Common use of Xxxxx Xxxxx Xxxxxx Clause in Contracts

Xxxxx Xxxxx Xxxxxx. RESERVE PRICE The property will be sold on an ''as is where is basis" and subject to a reserve price of RM400,000.00 (RINGGIT MALAYSIA FOUR HUNDRED THOUSAND ONLY) only and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder ('the Purchaser") from the Developer and other relevant authorities, if any is required, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authority. All expenses incurred in obtaining the said consent shall be borne by the Purchaser. Any arrears of quit rent, assessment, service/maintenance charges, sinking fund including the late penalty interest (if any) which may be lawfully due to any relevant authority or the Developer up to the date of successful sale of the subject property shall be deducted from the purchase money. The Purchaser shall bear and pay all fees and expenses including but not limited to all legal fees, stamp duty and registration fees in connection with, incidental to or pursuant to the Assignment and all other documents necessary for effecting the transfer or assigning the beneficial ownership in the property to the Purchaser and shall also bear all risks in relation to the purchase of the property. All intending bidders are required to deposit 10% of the fixed reserve price (“the initial deposit”) by way of bank draft or cashier's order “A/C PAYEE ONLY” made payable to OCBC BANK (MALAYSIA) BERHAD prior to the auction sale and pay the difference between the initial deposit and the sum equivalent to 10% of the successful bid price either in cash or bank draft or cashier’s order crossed “A/C PAYEE ONLY” made payable to OCBC BANK (MALAYSIA) BERHAD immediately after the fall of the hammer with the undermentioned Auctioneer. The balance of the purchase price is to be settled within one hundred and twenty

Appears in 1 contract

Samples: Facilities Agreement

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Xxxxx Xxxxx Xxxxxx. RESERVE PRICE PRICE: The subject property will be sold on an ''as is where is basis" and subject to a reserve price of RM400,000.00 RM342,490.00 (RINGGIT MALAYSIA THREE HUNDRED FORTY TWO THOUSAND FOUR HUNDRED THOUSAND AND NINETY ONLY) only and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank Assignee subject to consent the approval being obtained by the successful bidder ('the Purchaser") Purchaser from the Developer and other relevant authorities, authorities if any is requiredany, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer relevant authorities. Subject to the terms and conditions stated in the relevant authority. All expenses incurred in obtaining the said consent shall be borne by the Purchaser. Any Conditions of Sale, any arrears of quit rent, assessmentassessments, service/maintenance charges, sinking fund including the late penalty interest (if any) charges and any other outgoings which may be lawfully due to any the relevant authority or the Developer authorities up to the date of successful sale of the subject property shall be deducted from paid out of the purchase money. The Purchaser shall bear and pay all fees and expenses including but not limited to all legal All other fees, stamp duty costs and registration fees in connection with, incidental to or pursuant charges relating to the Assignment transfer and all other documents necessary for effecting the transfer or assigning the beneficial ownership in assignment of the property to shall be borne solely by the Purchaser and shall also bear all risks in relation to the purchase of the propertysuccessful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price (“for the initial deposit”) said property by way Bank Draft or Cashier’s Order only in favour of bank draft or cashier's order “A/C PAYEE ONLY” made payable to OCBC BANK (MALAYSIA) HSBC AMANAH MALAYSIA BERHAD prior to on the day of auction sale and pay the difference between the initial deposit and the sum equivalent to 10% of the successful bid price either in cash or bank draft or cashier’s order crossed “A/C PAYEE ONLY” made payable to OCBC BANK (MALAYSIA) BERHAD immediately after the fall of the hammer with the undermentioned Auctioneer. The balance of the purchase price is money shall be paid by the Purchaser within ninety (90) days from the date of auction sale to HSBC AMANAH MALAYSIA BERHAD, failing which the deposit shall be settled within one hundred forfeited by the Assignee/Bank at its absolute discretion. No extension of time will be allowed. Online bidders are further subject to the Terms and twentyConditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: auctions.com.my

