Common use of ONLINE PUBLIC AUCTION PROCESS Clause in Contracts

ONLINE PUBLIC AUCTION PROCESS. 2.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. website and select the properties they wish to bid & click VIEW DETAIL to see more. 2.2. Bidders need to click REGISTRATION FOR ONLINE BIDDER button. 2.3. E-Bidders are required to agree and accept the PG ACT FAST AUCTION (SABAH) SDN. BHD. website Terms & Conditions before proceeding with the bid. 2.4. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. 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. 2.5. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price. Payment of the deposit must be made via local bank transfer to MALAYAN BANKING BERHAD in favor of PG ACT FAST AUCTION (SABAH) SDN. BHD. (BIDDER DEPOSIT) Account No: 5101 4363 7398. Evidence of the transfer must be uploaded and submitted at the time of registration. 2.6. 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 PG ACT FAST AUCTION (SABAH) SDN. BHD. website latest by 3.00 P.M, at least one (1) working day before the auction date. 2.7. Registration shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. website and subject further to deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. BHD administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the PG ACT FAST AUCTION (SABAH) SDN. BHD. website. Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. website 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 (3) working days. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 18 contracts

Samples: Facilities Agreement, Facilities Agreement, Facilities Agreement

AutoNDA by SimpleDocs

ONLINE PUBLIC AUCTION PROCESS. 2.13.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and select the properties they the E-Bidders wish to bid & click VIEW DETAIL to see morebid. 2.23.2. Bidders need to click REGISTRATION FOR ONLINE BIDDER button. 2.3. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept accepted the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website Terms & Conditions before proceeding with the bidConditions. 2.43.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA 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. 2.53.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price. Payment of the deposit must be made via local bank transfer to MALAYAN BANKING HONG XXXXX BANK BERHAD in favor favour of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA AUCTIONEERS SDN BHD (BIDDER DEPOSIT) Account No: 5101 4363 7398053-00-11144-3. Evidence of the transfer must be uploaded and submitted at the time of registration. latest by 2.00 pm, at least one (1) working days before the auction date. 2.63.5. 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 PG ACT FAST AUCTION (SABAH) SDN. BHD. website latest by 3.00 P.M, at least one (1) working day before the auction date.PALMA website 2.73.6. Registration shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and subject further to deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. PALMA AUCTIONEERS SDN BHD administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website. Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website nor its agents and/or representatives bears any responsibility or assumes any liability in the event that the registration re2/gistration 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 (32) working days. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 6 contracts

Samples: Facilities Agreement, Facilities Agreement, Facilities Agreement

ONLINE PUBLIC AUCTION PROCESS. 2.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. website and select the properties they wish to bid & click VIEW DETAIL to see more. 2.2. Bidders need to click REGISTRATION FOR ONLINE BIDDER button. 2.3. E-Bidders are required to agree and accept the PG ACT FAST AUCTION (SABAH) SDN. BHD. website Terms & Conditions before proceeding with the bid. 2.4. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. 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. 2.5. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price. Payment of the deposit must be made via local bank transfer to MALAYAN BANKING BERHAD in favor of PG ACT FAST AUCTION (SABAH) SDN. BHD. (BIDDER DEPOSIT) Account No: 5101 4363 7398. Evidence of the transfer must be uploaded and submitted at the time of registration. 2.6. 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 PG ACT FAST AUCTION (SABAH) SDN. BHD. website latest by 3.00 P.M, at least one (1) working day before the auction date. 2.7. Registration shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. website and subject further to deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. BHD administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the PG ACT FAST AUCTION (SABAH) SDN. BHD. website. Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. website 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 (3) working days. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,, registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 4 contracts

Samples: Deed of Assignment, Power of Attorney and Facilities Agreement, Facilities Agreement and Power of Attorney, Facilities Agreement

ONLINE PUBLIC AUCTION PROCESS. 2.13.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and select the properties they the E-Bidders wish to bid & click VIEW DETAIL to see morebid. 2.23.2. Bidders need to click REGISTRATION FOR ONLINE BIDDER button. 2.3. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept accepted the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website Terms & Conditions before proceeding with the bidConditions. 2.43.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA 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. 2.53.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price. Payment of the deposit must be made via local bank transfer to MALAYAN BANKING AMBANK ISLAMIC BERHAD in favor favour of PG ACT FAST AUCTION (SABAH) SDN. BHD. (BIDDER DEPOSIT) PALMA AUCTIONEERS SDN BHD Account No: 5101 4363 73988881050762822. Evidence of the transfer must be uploaded and submitted at the time of registration. 2.63.5. 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 PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website latest by 3.00 P.M2.00pm, at least one (1) working day days before the auction date. 2.73.6. Registration shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and subject further to deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. PALMA AUCTIONEERS SDN BHD administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website. Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website 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 Three (3) working days. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 4 contracts

