Common use of POST PUBLIC AUCTION Clause in Contracts

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 121 contracts

Samples: Facilities Agreement, Facilities Agreement, Facility Agreement

AutoNDA by SimpleDocs

POST PUBLIC AUCTION. 10.15.1. Successful Any E-Bidder are advised Bidders who successfully bids for the Property shall and undertake to sign the Memorandum of Contract” Sale and pay the difference between 10% of the purchase price and the deposit paid under clause 3.4 above (“differential sum sum”) at the office of the Auctioneer within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so , failing which the deposit paid will result in the 10% deposit to be forfeited to the Assignee/Assignee Bank and the auction shall sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-Bidders. The Auctioneer shall send the Memorandum of Sale for stamping and thereafter forward the same together with the deposit paid under clause 3.4 above and the differential sum paid under this clause (If any) to the Assignee Bank. 10.25.2. Successful Any successful E-Bidder Bidders who are is unable to attend to sign the Memorandum of Contract” Sale at the Auctioneer’s office can authorize their agent of the Auctioneer may do so by authorising another person to execute sign the procedure same on his behalf by submitting inserting the following documents particulars of the authorised person at HERITAGE AUCTIONEERS SDN. BHD. website. The authorised person shall provide the Letter of Authorisation signed by the successful E-bidder together with a copy of his/her identity card to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.35.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s HERITAGE AUCTIONEERS SDN. BHD. website and the actual documents of produced by the successful E-Bidderbidder, the Auctioneer has shall have the right to refuse the successful bidder from signing the Memorandum of Sale and may at his discretion cancel and terminate the sale and proceed to put the 10% property up for a new auction and the deposit paid shall be forfeited used to defray the cost of the auction. 5.4. The Memorandum/Contract of Sale, upon being signed by the Assignee/BankAuctioneer, Solicitor for the Assignee Bank and successful bidder, shall be a conclusive evidence for the sale of the Property to the successful bidder. 5.5. The property Memorandum of Sale may be signed in any number of counterparts, all of which taken together shall constitute one and the same instrument. Any party may enter into this Memorandum of Sale by signing any such counterpart and each counterpart may be signed and executed by the parties and shall be put up for sale againas valid and effectual as if executed as an original. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 96 contracts

Samples: Master Facility Agreement, Master Facility Agreement, Master Facility Agreement

POST PUBLIC AUCTION. 10.15.1. Successful Any E-Bidder are advised Bidders who successfully bids for the Property shall and undertake to sign the Memorandum of Contract” Sale and pay the difference between 10% of the purchase price and the deposit paid under clause 3.4 above (“differential sum sum”) at the office of the Auctioneer within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so , failing which the deposit paid will result in the 10% deposit to be forfeited to the Assignee/Assignee Bank and the auction shall sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-Bidders. The Auctioneer shall send the Memorandum of Sale for stamping and thereafter forward the same together with the deposit paid under clause 3.4 above and the differential sum paid under this clause (If any) to the Assignee Bank. 10.25.2. Successful Any successful E-Bidder Bidders who are is unable to attend to sign the Memorandum of Contract” Sale at the Auctioneer’s office can authorize their agent of the Auctioneer may do so by authorising another person to execute sign the procedure same on his behalf by submitting inserting the following documents particulars of the authorised person at HERITAGE AUCTIONEERS SDN. BHD. website. The authorised person shall provide the Letter of Authorisation signed by the successful E-bidder together with a copy of his/her identity card to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.35.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s HERITAGE AUCTIONEERS SDN. BHD. website and the actual documents of produced by the successful E-Bidderbidder, the Auctioneer has shall have the right to refuse the successful bidder from signing the Memorandum of Sale and may at his discretion cancel and terminate the sale and proceed to put the 10% property up for a new auction and the deposit paid shall be forfeited used to defray the cost of the auction. 5.4. The Memorandum/Contract of Sale, upon being signed by the Assignee/BankAuctioneer, Solicitor for the Assignee Bank and successful bidder, shall be conclusive evidence for the sale of the Property to the successful bidder. 5.5. The property Memorandum of Sale may be signed in any number of counterparts, all of which taken together shall constitute one and the same instrument. Any party may enter into this Memorandum of Sale by signing any such counterpart and each counterpart may be signed and executed by the parties and shall be put up for sale againas valid and effectual as if executed as an original. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 48 contracts

