BIDDING PROCEDURES. 4.1. Bidding shall generally commence based on the sequence of the lot being shown on the online bidding interface provided. However the Auctioneer has the right to vary this sequence without notice. 4.2. It shall be the responsibility of registered E-Bidders to log in through the online bidding hyperlink provided to wait for their turn to bid for the property lot in which they intend to bid. E-Bidders are advised to log in to the online bidding hyperlink provided and be on standby before the auction time. 4.3. The Auctioneer has the right to set a new auction price in the event there is more than 1 bidder. The reference to a "bidder” here includes E- Bidders as well as on-site bidders (if applicable). 4.4. The Auctioneer will announce the amount of incremental bid and the same will appear on the website prior to the commencement of the auction. biddings by entering the bid amount.
Appears in 13 contracts
Samples: Facilities Agreement, Facilities Agreement, Facilities Agreement
BIDDING PROCEDURES. 4.1. Bidding shall generally commence based on the sequence of the lot being shown on the online bidding interface provided. However the Auctioneer has the right to vary this sequence without notice.
4.2. It shall be the responsibility of registered E-Bidders to log in through the online bidding hyperlink provided to wait for their turn to bid for the property lot in which they intend to bid. E-Bidders are advised to log in to the online bidding hyperlink provided and be on standby before the auction time.
4.3. The Auctioneer has the right to set a new auction price in the event there is more than 1 bidder. The reference to a "bidder” here includes E- Bidders as well as on-site bidders (if applicable).
4.4. The Auctioneer will announce the amount of incremental bid and the same will appear on the website prior to the commencement of the auction. biddings by entering the bid amount.
Appears in 3 contracts
Samples: Facility Agreement, Composite Loan Agreement, Facilities Agreement
