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 Ehsan Auctioneer and subject further to the 10% deposit payment being verified by Ehsan Auctioneer. Approval from Ehsan 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. Ehsan Auctioneer, the Auctioneer, Ehsan Auctioneer’s 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 shall be returned by Ehsan Auctioneer to the Online Bidders within two (2) working days via Pos Laju or by hand.

Appears in 15 contracts

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

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