Common use of HOW TO BID Clause in Contracts

HOW TO BID. 3.1. E-Bidders may browse through the xxxx0xxx.xxx website and select the properties they wish to bid. 3.2. E-Bidders are required to agree and accept the xxxx0xxx.xxx’s Terms & Conditions before proceeding with the bid. 3.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the xxxx0xxx.xxx and shall be deemed to have been read and agreed upon by the E-Bidders prior to bidding. In the event of any inconsistency between the Terms & Conditions stated herein and the Conditions of Sale attached to the Proclamation of Sale, the Conditions of Sale attached to the Proclamation of Sale shall prevail. 3.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to the Proclamation of Sale. Payment of the deposit must be made via Bank Draft or Cashier’s Order in favour of Maybank Islamic Berhad or via local bank transfer to MAYBANK ISLAMIC BERHAD in favour of MNP AUCTIONEERS (CENTRAL) SB (B DEPOSIT) Account No: 5070-5961-1122. Evidence of the transfer must be uploaded and submitted at the time of registration. 3.5. E-Bidders are required to complete the registration process by inserting the relevant details and uploading the relevant documents including evidence of payment of the deposit onto the xxxx0xxx.xxx latest by 11.59 pm, at least one (1) working day before the auction date. 3.6. Registration shall be subject to verification and approval of xxxx0xxx.xxx and subject further to deposit payment being cleared by the bank. Please take note that approval from xxxx0xxx.xxx administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of xxxx0xxx.xxx. Neither xxxx0xxx.xxx nor its agents and/or representatives bears any responsibility or assumes any liability in the event that the registration of a prospective E-Bidder is rejected and/or delayed for any reason whatsoever. In the event of the registration is rejected, the deposit paid (if cleared by the bank) shall be refunded to the same bank account from which the deposit transfer was made within two (2) working days.

Appears in 9 contracts

Samples: Sale and Purchase Agreement, Facility Agreement, Facility Agreement

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HOW TO BID. 3.1. E-Bidders may browse through the xxxx0xxx.xxx NCM website and select the properties they the E-Bidders wish to bid. 3.2. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept accepted the xxxx0xxx.xxx’s NCM website Terms & Conditions before proceeding with the bidConditions. 3.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the xxxx0xxx.xxx NCM website and shall be deemed to have been read and agreed upon by the E-Bidders prior to bidding. In the event of any inconsistency between the Terms & Conditions stated herein and the Conditions of Sale attached to the Proclamation of Sale, the Conditions of Sale attached to the Proclamation of Sale shall prevail. 3.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to the Proclamation of Sale. Payment of the deposit must be made via Bank Draft or Cashier’s Order in favour of Maybank Islamic Berhad AMBANK ISLAMIC BERHAD for the account of XXXXXXX XXXXXXXXXX BIN ABD XXXXXX or via FPX (Financial Process Exchange) which is an online payment gateway that facilitates local bank interbank transfer to MAYBANK ISLAMIC BERHAD in favour of MNP AUCTIONEERS (CENTRAL) SB (B DEPOSIT) Account No: 5070-5961-1122. Evidence of the transfer must be uploaded and submitted at the time of registrationfunds or via XXXXXX. 3.5. E-Bidders are required to complete the registration process by inserting the relevant details and uploading the relevant documents including evidence of payment of onto the NCM website and make the deposit onto the xxxx0xxx.xxx payment as stipulated in Part 3.4 above latest by 11.59 5pm, at least one (1) working day before the auction date. The Auctioneer will hold the deposit received in the Auctioneer’s bank account as “stakeholder” and such deposit will be paid out in accordance to Part 5.1 below. 3.6. Registration shall be subject to verification and approval of xxxx0xxx.xxx NCM website and subject further to deposit payment being cleared by the bank. Please take note that approval from xxxx0xxx.xxx NCM website administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of xxxx0xxx.xxxthe NCM website. Neither xxxx0xxx.xxx NCM website nor its agents and/or representatives bears bear(s) any responsibility or assumes assume(s) any liability in the event that the registration of a prospective E-Bidder is rejected and/or delayed for any reason whatsoever. In the event of the registration is rejected, the deposit paid (if cleared by the bank) shall be refunded to the same bank account from which the deposit transfer was made within two (2) working days.

