Absentee Bidder definition

Absentee Bidder means a person or entity that submits an Absentee Bid. An absentee Bidder may or may not be present at the Auction.
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Absentee Bidder means a Bidder that submits an Absentee Bid, whether or not physically present at the Auction.
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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.
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Examples of Absentee Bidder in a sentence

  • Any valid assignment made hereunder shall be binding upon and inure to the benefit of successors and assigns of Absentee Bidder and Auctioneer.

  • Any assignment of the Agreement or any assignment of rights hereunder by Absentee Bidder without written consent of Auctioneer shall be void.

  • Auctioneer shall not be responsible for spotting, switching, demurrage, rerouting, storage, or other transportation charges unless agreed to in writing, and Absentee Bidder shall be solely responsible for the same.

  • However, it is normally expected that eighty (80) hours of work shall constitute a normal payroll period.

  • Upon any default, Auctioneer at its option and without notice or demand, may declare all obligations of Absentee Bidder immediately to be due and payable and shall have all the remedies of a creditor available under applicable law, as well as all other applicable rights and remedies allowed by applicable law.

  • Absentee Bidder authorizes Auctioneer to charge shipping costs of purchased Property to the credit card provided herein.

  • Delivery of goods to carrier constitutes delivery to Absentee Bidder and thereafter Absentee Bidder shall have all risks of loss or damage.

  • All goods sold by Auctioneer to Absentee Bidder shall be shipped by carrier from Evansville, Indiana, as selected by Auctioneer in its sole and absolute discreton.

  • Auctioneer is an agent of the Absentee Bidder, and as such, it owes duties of trust loyalty, confidentiality, accounting, and disclosure to the Absentee Bidder.

  • The Terms and Conditions and Limitation of Remedies herein constitute the complete agreement of Auctioneer (“Xxxx & Associates, LTD”) and Absentee Bidder, unless otherwise provided in writing signed by an authorized representative of Auctioneer, and no terms or conditions in any way modifying the provisions herein shall be binding on the Auctioneer.


More Definitions of Absentee Bidder

Absentee Bidder means a person or entity (who may or may not be in attendance at the Auction Site), who has submitted an Absentee Bid.
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Absentee Bidder means a Bidder that submits an Absentee Bid, whether or not physically present at the Auction. “Absolute Auction” or “Absolute” applies only if and when expressly indicated and means that property is sold to the highest
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Absentee Bidder means a person or entity that submits an Absentee Bid.
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Absentee Bidder. A person who may not attend the sale but submits, in advance, a written or oral bid that is the top price he/she will pay for a given property. “Absentee Bid/Proxy Bid” A bid on an item that a bidder leaves without being physically present. VendueHost will allow bidders to leave a bid on any item listed online by an auto bidding function. All bids are kept confidential from the auctioneer and other bidders. At the time of the online auction, the bidding system will attempt to execute Your bid at the lowest cost possible.
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Related to Absentee Bidder

  • Eligible Bidder(s) means Bidder(s) who are eligible in terms of this E-Auction Process Memorandum, provisions of IBC and provisions of the Liquidation Process Regulations;

  • The Bidder means the individual or firm who participates in this tender and submits its bid.

  • Non-responsive Bid means a bid, which is not submitted as per the instructions to the bidders or Earnest Money Deposit has not been attached, or the required data has not been provided with the Bid or intentional errors have been committed in the Bid.

  • Responsive Bid means a Bid that complies with each of the provisions of this RFB, or is either an alternative bid or a bid with an exception, if accepted by the Agency.

  • Acceptable bid means any bid which, in all respects, complies with the conditions of bid and specifications as set out in the bid documents.

  • Bidder means the legal entity which submits a Bid for consideration by City in accordance with the Invitation For Bid.

  • Qualified Bidder(s means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.

  • Competitive bidding means a transparent process for procurement of equipment, services and works in which bids are invited by the project developer by open advertisement covering the scope and specifications of the equipment, services and works required for the project, and the terms and conditions of the proposed contract as well as the criteria by which bids shall be evaluated, and shall include domestic competitive bidding and international competitive bidding;