Absentee Bid definition

Absentee Bid means a bid submitted to Auctioneer by an Absentee Bidder for the execution during the Auction under terms established by Auctioneer.

Absentee Bid means a bid submitted to LAG by an Absentee Bidder for the execution during the Auction under terms established by LAG.

Absentee Bid means a bid submitted to Auctioneer by an Absentee Bidder for the execution during the Auction. “Absentee Bidder” means a person or entity, typically not present at the Auction, who submits an Absentee Bid. "Absolute Auction" or "Absolute" applies only if and when expressly indicated and means an auction at which property is sold to the highest bidder regardless of the amount of the final bid, with no limiting conditions, restrictions, or reservations. This type of auction is also known as an auction Without Reserve. Once the bidding begins, property that is expressly offered for sale at an Absolute Auction will be sold to the highest bidder regardless of the final bid amount. NO AUCTION CONDUCTED BY AUCTIONEER IS ABSOLUTE OR WITHOUT RESERVE, AND NO PROPERTY IS OFFERED ABSOLUTE OR WITHOUT RESERVE, UNLESS SPECIFICALLY AND EXPRESSLY STATED BY AUCTIONEER IN WRITING.

Examples of Absentee Bid in a sentence

• If there is any conflict between this paragraph C5 and the instructions contained on the Absentee Bid Form, the Absentee Bid Form will take precedence.

• We will not accept any requests after this point nor will we accept any oral requests, unsigned or incomplete Absentee Bid Forms, or any written or emailed requests not on our Absentee Bid Form for the sale you wish to bid upon.

• We must receive your signed and completed Absentee Bid Form either physically at our saleroom premises or by contacting the relevant sales specialist no later than 24 hours prior to the scheduled closing of the first lot in the sale.

• You may request that Christie’s execute your bid on any particular lot(s) indicated by you in a signed Absentee Bid Form that we make available to you for the sale.

• You may increase or decrease your bid prior to the expiry of the 24-hour period by sending us an updated Absentee Bid Form for the lot(s).

• Absentee Bid Forms are available in the back of every auction catalog and also may be obtained at any Profiles in History location.

• Don’t miss it! If you can’t attend but wish to make an Absentee Bid, give us a call.

• An Absentee Bidder may authorize Auctioneer to advance the bid by one or more bidding increments after the maximum amount of the Absentee Bid is, or would be, reached.

• In that instance the driver may submit an Absentee Bid Form with his/her choices in order of preference.

• However, all Buyers accept that the Absentee Bid service by Antiquorum is a free service subject always to any other commitments of Antiquorum at the time of sale.

More Definitions of Absentee Bid

Absentee Bid means a bid submitted to Auctioneer by a Bidder (who may or may not be in attendance at the Auction Site), along with a request that the bid be executed on behalf of the Absentee Bidder during the Auction.

Absentee Bid. A bid made by a person who may not attend the Auction but submits, in advance, a written or oral bid that is the top price he/she will pay for a given property.

Absentee Bid means a bid submitted in advance by an Absentee Bidder for the execution during the Auction.

Absentee Bid means a bid submitted to Auctioneer by an Absentee Bidder for the execution during the Auction under terms established by Auctioneer. “Absentee Bidder” means a person or entity that submits an Absentee Bid. An absentee Bidder may or may not be present at the Auction.