Samples: Property Purchase Agreement, Composite Loan Agreement, Facilities Agreement

ONLINE PUBLIC AUCTION PROCESS. 2.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. website and select the properties theproperties they wish to bid & click VIEW DETAIL to see more. 2.2. Bidders need to click REGISTRATION FOR ONLINE BIDDER button. 2.3. E-Bidders are required to agree and accept the PG ACT FAST AUCTION (SABAH) SDN. BHD. website Terms & Conditions before proceeding with the bid. 2.4. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. 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. 2.5. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price. Payment of the deposit must be made via local bank transfer to MALAYAN BANKING BERHAD in favor of PG ACT FAST AUCTION (SABAH) SDN. BHD. (BIDDER DEPOSIT) Account No: 5101 4363 7398. Evidence of the transfer must be uploaded and submitted at the time of registration. 2.6. 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 PG ACT FAST AUCTION (SABAH) SDN. BHD. website latest by 3.00 P.M, at least one (1) working day before the auction date. 2.7. Registration shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. website and subject further to deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. BHD administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the PG ACT FAST AUCTION (SABAH) SDN. BHD. website. Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. website 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 (3) working days. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 3 contracts

Samples: Facilities Agreement, Facilities Agreement, Facilities Agreement

ONLINE PUBLIC AUCTION PROCESS. 2.13.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and select the properties they the E-Bidders wish to bid & click VIEW DETAIL to see morebid. 2.23.2. Bidders need to click REGISTRATION FOR ONLINE BIDDER button. 2.3. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept accepted the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website Terms & Conditions before proceeding with the bidConditions. 2.43.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. Palma 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. 2.53.4. 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 depositmust be made by bank draft in favour of RHB ISLAMIC BANK BERHAD or via local bank transfer to MALAYAN BANKING RHB BANK BERHAD in favor favour of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA AUCTIONEERS SDN BHD (BIDDER DEPOSIT) Account No: 5101 4363 7398. 20708200052037 Evidence of the transfer must be uploaded and submitted at the time of registrationregistration or via XXXXXX. 2.63.5. 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 PALMA website and make the deposit onto the PG ACT FAST AUCTION (SABAH) SDN. BHD. website payment as stipulated in Part 3.4 above latest by 3.00 P.M2pm, 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. 2.73.6. Registration shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and subject further to deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. BHD PALMA 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 the PG ACT FAST AUCTION (SABAH) SDN. BHD. websitePALMA website . Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website nor its agents and/or representatives bears any 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 three (3) working days. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 3 contracts

Samples: Facility Agreement, Musharakah Agreement, Ijarah Agreement, Purchase Undertaking, Service Agency Agreement, Facilities Agreement

ONLINE PUBLIC AUCTION PROCESS. 2.13.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and select the properties they the E-Bidders wish to bid & click VIEW DETAIL to see morebid. 2.23.2. Bidders need to click REGISTRATION FOR ONLINE BIDDER button. 2.3. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept accepted the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website Terms & Conditions before proceeding with the bidConditions. 2.43.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA 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. 2.53.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 105% of the reserve price. Payment of the deposit must be made via local bank transfer to MALAYAN BANKING CIMB BANK BERHAD in favor favour of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA AUCTIONEERS SDN BHD (BIDDER DEPOSIT) Account No: 5101 4363 73988010056646. Evidence of the transfer must be uploaded and submitted at the time of registration. 2.63.5. 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 PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website latest by 3.00 P.M5.00 pm, at least one (1) working day before the auction date. 2.73.6. Registration shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and subject further to deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. PALMA AUCTIONEERS SDN BHD administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website. Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website 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 / by cheque was made within two (32) working days. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 1 contract