Xxxxx Xxxxx Xxxxxx. RESERVE PRICE PRICE: The subject property will be sold on an ''as is where is basis" and subject to a reserve price of RM400,000.00 RM522,000.00 (RINGGIT MALAYSIA FOUR FIVE HUNDRED AND TWENTY TWO THOUSAND ONLY) only and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank Assignee subject to consent the approval being obtained by the successful bidder ('the Purchaser") Purchaser from the Developer and other relevant authorities, authorities if any is requiredany, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer relevant authorities. Subject to the terms and conditions stated in the relevant authority. All expenses incurred in obtaining the said consent shall be borne by the Purchaser. Any Conditions of Sale, any arrears of quit rent, assessmentassessments, service/maintenance charges, sinking fund including the late penalty interest (if any) charges and any other outgoings which may be lawfully due to any the relevant authority or the Developer authorities up to the date of successful sale of the subject property shall be deducted from paid out of the purchase money. The Purchaser shall bear and pay all fees and expenses including but not limited to all legal All other fees, stamp duty costs and registration fees in connection with, incidental to or pursuant charges relating to the Assignment transfer and all other documents necessary for effecting the transfer or assigning the beneficial ownership in assignment of the property to shall be borne solely by the Purchaser and shall also bear all risks in relation to the purchase of the propertysuccessful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price (“for the initial deposit”) said property by way Bank Draft or Cashier’s Order only in favour of bank draft or cashier's order “A/C PAYEE ONLY” made payable to OCBC BANK (MALAYSIA) HSBC AMANAH MALAYSIA BERHAD prior to on the day of auction sale and pay the difference between the initial deposit and the sum equivalent to 10% of the successful bid price either in cash or bank draft or cashier’s order crossed “A/C PAYEE ONLY” made payable to OCBC BANK (MALAYSIA) BERHAD immediately after the fall of the hammer with the undermentioned Auctioneer. The balance of the purchase price is money shall be paid by the Purchaser within ninety (90) days from the date of auction sale to HSBC AMANAH MALAYSIA BERHAD, failing which the deposit shall be settled within one hundred forfeited by the Assignee/Bank at its absolute discretion. No extension of time will be allowed. Online bidders are further subject to the Terms and twentyConditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: mybidding.com.my

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Xxxxx Xxxxx Xxxxxx. RESERVE PRICE The property will be sold on an ''as is where is basis" and subject to a reserve price of RM400,000.00 RM380,000.00 (RINGGIT MALAYSIA FOUR THREE HUNDRED AND EIGHTY THOUSAND ONLY) only and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder ('the Purchaser") from the Developer and other relevant authorities, if any is required, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authority. All expenses incurred in obtaining the said consent shall be borne by the Purchaser. Any arrears of quit rent, assessment, service/maintenance charges, sinking fund including the late penalty interest (if any) which may be lawfully due to any relevant authority or the Developer up to the date of successful sale of the subject property shall be deducted from the purchase money. The Purchaser shall bear and pay all fees and expenses including but not limited to all legal fees, stamp duty and registration fees in connection with, incidental to or pursuant to the Assignment and all other documents necessary for effecting the transfer or assigning the beneficial ownership in the property to the Purchaser and shall also bear all risks in relation to the purchase of the property. All intending bidders are required to deposit 10% of the fixed reserve price (“the initial deposit”) by way of bank draft or cashier's order “A/C PAYEE ONLY” made payable to OCBC BANK (MALAYSIA) BERHAD prior to the auction sale and pay the difference between the initial deposit and the sum equivalent to 10% of the successful bid price either in cash or bank draft or cashier’s order crossed “A/C PAYEE ONLY” made payable to OCBC BANK (MALAYSIA) BERHAD immediately after the fall of the hammer with the undermentioned Auctioneer. The balance of the purchase price is to be settled within one hundred and twenty

Appears in 1 contract

Samples: Facilities Agreement

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