RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 by XXX XXX XXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale. 1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date. 1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings. 1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website. 1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer. 1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date. 1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: - (a) determine or vary the order of sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facilities Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad Xxxxxx (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Facility Agreement Dated 30th Day Of December 2016dated 21st day of June, 2022 and Deed Of of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 dated 18th day of August, 2022 by XXX XXX XXXX XXXXXXXXXXX A/X X.KANASAN (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April all dated 05th day of June, 2017 by XXX XXX XXXX Xxxx Xx Xxxx (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank Islamic Berhad [199401009897 (M) Berhad (196901000166 [8515295576-D]) U)] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Facility Agreement Dated 30th Day Of December 2016and Deed of Assignment both dated 23rd day of March, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2021 by XXX XXX XXXX XXXXXX XXXXX XXXXX (“the Assignor/BorrowerCustomer”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -to:-
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad Xxxxxx (196901000166 [(8515-D]) (“the AssigneeD))(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to the Composite Loan Agreement Dated 30th Day Of December 2016And Assignment and Power of Attorney both dated the 28th day March, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2005 executed by XXX XXX XXXX Xxxxx Xxxxxx Xxx Xxxxx (NRIC No. 630627-04-5605) and Xxxxx Xxxxx Xxxxx (NRIC No. 710314-10-6278) (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank XxXxxx (M) Berhad (196901000166 [(8515-D))(formerly known as AmFinance Berhad (8515-D])) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to the Composite Loan Agreement Dated 30th Day Of December 2016And Assignment and Power of Attorney both dated the 11th day of August, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2004 executed by XXX XXX XXXX Xxxx Xxxxxxx Xxxxx Xxx Xxxxxx (NRIC No. 810724-11-5183) (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Composite Loan Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad (196901000166 [(8515-D]) (“the AssigneeD))(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated the 22nd day of February, 2018 executed by XXX XXX XXXX Khor Xxx Xxx (NRIC No. 700111-08-5447), Xxxx Xxx Xxx (NRIC No. 690102-08-5377), Xxx Soon Xxxx (NRIC No. 680208-08-5958) & Xxxx Xxx Min (NRIC No. 690418-08-6595) (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 Berhad(196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April all dated 17th day of August, 2017 by XXXXXX XXX XXX XXXX POH LOONG (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed undispute d bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (( “Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad (196901000166 [(8515-D]) (“the AssigneeD))(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated the 28th day of January, 2016 executed by XXX XXX XXXX Xxxxxxxxx Xxxxx Xxxxxx (NRIC No. 860529-33-5880) and Xxxxxxx Xxxxx Bin Xxxx X Xxxxx (NRIC No. 840504-02-6071 (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad (196901000166 [(8515-D]) (formerly known as Arab-Malaysian Bank Berhad (295576-U)) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to the Composite Loan Agreement Dated 30th Day Of December 2016And Assignment and Power of Attorney both dated the 24th day of December, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2001 executed by XXX XXX XXXX Yusof Bin Rabu (NRIC No. 660212-04- 5133/A0343244) (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
- (a) determine a)determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to Facilities Agreement Dated 30th Day Of December 2016Agreement, Deed Of Assignment And Power Of Attorney Both All Dated 12th 15th Day Of April 2017 March, 2011 by XXX XXX XXXX NET AVENUE RESOURCES SDN BHD (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facilities Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to the the Composite Loan Agreement Dated 30th Day Of December 2016And Assignment and Power of Attorney both dated 14th day of October, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2004 executed by XXX XXX XXXX KUMARAN A/L XXXXXXXX (“the Assignor/Assignor / Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Composite Loan Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 05th day of June, 2015 by XXX XXX XXXXXXX XXXX A/P XXXXXXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad Xxxxxx (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 19th day of October 2020 by XXXXXXXXX XX XXXXX XXX & XX XXX XXXX XXXXX (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad (196901000166 [(8515-D]) D)(formerly AmFinance Berhad (“the Assignee8515-D))(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to the Composite Loan Agreement Dated 30th Day Of December 2016and Assignment and Power of Attorney both dated 13th day of October, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2003 executed by XXX XXX XXXX Xxxxxxxxxxxx A/X X. Xxxxxx (NRIC No. 730605-14-5689/A2343152) (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
- (a) determine a)determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Composite Loan Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 13th day of November 2019 by XXX XXX XXXX ANG JUNKY (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers powers