Appears in 1 contract

Samples: Master Facility Agreement

HOW TO BID. 3.1. E-Bidders may browse through the xxxx0xxx.xxx website Auctioneer’s Website and select the properties they the E-Bidders wish to bid. 3.2. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept the xxxx0xxx.xxx’s accepted this Online Terms & Conditions before proceeding with the bidand Conditions. 3.3. The This Online Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the xxxx0xxx.xxx Auctioneer’s Website and shall be deemed to have been read and agreed upon by the E-Bidders prior to bidding. In the event of any inconsistency between the this Online Terms & and Conditions stated herein and the Conditions of Sale attached to the Proclamation of Sale, the Conditions of Sale attached to the Proclamation of Sale shall prevail. 3.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to the Proclamation of Sale. Payment of the deposit must be made via Bank Draft or Cashier’s Order in favour of Maybank Islamic Berhad HONG XXXXX BANK BERHAD/LOW XXXX XXXXX & LOW XXXX XXXXX or to be remitted via FPX (Financial Process Exchange) which is an online payment gateway that facilitates local bank interbank transfer to MAYBANK ISLAMIC BERHAD in favour of MNP AUCTIONEERS (CENTRAL) SB (B DEPOSIT) Account No: 5070-5961-1122. Evidence of funds and available on the transfer must be uploaded and submitted at the time of registrationAuctioneer’s Website. 3.5. E-Bidders are required to complete the registration process by inserting the relevant details and uploading the relevant documents including evidence of payment of onto the Auctioneer’s Website and make the deposit onto the xxxx0xxx.xxx payment as stipulated in Part 3.4 above latest by 11.59 5pm, at least one (1) working day before the auction date. The Auctioneer will hold the deposit received in the Auctioneer’s bank account as “stakeholder” and such deposit will be paid out in accordance to Part 5.1 below. 3.6. Registration shall be subject to verification and approval of xxxx0xxx.xxx Auctioneer’s Website and subject further to deposit payment being cleared by the bank. Please take note that approval from xxxx0xxx.xxx Auctioneer’s Website administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of xxxx0xxx.xxxthe Auctioneer’s Website. Neither xxxx0xxx.xxx Auctioneer’s Website nor its agents and/or representatives bears bear(s) any responsibility or assumes assume(s) any liability in the event that the registration of a prospective E-Bidder is rejected and/or delayed for any reason whatsoever. In the event of the registration is rejected, the deposit paid (if cleared by the bank) shall be refunded to the same bank account from which the deposit transfer was made within two (2) working days.

