Other Dispositions. The completion of the purchase pursuant to Article 540 of the civil code, following subsequent competitive bidding, will only take place at the time of full payment of the price and tax charges, including commissions due to ASTE BUSINESS. The authorization to withdraw the goods will take place only after completion of the sale, which will take place in front of a notary chosen by the Judicial Liquidator with expenses and tax charges to be paid by the contractor. In the event of non-fulfillment of the payment of tax charges and the costs for the stipulation of the definitive sale contract by the notary, the award will be revoked and the successful bidder will lose the sums paid. The Delegated Judge, pursuant to art. 108 L.F., can suspend, by a justified decree, the sale operations if there are serious and justified reasons and prevent the completion of the sale when the price is considerably lower than the right one, taking into account the market conditions. The cancellation of the prejudicial formalities that may be imposed on the goods will take place at the expense of the composition procedure pursuant to art. 108 L.F. with a decree issued by the Delegated Judge after the final sale was executed by the notary and the price was paid in full. This notice does not constitute an offer to the public and does not imply any obligation for the procedure This notice will publish by the following formalities to be carried out 30 days before the deadline for collecting offers on:
Appears in 5 contracts
Samples: Creditors Agreement, Collection of Formal Purchase Offer, Creditors Agreement
