High Bid Subject to Confirmation definition

High Bid Subject to Confirmation means the high bid amount recognized by Auctioneer at the conclusion of bidding if the Property is exposed for sale Subject to Seller's Confirmation. If (i) the High Bid Subject to Confirmation is confirmed by Seller, or (ii) Seller and Buyer agree, in good faith, to some other greater amount, it will be the Hammer Price.
High Bid Subject to Confirmation means the High Bid amount recognized by Auctioneer at the conclusion of bidding on Property exposed for sale at Auction Subject to Seller’s Confirmation. If the High Bid Subject to Confirmation is confirmed by Seller, it will be the Hammer Price.
High Bid Subject to Confirmation means the High Bid amount recognized by Auctioneer at the conclusion of bidding on Property put up at Auction Subject to Seller’s Conformation. If the High Bid Subject to Conformation is confirmed by Seller, it will be the Hammer Price.

Examples of High Bid Subject to Confirmation in a sentence

  • If YOU are the Winning Bidder, or the Bidder making the High Bid Subject to Confirmation, as the case may be, YOU will be required to make a Purchase Deposit on execution of the Purchase Agreement.

  • In auctions Subject to Seller’s Confirmation, Seller will execute the Purchase Agreement if Seller accepts and confirms the High Bid Subject to Confirmation.

  • If YOU are the Winning Bidder or the Bidder making the High Bid Subject to Confirmation, YOU will execute the Purchase Agreement promptly on the close of the Auction.

  • If the sale of the Property is Subject to Seller’s Confirmation, the Buyer’s Premium will be calculated on the amount of the High Bid Subject to Confirmation or such other amount as may be agreed to between Seller and Buyer, whichever is greater.

  • If YOUR online bid is not accepted prior to or at the close of bidding, the offer will terminate seventy-two (72) hours after (i) the close of bidding or (ii) the expiration of the period for Seller to accept of reject a High Bid Subject to Confirmation, whichever is later.

  • If a Lot is offered Subject to Seller’s Confirmation, the Buyer’s Premium will be calculated on the amount of the High Bid Subject to Confirmation or such other amount as may be agreed to between Seller and Buyer, whichever is greater.

  • This means that after the High Bid Subject to Confirmation has been received and acknowledged by Auction Clerk, Seller may determine, in Seller's sole and absolute discretion, to (i) accept such bid or (ii) reject such bid.

  • A No Sale of the Real Property will only occur if Auctioneer declares a No Sale in those terms, or if the Auction concludes in its entirety without a W inning Bid or a High Bid Subject to Confirmation.

  • The Purchase Deposit (which will include any Registration Deposit made by YOU) will be: ✔The amount of Ten Thousand Dollars Dollars ($ 10,000 ); or percent ( %) of the Hammer Price or High Bid Subject to Confirmation.

  • This means that after the High Bid Subject to Confirmation has been received and acknowledged by Auctioneer on such property, Seller may determine, in Seller’s sole and absolute discretion, to (i) accept such bid or (ii) reject such bid.


More Definitions of High Bid Subject to Confirmation

High Bid Subject to Confirmation means the high bid amount recognized by Auctioneer at the conclusion of bidding on a Lot that is Subject to Seller's Confirmation. If the High Bid Subject to Confirmation is confirmed by Seller, it will be the Hammer or SOLD Price.

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