Common use of BIDDING PRICE Clause in Contracts

BIDDING PRICE. 4.1 Prior to the commencement of the auction sale, all persons or parties intending to bid for the property at the auction sale shall deposit with the Auctioneer a valid bank draft or cashier’s order drawn of MBSB for a sum equivalent to TEN Per Centum (10%) of the reserve price (“The Bidding Deposit”). 4.2 The auction sale shall be deemed to have commenced upon being so declared by the Auctioneer. 4.3 Any party failing to deposit the bidding deposit with the Auctioneer within the time and in the manner specified in paragraph 4.1 hereto shall not be permitted to participate at the auction sale. 4.4 Notwithstanding anything herein stated MBSB shall be permitted to bid at the auction sale without having to deposit with the Auctioneer the bidding deposit.

BIDDING PRICE. 4.1 Prior to the commencement of the auction sale, all persons or parties intending to bid for the property at the auction sale shall be deposit with the Auctioneer a valid bank draft Bank Draft or cashierCashier’s order Order drawn of MBSB BANK BERHAD for a sum equivalent to TEN Per Centum ten per centum (10%) of the reserve price Reserve Price (“The Bidding Deposit”). 4.2 The auction sale shall be deemed to have commenced upon being so declared by the Auctioneer. 4.3 Any party failing to deposit the bidding deposit with the Auctioneer within the time and in the manner specified in paragraph 4.1 hereto shall not be permitted to participate at the auction sale. 4.4 Notwithstanding anything herein stated MBSB BANK BERHAD shall be permitted to bid at the auction sale without having to deposit with the Auctioneer the bidding deposit.

BIDDING PRICE. 4.1 Prior to the commencement of the auction sale, all persons or parties intending to bid for the property at the auction sale shall be deposit with the Auctioneer a valid bank draft Bank Draft or cashier’s order Cashier‟s Order drawn of MBSB BANK BERHAD for a sum equivalent to TEN Per Centum ten per centum (10%) of the reserve price Reserve Price (“The Bidding Deposit”). 4.2 The auction sale shall be deemed to have commenced upon being so declared by the Auctioneer. 4.3 Any party failing to deposit the bidding deposit with the Auctioneer within the time and in the manner specified in paragraph 4.1 hereto shall not be permitted to participate at the auction sale. 4.4 Notwithstanding anything herein stated MBSB BANK BERHAD shall be permitted to bid at the auction sale without having to deposit with the Auctioneer the bidding deposit.

BIDDING PRICE. 4.1 Prior to the commencement of the auction sale, all persons or parties intending to bid for the property at the auction sale shall deposit with the Auctioneer a valid bank draft or cashier’s order drawn of MBSB ABB for a sum equivalent to TEN Per Centum (10%) of the reserve price (“The Bidding Deposit”). 4.2 The auction sale shall be deemed to have commenced upon being so declared by the Auctioneer. 4.3 Any party failing to deposit the bidding deposit with the Auctioneer within the time and in the manner specified in paragraph 4.1 hereto shall not be permitted to participate at the auction sale. 4.4 Notwithstanding anything herein stated MBSB ABB shall be permitted to bid at the auction sale without having to deposit with the Auctioneer the bidding deposit.

BIDDING PRICE. 4.1 Prior to the commencement of the auction sale, all persons or parties intending to bid for the property at the auction sale shall be deposit with the Auctioneer a valid bank draft Bank Draft or cashierCashier’s order Order drawn of MBSB for a sum equivalent to TEN Per Centum ten per centum (10%) of the reserve price Reserve Price (“The Bidding Deposit”). 4.2 The auction sale shall be deemed to have commenced upon being so declared by the Auctioneer. 4.3 Any party failing to deposit the bidding deposit with the Auctioneer within the time and in the manner specified in paragraph 4.1 hereto shall not be permitted to participate at the auction sale. 4.4 Notwithstanding Not withstanding anything herein stated MBSB shall be permitted to bid at the auction sale without having to deposit with the Auctioneer the bidding deposit.

BIDDING PRICE. 4.1 Prior to the commencement of the auction sale, all persons or parties intending to bid for the property at the auction sale shall be deposit with the Auctioneer a valid bank draft Bank Draft or cashierCashier’s order Order drawn of MBSB BANK BERHAD for a sum equivalent to TEN Per Centum ten per centum (10%) of the reserve price Reserve Price (“The Bidding Deposit”). 4.2 The auction sale shall be deemed to have commenced upon being so declared by the Auctioneer. 4.3 Any party failing to deposit the bidding deposit with the Auctioneer within the time and in the manner specified in paragraph 4.1 hereto shall not be permitted to participate at the auction sale. 4.4 Notwithstanding Not with standing anything herein stated MBSB BANK BERHAD shall be permitted to bid at the auction sale without having to deposit with the Auctioneer the bidding deposit.