Samples: Facility Agreement and Deed of Assignment, Facility Agreement and Deed of Assignment, Facility Agreement

POST PUBLIC AUCTION. 10.15.1. Successful Any E-Bidder are advised Bidders who successfully bids for the Property shall and undertake to sign the Memorandum of Contract” Sale and pay the 10difference between 5% of the purchase price and the deposit paid under clause 3.4 above (“differential sum sum”) at the office of the Auctioneer or online transfer within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so , failing which the deposit paid will result in the 10% deposit to be forfeited to the Assignee/Assignee Bank and the auction shall sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-Bidders. The Auctioneer shall send the Memorandum of Sale for stamping and thereafter forward the same together with the deposit paid under clause 3.4 above and the differential sum paid under this clause If any) to the Assignee Bank. 10.25.2. Successful Any successful E-Bidder Bidders who are is unable to attend to sign the Memorandum of Contract” Sale at the Auctioneer’s office can authorize their agent of the Auctioneer may do so by authorizing another person to execute sign the procedure same on his behalf by submitting inserting the following documents particulars of the authorized person at EHSAN AUCTIONEERS SDN. BHD. website. The authorized person shall provide the Letter of Authorization signed by the successful E-bidder together with a copy of his/her identity card to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.35.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s EHSAN AUCTIONEERS SDN. BHD. website and the actual documents of produced by the successful E-Bidderbidder, the Auctioneer has shall have the right to refuse the successful bidder from signing the Memorandum of Sale and may at his discretion cancel and terminate the sale and proceed to put the 10% property up for a new auction and the deposit paid shall be forfeited used to defray the cost of the auction. 5.4. The Memorandum/Contract of Sale, upon being signed by the Assignee/BankAuctioneer, Solicitor for the Assignee Bank and successful bidder, shall be a conclusive evidence for the sale of the Property to the successful bidder. 5.5. The property Memorandum of Sale may be signed in any number of counterparts, all of which taken together shall constitute one and the same instrument. Any party may enter into this Memorandum of Sale by signing any such counterpart and each counterpart may be signed and executed by the parties and shall be put up for sale againas valid and effectual as if executed as an original. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 41 contracts

Samples: Facility Agreement, Loan Agreement, Housing Loan Agreement / Term Loan

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the t he successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 35 contracts

Samples: Facilities Agreement, Facilities Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 34 contracts

Samples: Musharakah Agreement, Ijarah Agreement, Assignment Agreement, Purchase Undertaking, Service Agency Agreement, Diminishing Musharakah Co Ownership Agreement, Diminishing Musharakah Co Ownership Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 28 contracts

Samples: Facilities Agreement and Deed of Assignment, Commodity Murabahah Facility Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.1. The registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the sum equivalent to 10% of the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of Xxxxx Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder The successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Xxxxx Auctioneer may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the AuctioneerXxxxx Xxxxxxxxxx. 10.2.1. Copy 10.2.1 A copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A copy of the successful E-Bidderonline bidder’s Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s LA website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Xxxxx Auctioneer, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the office of Xxxxx Auctioneer office within seven (7) days after notification from the Auctioneernotification issued by Xxxxx Xxxxxxxxxx through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Xxxxx Auctioneer shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 18 contracts

Samples: Facility Agreement, Proclamation of Sale, Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 17 contracts

Samples: Facilities Agreement, Proclamation of Sale, Diminishing Musharakah Co Ownership Agreement

POST PUBLIC AUCTION. 10.1. A registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of Ehsan Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder A successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Ehsan Auctioneer may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the Ehsan Auctioneer. 10.2.1. Copy 10.2.1 A colour copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A colour copy of the successful E-Bidder’s online bidder Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s Ehsan website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Ehsan Auctioneer, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the office of Ehsan Auctioneer office within seven (7) days after notification from the Auctioneernotification issued by Ehsan Auctioneer through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Ehsan Auctioneer shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 10 contracts

