Qualified Bidder definition: Copy, customize and use instantly
Introduction:
A "Qualified Bidder" refers to an individual or entity that has met specific criteria and is approved to participate in a bidding process for a variety of transactions. This term is commonly used in auctions, mergers, acquisitions, real estate sales, bankruptcy proceedings, and other commercial transactions. A "Qualified Bidder" is generally required to submit detailed documentation, meet financial requirements, and sometimes pass legal or regulatory checks to be eligible to make an offer or submit a bid.
Below are various examples of how "Qualified Bidder" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Qualified Bidder" in a merger agreement
This definition connects "Qualified Bidder" to a bidder that meets specific requirements for submitting bids in a merger transaction.
"Qualified Bidder" means any entity or person who meets the criteria set forth by the seller and is approved to participate in the bidding process for the merger transaction.
Definition of "Qualified Bidder" in an auction agreement
This definition links "Qualified Bidder" to an individual or entity eligible to participate in the auction after meeting predetermined requirements.
"Qualified Bidder" refers to any person or entity that has submitted the necessary documentation and met the eligibility requirements to participate in the auction.
Definition of "Qualified Bidder" in a bankruptcy proceeding
This definition ties "Qualified Bidder" to a bidder who qualifies to submit offers during a bankruptcy auction for the assets of the debtor.
"Qualified Bidder" means any bidder who satisfies the requirements established by the court and is authorized to make a bid during the bankruptcy auction process.
Definition of "Qualified Bidder" in a real estate sale agreement
This definition connects "Qualified Bidder" to individuals or entities who have been pre-approved to bid on real estate properties.
"Qualified Bidder" refers to any person or entity that has been verified and approved to participate in the bidding process for the sale of real estate.
Definition of "Qualified Bidder" in an asset sale agreement
This definition links "Qualified Bidder" to an individual or entity allowed to make an offer for the assets being sold.
"Qualified Bidder" means a party that has complied with the necessary criteria and been approved by the seller to submit a bid for the assets being sold.
Definition of "Qualified Bidder" in a securities offering agreement
This definition ties "Qualified Bidder" to a party eligible to participate in bidding during a securities offering.
"Qualified Bidder" refers to any investor who satisfies the regulatory and financial requirements to participate in the bidding process for the securities offering.
Definition of "Qualified Bidder" in a tender offer
This definition connects "Qualified Bidder" to a party authorized to participate in a tender offer based on specific qualifications.
"Qualified Bidder" means any bidder who has met the eligibility criteria established by the offeror and is permitted to submit a tender offer.
Definition of "Qualified Bidder" in a debt restructuring agreement
This definition ties "Qualified Bidder" to a party who meets specific criteria and is allowed to participate in the debt restructuring process.
"Qualified Bidder" refers to any creditor or entity that has met the specified requirements to participate in the debt restructuring bidding process.
Definition of "Qualified Bidder" in a government procurement agreement
This definition connects "Qualified Bidder" to a bidder who has met the government’s standards for participation in the procurement process.
"Qualified Bidder" means any bidder that has complied with the qualification requirements established by the government and is permitted to participate in the procurement process.
Definition of "Qualified Bidder" in a bankruptcy asset sale
This definition ties "Qualified Bidder" to a bidder who meets specific eligibility requirements to purchase assets during a bankruptcy proceeding.
"Qualified Bidder" refers to any entity that has provided sufficient evidence of its financial capacity and intent to participate in the asset sale of the bankruptcy estate.
Definition of "Qualified Bidder" in a stock purchase agreement
This definition connects "Qualified Bidder" to a party approved to submit bids in a stock purchase agreement.
"Qualified Bidder" means any person or entity who has met the buyer qualifications and is authorized to submit bids for the purchase of stock.
Definition of "Qualified Bidder" in a debt-for-equity swap
This definition links "Qualified Bidder" to a party eligible to participate in a debt-for-equity swap.
"Qualified Bidder" refers to any creditor or party that meets the necessary qualifications to participate in a debt-for-equity swap transaction.
Definition of "Qualified Bidder" in a private sale agreement
This definition ties "Qualified Bidder" to a party pre-approved to make an offer in a private sale transaction.
"Qualified Bidder" means any person or entity that has satisfied the seller’s criteria and is eligible to participate in the private sale of assets.
Definition of "Qualified Bidder" in a foreclosure auction
This definition connects "Qualified Bidder" to a party eligible to participate in the bidding process during a foreclosure auction.
"Qualified Bidder" refers to any party that meets the foreclosure auction requirements and is authorized to make a bid on the property.
Definition of "Qualified Bidder" in a contract negotiation
This definition ties "Qualified Bidder" to a party eligible to submit bids for a contract based on established criteria.
"Qualified Bidder" means any entity that has been vetted and approved to submit bids for the negotiation and awarding of the contract.
Definition of "Qualified Bidder" in a corporate spin-off
This definition links "Qualified Bidder" to an individual or entity approved to make an offer in the sale of assets following a corporate spin-off.
"Qualified Bidder" refers to any entity that has met the necessary conditions and is authorized to make an offer on the assets post-spin-off.
Definition of "Qualified Bidder" in an equity financing transaction
This definition connects "Qualified Bidder" to a party eligible to participate in an equity financing transaction.
