BIDDING PROCEDURES TO KEEP IN MIND Sample Clauses

BIDDING PROCEDURES TO KEEP IN MIND. 1. All bidding is open to the public. You will need to raise your hand or call out your bid as the auctioneer asks for bids. It is easy! Don't be bashful! This is a one-time opportunity. Watch the auctioneer and his bid assistants. They will take your bid and will assist you with any questions. 2. The terms of sale are contained in the form of Agreement to Purchase, Exhibit A and this Exhibit B, all of which have been posted to the auction website and are included in each Bidder’s Packet, subject to any update that is approved by Seller and announced by the auctioneer from the podium as part of the official auction announcements prior to bidding. 3. The auction tracts are identified in Exhibit A which is included in each Bidder’s Packet. You may bid on any tract or combination of tracts or the entire property. Bidding will remain open on individual tracts and combinations until the close of the auction. 4. Bidding will be on a lump sum basis. Minimum bids are at the auctioneer’s discretion. 5. Bids are not contingent on financing, so be sure you have arranged financing, if needed, and are able to pay cash at closing. 6. The Seller is present and we anticipate that the top bid(s) at the close of the auction will be accepted. The final bid(s), however, are subject to the Seller’s acceptance or rejection.
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BIDDING PROCEDURES TO KEEP IN MIND. 1. All bidding is open to the public. You will need to raise your hand or call out your bid as the auctioneer asks for bids. It is easy! Don't be bashful! This is a one-time opportunity. Watch the auctioneer and his bid assistants. They will take your bid and will assist you with any questions. 2. For bidding purposes, the auction tracts are identified by reference to the tract numbers shown in Exhibit A in your Bidder’s Packet. Tracts 1 - 18 consist of the mineral rights identified in the marketing materials as Mineral Packages 1 - 18, respectively, and are hereinafter referred to as the “Mineral Tracts”. The descriptions have been updated for some of the Mineral Tracts, as shown in Exhibit A. Tracts 19 - 22 consist of the surface rights identified in the marketing materials as Surface Tracts 1 - 4 and are hereinafter referred to as the “Surface Tracts”. The configuration and acre estimates for some of the Surface Tracts have been revised, as shown in Exhibit A. 3. You may bid on any tract or combination of tracts or the entire property. Bidding will remain open on individual tracts and on combinations until the close of the auction. 4. Bidding will be on a lump sum basis. Minimum bids are at the discretion of the auctioneer. 5. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at Closing. 6. The final bid(s) are subject to the Seller’s acceptance or rejection. Seller’s acceptance may be executed and delivered on or before February 4, 2019. 7. The individual trustees of the Xxxx and Xxxxx Xxxxxxxx Foundation reserve the right to bid on their own behalf or on behalf of an entity owned by one or more of such trustees.
BIDDING PROCEDURES TO KEEP IN MIND. 1. All bidding is open to the public. You will need to raise your hand or call out your bid as the auctioneer asks for bids. It is easy! Don't be bashful! This is a one-time opportunity. Watch the auctioneer and his bid assistants. They will take your bid and will assist you with any questions. 2. The auction tracts are approximately depicted and identified by tract number in the aerial tract maps which are included in each Bidder’s Packet as Exhibit A. You may bid on any tract or combination of tracts or the entire property. Bidding will remain open on individual tracts and combinations until the close of the auction. 3. Bidding will be on a lump sum basis. Minimum bids are at the auctioneer’s discretion. 4. Bids are not contingent on financing, so be sure you have arranged financing, if needed, and are able to pay cash at closing. 5. The final bids are subject to the Sellersacceptance or rejection. The final bids may be accepted on the evening of the auction or any time the following day.
BIDDING PROCEDURES TO KEEP IN MIND. 1. All bidding is open to the public. You will need to raise your hand or call out your bid as the auctioneer asks for bids. It is easy! Don't be bashful! This is a one-time opportunity. Watch the auctioneer and his bid assistants. They will take your bid and will assist you with any questions. 2. The auction tracts are identified or described in the Revised Auction Tract Map which is included in your Bidder’s Packet as Exhibit A. 3. You may bid on any tract or combination of tracts or the entire property, except that Tract 2 is a “swing tract” and may be purchased only by an adjoining landowner or as part of a tract combination that includes Tract 1 and/or Tract 3. 4. Bidding will remain open on individual tracts and combinations until the close of the auction. Bidding will be on a lump sum basis. Minimum bids are at the auctioneer’s discretion. 5. Bids are not contingent on financing, so be sure you have arranged financing, if needed, and are able to pay cash at closing. 6. The Seller is present and we anticipate that the top bid(s) at the close of the auction will be accepted. The final bid(s), however, are subject to the Seller’s acceptance or rejection.