Samples: Housing Loan Agreement, Facilities Agreement, Housing Loan Agreement

POST PUBLIC AUCTION. 10.1. A registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the sum equivalent to 10% of the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of the Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder A successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of the Auctioneer may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the Auctioneer. 10.2.1. Copy 10.2.1 A colour copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A colour copy of the successful E-Bidder’s online bidder Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s website xxx.xxxx0xxx.xxx and the actual documents produced by the successful online bidder/authorized agent at the office of the successful E-BidderAuctioneer, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the office of the Auctioneer office within seven (7) days after notification from the Auctioneernotification issued by the Auctioneer through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Auctioneer shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 10 contracts

Samples: Housing Loan Agreement, Housing Loan Agreement, Facilities Agreement & Deed of Assignment

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the t he successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 9 contracts

Samples: Facilities Agreement, Facilities Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited forfeite d to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents docum ents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 7 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited forfeite d to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 6 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents docum ents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 6 contracts

Samples: Facility Agreement, Facility Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.1. A registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of Ehsan Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder A successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Xxxxx Xxxxxxxxxx may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the Ehsan Auctioneer. 10.2.1. Copy 10.2.1 A colour copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A colour copy of the successful E-Bidder’s online bidder Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s Ehsan website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Ehsan Auctioneer, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the office of Ehsan Auctioneer office within seven (7) days after notification from the Auctioneernotification issued by Xxxxx Xxxxxxxxxx through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Ehsan Auctioneer shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 5 contracts

Samples: Housing Loan Agreement, Housing Loan Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.1. A registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the sum equivalent to 10% of the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of Xxxxx Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder A successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Xxxxx Auctioneer may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the AuctioneerXxxxx Xxxxxxxxxx. 10.2.1. Copy 10.2.1 A colour copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A colour copy of the successful E-Bidderonline bidder’s Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s LA website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Xxxxx Auctioneer, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the office of Xxxxx Auctioneer office within seven (7) days after notification from the Auctioneernotification issued by Xxxxx Xxxxxxxxxx through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Xxxxx Auctioneer shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 4 contracts

Samples: Housing Loan Agreement, Housing Loan Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.19.1. The registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the sum equivalent to 10% of the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of Vision Skybidz Auction Centre Sdn Bhd within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.29.2. Successful E-Bidder The successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Vision Skybidz Auction Centre Sdn Bhdr may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the Auctioneer.Vision Skybidz Auction Centre Sdn Bhd 10.2.1. Copy 9.2.1 A copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 9.2.2 A copy of the successful E-Bidderonline bidder’s Identity Documents (both sides)Card; and 10.2.3. Copy 9.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.39.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s VSAC website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Vision Skybidz Auction Centre Sdn Bhd, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.49.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 9.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the Auctioneer office of Vision Skybidz Auction Centre Sdn Bhd within seven (7) days after notification from the Auctioneernotification issued by Vision Skybidz Auction Centre Sdn Bhd through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Auctioneer Vision Skybidz Auction Centre Sdn Bhd shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.59.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 4 contracts

Samples: Facilities Agreement, Facilities Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.1. The registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the sum equivalent to 10% of the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of Sejahtera Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder The successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Sejahtera Auctioneers may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the AuctioneerSejahtera Auctioneers. 10.2.1. Copy 10.2.1 A copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A copy of the successful E-Bidderonline bidder’s Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s xxx.xxxxxxxxxxx-xxxxxxxxx.xxx website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Sejahtera Auctioneers, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the Auctioneer office of Sejahtera Auctioneers within seven (7) days after notification from the Auctioneernotification issued by Sejahtera Auctioneers through a letter/e- mail /sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier Sejahtera Auctioneers to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Auctioneer Sejahtera Auctioneers shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 3 contracts

Samples: Deed of Assignment, Facility Agreement, Power of Attorney, Deed of Assignment and Commodity Murabahah Facility Agreement, Deed of Assignment and Commodity Murabahah Facility Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited forfeite d to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 3 contracts

Samples: Facility Agreement, Facilities Agreement, Facility Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 3 contracts