1.2 Subject to the provisions of Clause 5 below conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 05th day of June, 2015 by XXX XXX XXXXXX XXXX XXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the Sale.the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad Xxxxxx (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 06th day of November, 2015 by XXXXXX XXXXXX XXX XXX XXXX XXXXX XXXXX (“the Assignor/the Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad Xxxxxx (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers Subject to the provisions of Clause 5 below conferred upon the Assignee/Bank pursuant Facilities to Composite Loan Agreement Dated 30th Day Of December 2016& Assignment Homefree and Power of Attorney both dated 01st day of December, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2004 by XXX XXX XXXX XXXXXXX XXXXX XXXXXXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the Sale.the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 1.2 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 1.3 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 1.4 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 1.5 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.6 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad [196901000166 (196901000166 [8515-D]) )] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 11th day of October, 2019 by XXX XXX XXXX WOON MIN KET (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank XxXxxx (M) Berhad [196901000166 (196901000166 [8515-D]) )] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to the Facility Agreement Dated 30th Day Of December 2016dated 22nd day of June, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 executed by XXXXXX XXXXX XXX XXX XXXX and XXXXXXXX XXXXXXX XXX XXXXXX ("Assignor/Borrower") and Deed of Assignment and Power of Attorney all dated 22nd day of June, 2017 executed by XXXXXX XXXXX XXX XXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April all dated 31st day of October, 2017 by XXX XXX NG BEE XXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (( “Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Facility Agreement Dated 30th Day Of December 2016, And Deed Of Assignment And Power Of Attorney Both Dated 12th 15th Day Of April 2017 September, 2020 by XXX LIEW XXX XXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the atthe last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) ] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to the Loan Agreement Dated 30th Day Of December 2016and Deed of Assignment both dated 11th day of June, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 1997 executed by XXXXXX XXX XXX XXXX XXXXXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Loan Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad Xxxxxx (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of of Assignment And Cum Power Of of Attorney Both Dated 12th Day Of April 2017 both dated 13th day of July, 2020 by XXX XXX XXXX Xxxxxxxx Xxxxxx Xxx Xxxx Xxxxx (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad Xxxxxx (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of Assignment And Power Of Attorney Both All Dated 12th 17th Day Of April 2017 October, 2018 by XXX XXX XXXX LOW XXXXX XXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad Xxxxxx (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Facility Agreement Dated 30th 05th Day Of December 2016October, 2018, Deed Of Assignment And Power Of Attorney Both Dated 12th 01st Day Of April 2017 November, 2018 by XXX XXX XXXX Xxxxxxx A/X Xxxxxxxx @ Xxxxxxxx & Xxxxxxxx Xxxxx A/P Xxxxx Xxxxx (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad Xxxxxx (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers Subject to the provisions of Clause 5 below conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of Assignment And Power Of Attorney Both All Dated 12th 03rd Day Of April 2017 July, 2019 by XXX XXX XXXX Xxx Xxx Xxxxx & Yeap Xxx Xxx (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the Sale.the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 1.2 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 1.3 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 1.4 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 1.5 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.6 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 10th day of June, 2022 by XXX XXX XXXX XXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) ] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of Assignment And Power Of Attorney Both All Dated 12th 19th Day Of April October, 2017 executed by XXX XXX XXX (NRIC NO.: 700827-01-5639 / A1648622) & XXXXX XX XXXX (NRIC NO.: 691019-06-5126 / A1414296) (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad (196901000166 [(8515-D]) D)(formerly known as AmBank Berhad (“the Assignee295576-U))(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to the Facilities Agreement Dated 30th Day Of December 2016Agreement, Deed Of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated the 6th day of January, 2003 executed by XXX XXX XXXX Xxx Xxxxx Bin Shapiai (NRIC No. 660605-10-5475/A 0447807) and Xxxx Xxxxxxx Xxxxx Xxxxx (NRIC NO. 690710-71-5336/A 0786484) (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
- (a) determine a)determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facilities Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Composite Loan Agreement Dated 30th Day Of December 2016and Assignment and Power of Attorney both dated 13th October, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2003 by XXX XXX XXXX Siti Xxxxxx Xxxxx Xxxxxxx (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Composite Loan Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 14th day of January, 2016 by XX XXX XXX XXXX BUT (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) ] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 27th day of October, 2015 executed by XXXX XXX XXX XXXX && XXXX XX XXXX (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Composite Loan Agreement Dated 30th Day Of December 2016and Assignment and Power of Attorney both dated 11th day of August, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2004 by XXXX XXXXXXX XXXXX XXX XXX XXXX (“the XXXXXX(“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Composite