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 subject to verification and approval by the Auctioneer and subject further to the 10% deposit payment being verified by the Auctioneer. Approval from the 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. The Auctioneer, xxx.xxxx0xxx.xxx, 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 deposited shall be returned by the Auctioneer to the Online Bidders within two (2) working days via Pos Laju or by hand. 6.2. Upon approval and verification by the Auctioneer and subject to the bank draft of the 10% deposit received by the Auctioneer, Online Bidders who successfully registered as registered Online Bidders will receive a hyperlink “Click Here” via “registered e-mail” which allows the registered Online Bidders to access the auction event page. Upon auction commencement, the Online Bidders shall login and click “Bid Live” button at the auction event page to enter the bidding room to bid online for its registered property. The Online Bidders may login through xxx.xxxx0xxx.xxx to access the same.

Appears in 10 contracts

Samples: Housing Loan Agreement, Housing Loan Agreement, Facilities Agreement & Deed of Assignment

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VERIFICATION OF THE REGISTRATION OF ONLINE BIDDERS. 6.1. Registration of Online Bidders shall be subject subjected to verification and approval by the Xxxxx Auctioneer and subject further to the 10% deposit payment by Bank Draft/Cashier’s Order being verified by Xxxxx Auctioneer and/or the Auctioneer10% deposit payment via online bank transfer being cleared by the Bank. Approval from the 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. The Xxxxx Auctioneer, xxx.xxxx0xxx.xxxthe 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 deposited paid by Bank Draft/Cashier’s Order shall be returned by the Auctioneer to the Online Bidders and/or the 10% deposit payment via online bank transfer (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 via Pos Laju or by handdays. 6.2. Upon approval and verification by the Xxxxx Auctioneer and subject to the bank draft of 10% deposit payment by Bank Draft/Cashier’s Order received by Xxxxx Auctioneer and/or the 10% deposit received payment via online bank transfer being cleared by the AuctioneerBank, the Online Bidders who successfully registered as registered Online Bidders will receive a secured hyperlink “Click Here” via “registered e-mail” which allows the registered Online Bidders to access the auction event page. Upon auction commencement, the Online Bidders shall login and click “Bid Live” button at the auction event page to enter the bidding room to bid online for its registered property. The Online Bidders may login through xxx.xxxx0xxx.xxx to access the sameproperty on the auction date.

Appears in 8 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

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