Samples: Proclamation of Sale, Proclamation of Sale, Facilities Agreement

POST PUBLIC AUCTION. 10.1. A registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the sum equivalent to 10% of the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of NCM Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder A successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of NCM Auctioneer may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the NCM Auctioneer. 10.2.1. Copy 10.2.1 A colour copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A colour copy of the successful E-Bidder’s online bidder Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s NCM website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of NCM Auctioneer, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the office of NCM Auctioneer office within seven (7) days after notification from the Auctioneernotification issued by NCM Auctioneer through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the NCM Auctioneer shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 2 contracts

Samples: Facilities Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.210. 2. 2. Copy of the successful E-Bidder’s ’ s Identity Documents (both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s ’ s Resolution (for fo r company) authorizing such person to do so. 10.310. 3. In the event of inconsistency inconsistenc y in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale s ale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property prope rty shall be put up for sale again. 10.410. 4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If I f the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for fo r the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price p rice shall be settled within ninety (9090 ) days from the date of auction sale by the successful E-E - Bidder

Appears in 2 contracts

Samples: Facilities Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-BidderE -Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from f rom the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from f rom the date of auction sale by the successful E-Bidder

Appears in 2 contracts

Samples: Facilities Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the th e procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 2 contracts

Samples: Facilities Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction au ction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by b y submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.210. 2. 2. Copy of the successful E-Bidder’s ’ s Identity Documents (both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s ’ s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the th e sale and the 1010 % deposit shall be forfeited by the Assignee/Assignee/ Bank. The property prop erty shall be put up for sale again. 10.410. 4. The “Memorandum of Contract” that is signed and stamped shall be collected collec xxx by the successful E-Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If I f the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the t he successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-E - Bidder

Appears in 2 contracts

Samples: Facilities Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.19.1. The registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the 10% differential sum (if any) between the sum equivalent to 5% of the purchase price and the 5% deposit paid under Clause 5.1 above at the office of Vision Skybidz Auction Centre Sdn Bhd within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 105% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.29.2. Successful E-Bidder The successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Vision Skybidz Auction Centre Sdn Bhdr may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the AuctioneerVision Skybidz Auction Centre Sdn Bhd. 10.2.1. Copy 9.2.1 A copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 9.2.2 A copy of the successful E-Bidderonline bidder’s Identity Documents (both sides)Card; and 10.2.3. Copy 9.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.39.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s VSAC website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Vision Skybidz Auction Centre Sdn Bhd, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 105% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.49.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be conclusive evidence for the sale of the property to the successful online bidder. 9.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the Auctioneer office of Vision Skybidz Auction Centre Sdn Bhd within seven (7) days after notification from the Auctioneernotification issued by Vision Skybidz Auction Centre Sdn Bhd through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Auctioneer Vision Skybidz Auction Centre Sdn Bhd shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.59.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 2 contracts

Samples: Deed of Assignment and Power of Attorney, Facility Agreement Housing (Fixed Loan)

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their th eir agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the t he successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 2 contracts

Samples: Facilities Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to t o the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 2 contracts

Samples: Facilities Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.1. 10.1 A registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of Ehsan Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder 10.2 A successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Xxxxx Xxxxxxxxxx may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the AuctioneerXxxxx Xxxxxxxxxx. 10.2.1. Copy 10.2.1 A colour copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A colour copy of the successful E-Bidder’s online bidder Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. 10.3 In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s Ehsan website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Xxxxx Xxxxxxxxxx, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. 10.4 The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5 An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the office of Ehsan Auctioneer office within seven (7) days after notification from the Auctioneernotification issued by Xxxxx Xxxxxxxxxx through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Ehsan Auctioneer shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.5. Balance of 10.6 The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 2 contracts

Samples: Facilities Agreement, Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents docu ments to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 2 contracts

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement, Musharakah Mutanaqisah Master Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting the following foll owing documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both bot h sides) 10.2.210. 2. 2. Copy of the successful E-Bidder’s ’ s Identity Documents (both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s ’ s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from fr om the Auctioneer. If I f the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereofthere of. 10.510. 5. Balance of purchase price shall be settled within ninety (9090 ) days from the date of auction sale by the successful E-E - Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/BankB ank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auctionau ction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents documen ts to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed sig xxx and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited forfeit ed by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement and Deed of Assignment