Loan Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 Berhad(196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Facility Agreement Dated 30th Day Of December 2016dated 21st day of May, 2019, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 both dated 24th day of May, 2019 by XXX XXX XXXX YEN (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad Xxxxxx (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Composite Loan Agreement Dated 30th Day Of December 2016and Assignment and Power of Attorney both dated 09th day of March, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2005 by XXX XXX XXXX XXXXXXXXXX BIN XXXXXXX APANDI (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Composite Loan Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 Berhad(196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Composite Loan Agreement Dated 30th Day Of December 2016, Deed Of and Assignment And and Power Of Attorney Both Dated 12th Day Of April 2017 13th day of September, 2000 by XXX XXX XXXX XXXXXXXX A/P XXXXXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Composite Loan Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 24th day of November, 2016 by XXX XXX XXXX (“the Assignor/the Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 18th day of February, 2014 by XXX XXX XXXX Xxx Xxxx Xxxx & Xxxx Xxx Xxxx (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad (196901000166 [(8515-D]) (“the AssigneeD)(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated the 27th day of August, 2019 executed by XXX XXX XXXX Xxxxxx Xxxx Bin Xxxxxx (NRIC No. 830210-14-5527) & Xxx Xxxxxxx Xxxxx Xxxxx Xxxxx (NRIC No. 940124-10-5454) (“the Assignor/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
- (a) determine a)determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Composite Loan Agreement Dated 30th Day Of December 2016, Deed Of and Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 both dated 06th day of January 2000 by XXX XXX XXXX XXXX XXXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Composite Loan Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 18th day of March, 2015 by XXX XXX XXXX XXXX XXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad (196901000166 [(8515-D]) (“the AssigneeD))(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated the 24th day of April, 2015 executed by XXX XXX XXXX Xxxx Xxx Xxxx (NRIC No. 830518-08-5057) and Xxx Xxxx Xxxx (NRIC No. 830528-08-5202) (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 21st day of June, 2016 by XXX XXX XXXX XXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Facility Agreement Dated 30th Day Of December 2016and Deed of Assignment both dated 28th day of October, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2020 by XXX XXX XXXX Xxxxxxxxxxx Xxx X Xxxxxx (“the Assignor/Borrower”) and in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated the 02nd day of January, 2014 by XXX XXX XXXX TAN ENG HUI (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Composite Loan Agreement Dated 30th Day Of December 2016and Assignment Homefree and Power of Attorney both dated 29th day of March, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2006 by XXX XXX XXXX XXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Composite Loan Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad Xxxxxx (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Facility Agreement Dated 30th 05th Day Of December 2016April 2019, Deed Of Assignment And Power Of Attorney Both Dated 12th 21st Day Of April 2017 June 2019 by XXX XXX XXXX Xxxx Xx Xxx (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad Xxxxxx (196901000166 [(8515-D]) (“the AssigneeD))(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated the 11th day of January, 2018 executed by XXX XXX XXXX Xxxxxxxx Xxxxx A/X Xxxxxxx Xxxxxxx (NRIC NO.840428-10-5041) & Xxxxx Yoke Xxx (NRIC NO. 830912-14-6102) (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated all dated 12th Day Of April 2017 day of November, 2015 by XXX XXX XXXXX XXXX XXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April all dated 11th day of December, 2017 by XXX XXX XXXX XXXXXXXX A/L PERUMAL (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad [196901000166 (196901000166 [formerly known as 8515-D]) )] (“the Assigneeformerly known as AmBank Berhad (295576- U))(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to the Composite Loan Agreement Dated And Assignment and Letter Of Guarantee both dated the 30th Day Of December 2016day of May, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2005 executed by XXX XXX XXXX Zalwa Bin Zulkepli (NRIC No. 750322-08-5215) (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad (196901000166 [(8515-D])) (formerly known as AmFinance Berhad (Company No. 8515-D)) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to the Composite Loan Agreement Dated 30th Day Of December 2016And Assignment and Power of Attorney both dated 13th day of October, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2003 executed by XXX XXX XXXX Siti Xxxxxx Xxxxx Xxxxxxx (NRIC No. 740823-10-5422/A2939438) (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April all dated 24th day of July 2017 by XXX XXX XXXX XXX (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 27th day of October 2016 by XXX XXX XXXXX XXXX HOW (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of Assignment And Power Of Attorney Both All Dated 12th 04th Day Of April 2017 September, 2015 by XXX XXX XXXX Xxx Xxxx Xxx & Xxx Xxxx Xxxxxx (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 10th day of February, 2016 by XXX XXX XXXX NG LAY FUN (“the Assignor/the Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad Xxxxxx (196901000166 [(8515-D]) (“the AssigneeD))(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated the 1st day of March, 2016 executed by XXX XXX XXXX Xx Xxxx Xxxx (NRIC No. 880916-56-6273) and Ong Xx Xxx (NRIC No. 920829-01-5098) (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad [196901000166 (196901000166 [8515-D]) )] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to the Facility Agreement Dated 