Common use of VERIFICATION OF THE REGISTRATION OF ONLINE BIDDERS Clause in Contracts

VERIFICATION OF THE REGISTRATION OF ONLINE BIDDERS. 6.1. Registration of Online Bidders shall be subjected to verification and approval by Xxxxx Xxxxxxxxxx and subject further to the 10% deposit payment being cleared by the Bank. Approval from Xxxxx Auctioneer may take at least one (1) working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the Auctioneer. Xxxxx Auctioneer, the Auctioneer, LA website, its agents and/or representatives shall not be held liable in the event the registration of the Online Bidders is rejected and/or delayed for any reason whatsoever. In the event the registration is rejected, the 10% deposit paid (if cleared by the Bank) shall be refunded by Xxxxx Auctioneer to the same bank account from which the deposit was made within two (2) working days. 6.2. Upon approval and verification by Xxxxx Auctioneer and subject to the 10% deposit payment being cleared by the Bank, the Online Bidders who successfully registered as registered Online Bidders will receive a secured hyperlink via “registered e-mail” which allows the registered Online Bidders to bid online for the property on the auction date.

Appears in 11 contracts

Samples: Facility Agreement, Proclamation of Sale, Facilities Agreement

AutoNDA by SimpleDocs

VERIFICATION OF THE REGISTRATION OF ONLINE BIDDERS. 6.1. Registration of Online Bidders shall be subjected subject to verification and approval by Xxxxx Xxxxxxxxxx and subject further to the 10% deposit payment being cleared verified by the BankXxxxx Auctioneer. Approval from Xxxxx Auctioneer may take at least one (1) working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the Auctioneer. Xxxxx Auctioneer, the Auctioneer, LA website, its agents and/or representatives shall not be held liable in the event the registration of the Online Bidders is rejected and/or delayed for any reason whatsoever. In the event the registration is rejected, the 10% deposit paid (if cleared by the Bank) deposited shall be refunded returned by Xxxxx Auctioneer to the same bank account from which the deposit was made Online Bidders within two (2) working daysdays via Pos Laju or by hand. 6.2. Upon approval and verification by Xxxxx Auctioneer Xxxxxxxxxx and subject to the bank draft of the 10% deposit payment being cleared received by the Bank, the Auctioneer. Online Bidders who successfully registered as registered Online Bidders will receive a secured hyperlink via “registered e-mail” which allows the registered Online Bidders to bid online for the property on the auction date.

Appears in 4 contracts

Samples: Housing Loan Agreement, Housing Loan Agreement, Facilities Agreement

VERIFICATION OF THE REGISTRATION OF ONLINE BIDDERS. 6.1. Registration of Online Bidders shall be subjected subject to verification and approval by Xxxxx Xxxxxxxxxx NCM Auctioneer and subject further to the 10% deposit payment being cleared verified by the BankNCM Auctioneer. Approval from Xxxxx NCM Auctioneer may take at least one (1) working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the Auctioneer. Xxxxx NCM Auctioneer, the Auctioneer, LA NCM website, its agents and/or representatives shall not be held liable in the event the registration of the Online Bidders is rejected and/or delayed for any reason whatsoever. In the event the registration is rejected, the 10% deposit paid (if cleared by the Bank) deposited shall be refunded returned by Xxxxx NCM Auctioneer to the same bank account from which the deposit was made Online Bidders within two (2) working daysdays via Pos Laju or by hand. 6.2. Upon approval and verification by Xxxxx the NCM Auctioneer and subject to the bank draft of the 10% deposit payment being cleared received by the BankAuctioneer, the Online Bidders who successfully registered as registered Online Bidders will receive a secured hyperlink via “registered e-mail” which allows the registered Online Bidders to bid online for the property on the auction date.

Appears in 3 contracts

Samples: Facilities Agreement, Facilities Agreement, Facilities Agreement

AutoNDA by SimpleDocs

VERIFICATION OF THE REGISTRATION OF ONLINE BIDDERS. 6.1. Registration of Online Bidders shall be subjected to verification and approval by Xxxxx Xxxxxxxxxx Leong Auctioneer and subject further to the 10% deposit payment being cleared by the Bank. Approval from Xxxxx Auctioneer may take at least one (1) working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the Auctioneer. Xxxxx Auctioneer, the Auctioneer, LA website, its agents and/or representatives shall not be held liable in the event the registration of the Online Bidders is rejected and/or delayed for any reason whatsoever. In the event the registration is rejected, the 10% deposit paid (if cleared by the Bank) shall be refunded by Xxxxx Auctioneer to the same bank account from which the deposit was made within two (2) working days. 6.2. Upon approval and verification by Xxxxx Auctioneer and subject to the 10% deposit payment being cleared by the Bank, the Online Bidders who successfully registered as registered Online Bidders will receive a secured hyperlink via “registered e-mail” which allows the registered Online Bidders to bid online for the property on the auction date.

Appears in 1 contract

Samples: Facility Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!