POST PUBLIC AUCTION. 10.1. A registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the sum equivalent to 10% of the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of NCM Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder A successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of NCM Auctioneer may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the NCM Auctioneer. 10.2.1. Copy 10.2.1 A colour copy of the agent’s Identity Documents Card (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so.; 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s NCM website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of NCM Auctioneer, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the office of NCM Auctioneer office within seven (7) days after notification from the Auctioneernotification issued by NCM Auctioneer through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the NCM Auctioneer shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the AuctioneerAuction eer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the AuctioneerAuct xxxxxx’s office can authorize their agent to execute the procedure by b y submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified ce rtified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by b y the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Proclamation of Sale

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can c an authorize their agent to execute the procedure by submitting the following documents doc uments to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (( for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website webs i te and the actual documents of the successful E-E- Bidder, the Auctioneer has the right r ight to cancel and terminate term inate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E- Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E- Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereofthereof . 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction auct ion sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement

POST PUBLIC AUCTION. 10.1. A registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of Ehsan Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder A successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Ehsan Auctioneer may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the Ehsan Auctioneer. 10.2.1. Copy 10.2.1 A colour copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A colour copy of the successful E-Bidder’s online bidder Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s Ehsan website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Ehsan Auctioneer, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandu m of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the office of Ehsan Auctioneer office within seven (7) days after notification from the Auctioneernotification issued by Ehsan Auctioneer through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Ehsan Auctioneer shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. The registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the sum equivalent to 10% of the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of Sejahtera Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder The successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Sejahtera Auctioneers may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the AuctioneerSejahtera Auctioneers. 10.2.1. Copy 10.2.1 A copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A copy of the successful E-Bidderonline bidder’s Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s xxx.xxxxxxxxxxx-xxxxxxxxx.xxx website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Sejahtera Auctioneers, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the Auctioneer office of Sejahtera Auctioneers within seven (7) days after notification from the Auctioneernotification issued by Sejahtera Auctioneers through a le tter/e- mail /sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier Sejahtera Auctioneers to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Auctioneer Sejahtera Auctioneers shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction aucti on shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (( for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and a nd the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E - Bidder or his agent at the Auctioneer office within withi n seven (( 7) days after notification from the Auctioneer. If the E-E - Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement Musharakah Mutanaqisah

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.210. 2. 2. Copy of the successful E-Bidder’s ’ s Identity Documents (both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s ’ s Resolution (for fo r company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale s ale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification notific ation from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for fo r the cost, expenses and loss arising arisi ng thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (9090 ) days from the date of auction sale by the successful E-E - Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited f orfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-E- Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-E- Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E - Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E- Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-BidderX- Xxxxxx

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. The registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the sum equivalent to 10% of the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of Xxxxx Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder The successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Xxxxx Auctioneer may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the AuctioneerXxxxx Xxxxxxxxxx. 10.2.1. Copy 10.2.1 A copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A copy of the successful E-Bidderonline bidder’s Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s LA website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Xxxxx Auctioneer, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the office of Xxxxx Auctioneer office within seven (7) days after notification from the Auctioneernotification issued by Xxxxx Xxxxxxxxxx through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Xxxxx Auctioneer shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety one hundred and twenty (90120) days from the date of auction sale by the successful E-Biddersale.

Appears in 1 contract

Samples: Ijarah Facility Agreement, Asset Purchase Agreement and Deed of Assignment