Appears in 1 contract

Samples: Facilities Agreement

HOW TO BID. 3.1. E-Bidders may browse through the xxxx0xxx.xxx website Auctioneer’s Website and select the properties they the E-Bidders wish to bid. 3.2. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept the xxxx0xxx.xxx’s accepted this Online Terms & Conditions before proceeding with the bidand Conditions. 3.3. The This Online Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the xxxx0xxx.xxx Auctioneer’s Website and shall be deemed to have been read and agreed upon by the E-Bidders prior to bidding. In the event of any inconsistency between the this Online Terms & and Conditions stated herein and the Conditions of Sale attached to the Proclamation of Sale, the Conditions of Sale attached to the Proclamation of Sale shall prevail. 3.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to the Proclamation of Sale. Payment of the deposit must be made via Bank Draft or Cashier’s Order in favour of Maybank Islamic Berhad HONG XXXXX BANK BERHAD/RAGURAJ A/L KRISHNAN & SHALANI A/P XXXXXX or to be remitted via FPX (Financial Process Exchange) which is an online payment gateway that facilitates local bank interbank transfer to MAYBANK ISLAMIC BERHAD in favour of MNP AUCTIONEERS (CENTRAL) SB (B DEPOSIT) Account No: 5070-5961-1122. Evidence of funds and available on the transfer must be uploaded and submitted at the time of registrationAuctioneer’s Website. 3.5. E-Bidders are required to complete the registration process by inserting the relevant details and uploading the relevant documents including evidence of payment of onto the Auctioneer’s Website and make the deposit onto the xxxx0xxx.xxx payment as stipulated in Part 3.4 above latest by 11.59 5pm, at least one (1) working day before the auction date. The Auctioneer will hold the deposit received in the Auctioneer’s bank account as “stakeholder” and such deposit will be paid out in accordance to Part 5.1 below. 3.6. Registration shall be subject to verification and approval of xxxx0xxx.xxx Auctioneer’s Website and subject further to deposit payment being cleared by the bank. Please take note that approval from xxxx0xxx.xxx Auctioneer’s Website administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of xxxx0xxx.xxxthe Auctioneer’s Website. Neither xxxx0xxx.xxx Auctioneer’s Website nor its agents and/or representatives bears bear(s) any responsibility or assumes assume(s) any liability in the event that the registration of a prospective E-Bidder is rejected and/or delayed for any reason whatsoever. In the event of the registration is rejected, the deposit paid (if cleared by the bank) shall be refunded to the same bank account from which the deposit transfer was made within two (2) working days.

Appears in 1 contract

Samples: Facilities Agreement

HOW TO BID. 3.1. 3.1 E-Bidders may browse through the xxxx0xxx.xxx website xxx.xxxx0xxx.xxx/xxxxxxx/xxx and select the properties they wish to bid. 3.2. 3.2 E-Bidders are required to agree and accept the xxxx0xxx.xxx’s xxx.xxxx0xxx.xxx/xxxxxxx/xxx Terms & Conditions before proceeding with the bid. 3.3. 3.3 The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the xxxx0xxx.xxx xxx.xxxx0xxx.xxx/xxxxxxx/xxx and shall be deemed to have been read and agreed upon by the E-Bidders prior to bidding. In the event of any inconsistency between the Terms & Conditions stated herein and the Conditions of Sale attached to the Proclamation of Sale, the Conditions of Sale attached to the Proclamation of Sale shall prevail. 3.4. 3.4 E-Bidders must make deposit payment as required under the Conditions of Sale attached to the Proclamation of Sale, i.e. 10% of the reserve price. Payment of the deposit must be made via Bank Draft or Cashier’s Order in favour of Maybank Islamic Malayan Banking Berhad or via local bank transfer to MAYBANK ISLAMIC MALAYAN BANKING BERHAD in favour of MNP AUCTIONEERS RAJ AUCTION HOUSE SDN. BHD. (CENTRAL) SB (B BIDDER DEPOSIT) Account NoNo : 50705570-59619053-11222237. Evidence of the transfer must be uploaded and submitted at the time of registration. 3.5. E-Bidders are required to complete the registration process by inserting the relevant details and uploading the relevant documents including evidence of payment of the deposit onto the xxxx0xxx.xxx latest by 11.59 pm, at least one (1) working day before the auction date. 3.6. Registration shall be subject to verification and approval of xxxx0xxx.xxx and subject further to deposit payment being cleared by the bank. Please take note that approval from xxxx0xxx.xxx administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of xxxx0xxx.xxx. Neither xxxx0xxx.xxx nor its agents and/or representatives bears any responsibility or assumes any liability in the event that the registration of a prospective E-Bidder is rejected and/or delayed for any reason whatsoever. In the event of the registration is rejected, the deposit paid (if cleared by the bank) shall be refunded to the same bank account from which the deposit transfer was made within two (2) working days.

