTENTS
Tender Procedure. T1.1 Tender notice and invitation to tender T1.2 Project Description T1.3 Tender data THE TENDER (VOLUME 2)
Tender Procedure. JOHANNESBURG ROADS AGENCY (SOC) LTD CONTRACT NO: JRA / 20/ 109 FOR SUPPLY, DELIVERY AND OFF-LOADING OF LIGHT-EMITTING DIODE (LED) TRAFFIC SIGNAL HEADS AND RELATED COMPONENTS FOR 3 YEARS “AS AND WHEN” REQUIRED.
Tender Procedure. It is up to the contracting authority to choose the procedure that better complies with the law and matches its will. The Guidance for public authorities on PPI1 provides some factors that influence in the choice of a procedure:
