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.
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
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.

Examples of Absentee Bidder in a sentence

  • Neither Auctioneer not Seller will have any liability to an Absentee Bidder for the failure to execute an Absentee Bid.

  • Each Absentee Bidder acknowledges and agrees that Property may be sold to another Bidder for the maximum amount of the Absentee Bid based on a bidding sequence that causes another Bidder to reach the such amount first.

  • 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.

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

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

  • 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.

  • 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.

  • 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.


More Definitions of Absentee Bidder

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.
Absentee Bidder means a Bidder that submits an Absentee Bid, whether or not physically present at the Auction.
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
Absentee Bidder means a person or entity that submits an Absentee Bid.

Related to Absentee Bidder

  • Prospective bidder means anyone likely or desirous to be a bidder.

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

  • Responsive bidder means a person who has submitted a bid that conforms in all material respects