Common use of BIDDING DEPOSIT Clause in Contracts

BIDDING DEPOSIT. Subject To paragraph 6.1 below, all intending bidders (except the Assignee) shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of BANK ISLAM MALAYSIA BERHAD for a sum (‘Bidding Deposit”) equivalent to ten per centum (10%) of the Reserved Price. Online Bidders are subject to the provisions of Clause(s) 2.4, 2.5 and 2.6 of the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx for the manner of payment of the deposit.

Appears in 21 contracts

Samples: Proclamation of Sale, Property Sale Agreement, Deed of Assignment (By Way of Security)

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BIDDING DEPOSIT. Subject To paragraph 6.1 below, all intending bidders (except the Assignee) shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of BANK ISLAM MALAYSIA BERHAD for a sum (‘Bidding Deposit”) equivalent to ten per centum (10%) of the Reserved PricePrice or remit the same through online banking transfer, one (1) working day before auction date. Online Bidders are subject For online bidders, please refer to the provisions of Clause(s) 2.4, 2.5 and 2.6 of the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx xxx.xxxxxxxxxxxxxxxx.xxx for the manner of payment of the deposit.

Appears in 11 contracts

Samples: Property Sale Agreement, Property Sale Agreement, Property Sale Agreement

BIDDING DEPOSIT. Subject To paragraph 6.1 below, all intending bidders (except the Assignee) shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of BANK ISLAM MALAYSIA BERHAD for a sum (‘Bidding Deposit”) equivalent to ten per centum (10%) of the Reserved Price. Online Bidders are subject For online bidders, please refer to the provisions of Clause(s) 2.4, 2.5 and 2.6 of the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx xxx.xxxxxxxxxxxxxxxx.xxx for the manner of payment of the deposit.

Appears in 6 contracts

Samples: Property Purchase Agreement and Deed of Assignment, Property Sale Agreement, Property Purchase Agreement and Deed of Assignment

BIDDING DEPOSIT. Subject To paragraph 6.1 below, all intending bidders (except the Assignee) shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of BANK ISLAM MALAYSIA BERHAD for a sum (Bidding Deposit”) equivalent to ten per centum (10%) of the Reserved PricePrice or remit the same through online banking transfer, one (1) working day before auction date. Online Bidders are subject For online bidders, please refer to the provisions of Clause(s) 2.4, 2.5 and 2.6 of the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx xxx.xxxxxxxxxxxxxxxx.xxx for the manner of payment of the deposit.

Appears in 4 contracts

Samples: Deed of Assignment (By Way of Security), Property Sale Agreement, Property Sale Agreement

BIDDING DEPOSIT. Subject To paragraph 6.1 below, all intending bidders (except the Assignee) shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of BANK ISLAM MALAYSIA BERHAD for a sum (Bidding Deposit”) equivalent to ten per centum (10%) of the Reserved Price. Online Bidders are subject to the provisions of Clause(s) 2.4, 2.5 and 2.6 of the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx for the manner of payment of the deposit.

Appears in 2 contracts

Samples: Property Sale Agreement, Tawarruq Master Facility Agreement

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BIDDING DEPOSIT. Subject To to paragraph 6.1 below, all intending bidders (except the Assignee) shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of BANK ISLAM MALAYSIA BERHAD for a sum (‘Bidding Deposit”) equivalent to ten per centum (10%) of the Reserved Price. Online Bidders are subject to the provisions of Clause(s) 2.4, 2.5 and 2.6 of the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx for the manner of payment of the deposit.

Appears in 2 contracts

Samples: Deed of Assignment, Sale Agreement, Novation Agreement, Deed of Assignment, Sale Agreement, Novation Agreement

BIDDING DEPOSIT. Subject To paragraph 6.1 below, all intending bidders (except the Assignee) shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of BANK ISLAM MALAYSIA BERHAD for a sum (‘Bidding Deposit”) equivalent to ten per centum (10%) of the Reserved PricePrice or remit the same through online banking transfer, one (1) working day before auction date. Online Bidders are subject For online bidders, please refer to the provisions of Clause(s) 2.4, 2.5 and 2.6 of the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx xxx.xxxxxxxxxxxxxxxx.xxx for the manner of payment of the deposit.

Appears in 2 contracts

Samples: Property Sale Agreement, Property Sale Agreement

BIDDING DEPOSIT. Subject To paragraph 6.1 below, all intending bidders (except the Assignee) shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of BANK ISLAM MALAYSIA BERHAD for a sum (Bidding Deposit”) equivalent to ten per centum (10%) of the Reserved Price. Online Bidders are subject For online bidders, please refer to the provisions of Clause(s) 2.4, 2.5 and 2.6 of the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx xxx.xxxxxxxxxxxxxxxx.xxx for the manner of payment of the deposit.

Appears in 1 contract

Samples: Property Sale Agreement

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