Proposal Process definition

Proposal Process means the process by which the Consortium Members acquire the Company as described in the preamble of this Agreement.
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Proposal Process means the process by which the Parties acquire the Target as described in the preamble of this Agreement.
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Proposal Process means the process for calling, receiving, evaluating and awarding of Proposal(s) as proposed in clauses 3.2.7 and 3.2.8 of these Conditions of Proposal.
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Examples of Proposal Process in a sentence

  • Each Consortium Member shall participate in the Proposal Process and use its reasonable best efforts to: (a) comply with the Protocols and ensure that neither it nor its employees, agents or representatives cause (by their action or omission) such Consortium Member to breach the Protocols; (b) participate in meetings with the Special Committee and its advisors; and (c) execute any confidentiality and third party agreements reasonably required by the Company related to the Proposal Process.

  • Subject to Section 1.2, Stratus shall at all times in the Proposal Process offer to Olympus at least a 50% equity/mezzanine participation.

  • Unless otherwise agreed to in the Proposal Process, after payment of any non- partner obligations, all net cash flow from a project shall be distributed pro-rata to each partner in the ratio of its respective ownership percentages.

  • Unless otherwise agreed to in the Proposal Process, each partner's interest (i.e., Olympus, Stratus and any third party) shall be based on its respective aggregate cash capital contribution or deemed capital contribution as a percentage of the total cash capital contributions and deemed capital contributions made by all the partners.

  • By Order dated March 25, 2002 (the "Investment Proposal Procedures Order"), this Court authorized the Debtors to implement certain procedures (the "Investment Proposal Procedures") for the submission, consideration, negotiation and acceptance of investment proposals (the "Investment Proposals") to sponsor a plan or plans of reorganization and for proposals for all or some of the Debtors' assets (collectively, the "Investment Proposal Process").

  • The economic terms of equity participation, promoted interests, if any, and distributions and other terms of the partnership agreement and related documents shall reflect the terms agreed to by both parties pursuant to the Proposal Process.

  • Each Party shall participate in the Proposal Process and, to the extent commercially practicable, use its best efforts to: (a) comply with the Protocols and ensure that neither it nor its employees, agents or representatives cause (by their action or omission) the other Party to breach the Protocols; (b) participate in meetings with the Special Committee and its advisors; and (c) execute any confidentiality and third party agreements reasonably required by the Target related to the Proposal Process.

Related to Proposal Process

  • Proposal means the Technical Proposal and the Financial Proposal.

  • Mediation Notice is defined in Section 6.2(b).

  • Competitive Process means a formal sealed, electronic, or web-based bid procedure used for all nonclaims related purchases for goods and services over fifty thousand dollars. For purchases between five thousand dollars and fifty thousand dollars, competitive process means quotations obtained from at least three vendors by telephone or written quotations, or both, and supported by evidence of competition. Purchases up to five thousand dollars are exempt from competitive bids providing procurement is based on obtaining maximum quality at minimum cost.

  • Technical Proposal means the Contractor’s Technical Proposal dated (Technical Proposal date).

  • Appraisal Procedure means a procedure whereby two independent appraisers, one chosen by the Company and one by the Investor, shall mutually agree upon the Fair Market Value. Each party shall deliver a notice to the other appointing its appraiser within 10 days after the Appraisal Procedure is invoked. If within 30 days after appointment of the two appraisers they are unable to agree upon the Fair Market Value, a third independent appraiser shall be chosen within 10 days thereafter by the mutual consent of such first two appraisers. The decision of the third appraiser so appointed and chosen shall be given within 30 days after the selection of such third appraiser. If three appraisers shall be appointed and the determination of one appraiser is disparate from the middle determination by more than twice the amount by which the other determination is disparate from the middle determination, then the determination of such appraiser shall be excluded, the remaining two determinations shall be averaged and such average shall be binding and conclusive upon the Company and the Investor; otherwise, the average of all three determinations shall be binding upon the Company and the Investor. The costs of conducting any Appraisal Procedure shall be borne by the Company.

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Aversive procedure means a systematic physical or sensory intervention program for modifying the behavior of a student with a disability which causes or reasonably may be expected to cause one or more of the following:

  • Support Call Process means the support call process applicable to all of our customers who have licensed the Tyler Software. A copy of our current Support Call Process is attached as Schedule 1 to Exhibit C.

  • Acquisition Proposal has the meaning set forth in Section 5.03(a).

  • RFP Process or “Bidding Process” means the process governing the submission and evaluation of the Bids as set out in the RFP itself;

  • Proposed Change Order (PCO means a document that informs Contractor of a proposed change in the Work and appropriately describes or otherwise documents such change including Contractor’s response of pricing for the proposed change.

  • Technical Dispute has the meaning specified in Section 12.2;

  • Transaction Proposal has the meaning specified in Section 8.02(c).

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).

  • Surgical procedure means a procedure that is performed

  • Competing Proposal means a proposal, offer or invitation to the Company, any Party or any of a Party’s Affiliates (other than the Proposal), that involves the acquisition of Control of the Target, a sale of all or a substantial part of the assets of the Target, a restructuring or recapitalization of the Target, or some other transaction that would adversely affect, prevent or materially reduce the likelihood of the consummation of the Transaction with the Parties.

  • Alternative Proposal has the meaning set forth in Section 6.2(b).

  • Mediation means any process in which a mediator facilitates communication and negotiation between the parties to assist them in reaching a voluntary agreement regarding their dispute.

  • Request for Proposal (RFP means the solicitation document issued by Purchasing to potential vendors for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Addendums thereto.

  • Techno-Commercial Bid means proposal submitted by the Bidder in accordance with Clause 8.15.1;

  • Project Proposal is the final and written description of the Project as described in Exhibit A, to be undertaken by Sub-recipient for which the Project Funds is granted and performance is required and monitored pursuant to this PFA.

  • approved proposal means a proposal approved or determined under this Agreement;

  • Responsive Proposal means a Proposal that complies with the material provisions of this RFP.

  • Arbitration Notice has the meaning set forth in Section 9.13.

  • Proposal date as referenced herein shall mean the local date and time specified in the proposal documents.

  • competitive bidding process means a competitive bidding process referred to in paragraph 12 (1) (d) of this Policy;