At the Auction Clause Samples
At the Auction. Original Buyer was the prevailing bidder for the Property, and pursuant to that bankruptcy order entered May 20, 2011, among other things confirming the sale of the Property (the “Sale Order”), Original Buyer’s bid for the Property was approved as the highest and best bid.
At the Auction. 5.1. Light the North, Clan Cancer Support and ANM Group reserves the right to refuse admission and/or participation at the Auction and to reject any bid. Bids may not be accepted from unregistered bidders and all Bidders must be aged 18 or over. The Buyer warrants and represents that they are: • At least 18 years old • They have registered and are the person who has registered • They have read and accepted the Terms & Conditions • They agree to commit to the bid in the event that it is accepted • They have the power to enter into a contract to purchase the Lot.
5.2. All bids must be made in Pounds Sterling. The auctioneer has the right to exercise reasonable discretion in refusing any bid, advancing the bidding in such a manner as he may decide, and in the case of error or dispute, and whether during or after the sale, determining the successful Bidder, continuing the bidding, cancelling the sale or reoffering and reselling the Lot in dispute. If any dispute arises after the sale, then, in the absence of any evidence to the contrary the sale record maintained by the auctioneer will be conclusive.
5.3. When making a bid, every Bidder acknowledges that such bid is a binding offer to buy the Lot at that price (plus the Buyer’s Expenses (if applicable) all applicable taxes and any and all shipping charges, storage and other costs). A successful Bidder will be deemed to be the Buyer unless it has been explicitly agreed in writing with Light the North before the start of the Auction that the Bidder is acting as agent on behalf of an identified third party acceptable to Light the North (and registered with Light the North or the ANM Group), and only then will Light the North regard that third party as the Buyer. In such circumstances, the Bidder acting as agent confirms that he is authorised to bind the third party and that the Buyer has been made aware of and accepts these Conditions.
5.4. Light the North and ANM Group will use reasonable efforts to execute absentee bids delivered before the Auction for ▇▇▇▇▇▇▇ unable to attend the auction in person, by an agent or online. All such bids must be made at ▇▇▇▇▇://▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇/auctions/info/id/174
5.5. If Light the North via ANM Group receives written bids on a particular Lot for identical amounts, and at the auction these are the highest bids on the Lot, it will be sold to the person whose written bid was received and accepted first.
5.6. Online bidding at Light The North is made available via thi...
