Common use of Right to Bid Clause in Contracts

Right to Bid. To bid without having to deposit with the Auctioneers the requisite ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher or remit the same through online banking transfer, one (1) working day before auction date by itself or its agent. In the event that the Assignee/Bank is the successful bidder and so declared by the Auctioneer, the Assignee/Bank shall have the liberty to set off the purchase price against the amount due and owing by the Assignor(s)/Borrower(s) under the Facility Agreement dated 23rd day of November, 2020 and Deed of Assignment dated 10th day of March, 2021 and all costs and expenses of, in connection with and resulting from the sale;

Appears in 1 contract

Samples: Proclamation of Sale

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Right to Bid. To bid without having to deposit with the Auctioneers the requisite ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher or remit the same through online banking transfer, one (1) working day before auction date by itself or its agent. In the event that the Assignee/Bank is the successful bidder and so declared by the Auctioneer, the Assignee/Bank shall have the liberty to set off the purchase price against the amount due and owing by the Assignor(s)/Borrower(s) under the Facility Agreement dated 23rd 27th day of NovemberOctober, 2020 2021 and Deed of Assignment dated 10th 05th day of MarchNovember, 2021 and all costs and expenses of, in connection with and resulting from the sale;

Appears in 1 contract

Samples: Proclamation of Sale

Right to Bid. To bid without having to deposit with the Auctioneers the requisite ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher or remit the same through online banking transfer, one (1) working day before auction date by itself or its agent. In the event that the Assignee/Bank is the successful bidder and so declared by the Auctioneer, the Assignee/Bank shall have the liberty to set off the purchase price against the amount due and owing by the Assignor(s)/Borrower(s) under the Facility Agreement dated 23rd 21st day of NovemberJune, 2020 2022 and Deed of Assignment dated 10th 18th day of MarchAugust, 2021 2022 and all costs and expenses of, in connection with and resulting from the sale;

Appears in 1 contract

Samples: Proclamation of Sale

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Right to Bid. To bid without having to deposit with the Auctioneers the requisite ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher or remit the same through online banking transfer, one (1) working day before auction date by itself or its agent. In the event that the Assignee/Bank is the successful bidder and so declared by the Auctioneer, the Assignee/Bank shall have the liberty to set off the purchase price against the amount due and owing by the Assignor(s)/Borrower(s) under the Facility Agreement dated 23rd day of NovemberAnd Deed Of Assignment Both Dated 15th Day Of September, 2020 and Deed of Assignment dated 10th day of March, 2021 and all costs and expenses of, in connection with and resulting from the sale;

Appears in 1 contract

Samples: Facility Agreement

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