Absolute Auction Sample Clauses

Absolute Auction. The property is being sold to the highest bidder regardless of price.
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Absolute Auction. The Sealed Bid Auction is an Absolute Auction with no minimum bid or reserve price. The property shall be sold the winning bidder, regardless of the high bid price received.
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Absolute Auction. The property will be sold to the highest bidder upon completion of the auction, regardless of price. There is no minimum bid or reserve price on the property.
Sample 1
Absolute Auction. The Online Auction is an Absolute Auction with no minimum bid or reserve price. The property shall be sold the winning bidder, regardless of the high bid price received.
Sample 1
Absolute Auction. AUCTION COMPANY shall solicit bids for the Consigned Property (“Auction”). Furthermore, the Consigned Property (except appliances) will be sold only at an Auction to the highest bidder regardless of the amount of the final bid, with no limiting conditions, restrictions, or reservations (“Absolute Auction”). However, CRS may reserve the right assign ‘Starting Bids’ to appliances.
Sample 1
Absolute Auction. The undersigned agrees to pay a commission for the sale of the consigned chattel which will equal the following percentage of the gross sale price: 15 % for $0-$500; 10% for $501-$2500; 6% for $2501 and higher. The commission will be payable, without interest, within fifteen (15) days of the auction. The property must be unloaded one week prior to auction, and loaded within one week following the auction.
Sample 1

Related to Absolute Auction

  • The Auction Agent may perform its duties and exercise its rights hereunder either directly or by or through agents or attorneys.

  • BEFORE AUCTION 4.1 All intended bidder can access to the ESZAM AUCTIONEER SDN BHD website to download the Proclamation of Sale (POS) & Conditions of Sale (COS). By proceeding with E-bidding with ESZAM AUCTIONEER SDN BHD, the E-bidders’ have agreed and accepted the ESZAM AUCTIONEER SDN BHD terms and conditions. Any bid by registered E-bidder shall not be withdrawn once entered.

  • Absolute Right Note: NO

  • AFTER AUCTION 6.1 Any successful E-bidders shall and undertake to sign the contract of sale and pay the additional 10% for the difference of the purchase price within two (2) working days to ESZAM AUCTIONEER SDN BHD bank account or prepare a bank draft. In the event that the successful E-bidder fail to pay additional deposit, the Bank will forfeit the deposit and the sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-bidders.

  • The Auction Agent 17 6.1 Duties and Responsibilities..................................................17 6.2 Rights of the Auction Agent..................................................18 6.3 Auction Agent's Disclaimer...................................................18 6.4 Compensation, Expenses and Indemnification...................................18

  • ON THE AUCTION DAY 5.1 E-bidders MUST use browser either Google Chrome, Mozilla Fire Fox, Safari, Internet Explore or Microsoft Edge. E-bidders are responsible for ensuring that internet access and connectivity is running smoothly throughout the whole bidding process. The Bank and Auctioneer will not be held responsible or liable for any interruptions, delays, failures, errors, omissions or loss of information etc.

  • Notice of Auction Results (a) On each Auction Date, the Auction Agent shall notify BD by telephone as set forth in paragraph (a) of the Settlement Procedures. On the Business Day next succeeding such Auction Date, the Auction Agent shall notify BD in writing of the disposition of all Orders submitted by BD in the Auction held on such Auction Date.

  • Rights of the Auction Agent (a) The Auction Agent may conclusively rely upon, and shall be fully protected in acting or refraining from acting upon, any communication authorized hereby and any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed by it to be genuine. The Auction Agent shall not be liable for acting or refraining from acting upon any telephone communication authorized hereby which the Auction Agent reasonably believes in good faith to have been given by the Fund or by a Broker-Dealer. The Auction Agent may record telephone communications with the Fund or with the Broker-Dealers or with both.

  • RESERVE PRICE AND BIDDING AT AUCTION CONDITIONS OF SALE

  • Preparation for Each Auction (a) Not later than 9:30 A.M. on each Auction Date for the AMPS, the Auction Agent shall advise BD by telephone of the Reference Rate and the Maximum Applicable Rate in effect on such Auction Date.

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