Auction Seller definition

Auction Seller means any third-party selling vehicles through a vehicle auction house in the business of facilitating the buying and selling of vehicles.

Examples of Auction Seller in a sentence

  • After the reserve price for the Vehicle has been mutually agreed upon by Seller and Zephyrhills Classic Car Auction, Seller may not increase the set reserve.

  • The bank will not lend us money to buy shares that will accrue no extra income than what we are currently earning.Not only do we have to buy back our catch history, the DPI cannot answer our questions as to whether the shares are there, or how much they are going to cost.

  • The temporary fence must comprise removable wire or shade cloth (or other see-through material) and must provide only one vehicle access to the lot from the road or right-of-way.

  • This means that after the highest bid is determined at the Auction, Seller may decide to (i) accept such bid or (ii) reject such bid.

  • If successful bidder(s) fail to make payment within 50 days from the date of Auction, Seller may ask for the return of Item(s) but Est-Ouest is not responsible for any financial loss Seller might have incurred by the delay of payment.

  • In allowing Buyer to register, bid and otherwise participate in the Auction, Seller is acting in reliance upon Buyer's commitment to purchase those real properties which Buyer bids upon.

  • If in a subsequent period, the amount of an impairment loss decreases and the decrease can be linked objectively to an event occurring after the write-down, the write-down or allowance is reversed through the consolidated statement of comprehensive income.An impairment loss is reversed only to the extent that the asset’s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortisation, if no impairment losses had been recognised.

  • If Item(s) remains uncollected over 300 days after the date of Auction, Seller is deemed to not have the will to collect Item(s), and Seller agrees that Est-Ouest sell the uncollected Item(s) in auction or any other ways at its own discretion without obtaining Seller’s consent.

  • Thereafter, no later than 30 calendar days after the Auction, Seller shall be issued a check from the account (a “Settlement Check”), in the amount of the net auction sale proceeds (after Auctioneer has been paid from the account its reimbursable expenses pursuant to Section 6 and amounts allocable to Commission and Buyer’s Premium), subject to open items or uncollected accounts, if any.

  • From the Agreement Date (and any prior time) until the day of the Auction, Seller shall be permitted to, and to cause its Representatives to, initiate contact with, solicit or encourage submission of any inquiries, proposals or offers that may lead to an Approved Alternative Transaction.

Related to Auction Seller

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Purchaser means the organization purchasing the goods.

  • Seller has the meaning set forth in the Preamble.

  • Originator means the sender of the first payment order in a funds transfer.