Examples of Proposal Security in a sentence

In the event that all such preconditions have not been satisfied before the expiry of such period and such failure is due solely to delays attributable to either a Force Majeure Event or MOIT Event of Default, the MOIT shall return the Proposal Security to the Sponsors within thirty (30) Days of the expiry of such [●] month period.
The Department will return the Final Proposal Security within two Business Days upon receipt of the 395 Financial Close Security.

More Definitions of Proposal Security

Proposal Security means the security provided by the Selected Bidder to the Authority along with the Bid / Proposal in the sum of INR ………….. (Rupees crore) in accordance with the Instructions to Bidders (ITB) and which is to remain in force until substituted by the Construction Performance Security.

Proposal Security bears the meaning ascribed thereto in the Power Purchase Agreement;

Proposal Security means bid security

Proposal Security means the Proposal Bond or the Proposal Letter(s) of Credit, as applicable.

Proposal Security or "Bid Security" means the unconditional bank guarantee in the amount at the rate of USD 5000 (five thousand) per MW or equivalent BDT issued by a scheduled bank in Bangladesh delivered to BPDB to secure (a) the obligations of the Bidder to maintain its Proposal in effect until the issue of the Letter of Intent and (b) thereafter, the obligations of the Company to furnish Performance Security Deposit and execute and deliver the Project Agreements within thirty (30) Days or any other day notified by the BPDB after the issuance of the Letter of Intent.

Proposal Security means the proposal bond as described in Section 3.3 of Exhibit B to the ITP.

Proposal Security means the proposal bond as described in Section 3.3 of Exhibit C-2 to the ITP.