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the th e Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of DirectorDirector ’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel canc el and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale s ale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within wit hin ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement and Deed of Assignment of Sale and Purchase Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting submit t ing the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-su ccessful E- Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E- Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction au ction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by b y submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.210. 2. 2. Copy of the successful E-Bidder’s ’ s Identity Documents (both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s ’ s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the th e sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property prop erty shall be put up for sale again. 10.410. 4. The “Memorandum of Contract” that is signed and stamped shall be collected collec xxx by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If I f the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the t he successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-E - Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited forf eited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents docum ents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sidess ides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Deed of Assignment and Musharakah Mutanaqisah Master Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum su m within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (( for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property prop erty shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E - Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E - Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to t o the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.19.1. The registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the 10% differential sum (if any) between the sum equivalent to 5% of the purchase price and the 5% deposit paid under Clause 5.1 above at the office of Vision Skybidz Auction Centre Sdn Bhd within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 105% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.29.2. Successful E-Bidder The successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Vision Skybidz Auction Centre Sdn Bhdr may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the AuctioneerVision Skybidz Auction Centre Sdn Bhd. 10.2.1. Copy 9.2.1 A copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 9.2.2 A copy of the successful E-Bidderonline bidder’s Identity Documents (both sides)Card; and 10.2.3. Copy 9.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.39.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s VSAC website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Vision Skybidz Auction Centre Sdn Bhd, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 105% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.49.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be conclusive evidence for the sale of the property to the successful online bidder. 9.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the Auctioneer office of Vision Skybidz Auction Centre Sdn Bhd within seven (7) days after notification from the Auctioneernotification issued by Vision Skybidz Auction Centre Sdn Bhd through a letter/e- mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Auctioneer Vision Skybidz Auction Centre Sdn Bhd shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.59.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 1 contract

Samples: Housing / Shophouse Loan Agreement Overdraft (Flexi)

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property pr operty shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement and Deed of Assignment

POST PUBLIC AUCTION. 10.1. The registered Online Bidders who is a Successful E-Bidder are advised Purchaser in the auction sale (“successful online bidder”) shall undertake to sign the Memorandum of Contract” Contract and to pay the differential sum (if any) between the sum equivalent to 10% of the purchase price and the 10% differential sum deposit paid under Clause 5.1 above at the office of Xxxxx Auctioneer within 3 three (3) working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in , failing which the 10% deposit to paid shall be forfeited to the Assignee/Bank and the auction sale shall be deemed cancelled/terminated and the property may be put up for sale again without further notice to the successful online bidder. 10.2. Successful E-Bidder The successful online bidder who are is unable to sign the Memorandum of Contract” Contract at the Auctioneer’s office can authorize of Xxxxx Auctioneer may do so by authorizing his/her/their agent to execute the procedure same on his/her/their behalf by submitting furnishing the following documents to the Leong Auctioneer. 10.2.1. Copy 10.2.1 A copy of the agent’s Identity Documents Card (both sides); 10.2.2. Copy 10.2.2 A copy of the successful E-Bidderonline bidder’s Identity Documents (both sides)Card; and 10.2.3. Copy 10.2.3 A copy of the Letter of Authorization (for if individual) or certified true copy of the Board of Director’s Resolution (for if company) authorizing such person to do so. 10.3. In the event of if there is inconsistency in between the personal details of the and documents uploaded in the Auctioneer’s LA website and the actual documents of produced by the successful E-Bidderonline bidder/authorized agent at the office of Xxxxx Auctioneer, the Auctioneer has shall have the right to refuse the successful online bidder/authorized agent from signing the Memorandum of Contract and the Auctioneer may at the Auctioneer’s discretion cancel and terminate the sale and the 10% deposit paid shall be forfeited by the Assignee/Bank. The Bank and the property shall may be put up for sale again. 10.4. The Memorandum of Contract” that is , upon being signed by the successful online bidder /authorized agent, the Auctioneer and Assignee/Bank’s Solicitor, shall be a conclusive evidence for the sale of the property to the successful online bidder. 10.5. An original Memorandum of Contract duly signed and stamped shall be collected by the successful E-Bidder or his online bidder/authorized agent at the office of Xxxxx Auctioneer office within seven (7) days after notification from the Auctioneernotification issued by Leong Auctioneer through a letter/e-mail/sms/whatsapp. If the E-Bidder fails to collect as aforesaidFailing which, the “an original Memorandum of Contract” Contract duly signed and stamped shall be delivered to the successful online bidder by courier POS LAJU to the address of the successful E-Bidder online bidder provided in the Memorandum of Contract and/or address provided during registration and the Xxxxx Auctioneer shall not in any way be not responsible or liable for the cost, any cost and expenses and or loss arising thereof. 10.510.6. Balance of The successful online bidder shall settle the balance purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Biddersale.

