Reverse or auction Sample Clauses

Reverse or auction. It shall be applied in the negotiations with the award to the tenderer offering the lowest price, which shall be expressed in the corresponding file.
Sample 1
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Related to Reverse or auction

  • AFTER AUCTION 6.1 Any successful E-bidders shall and undertake to sign the contract of sale and pay the additional 10% for the difference of the purchase price within two (2) working days to ESZAM AUCTIONEER SDN BHD bank account or prepare a bank draft. In the event that the successful E-bidder fail to pay additional deposit, the Bank will forfeit the deposit and the sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-bidders.

  • E-AUCTIONS 4.1 The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 3 above and invite the Supplier to a further competition using a reverse auction in accordance with the rules laid down by the Contracting Body in accordance with the Regulations prior to the commencement of any such further competition.

  • BEFORE AUCTION 4.1 All intended bidder can access to the ESZAM AUCTIONEER SDN BHD website to download the Proclamation of Sale (POS) & Conditions of Sale (COS). By proceeding with E-bidding with ESZAM AUCTIONEER SDN BHD, the E-bidders’ have agreed and accepted the ESZAM AUCTIONEER SDN BHD terms and conditions. Any bid by registered E-bidder shall not be withdrawn once entered.

  • ONLINE PUBLIC AUCTION PROCESS 2.1. E-Bidders may browse through the PAH Website and select the properties they wish to bid online.

  • WORKING DAY BEFORE THE AUCTION DATE and pay the difference between the initial deposit and the sum equivalent to 10% of the successful bid price (“differential sum”) either via bank draft or cashier’s order crossed “A/C PAYEE ONLY” made payable to HONG XXXXX ISLAMIC BANK BERHAD/XXXXXXX XXXX XXX XXXXXX or remit the same through online banking transfer within THREE (3) WORKING DAYS after the fall of the hammer. The initial deposit and the differential sum shall be collectively known as “the deposit” and Working Day means a day (excluding Saturdays, Sundays and Public Holidays) on which the Assignee is open for business in Kuala Lumpur. The balance of the purchase price is to be settled within ninety (90) days from the date of auction sale to HONG XXXXX ISLAMIC BANK BERHAD. Please refer to the Auctioneer’s Online Terms and Conditions on the Auctioneer’s Website on the manner of payment of the deposit. For further particulars, please contact Messrs Lim & Hooi, Solicitor for the Assignee herein whose address is at 3rd Floor, UMNO Building, Xxxxx Xxxxxx, 00000 Xxxxx Xxxxx, Xxxxx. (Reference: HSH/AS/MWH/54158/2022/HLBBI-LACA/NS, Telephone No: 00-0000000). Intending bidders may also visit the Auctioneer’s Website at xx.xxxxxxxxxxxxxxx.xxx, for more information. MESSRS ESZAM AUCTIONEER SDN BHD (Co. No. 760902-H) XXXX XXXXX BIN XXXX XXXXXX (PJK) Xx. 00, 0xx Xxxxx, Xxxxx Xxxx’ Xxx Xxxx Xxx, Licensed Auctioneer 70000 Seremban, Negeri Sembilan Darul Khusus. TELEPHONE NO : 00-0000000 / FAX NO : 00-0000000 HANDPHONE NO : 000-0000000/000-0000000 (WhatsApp) E-MAIL : xxxxxxxxxxxxxxx@xxxxx.xxx WEBSITE : xxx.xxxxxxxxxxxxxxx.xxx OUR REFERENCE : EZ/LACA/HLiBB/380/2022/MNS/fatin

  • Prior To The Auction Sale a. The Assignee reserves the absolute right at any time to vary, alter, amend or add to the particulars and/or these Conditions of Sale.

  • POST PUBLIC AUCTION 5.1. Any E-Bidders who successfully bids for the Property shall and undertake to sign the Memorandum of Sale and pay the difference between 10% of the purchase price and the deposit paid under clause 3.5 above (“differential sum”) at the office of the Auctioneer within same day from the date of auction, failing which the deposit paid will be forfeited to the Assignee Bank and sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-Bidders. The Auctioneer shall send the Memorandum of Sale for stamping and thereafter forward the same together with the deposit paid under clause 3.5 above and the differential sum paid under this clause (If any) to the Assignee Bank.

