The Auction definition

The Auction. Agent shall follow the notification procedures set forth in paragraph (a) of the Settlement Procedures.
The Auction means the auction sale in respect of which a Lot is consigned for sale
The Auction means a manner of conclusion of the Loan Agreement between the Users, where the Loan Agreement is concluded between the Borrower, which submitted the Application (confirmed by the Operator) and initiated a specific auction, and the Lender/s, who/which provided the fastest Offer/s according to the terms and conditions of the Auction.

Examples of The Auction in a sentence

  • If Bidder wins the Auction and does not sign a Purchase Contract with Seller, the Deposit shall be forfeited by Bidder as liquidated damages.

  • Bidder’s failure to sign a Purchase Contract after entering a winning bid at the Auction shall be a default under this Agreement and Bidder waives any claim to the Deposit as a result of such Default.

  • In the event that Bidder does not win the Auction, Auctioneer shall refund the Deposit to Bidder within two (2) business days following the date of the Auction.

  • In such event Auctioneer is authorized to transfer such funds to Seller, less any expenses and fees incurred due to Auctioneer pursuant to the Auction, including but not limited to those incurred under any listing agreement, auction employment agreement, engagement letter, or other document evidencing the Seller having contracted the Auctioneer’s services.

  • In addition to the Return Bid, each Lender wishing to participate in such Auction must execute and deliver, to be held in escrow by the Auction Agent, an assignment and acceptance agreement in a form reasonably acceptable to the Auction Agent.


More Definitions of The Auction

The Auction. All auctions are open to registered bidders only. You must register to bid or otherwise participate. Bidding: Property is auctioned in consecutive numerical order, as it appears in the catalog. The auctioneer will accept bids from those present in the salesroom or absentee bidders participating by telephone, internet or by written bid left with Profiles in History in advance of the auction. The auctioneer may also execute bids on behalf of the consignor to protect the reserve, either by entering bids in response to salesroom, telephone or absentee bids. Under no circumstances will the auctioneer place any bid on behalf of the consignor at or above the reserve. The auctioneer will not specifically identify bids placed on behalf of the consignor to protect the reserve. Bidding Increments: See registration page.
The Auction means the auction to be held on Wednesday the 11th
The Auction means the public sale during which the Property was sold to the highest qualified bidder bidding higher than the reserve price (if any), resulting in this Offer to Purchase being signed by the Offeror;
The Auction means the process which describes each price discovery for the LPP Prices; "the Board" means the board of directors of the LME from time to time;
The Auction means the auction to be held on Wednesday 20th September 2017 at 3.00pm at the The Jolly Farmer,
The Auction means the auction to be held on Wednesday the 29th March 2023
The Auction and "Federal Income Tax Matters," in Item 29 of Part C of the Registration Statement, and the section of the Statement of Additional Information entitled "Federal Income Tax Matters," insofar as such statements constitute matters of law or legal conclusions or are descriptions of the rights set forth in the Declaration of Trust, the By-laws or the Statement, are correct in all material respects.