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the AssigneeAssi gnee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both bot h sides) 10.2.210. 2. 2. Copy of the successful E-Bidder’s ’ s Identity Documents (both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Direct or’ s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel ca ncel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from fr om the Auctioneer. If I f the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereofthere of. 10.510. 5. Balance of purchase price shall be settled within ninety (9090 ) days from the date of auction sale by the successful E-E - Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising arisin g thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Loan Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following follo wing documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (( for individual) or certified true copy of the t he Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E - Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E- Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from f rom the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-BidderE -Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from f rom the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from f rom the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents docu ments of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement and Deed of Assignment

AutoNDA by SimpleDocs

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the th e date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assi gnee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E- Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the AuctioneerAuct ioneer. If the E-E- Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following fol lowing documents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible responsib le for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (9090 ) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of o f auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents d ocuments uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale s ale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E - Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E- Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered deliv ered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting s ubmitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified certi fied true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-BidderE -Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the t he successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from f rom the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from f rom the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement and Deed of Assignment

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both bot h sides) 10.2.210. 2. 2. Copy of the successful E-Bidder’s ’ s Identity Documents (both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s ’ s Resolution (for fo r company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-BidderE -Bidder, the Auctioneer has the right to cancel and terminate the sale s ale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from fr om the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for fo r the cost, expenses and loss arising thereofthere of. 10.510. 5. Balance of purchase price shall be settled within ninety (9090 ) days from the date of auction sale by the successful E-E - Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date da te of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (( for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E- Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E - Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered d elivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale xxx e by the successful E-E- Bidder

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited forfeite d to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Musyarakah Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay p ay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting the following documents to the AuctioneerAuctioneer . 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both si des) 10. 2. 2. Copy of the successful E -Bidder’ s Identity Documents (both sides) 10.2.210. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.32. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s ’ s Resolution (for fo r company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate termi nate the sale and the 10% deposit shall be forfeited by the Assignee/t he Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from the t he Auctioneer. If I f the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Property Sale Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank Ban k and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to t o the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of ContractContract ” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (( for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded upl oaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E - Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E - Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of ContractCo ntract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents documen ts uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale againag ain. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety ni nety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the AuctioneerAuct xxxxxx’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the AuctioneerA uctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the t he Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from f rom the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of DirectorDir ector’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded uploade d in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E - Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E- Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both bot h sides) 10.2.210. 2. 2. Copy of the successful E-Bidder’s ’ s Identity Documents (both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s ’ s Resolution (for fo r company) authorizing such person to do so. 10.310. 3. In the event of inconsistency inconsistenc y in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale s ale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (77 ) days after notification from fr om the Auctioneer. If I f the E-Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for fo r the cost, expenses and loss arising thereofthere of. 10.510. 5. Balance of purchase price p rice shall be settled within ninety (90( 90 ) days from the date of auction sale by the successful E-E - Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 1010 % deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting submitt ing the following documents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true t rue copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale s ale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful suc cessful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within wit hin ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential differentia l sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall sha ll be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents docum ents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of o f Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven seve n (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified cert ified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled settle d within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy cop y of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E- Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E- Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the t he successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the Memorandum of ContractCont ract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents Documen ts (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification notifica tion from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising arisin g thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facility Agreement and Assignment of Sale and Purchase Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank B ank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Proclamation of Sale

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the AssigneeAssi gnee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement and Deed of Assignment

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential differe ntial sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so s o will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individualind ividual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address add ress of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents d ocuments uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale s ale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E - Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E- Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the “Memorandum of ContractCont ract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (Documen ts ( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E - Bidder or his agent at the Auctioneer office within seven (( 7) days after notification notifica t ion from the Auctioneer. If the E-E- Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising arisin g thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facility Agreement and Assignment of Sale and Purchase Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the th e Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited forfei xxx to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents docu ments to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (( for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded uploade d in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right ri ght to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E - Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum M emorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facility Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (( for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in i n the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E - Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E - Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement and Deed of Assignment

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents docum ents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Diminishing Musharakah Co Ownership Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s ’ s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful success ful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder E -Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Property Sale Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting the following documents documen ts to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both bot h sides) 10.2.210. 2. 2. Copy of the successful E-Bidder’s ’ s Identity Documents (both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s ’ s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from fr om the Auctioneer. If I f the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereofthere of. 10.510. 5. Balance of purchase price shall be settled within ninety (9090 ) days from the date of auction sale by the successful E-E - Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited forf eited by the Assignee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement and Deed of Assignment