30th Day Of December 2016and Deed of Assignment both dated 29th day of November, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 executed by XXX XXX XXXX YAM (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad (196901000166 [(8515-D]) (“the AssigneeD)(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to the Facilities Agreement Dated 30th Day Of December 2016Agreement, Deed Of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated the 3rd day of October, 2002 executed by XXX XXX XXXX Ismail Bin Xxxx Xxxxx (NRIC No. 720727-14-5493) & Xxxx Xxxxxx Bin Xxxx Xxxxx (NRIC No. 750717-14-5411) (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facilities Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 Berhad(196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of Assignment And Power Of Attorney Both All Dated 12th 28th Day Of April 2017 June, 2016 by XXXXX XXX XXX XXXX TING (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 Berhad(196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 07th day of February, 2018 by XXXX XXX XXX XXXX WEI (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 Xxxxxx(196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Composite Loan Agreement Dated 30th Day Of December 2016, Deed Of And Assignment And Power Of Attorney Both Dated 12th 03rd Day Of April 2017 April, 2003 by XXX XXX XXXX XXXXX XXXXX BIN XXXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Composite Loan Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 Berhad(196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April all dated 03rd day of August, 2017 by XXXX XXX XXX XXXX MAY (“the Assignor/”) and XXXX XXXX SAN (“the Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to the Facilities Agreement Dated 30th Day Of December 2016Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 06th day of January, 2009 by XXX XXX XXXX XXXXX XXXXX XXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facilities Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank Islamic Berhad [199401009897 (M) Berhad (196901000166 [8515295576-D]) U)] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Master Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April all dated 28th day of March 2017 by XXX XXX XXXX XXXXXXXXX A/L XXXXXXXXXXX (“the Assignor/BorrowerCustomer”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (( “Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -to:-
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Master Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad [196901000166 (196901000166 [8515-D]) )] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th all dated 13th Day Of April 2017 of February, 2018 by XXX XXX XXXX MUHAMMAD WAFIR BIN XXXXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad 196901000166 (196901000166 [8515-D]) )] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April all dated 10th day of August, 2017 by XXX XXX XXXX FLORIN XXXXX XXXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad Xxxxxx (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April all dated 21st day of July, 2017 by XXX XXX XXXX XXXXXXX A/L ARUNACHALM (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank AmBank (M) Berhad Xxxxxx (196901000166 [(8515-D]) (“the Assigneeformerly known as AmFinance Berhad)(“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to the Composite Loan Agreement Dated 30th Day Of December 2016And Assignment and Power of Attorney both dated the 9th day of March, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2004 executed by XXX XXX XXXX Xxxxxxx Xxxx Xxxxx Xxx Xxxxxxx Xxxxx (NRIC No. 671119-10-5529 @ A0832963) (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 1.4 In the event the subject matter offered for auction comprises more than one (1) Propertyproperty, the Auctioneer shall have the right to: -
- (a) determine a)determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank Islamic Berhad [199401009897 (M) Berhad (196901000166 [8515295576-D]) U)] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities to Facility Agreement Dated 30th Day Of December 2016dated 29th day of October, 2019 and Deed Of of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 dated 11th day of November, 2019 by XXXX XXX XXX XXXX XXXXXXXX (“the Assignor/BorrowerCustomer”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -to:-
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers powers
1.2 Subject to the provisions of Clause 5 below conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 31st day of July, 2018 by XXX XXX XXXX XXXXXXXXX A/X XXXXXXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the Sale.the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to the Facility Agreement, Deed Of of Assignment And and Power Of of Attorney Both Dated 12th Day Of April 2017 all dated 01st day of March, 2016 by XX XXXX XXXX & XXX XX XXX XXXX (“the AssignorAssignors/BorrowerBorrowers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad [196901000166 (196901000166 [8515-D]) )] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Deed of Assignment dated 04th day of May, Deed Of Assignment And Power Of Attorney Both Dated 12th Day Of April 2017 2006 executed by XXX XXX XXXX XXXXXXX XXXXX XX XXXXX (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.dat e.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -to:-
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Deed of Assignment
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank Islamic Berhad [199401009897 (M) Berhad (196901000166 [8515295576-D]) U)] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant Facilities Agreement Dated 30th Day Of December 2016to Facility Agreement, Deed Of Assignment And Power Of Attorney Both All Dated 12th 29th Day Of April 2017 July, 2021 by XXX XXX XXXX XXXXXXXX XXXXX BIN XXXXXXX (“the Assignor/BorrowerCustomer”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -to:-
(a) determine or vary the order of sale;
(b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or
(c) withdraw any of the properties from the sale.
Appears in 1 contract
Samples: Facility Agreement