Common use of POST AUCTION Clause in Contracts

POST AUCTION. a) The Purchaser shall sign the memorandum of sale (“Contract”) and pay the difference between 10% of the Purchase Price and the Bidder Deposit paid pursuant to Clause 2(e) above (“differential sum’’) at PMSB office or via electronic transfer into PMSB’s account as in Clause 2(e) within three (3) business days from the date of auction. Softcopy of the Contract will also be emailed to you and/or your solicitor based on the details stipulated in your online bidder registration via the Website. You shall email to us the scanned copy of the duly signed Contract and SEND four (4) sets of the duly signed original copies of Contract to us and ensure that we receive within three (3) business days from the date of the auction, failing which the Bidder Deposit paid under Clause 2(e) shall be forfeited in full to the Seller, the sale will be deemed terminated, and the Property may be put up for subsequent auction without further notice to the said Purchaser.

POST AUCTION. a) The Purchaser shall sign the memorandum of sale (“Contract”) and pay the difference between 10% of the Purchase Price and the Bidder Deposit paid pursuant to Clause 2(e) above (“differential sum’’) at PMSB office or via electronic transfer into PMSB’s account as in Clause 2(e) within three (3) business days from the date of auction or SEND Five (5) sets of the duly signed original copies of Contract to us and ensure that we receive within three (3) business days from the date of the auction. Softcopy of the Contract will also be emailed to you and/or your solicitor based on the details stipulated in your online bidder registration via the Website. You shall email to us the scanned copy of the duly signed Contract and SEND four before sending the Five (45) sets of the duly signed original copies of Contract to us and ensure that we receive within three (3) business days from the date of the auction, failing us. Failing which the Bidder Deposit paid under Clause 2(e) shall be forfeited in full to the Seller, the sale will be deemed terminated, and the Property may be put up for subsequent auction without further notice to the said Purchaser.

POST AUCTION. a) The Purchaser shall sign the memorandum of sale (“Contract”) and pay the difference between 10% of the Purchase Price and the Bidder Deposit paid pursuant to Clause 2(e) above (“differential sum’’) at PMSB office or via electronic transfer into PMSB’s account as in Clause 2(e) within three (3) business days from the date of auction or SEND Five (5) sets of the duly signed original copies of Contract to us and ensure that we receive within three (3) business days from the date of the auction. Softcopy of the Contract will also be emailed to you and/or your solicitor based on the details stipulated in your online bidder registration via the Website. You shall email to us the scanned copy of the duly signed Contract and SEND four (4) sets of the duly signed original copies of Contract to us and ensure that we receive within three (3) business days from the date of the auction, failing which the Bidder Deposit paid under Clause 2(e) shall be forfeited in full to the Seller, the sale will be deemed terminated, and the Property may be put up for subsequent auction without further notice to the said Purchaser.

POST AUCTION. a) The Purchaser shall sign the memorandum of sale (“Contract”) and pay the difference between 10% of the Purchase Price and the Bidder Deposit paid pursuant to Clause 2(e) above (“differential sum’’) at PMSB office or via electronic transfer into PMSB’s account as in Clause 2(e) within three (3) business days from on the date of same day after the auction. Softcopy of the Contract will also be emailed to you and/or your solicitor based on the details stipulated in your online bidder registration via the Website. You shall email to us the scanned copy of the duly signed Contract and SEND four (4) sets of the duly signed original copies of Contract to us and ensure that we receive within three (3) business days from the date of the auction, failing which the Bidder Deposit paid under Clause 2(e) shall be forfeited in full to the Seller, the sale will be deemed terminated, and the Property may be put up for subsequent auction without further notice to the said Purchaser.