Auction Rules Sample Clauses
The Auction Rules clause sets out the procedures and requirements governing the conduct of an auction. It typically details how bids are to be submitted, the criteria for winning, the timeline for bidding, and any restrictions or qualifications for participants. For example, it may specify minimum bid increments, acceptable payment methods, or the process for resolving disputes. The core function of this clause is to ensure a fair, transparent, and orderly auction process, minimizing misunderstandings and disputes among participants.
Auction Rules. These Auction Rules valid for the access to Slovenia-Croatia Intercon- nection.
Auction Rules. The All-New Electric SUV XUV400 Limited Edition (#OneOfOne) Auction
Auction Rules. [LOGO] -------------------------------------------------------------------------------- ▇▇▇▇▇-SM---AUCTION RULES FOR REGISTERED OFFERINGS
Auction Rules. The Registered Seller has made Auction Rules regarding the conduct of Online Auctions and the Service and You agree to comply with such Auction Rules. The Registered Seller may make, amend, alter and replace such rules in accordance with the Port Loading Protocols.
Auction Rules i. The e-auction proceedings for each PVP will last 15 calendar days (may vary).
ii. Bidders can increase their bids by multiples of PKR 1000.
iii. If the highest bid is made in the last 15 minutes, an additional 2 minutes will be granted. This process continues until no new bids are made.
iv. The new participant cannot participate in the last 15mins of the contesting vanity. Or cannot create a new application in the last 15mins to contest in the bid.
v. Failure to pay the remaining amount within 72 hours of winning the auction will result in forfeiture of the reserve price and cancellation of the bid.
Auction Rules. For Full Auction rules will be distributed to eligible participants in reasonable time prior to any auction.
Auction Rules. 16.1. The Auction Rules are attached to this Agreement as Annexure “A”.
16.2. By signing this Agreement, the Buyer confirms that he/she has read and understands the Auction Rules.
16.3. The Buyer hereby accepts and undertakes to strictly adhere to the Auction Rules.
Auction Rules. All persons who bid agree to pay the full amount of their successful bid(s)
Auction Rules