BIDDING PROCEDURES TO KEEP IN MIND. 1. All bidding is open to the public. You will need to raise your hand or call out your bid as the auctioneer asks for bids. It is easy! Don't be bashful! This is a one-time opportunity. Watch the auctioneer and his bid assistants. They will take your bid and will assist you with any questions. 2. You may bid on any tract or combination of tracts or the entire property. Bidding will remain open on individual tracts and all combinations until the close of the auction. 3. Bidding will be on a lump sum basis. Minimum bids are at the discretion of the auctioneer. 4. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. 5. The Seller is present and we anticipate that the top bid(s) at the close of the auction will be accepted. The final bid(s), however, are subject to the Seller’s acceptance or rejection.
BIDDING PROCEDURES TO KEEP IN MIND. 1. All bidding is open to the public. You will need to raise your hand or call out your bid as the auctioneer asks for bids. It is easy! Don't be bashful! This is a one-time opportunity. Watch the auctioneer and his bid assistants. They will take your bid and will assist you with any questions. 2. Bidding will be on a lump sum basis. Minimum bids are at the auctioneer’s discretion. 3. Bids are not contingent on financing, so be sure you have arranged financing, if needed, and are able to pay cash at closing. 4. The Seller is present and we anticipate that the top bid at the close of the auction will be accepted. The final bid, however, is subject to the Seller’s acceptance or rejection.
BIDDING PROCEDURES TO KEEP IN MIND. 1. All bidding is open to the public. You will need to raise your hand or call out your bid as the auctioneer asks for bids. It is easy! Don't be bashful! This is a one-time opportunity. Watch the auctioneer and his bid assistants. They will take your bid and will assist you with any questions. 2. All prospective bidders must register with the Auction Company and receive a bidder number in order to bid at the auction. No absentee or phone bids will be accepted at the auction without the prior approval of Auction Company. 3. An auction tract map is included in your Bidder’s Packet as Exhibit A. 4. Bidding will be conducted according to the Multi-Parcel Auction Method. You may bid on any tract or combination of tracts or the entire property. Bidding will remain open on individual tracts and on combinations until the close of the auction. 5. Bidding will be on a lump sum basis. Minimum bids and bidding increments are at the sole discretion of the auctioneer. 6. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. 7. Representatives of the Seller are present and we anticipate that the top bid(s) at the close of the auction will be accepted. The final bid(s), however, are subject to the Seller’s acceptance or rejection. 8. These auction terms (and any updates officially announced by the auctioneer) will take precedence over all previous marketing materials.
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BIDDING PROCEDURES TO KEEP IN MIND. 1. Bidding is open to registered bidders who have made arrangements with the Auction Company to bid online or via telephone. The auction will be conducted by and at the direction of the auctioneer calling for bids via live simulcast. 2. The terms of sale are contained in the following documents which have been posted to the auction website and included in the Bidder’s Packets distributed via mail and/or email prior to the auction: • Agreement to Purchase; • Exhibit A (Revised Auction Tract Map); • This Addendum A; and • Addendum B (form of Declaration of Easement). 3. You may bid on either tract or the entire property. Bidding will remain open on the individual tracts and the entire property until the close of the auction. 4. Bidding will be on a lump sum basis. Minimum bids are at the auctioneer’s discretion. 5. Bids are not contingent on financing, so be sure you have arranged financing, if needed, and are able to pay cash at closing. 6. The final bid(s) are subject to the Seller’s acceptance or rejection. The final bid(s) may be accepted on the evening of the auction or any time the following day.
BIDDING PROCEDURES TO KEEP IN MIND. 1. Bidding is open to registered bidders who have made arrangements with the Auction Company to bid online or via telephone. The auction will be conducted by and at the direction of the auctioneer calling for bids via live simulcast. 2. The terms of sale are contained in the Agreement to Purchase, Exhibit A and this Addendum A, all of which have been posted to the auction website and included in the Bidder’s Packets distributed via mail and/or email prior to the auction. 3. You may bid on any tract or combination of tracts or the entire property. Bidding will remain open on individual tracts and combinations until the close of the auction. 4. Bidding will be on a lump sum basis. Minimum bids are at the auctioneer’s discretion. 5. Bids are not contingent on financing, so be sure you have arranged financing, if needed, and are able to pay cash at closing. 6. The final bid(s) are subject to the Seller’s acceptance or rejection. Seller’s acceptance may be delivered any time on or before Wednesday, December 2, 2020.
BIDDING PROCEDURES TO KEEP IN MIND. 1. All bidding is open to the public. You will need to raise your hand or call out your bid as the auctioneer asks for bids. It is easy! Don't be bashful! This is a one-time opportunity. Watch the auctioneer and his bid assistants. They will take your bid and will assist you with any questions. 2. You may bid on any tract or combination of tracts or the entire property. Bidding will remain open on individual tracts and all combinations until the close of the auction. 3. Bidding will be on a lump sum basis. Minimum bids are at the discretion of the auctioneer. 4. Your bidding is not conditional upon obtaining financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
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