Rights to Bid Sample Clauses

Rights to Bid. Notwithstanding any provisions to the contrary stated in other clauses of this Conditions of Sale, the Assignee / Bank shall be entitled to make a bid for the Property with or without having to deposit with the Auctioneer the requisite ten per centum (10%) of the Reserve Price, 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 (subject to any others taxes implemented, whenever applicable) against the amount due and owing by the Assignor / Borrower under the said Facility Agreement and Assignment and Power of Attorney and all costs and expenses of, in connection with and resulting from the sale. If approvals from any relevant authorities are required in respect of the purchase, then the Assignee / Bank shall apply for the approvals after the successful bid and shall only be required to set off the purchase price (subject to any others taxes implemented, whenever applicable) against the amount due and owing by the Assignor under the said Facility Agreement, Assignment and Power of Attorney and all costs and expenses of, in connection with and resulting from the sale within NINETY (90) days from the date of the receipt by the Assignee / Bank of all the approvals. If any of the approvals are not obtained or are obtained but subject to conditions, which are not acceptable to the Assignee / Bank, then the Assignee / Bank shall be entitled to terminate the purchase of the Property and the purchase price (subject to any others taxes implemented, whenever applicable) or any part thereof (including if a deposit has been paid by way of a reduction of the amount due and owing by the Assignor) paid by the Assignee / Bank by way of set off (if any) shall be reversed and parties shall be placed back in position as if this sale has not taken place. For avoidance of doubt, nothing in the foregoing shall restrict the Assignee / Bank’s rights or discretion to pay the full purchase price (subject to any others taxes implemented, whenever applicable) by way of set off before the approvals have been obtained. The Assignee / Bank shall also be entitled at its absolute discretion to assign, novate or transfer all or any of its rights, obligations and interests hereunder to a third party.
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Related to Rights to Bid

  • Rights to Sell Seller grants Agency: (check one) ☐ - Exclusive Right-to-Sell: The sole and exclusive right to sell, trade, convey, or exchange the Property during the Listing Period in accordance with the terms and conditions set forth in this Agreement. Seller hereby appoints Agency as the exclusive agent and all inquiries made on the Property shall be referred to Agency. Agency shall be paid the Commission whether or not the Property was sold, directly or indirectly, through the Agency. ☐ - Exclusive Agency: The exclusive agency right to sell, trade, convey, or exchange the Property during the Listing Period in accordance with the terms and conditions set forth in this Agreement. Seller hereby appoints Agency as the exclusive agent and to represent the Seller as their client ONLY if a potential Buyer is produced by the Agency. Seller retains the right to sell the Property directly, on their own behalf, with no commission due to the Agency.

  • HOW TO BID 3.1. E-Bidders may browse through the EHSAN AUCTIONEERS SDN. BHD. website and select the properties they wish to bid & click VIEW DETAIL to see more.

  • Rights to Inspect The Company agrees that the County and its authorized agents shall have the right at all reasonable times and upon prior reasonable notice to enter upon and examine and inspect the Project. The County and its authorized agents shall also be permitted, at all reasonable times and upon prior reasonable notice, to have access to examine and inspect the Company’s South Carolina property tax returns, as filed. The aforesaid rights of examination and inspection shall be exercised only upon such reasonable and necessary terms and conditions as the Company shall prescribe, and shall be subject to the provisions of Section 5.03 hereof.

  • RIGHTS TO INVENTIONS MADE UNDER A CONTRACT OR AGREEMENT. If the federal award meets the definition of “funding agreement” under 37 C.F.R. § 401.2(a) and the recipient or subrecipient wishes to enter into a contract with a small business firm or nonprofit organization regarding the substitution of parties, assignment or performance of experimental, developmental, or research work under that “funding agreement,” the recipient or subrecipient must comply with the requirements of 37 C.F.R. § 401, “Rights to Inventions Made by Nonprofit Organizations and Small Business Firms Under Government Grants, Contracts and Cooperative Agreements,” and any implementing regulations issued by the awarding agency. Supplier certifies that during the term of an award for all contracts by Sourcewell resulting from this procurement process, Supplier must comply with applicable requirements as referenced above.

  • Rights to Inventions Made Under a Contract or Agreement. If the Federal award meets the definition of “funding agreement” under 37 CFR § 401.2 (a) and the recipient or subrecipient wishes to enter into a contract with a small business firm or nonprofit organization regarding the substitution of parties, assignment or performance of experimental, developmental, or research work under that “funding agreement,” the recipient or subrecipient must comply with the requirements of 37 CFR Part 401, “Rights to Inventions Made by Nonprofit Organizations and Small Business Firms Under Government Grants, Contracts and Cooperative Agreements,” and any implementing regulations issued by the awarding agency.

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