"Qualified Bidder" means any investor who has met the financial and regulatory requirements and is approved to participate in the equity financing transaction.
Definition of "Qualified Bidder" in an intellectual property sale
This definition ties "Qualified Bidder" to a party eligible to bid on intellectual property assets in a sale transaction.
"Qualified Bidder" refers to any person or entity that has provided the required documentation and been approved to participate in the intellectual property asset sale.
Definition of "Qualified Bidder" in a private equity auction
This definition links "Qualified Bidder" to a party eligible to participate in a private equity auction.
"Qualified Bidder" means any individual or entity that has satisfied the eligibility requirements to participate in a private equity auction.
Definition of "Qualified Bidder" in an insurance auction
This definition connects "Qualified Bidder" to an insurer or entity eligible to submit a bid during an insurance auction.
"Qualified Bidder" refers to any insurance company that has met the eligibility requirements to participate in the insurance auction.
Definition of "Qualified Bidder" in a credit facility auction
This definition ties "Qualified Bidder" to a lender eligible to submit a bid during a credit facility auction.
"Qualified Bidder" means any financial institution that has met the credit criteria and is eligible to participate in the credit facility auction.
Definition of "Qualified Bidder" in a utility asset auction
This definition links "Qualified Bidder" to an entity eligible to bid on the assets of a utility company.
"Qualified Bidder" refers to any party that has been pre-approved and meets the financial and regulatory requirements to participate in the utility asset auction.
Definition of "Qualified Bidder" in a distressed asset sale
This definition connects "Qualified Bidder" to a bidder who meets specific financial qualifications to participate in a distressed asset sale.
"Qualified Bidder" means any entity that has been approved to participate in the sale of distressed assets, based on their financial ability to complete the transaction.
Definition of "Qualified Bidder" in a partnership agreement
This definition ties "Qualified Bidder" to a party eligible to participate in a partnership agreement bidding process.
"Qualified Bidder" refers to any party that meets the qualifications to bid on partnership interests in accordance with the terms of the partnership agreement.
Definition of "Qualified Bidder" in a joint venture sale
This definition links "Qualified Bidder" to an entity eligible to submit a bid for acquiring interests in a joint venture.
"Qualified Bidder" means any entity that has met the necessary qualification criteria to submit a bid for the purchase of joint venture interests.
Definition of "Qualified Bidder" in a government asset sale
This definition connects "Qualified Bidder" to a party eligible to participate in the sale of government-owned assets.
"Qualified Bidder" refers to any person or entity that has satisfied all legal and regulatory requirements to participate in the government asset sale.
Definition of "Qualified Bidder" in a special situation transaction
This definition ties "Qualified Bidder" to a bidder eligible to participate in transactions involving special situations, such as restructurings or distressed sales.
"Qualified Bidder" means any entity that meets the specified conditions for participating in special situation transactions.
Definition of "Qualified Bidder" in a corporate restructuring agreement
This definition links "Qualified Bidder" to an eligible party able to submit bids during a corporate restructuring.
"Qualified Bidder" refers to any party that has been vetted and approved to participate in the bidding process for assets during a corporate restructuring.
Definition of "Qualified Bidder" in a debt sale agreement
This definition ties "Qualified Bidder" to an individual or entity eligible to purchase debt instruments.
"Qualified Bidder" means any entity that has demonstrated the financial capability and meets all criteria to submit a bid in the debt sale.
Definition of "Qualified Bidder" in a venture capital investment process
This definition connects "Qualified Bidder" to a party eligible to participate in a venture capital auction or bidding process.
"Qualified Bidder" refers to any venture capital firm that meets the necessary criteria to participate in the investment process.
Definition of "Qualified Bidder" as a Party Meeting All Required Criteria
This definition links "Qualified Bidder" to the necessity of meeting specific financial and legal requirements to participate in an auction.
"Qualified Bidder" means any party that has submitted the necessary documentation and met the financial and regulatory requirements set forth by the auctioneer or seller, including the provision of proof of funds and a formal application.
Definition of "Qualified Bidder" as a Legally Approved Participant
This definition connects "Qualified Bidder" to the legal criteria for participation in a transaction.
"Qualified Bidder" refers to a party that has been reviewed, vetted, and approved by the governing body or seller, ensuring compliance with all legal and procedural prerequisites for the bid.
Definition of "Qualified Bidder" as an Approved Auction Participant
This definition ties "Qualified Bidder" to its role in an auction setting, where only those who meet criteria are allowed to submit bids.
"Qualified Bidder" refers to a participant who has completed all necessary registration steps, verified their financial standing, and been authorized to place bids during the auction.
Definition of "Qualified Bidder" as a Financially Eligible Participant
This definition emphasizes the importance of financial eligibility for a "Qualified Bidder."
"Qualified Bidder" means any bidder who has demonstrated their financial capacity to participate in the auction or sale, including providing financial statements or a letter of credit to the auction house or seller.
Definition of "Qualified Bidder" in the Context of Mergers and Acquisitions
This definition ties "Qualified Bidder" to a corporate or institutional bidder with the requisite qualifications for mergers or acquisitions.
"Qualified Bidder" refers to an entity that has been evaluated and approved based on its financial stability, operational capacity, and experience in executing mergers or acquisitions, allowing it to participate in the bidding process for the target company.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.