Common use of ADDITIONAL TIME FOR PAYMENT Clause in Contracts

ADDITIONAL TIME FOR PAYMENT. Any person who fails to consummate a purchase after submitting the Highest Bid may be barred from participating in future sales or bidding on our sites. By making a bid on a property, you agree to be bound by the conditions of sale included in the marketing so long as those conditions of sale are not in violation of this Agreement or unlawful under applicable law. Bids cannot be withdrawn by the Buyer once placed. Additionally, if you, as a Bidder or Buyer, fail to complete the transaction, you may be in breach of contract and subject to legal claims by the Creditor, and/or other parties to the transaction, including but not limited to AOA and its parent companies and affiliates.