Auction Process. a. J.P. ▇▇▇▇▇▇ ▇▇▇urities Inc., in its role as advisor to the Trustee, will be allowed to bid in the auction, but will not be required to do so. b. On the Auction Date, all bids will be due by facsimile to such office as shall be designated by the Trustee by 1:00 p.m. EST; with the winning Qualified Bidders to be notified by 3:00 p.m.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Mellon Residential Funding Corp), Pooling and Servicing Agreement (Mellon Residential Funding Corp Home Eq Instal Loan Tru 99-1)