Reserve auction definition

Reserve auction means an auction in which the seller or an agent of the seller reserves the right to establish a stated minimum bid, the right to reject or accept any or all bids, or the right to withdraw the real or personal property at any time prior to the completion of the auction by the auctioneer.

Reserve auction means the auctioneer reserves the right to reject any and all bids.

Reserve auction means an auction in which the seller, or an agent for the seller, reserves the right to establish a stated minimum bid, the right to reject or accept any or all bids, or the right to withdraw the real or personal property, at any time prior to the completion of the auction, by the auctioneer.

Examples of Reserve auction in a sentence

• In a Reserve auction, if the High Bid is equal to or greater than the Reserve, then the Property will be sold to such Bidder and Seller shall immediately execute the Purchase and Sale Contract.

• Reserve auction prevents the seller from selling the item for less than a certain price.

• This allows to bid on the Minute Reserve market as Secondary Control Reserve auction results will be available by 09:00 hours and the Minute Reserve auctions close at 10:00 hours.

• Reserve auction recorded an active sale to provide efficient supply to textile mills and to maintain a stable domestic cotton price.

• Overview of the Different eBay Auction Types).Sellers may also be given the possibility to combine Fixed Price with other auction formats, such as Fixed Price and Reserve auction (Fixed Price Reserve auction), or Fixed Price and English auction (Fixed Price English auction).

More Definitions of Reserve auction

Reserve auction means an auction in which the seller 45

Reserve auction means an auction in which the seller 56

Reserve auction means an auction in which the seller retains the right to establish a minimum price, to

Reserve auction of real and personal property means an auction in which the seller retains the right to

Reserve auction means an auction in which the seller 53

Reserve auction means an Auction where the Goods are subjected to a minimum reserve price and will be sold to the highest bid.

Reserve auction means an auction in which the seller 59