THE ONLINE BIDDING. 6.1 Each new bid shall not less than immediately preceding bid. 6.2 All increments in the bids shall not be less than the incremental amount as fixed by the Auctioneer at the auction sale. 6.3 The Auctioneer shall have the right to refuse any bid. 6.4 Each bid will be called for 3 times, “First Calling”, “Second Calling”, “Final Call”. Bidder may submit their bid at any of these stages of biddings. (Please change this clause to suit your online system procedure. If there is no change please maintained this clause) 6.5 When system displays “No More Bid. No further bids will be accepted by the Auctioneers 6.6 The bidder with the highest bid shall be declared as Successful Bidder upon the fall of hammer. 6.7 A bid once made shall not be withdrawn. 6.8 If any dispute should arise as to any bidding, the property shall at the option of the Auctioneer be put up again for sale at the last undisputed price and the Auctioneer shall at the auction sale decide on the dispute and such decision by the Auctioneer shall be final. 6.9 Subject to the Reserve Price the highest bidder for the property at the auction sale shall be declared by the Auctioneer to be the successful Purchaser (“The Purchaser”).
Appears in 41 contracts
Samples: Deed of Assignment, Proclamation of Sale, Loan Agreement
THE ONLINE BIDDING. 6.1 Each new bid shall not less than immediately preceding bid.
6.2 All increments in the bids shall not be less than the incremental amount as fixed by the Auctioneer at the auction sale.
6.3 The Auctioneer shall have the right to refuse any bid.
6.4 Each bid will be called for 3 times, “First Calling”, “Second Calling”, “Final Call”. Bidder may submit their bid at any of these stages of biddings. (Please change this clause to suit your online system procedure. If there is no change please maintained this clause).
6.5 When system displays “No More Bid. No further bids will be accepted by the Auctioneers
6.6 The bidder with the highest bid shall be declared as Successful Bidder upon the fall of hammer.
6.7 A bid once made shall not be withdrawn.
6.8 If any dispute should arise as to any bidding, the property shall at the option of the Auctioneer be put up again for sale at the last undisputed price and the Auctioneer shall at the auction sale decide on the dispute and such decision by the Auctioneer shall be final.
6.9 Subject to the Reserve Price the highest bidder for the property at the auction sale shall be declared by the Auctioneer to be the successful Purchaser (“The Purchaser”).
Appears in 22 contracts
Samples: Proclamation of Sale, Proclamation of Sale, Loan Agreement
THE ONLINE BIDDING. 6.1 Each new bid shall not less than immediately preceding bid.
6.2 All increments in the bids shall not be less than the incremental amount as fixed by the Auctioneer at the auction sale.
6.3 The Auctioneer shall have the right to refuse any bid.
6.4 Each bid will be called for 3 times, “First Calling”, “Second Calling”, “Final Call”. Bidder may submit their bid at any of these stages of biddings. (Please change this clause to suit your online system procedure. If there is no change please maintained this clause).
6.5 When system displays “No More Bid. No further bids will be accepted by the Auctioneers.
6.6 The bidder with the highest bid shall be declared as Successful Bidder upon the fall of hammer.
6.7 A bid once made shall not be withdrawn.
6.8 If any dispute should arise as to any bidding, the property shall at the option of the Auctioneer be put up again for sale at the last undisputed price and the Auctioneer shall at the auction sale decide on the dispute and such decision by the Auctioneer shall be final.
6.9 Subject to the Reserve Price the highest bidder for the property at the auction sale shall be declared by the Auctioneer to be the successful Purchaser (“The Purchaser”).
Appears in 5 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
THE ONLINE BIDDING. 6.1 Each new bid shall not less than immediately preceding bid.
6.2 All increments in the bids shall not be less than the incremental amount as fixed by the Auctioneer at the auction sale.
6.3 The Auctioneer shall have the right to refuse any bid.
6.4 Each bid will be called for 3 times, “First Calling”, “Second Calling”, “Final Call”. Bidder may submit their bid at any of these stages of biddings. (Please change this clause to suit your online system procedure. If there is no change please maintained this clause)
6.5 When system displays “No More Bid. No further bids will be accepted by the Auctioneers
6.6 The bidder with the highest bid shall be declared as Successful Bidder upon the fall of hammer.
6.7 A bid once made shall not be withdrawn.
6.8 If any dispute should arise as to any bidding, the property shall at the option of the Auctioneer be put up again for sale at the last undisputed price and the Auctioneer shall at the auction sale decide on the dispute and such decision by the Auctioneer shall be final.
6.9 Subject to the Reserve Price the highest bidder for the property at the auction sale shall be declared by the Auctioneer to be the successful Purchaser (“The Purchaser”).
Appears in 3 contracts
Samples: Loan Agreement, Property Sale Agreement, Loan Agreement