Samples: Loan Agreement

ONLINE PUBLIC AUCTION PROCESS. 2.13.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. Palma Auctioneers website and select the properties they the E-Bidders wish to bid & click VIEW DETAIL to see morebid. 2.23.2. Bidders need to click REGISTRATION FOR ONLINE BIDDER button. 2.3. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept accepted the PG ACT FAST AUCTION (SABAH) SDN. BHD. Palma Auctioneers website Terms & Conditions before proceeding with the bidConditions. 2.43.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. Palma Auctioneers 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. 2.53.4. 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 depositmust be made by bank draft in favour of RHB BANK BERHAD or via local bank transfer to MALAYAN BANKING RHB BANK BERHAD in favor favour of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA AUCTIONEERS SDN BHD (BIDDER DEPOSIT) Account No: 5101 4363 7398. 20708200052037 Evidence of the transfer must be uploaded and submitted at the time of registrationregistration or via XXXXXX. 2.63.5. 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 Palma Auctioneers website and make the deposit onto the PG ACT FAST AUCTION (SABAH) SDN. BHD. website payment as stipulated in Part 3.4 above latest by 3.00 P.M2pm, 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. 2.73.6. Registration shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. Palma Auctioneers website and subject further to deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. BHD Palma Auctioneers 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 the PG ACT FAST AUCTION (SABAH) SDN. BHD. Palma Auctioneers website. Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. Palma Auctioneers website nor its agents and/or representatives bears any 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 three (3) working days. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 1 contract

Samples: Proclamation of Sale

AutoNDA by SimpleDocs

ONLINE PUBLIC AUCTION PROCESS. 2.13.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and select the properties they the E-Bidders wish to bid & click VIEW DETAIL to see morebid. 2.23.2. Bidders need to click REGISTRATION FOR ONLINE BIDDER button. 2.3. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept accepted the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website Terms & Conditions before proceeding with the bidConditions. 2.43.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA 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. 2.53.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price. Payment of the deposit must be made via local bank transfer to MALAYAN BANKING RHB BANK BERHAD in favor favour of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA AUCTIONEERS SDN BHD (BIDDER DEPOSIT) Account No: 5101 4363 739820708200052037. Evidence of the transfer must be uploaded and submitted at the time of registration.. latest by 2.00 pm, at least one (1) working 2.63.5. 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 PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website latest by 3.00 P.M, at least one (1) working day days before the auction date. 2.73.6. Registration shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and subject further to deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. PALMA AUCTIONEERS SDN BHD administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website. Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website 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 three (3) working days. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 1 contract

Samples: Facility Agreement

ONLINE PUBLIC AUCTION PROCESS. 2.13.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. PGACTFAST website and select the properties they the E-Bidders wish to bid & click VIEW DETAIL to see morebid. 2.23.2. Bidders need to click REGISTRATION FOR ONLINE BIDDER button. 2.3. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept the PG ACT FAST AUCTION (SABAH) SDN. BHD. accepted PGACTFAST website Terms & Conditions before proceeding with the bidConditions. 2.43.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. PGACTFAST 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. 2.53.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price. Payment of the deposit must be made via local bank transfer to MALAYAN BANKING CIMB BANK BERHAD (BIDDER DEPOSIT) in favor favour of PG ACT FAST AUCTION (SABAH) SDN. BHD. (BIDDER DEPOSIT) SDN BHD Account No: 5101 4363 73988010722858. Evidence of the transfer must be uploaded and submitted at the time of registration. 2.63.5. 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 PG ACT FAST AUCTION (SABAH) SDN. BHD. PGACTFAST website latest by 3.00 P.M3pm, at least one (1) working day days before the auction date. 2.73.6. Registration shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. PGACTFAST website and subject further to deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. SDN BHD administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the PG ACT FAST AUCTION (SABAH) SDN. BHD. PGACTFAST website. Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. PGACTFAST website 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 Three (3) working days. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 1 contract

