Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 214 contracts
Samples: Facility Agreement, Facility Agreement, Facility Agreement
Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 192 contracts
Samples: Facilities Agreement and Deed of Assignment, Facilities Agreement (Consumer Banking), Facilities Agreement
Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 50 contracts
Samples: Facilities Agreement, Proclamation of Sale, Proclamation of Sale
Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 27 contracts
Samples: Property Sale Agreement, Property Sale Agreement, Deed of Assignment (By Way of Security)
Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 14 contracts
Samples: Facilities Agreement (Consumer Banking), Facilities Agreement, Facilities Agreement (Consumer Banking)
Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 13 contracts
Samples: Proclamation of Sale, Deed of Assignment (By Way of Security), Property Financing I Tawarruq Facility Agreement
Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 13 contracts
Samples: Assignment (By Way of Security), Assignment (By Way of Security), Assignment (By Way of Security)
Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 10 contracts
Samples: Facility Agreement, Asset Sale Agreement, Asset Sale Agreement
Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property proper ty again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 8 contracts
Samples: Facilities Agreement (Consumer Banking), Facilities Agreement (Consumer Banking), Facilities Agreement (Consumer Banking)
Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 4 contracts
Samples: Proclamation of Sale, Proclamation of Sale, Facilities Agreement
Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property Property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 3 contracts
Samples: Property Sale Agreement, Property Sale Agreement, Property Sale Agreement
Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property proper ty again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 2 contracts
Samples: Facilities Agreement (Consumer Banking), Facilities Agreement
Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve reserv e price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 1 contract
Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve re serve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 1 contract
Samples: Facilities Agreement
Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve rese rve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Appears in 1 contract
Samples: Deed of Assignment (Property)
