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 Bidding shall generally commence based on the sequence of the lot being shown on the PAH Website. However the Auctioneer has the right to vary the sequence without having to give prior notice to the intended bidders. 6.5 It shall be the responsibilities of the E-bidders to login through PAH website to wait for the turn to bid for the property lot in which they intend to bid. 6.6 The Auctioneer has the discretion to set a new reserve price in the event that there is more than one (1) registered bidder. 6.7 The amount of incremental bid will appear on the website prior to the commencement of the auction. 6.8 Registered online Bidders shall start bidding online by pressing the BID Button using their own gadgets with internet connection. If your bid is the highest, it will be denoted by a Green Coloured Box otherwise it will be a Red Coloured Box The highest bid shall flash 10 seconds (subject to change) interval for four (4) times " Calling Once, Calling Twice, Last Call and Sold". E-bidders may submit their bid at any of these stages of biddings by pressing the BID button. The successful bidder's bid will be denoted by a green coloured screen. The highest bidder shall be declared as the successful purchaser upon the fall of the hammer. 6.9 In the event that there is no bid after forty (40) seconds from the time of commencement of the auction, the auction shall be aborted. 6.10 A bid once made shall not be withdrawn. 6.11 If any dispute should arise as to any bidding, the property shall at the option of the Auctioneer be put up again for sale at the last undisputed price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. 6.12 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 9 contracts
Samples: Proclamation of Sale, Facility Agreement and Deed of Assignment, 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 Bidding shall generally commence based on the sequence of the lot being shown on the PAH Website. However the Auctioneer has the right to vary the sequence without having to give prior notice to the intended bidders.
6.5 It shall be the responsibilities of the E-bidders to login through PAH website to wait for the turn to bid for the property lot in which they intend to bid.
6.6 The Auctioneer has the discretion to set a new reserve price in the event that there is more than one (1) registered bidder.
6.7 The amount of incremental bid will appear on the website prior to the commencement of the auction.
6.8 Registered online Bidders shall start bidding online by pressing the BID Button using their own gadgets with internet connection. If your bid is the highest, it will be denoted by a Green Coloured Box otherwise it will be a Red Coloured Box The highest bid shall flash 10 seconds (subject to change) interval for four (4) times " Calling Once, Calling Twice, Last Call and Sold". E-bidders may submit their bid at any of these stages of biddings by pressing the BID button. The successful bidder's bid will be denoted by a green coloured screen. The highest bidder shall be declared as the successful purchaser upon the fall of the hammer.
6.9 In the event that there is no bid after forty (40forty(40) seconds from the time of commencement of the auction, the auction shall be aborted.
6.10 A bid once made shall not be withdrawn.
6.11 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.
6.12 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, Property Sale Agreement, Facility Agreement and Deed of Assignment
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 Bidding shall generally commence based on the sequence of the lot being shown on the PAH Website. However the Auctioneer has the right to vary the sequence without having to give prior notice to the intended bidders.
6.5 It shall be the responsibilities of the E-bidders to login through PAH website to wait for the turn to bid for the property lot in which they intend to bid.
6.6 The Auctioneer has the discretion to set a new reserve price in the event that there is more than one (1) registered bidder.
6.7 The amount of incremental bid will appear on the website prior to the commencement of the auction.
6.8 Registered online Bidders shall start bidding online by pressing the BID Button using their own gadgets with internet connection. If your bid is the highest, it will be denoted by a Green Coloured Box otherwise it will be a Red Coloured Box The highest bid shall flash 10 seconds (subject to change) interval for four (4) times " Calling Once, Calling Twice, Last Call and Sold". E-bidders may submit their bid at any of these stages of biddings by pressing the BID button. The successful bidder's bid will be denoted by a green coloured screen. The highest bidder shall be declared as the successful purchaser upon the fall of the hammer.
6.9 In the event that there is no bid after forty (40forty(40) seconds from the time of commencement of the auction, the auction shall be aborted.
6.10 A bid once made shall not be withdrawn.
6.11 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.
6.12 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 4 contracts
Samples: Property Sale Agreement, Property Sale Agreement, Proclamation of Sale
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 Bidding shall generally commence based on the sequence of the lot being shown on the PAH Website. However the Auctioneer has the right to vary the sequence without having to give prior notice to the intended bidders.
6.5 It shall be the responsibilities of the E-bidders to login through PAH website to wait for the turn to bid for the property lot in which they intend to bid.
6.6 The Auctioneer has the discretion to set a new reserve price in the event that there is more than one (1) registered bidder.
6.7 The amount of incremental bid will appear on the website prior to the commencement of the auction.
6.8 Registered online Bidders shall start bidding online by pressing the BID Button using their own gadgets with internet connection. If your bid is the highest, it will be denoted by a Green Coloured Box otherwise it will be a Red Coloured Box The highest bid shall flash 10 seconds (subject to change) interval for four (4) times " "Calling Once, Calling Twice, Last Call and Sold". E-bidders may submit their bid at any of these stages of biddings by pressing the BID button. The successful bidder's bid will be denoted by a green coloured screen. The highest bidder shall be declared as the successful purchaser upon the fall of the hammer.
6.9 In the event that there is no bid after forty (40) seconds from the time of commencement of the auction, the auction shall be aborted.
6.10 A bid once made shall not be withdrawn.
6.11 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.
6.12 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 2 contracts
Samples: Proclamation of Sale, Proclamation of Sale
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 Bidding shall generally commence based on the sequence of the lot being shown on the PAH Website. However the Auctioneer has the right to vary the sequence without having to give prior notice to the intended bidders.
6.5 It shall be the responsibilities of the E-bidders to login through PAH website to wait for the turn to bid for the property lot in which they intend to bid.
6.6 The Auctioneer has the discretion to set a new reserve price in the event that there is more than one (1) registered bidder.
6.7 The amount of incremental bid will appear on the website prior to the commencement of the auction.
6.8 Registered online Bidders shall start bidding online by pressing the BID Button using their own gadgets with internet connection. If your bid is the highest, it will be denoted by a Green Coloured Box otherwise it will be a Red Coloured Box The highest bid shall flash 10 seconds (subject to change) interval for four (4) times " "Calling Once, Calling Twice, Last Call and Sold". E-bidders may submit their bid at any of these stages of biddings by pressing the BID button. The successful bidder's bid will be denoted by a green coloured screen. The highest bidder shall be declared as the successful purchaser upon the fall of the hammer.
6.9 In the event that there is no bid after forty (40forty(40) seconds from the time of commencement of the auction, the auction shall be aborted.
6.10 A bid once made shall not be withdrawn.
6.11 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.
6.12 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 2 contracts
Samples: Proclamation of Sale, Proclamation of Sale
