Deposit/ Withdrawal of Funds Sample Clauses

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Deposit/ Withdrawal of Funds. 5.1. Funds deposit to the Client trading account

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Related to Deposit/ Withdrawal of Funds

• Withdrawal of Bid Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

• Modification and Withdrawal of Bids 22.1 Bidders may modify or withdraw their bids by giving notice in writing before the deadline prescribed in Clause 20.