Common use of BIDDING DEPOSIT Clause in Contracts

BIDDING DEPOSIT. 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 (Mega Strands Sdn Bhd), a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher. For online bidders please refer to the terms and conditions at xxx.xxxxxxxxxxxxxxx.xxx for the manner of payment of the deposit.

BIDDING DEPOSIT. 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 (Mega Strands Sdn BhdMazniyatun Xxxxx Xxxxxx & Xxx Xxxxxx Xxx Xxx Xxxxxx), a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher. For online bidders please refer to the terms and conditions at xxx.xxxxxxxxxxxxxxx.xxx for the manner of payment of the deposit.

BIDDING DEPOSIT. 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 (Mega Strands Sdn BhdArnakusah Binti Zaqaria), a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher. For online bidders please refer to the terms and conditions at xxx.xxxxxxxxxxxxxxx.xxx for the manner of payment of the deposit.