Unstoppable Auctions Sample Clauses

Unstoppable Auctions. Once an auction is initiated it cannot be stopped. If a Scheduled Auction is not cancelled before the established start time, the Scheduled Auction will automatically be initiated, and the auctioned works will be sold as long as the Starting Bid Price is met (or if any bid is received for Scheduled Auctions without a Starting Bid Price). Similarly, if a Reserve Auction is not cancelled before someone places a bid that satisfies the established Reserve Price, the Reserve Auction will automatically be initiated, and work will be sold even if there are no other bids placed.
Sample 1
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Related to Unstoppable Auctions

  • 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.

  • 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.

  • 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 Any bid by registered E-bidder shall not be withdrawn once entered.

  • AUCTIONS Lessee shall not conduct, nor permit to be conducted, either voluntarily or involuntarily, any auction upon the Premises without first having obtained Lessor's prior written consent. Notwithstanding anything to the contrary in this Lease, Lessor shall not be obligated to exercise any standard of reasonableness in determining whether to grant such consent.

  • RESERVE PRICE AND BIDDING AT AUCTION CONDITIONS OF SALE

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

  • Cost of Bidding 6.1 The bidder shall bear all costs associated with the preparation and submission of his Bid, and the Employer will in no case be responsible and liable for those costs.

  • THE AUCTIONEER 2.1 The auctioneer having conduct of the auction sale of the Property shall be as named in the Proclamation of Sale and/or an Auctioneer so appointed/engaged by the Auctioneer or the Auctioneer’s firm (`the Auctioneer’).

  • 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.

  • Contractor’s Bid or Mini-Bid Proposal f. Unincorporated Appendices (if any).

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