  • Acceptance Process All deliverables must be received and accepted in writing by Department’s Grant Manager before payment. The Grantee shall work diligently to correct all deficiencies in the deliverable that remain outstanding, within a reasonable time at Grantee’s expense. If Department’s Grant Manager does not accept the deliverables within 30 days of receipt, they will be deemed rejected.

  • ON THE AUCTION DAY 5.1 E-bidders MUST use browser either Google Chrome, Mozilla Fire Fox, Safari, Internet Explore or Microsoft Edge. E-bidders are responsible for ensuring that internet access and connectivity is running smoothly throughout the whole bidding process. The Bank and Auctioneer will not be held responsible or liable for any interruptions, delays, failures, errors, omissions or loss of information etc.

  • WORKING DAY BEFORE AUCTION DATE and the balance of the purchase price is to be settled within ninety (90) days from the date of auction sale to RHB Bank Berhad via bank draft / XXXXXX. Details of payment via XXXXXX, please liaise with Messrs. Xxxxxx Xxxxxx & Co. For online bidders please refer to the Terms & Conditions on xxx.xxxxxxxxxxxxxxxx.xxx on the manner of payment of the deposit. For further particulars, please apply to Messrs. Xxxxxx Xxxxxx & Co, Solicitors for the Assignee/Bank at No. 6th Floor, Wisma Kah Motor, 566 BT 3 0/0 Xxxxx Xxxx, 00000 Xxxxx Xxxxxx. (Ref No.: LT/RHB-70225/OHC/CS/2022/raj, Tel No.: 00-00000000 Fax No.: 00-00000000) or the under mentioned Auctioneer:- EHSAN AUCTIONEERS SDN BHD (Co. No. 617309-U) DATO’ HAJI XXXXX XXXXX BIN X.X. XXXX (D.I.M.P) Xxxxx X-00-0X, Xxxxx 00, Xxxxx X, Xxxxx Xxxxxx II, / XXXXX XXXXX BIN XXXXXX 00, Xxxxx Xxx Xxxx Xxxx, 50450 Kuala Lumpur. (Licensed Auctioneers) Tel No : 00-0000 0000 Fax No: 00-0000 0000 Our Ref No: ALIN/RHB5470/OHC Website: xxx.xxxxxxxxxxxxxxxx.xxx E-mail: xxxxxx@xxxxxxxxxxxxxxxx.xxx HP NO. : 000-0000 000 (CALL, WHATSAPP & SMS) PERISYTIHARAN JUALAN DALAM PERKARA PERJANJIAN KEMUDAHAN XXX SURATIKATAN PENYERAHAN HAK (PENYERAHAN HAK PIHAK PERTAMA) KEDUA-DUANYA BERTARIKH 28HB MEI, 2018 ANTARA RHB BANK BERHAD No. Syarikat 196501000373 (6171-M)] Pihak Pemegang Xxxxx Xxx/Bank XXX XXXXXX BIN XXXXXX (NO K/P.: 630715-03-5749/7190177) XXX XXXXXX XXXXX XXX XXXX (NO K/P.: 810803-06-5006) Pihak Penyerahan Hak/Peminjam Menurut kuasa xxx xxx xxxx telah diberikan kepada Pihak Pemegang Xxxxx Xxx/Bank di bawah Perjanjian Kemudahan xxx Suratikatan Penyerahan Hak (Penyerahan Hak Pihak Pertama) kedua-duanya bertarikh 28hb Mei, 2018 di antara Pihak Penyerah Hak/Pihak Peminjam xxx Pihak Pemegang Xxxxx Xxx/Bank adalah dengan ini diisytiharkan bahawa Pihak Pemegang Xxxxx Xxx/Bank dengan dibantu oleh Pelelong yang tersebut di bawah akan menjual hartanah yang diterangkan di bawah secara:- LELONGAN AWAM SECARA ATAS TALIAN PADA 10HB NOVEMBER 2022, BERSAMAAN XXXX XXXXXX, JAM 2.30 PETANG,

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