Common use of Verification of the Registration of E - Bidders Clause in Contracts

Verification of the Registration of E - Bidders. 6. 1. Registration shall subject to v erific ation and approval of the Auctioneer’s website and s ubject further to bank’ s clearanc e of deposit pay ment. Pleas e tak e note that approval from the Auctioneer’s administrator may tak e at least 1 working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the Auctioneer. Neither the Auc tioneer nor its website nor i ts agents and/ or repres entativ e bears any res ponsibility or assumes any l iability in the ev ent that the registration of a prospectiv e E - Bidders is rejected and/ or xxxxx xx for any reason whats oev er. In the ev ent of the registration is rejected, the deposit paid ( i f c leared by the bank) s hall be refunded to the s ame bank account f rom which the depos it transfer was made within three ( 3) working days. 6. 2. Upon approval and verification by the Auctioneer’s website and subject to the depos it pay ment being cleared by th e bank, registered E- Bidders will receive a password, i .