Appears in 1 contract

Samples: Facility Agreement

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HOW TO BID. 3.1. E-Bidders may browse through the xxxx0xxx.xxx NCM website and select the properties they the E-Bidders wish to bid. 3.2. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept accepted the xxxx0xxx.xxx’s NCM website Terms & Conditions before proceeding with the bidConditions. 3.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the xxxx0xxx.xxx NCM website and shall be deemed to have been read and agreed upon by the E-Bidders prior to bidding. In the event of any inconsistency between the Terms & Conditions stated herein and the Conditions of Sale attached to the Proclamation of Sale, the Conditions of Sale attached to the Proclamation of Sale shall prevail. 3.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to the Proclamation of Sale. Payment of the deposit must be made via Bank Draft or Cashier’s Order by bank draft in favour of Maybank Islamic Berhad PUBLIC BANK BERHAD or via FPX (Financial Process Exchange) which is an online payment gateway that facilitates local bank interbank transfer to MAYBANK ISLAMIC BERHAD in favour of MNP AUCTIONEERS (CENTRAL) SB (B DEPOSIT) Account No: 5070-5961-1122. Evidence of the transfer must be uploaded and submitted at the time of registrationfunds or via XXXXXX. 3.5. E-Bidders are required to complete the registration process by inserting the relevant details and uploading the relevant documents including evidence of payment of onto the NCM website and make the deposit onto the xxxx0xxx.xxx payment as stipulated in Part 3.4 above latest by 11.59 5pm, at least one (1) working day before the auction date. The Auctioneer will hold the deposit received in the Auctioneer’s bank account as “stakeholder” and such deposit will be paid out in accordance to Part 5.1 below. 3.6. Registration shall be subject to verification and approval of xxxx0xxx.xxx NCM website and subject further to deposit payment being cleared by the bank. Please take note that approval from xxxx0xxx.xxx NCM website administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of xxxx0xxx.xxxthe NCM website. Neither xxxx0xxx.xxx NCM website nor its agents and/or representatives bears bear(s) any responsibility or assumes assume(s) any liability in the event that the registration of a prospective E-Bidder is rejected and/or delayed for any reason whatsoever. In the event of the registration is rejected, the deposit paid (if cleared by the bank) shall be refunded to the same bank account from which the deposit transfer was made within two (2) working days.

Appears in 1 contract

Samples: Facilities Agreement

HOW TO BID. 3.1. E-Bidders may browse through the xxxx0xxx.xxx website and select the properties they wish to bid. 3.2. E-Bidders are required to agree and accept the xxxx0xxx.xxx’s Terms & Conditions before proceeding with the bid. 3.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the xxxx0xxx.xxx and shall be deemed to have been read and agreed upon by the E-Bidders prior to bidding. In the event of any inconsistency between the Terms & Conditions stated herein and the Conditions of Sale attached to the Proclamation of Sale, the Conditions of Sale attached to the Proclamation of Sale shall prevail. 3.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to the Proclamation of Sale. Payment of the deposit must be made via Bank Draft or Cashier’s Order in favour of Maybank Islamic Berhad MALAYAN BANKING BERHAD or via local bank transfer to MAYBANK ISLAMIC MALAYAN BANKING BERHAD in favour of MNP AUCTIONEERS (CENTRAL) SB (B DEPOSIT) Account No: 5070-5961-1122. Evidence of the transfer must be uploaded and submitted at the time of registration. 3.5. E-Bidders are required to complete the registration process by inserting the relevant details and uploading the relevant documents including evidence of payment of the deposit onto the xxxx0xxx.xxx latest by 11.59 pm, at least one (1) working day before the auction date. 3.6. Registration shall be subject to verification and approval of xxxx0xxx.xxx and subject further to deposit payment being cleared by the bank. Please take note that approval from xxxx0xxx.xxx administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of xxxx0xxx.xxx. Neither xxxx0xxx.xxx nor its agents and/or representatives bears any responsibility or assumes any liability in the event that the registration of a prospective E-Bidder is rejected and/or delayed for any reason whatsoever. In the event of the registration is rejected, the deposit paid (if cleared by the bank) shall be refunded to the same bank account from which the deposit transfer was made within two (2) working days.

Appears in 1 contract

Samples: Facility Agreement and Deed of Assignment

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