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the AssigneeAs signee/Bank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize authoriz e their agent to execute the procedure by submitting the following documents documen ts to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both bot h sides) 10.2.210. 2. 2. Copy of the successful E-Bidder’s ’ s Identity Documents (both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s ’ s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-BidderE -Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from fr om the Auctioneer. If I f the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered deliv ered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereofthere of. 10.510. 5. Balance of purchase price shall be settled within ninety (9090 ) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the t he 10% differential sum within 3 working days by attending to the Auctioneer’s ’ s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s ’ s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s ’ s Identity Documents (both b oth sides) 10.2.210. 2. 2. Copy of the successful E-Bidder’s ’ s Identity Documents (both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s ’ s Resolution (for fo r company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s ’ s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale s ale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder E -Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder E -Bidder and the Auctioneer shall be not responsible for fo r the cost, expenses and loss arising thereofthe reof. 10.510. 5. Balance of purchase price shall be settled within ninety (9090 ) days from the date of auction sale by the successful E-E - Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential diffe rential sum within 3 working days by attending to the Auctioneer’s office from the date dat e of auction. Failing to do so will result resul t in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (( for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/BankAssignee/ Bank . The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E- Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If I f the E-E- Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Property Sale Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/BankB ank. The property shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.1. Successful E-Bidder are advised to sign the “Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Bank and the auction shall be deemed cancelled. 10.2. Successful E-Bidder who are unable to sign the “Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.1. Copy of the agent’s Identity Documents (both sides) 10.2.2. Copy of the successful E-Bidder’s Identity Documents (both sides) 10.2.3. Copy of the Letter of Authorization (for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.3. In the event of inconsistency in the details of the documents uploaded in the Auctioneer’s website and the actual documents of the successful E-Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Bank. The property prop erty shall be put up for sale again. 10.4. The “Memorandum of Contract” that is signed and stamped shall be collected by the successful E-Bidder or his agent at the Auctioneer office within seven (7) days after notification from the Auctioneer. If the E-Bidder fails to collect as aforesaid, the “Memorandum of Contract” shall be delivered by courier to the address of the successful E-Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.5. Balance of purchase price shall be settled within ninety (90) days from the date of auction sale by the successful E-Bidder

Appears in 1 contract

Samples: Facilities Agreement

POST PUBLIC AUCTION. 10.110. 1. Successful E-E- Bidder are advised to sign the Memorandum of Contract” and pay the 10% differential sum within 3 working days by attending to the Auctioneer’s office from the date of auction. Failing to do so will result in the 10% deposit to be forfeited to the Assignee/Assignee/ Bank and the auction shall be deemed cancelled. 10.210. 2. Successful E-E- Bidder who are unable to sign the Memorandum of Contract” at the Auctioneer’s office can authorize their agent to execute the procedure by submitting the following documents to the Auctioneer. 10.2.110. 2. 1. Copy of the agent’s Identity Documents (( both sides) 10.2.210. 2. 2. Copy of the successful E-E- Bidder’s Identity Documents (( both sides) 10.2.310. 2. 3. Copy of the Letter of Authorization (( for individual) or certified true copy of the Board of Director’s Resolution (for company) authorizing such person to do so. 10.310. 3. In the event of inconsistency in the details of the documents docum ents uploaded in the Auctioneer’s website and the actual documents of the successful E-E- Bidder, the Auctioneer has the right to cancel and terminate the sale and the 10% deposit shall be forfeited by the Assignee/Assignee/ Bank. The property shall be put up for sale again. 10.410. 4. The Memorandum of Contract” that is signed and stamped shall be collected by the successful E-E- Bidder or his agent at the Auctioneer office within seven (( 7) days after notification from the Auctioneer. If the E-E - Bidder fails to collect as aforesaid, the Memorandum of Contract” shall be delivered by courier to the address of the successful E-E- Bidder and the Auctioneer shall be not responsible for the cost, expenses and loss arising thereof. 10.510. 5. Balance of purchase price shall be settled within ninety (( 90) days from the date of auction sale by the successful E-E- Bidder

Appears in 1 contract

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement

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