Qualified Bid

Qualified Bid. Means a Competing Proposal (a) whose value is greater than the sum of (i) the Purchase Price and (ii) $2,000,000, (b) that is accompanied by satisfactory evidence of committed financing or other ability to perform, and (c) is accompanied by a good faith deposit of $2,000,000. For avoidance of doubt, this Agreement shall be deemed to be a Qualified Bid for substantially all of Seller's CR assets.

Qualified Bid. Has the meaning set forth in the Bidding Procedures