Samples: Facility Agreement

ONLINE PUBLIC AUCTION PROCESS. 2.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. website KEN AUCTIONING MARKETING Website and select the properties they wish to bid & click VIEW DETAIL to see moreonline. 2.2. By proceeding with the bid in the Auction, the E-Bidders need are deemed to click REGISTRATION FOR ONLINE BIDDER buttonhave agreed and accepted the KEN AUCTIONING MARKETING Website Terms and Conditions. 2.3. E-Bidders are required to agree and accept the PG ACT FAST AUCTION (SABAH) SDN. BHD. website Terms & Conditions before proceeding with the bid. 2.4. The Terms & and Conditions shall be read together with all and formed part of the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. website KEN AUCTIONING MARKETING Website and shall be deemed to have been read and agreed upon by the registered E-Bidders prior to bidding. In the event of any inconsistency between the 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. 2.52.4. E-Bidders must make a necessary deposit payment as required under the Conditions of Sale attached to the Proclamation of Sale, Sale i.e. 10% of the reserve price. Payment of the deposit Required Deposit must be made via a local bank online transfer to MALAYAN BANKING BERHAD Public Bank Berhad in favor favour of PG ACT FAST AUCTION (SABAH) SDN. BHD. (BIDDER DEPOSIT) XXX AUCTIONING MARKETING Account No: 5101 4363 73980-0000000-00. Evidence of the transfer must be uploaded and submitted at the time of registration. 2.62.5. E-Bidders bidders are required to complete the registration process by inserting submitting the relevant details details, inform and uploading the relevant documents including evidence of payment of the deposit Required Deposit onto the PG ACT FAST AUCTION (SABAH) SDN. BHD. website XXX AUCTIONING MARKETING Website latest by 3.00 P.M12.00 noon, at least one (1) working day before the auction date. 2.72.6. Registration of Bidders shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. website the KEN AUCTIONING MARKETING Website and subject further to deposit the Required Deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. BHD administrator Approval may take at least 1 one (1) working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the PG ACT FAST AUCTION (SABAH) SDN. BHD. websiteKEN AUCTIONING MARKETING Website. Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. website nor XXX AUCTIONING MARKETING Website, its agents and/or representatives bears bear any responsibility responsibilities or assumes any liability in the event that the registration of a prospective an E-Bidder bidders is rejected and/or delayed for any reason reasons whatsoever. In the event of that the registration is rejected, the deposit paid (if cleared by the bank) shall be refunded free of interest to the same bank account from which the deposit transfer was made within two (32) working daysdays and there shall be no claim made against the Bank, the Bank’s solicitors, the Auctioneer and/or their respective agents or servants. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 1 contract

Samples: Facilities Agreement

ONLINE PUBLIC AUCTION PROCESS. 2.13.1. E-Bidders may browse through the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and select the properties they the E-Bidders wish to bid & click VIEW DETAIL to see morebid. 2.23.2. Bidders need to click REGISTRATION FOR ONLINE BIDDER button. 2.3. By proceeding with the bid in the Auction, the E-Bidders are required deemed to agree have agreed and accept accepted the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website Terms & Conditions before proceeding with the bidConditions. 2.43.3. The Terms & Conditions shall be read together with all the Conditions of Sale attached to the Proclamation of Sale which is uploaded on the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA 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. 2.53.4. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price. Payment of the deposit must be made via local bank transfer to MALAYAN BANKING HONG XXXXX BANK BERHAD in favor favour of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA AUCTIONEERS SDN BHD (BIDDER DEPOSIT) Account No: 5101 4363 7398053-00-11144-3. Evidence of the transfer must be uploaded and submitted at the time of registration. 2.63.5. 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 PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website latest by 3.00 P.M2.00pm, at least one (1) working day days before the auction date. 2.73.6. Registration shall be subject to verification and approval of PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website and subject further to deposit payment being cleared by the bank. Please take note that approval from PG ACT FAST AUCTION (SABAH) SDN. PALMA AUCTIONEERS SDN BHD administrator may take at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website. Neither PG ACT FAST AUCTION (SABAH) SDN. BHD. PALMA website 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 Three (3) working days. 2.8. After Online Registration done, bidder can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.9. E-Bidders intending to authorize any person to execute the Memorandum/Contract of Sale upon successful bidding of the property shall do so by furnishing the following documents to the Auctioneer: a) The person’s NRIC copy (front and back); and b) A copy of the relevant Letter of Authorization. 2.10. Upon approval and verification by PG ACT FAST AUCTION (SABAH) SDN. BHD administrator and subject to the deposit payment being cleared by the bank,registered E-Bidders can view the status of approval at PG ACT FAST AUCTION (SABAH) SDN. BHD. website under PROFILE after LOGIN using the same registered email (Rejected/Pending/Approved) 2.11. Bidding may be done via a computer, smart phone or any comfortable device with strong internet connection.

Appears in 1 contract

Samples: Proclamation of Sale

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!