Reserve Price definition
Examples of Reserve Price in a sentence
Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of AmBank (M) ▇▇▇▇▇▇ for the a/c of (▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Bin ▇▇▇▇▇▇), a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher.
Reserve Price: RM900,000.00 Note: Prior to the auction sale, all intending bidders are advised to:- (i) inspect the property; (ii) conduct land searches (official as well as private); (iii) make a relevant enquiry with the developer, landowner and/or appropriate authorities; and (iv) obtain from the Auctioneer a copy of the Conditions of Sale.
For further particulars, please apply to Messrs ▇▇▇▇▇▇▇ ▇▇▇ & ▇▇▇▇, Reserve Price Tel No.: ▇▇-▇▇▇▇ ▇▇▇▇, Fax No.: ▇▇-▇▇▇▇ ▇▇▇▇) CIMB Bank Berhad.
Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of AmBank (M) Berhad for the a/c of (▇▇▇ ▇▇▇ ▇▇▇), a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher.