Place Bid Format Sample Clauses

Place Bid Format. Seller may offer a Vehicle for sale with a Reserve Price or minimum opening bid amount (the “Minimum Bid”). The Reserve Price may be disclosed or undisclosed, at Seller’s option. The winning bid will be the highest bid received at the end of the auction for that Vehicle that meets or exceeds the Reserve Price. Seller may lower or remove a Reserve Price or Minimum Bid amount at any time before an auction cycle begins. A Reserve Price or Minimum Bid amount cannot be increased once bidding on the Vehicle has started. Errors in Reserve Price or Minimum Bid amount may be corrected by withdrawing the Vehicle from sale and relisting it in the next auction cycle.
Sample 1
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Place Bid Format. At Seller’s option, it may designate the minimum price Seller will accept for the Vehicle (the “Reserve”), and/or may designate a minimum opening bid amount (the “Minimum Bid”). Reserve may be disclosed or undisclosed, at Seller’s option. The winning bid shall be the highest bid at the time that the auction cycle for that Vehicle closes which meets or exceeds any Reserve. Seller may decrease or remove Reserve or Minimum Bids at any time before an auction cycle begins in the manner that is established in these Terms and Conditions. A Reserve or Minimum Bid cannot be increased once bidding on the Vehicle has started. Errors in Reserve or Minimum Bid may be corrected by withdrawing the Vehicle from sale and relisting. If the auction cycle closes and the Vehicle fails to sell because no bids were received (a “No Sale”), Seller may remove or alter Reserves or Minimum Bids for subsequent Sales.
Sample 1

Related to Place Bid Format

  • National Competitive Bidding Goods estimated to cost less than $250,000 equivalent per contract and works estimated to cost less than $500,000 equivalent per contract, may be procured under contracts awarded on the basis of National Competitive Bidding.

  • Registration for E - Bidders 4.1. Parties who are interested to participate in public auction as (“E-Bidders”) may do so by logging on to the Auctioneer’s website and register as a user.

  • Competitive Bidding 3.5.2.1 Bidding Documents shall consist of bidding requirements and proposed Contract Documents.

  • PRE-BID MEETING 3.1. The contracting Agency/Department will hold a pre-bid meeting at LOCATION on DAY, DATE and TIME

  • For E-bidding The auctioneer and the Bank’s solicitor shall sign all 5 copies of contract first, right after the auction. The successful E-bidder must to come to the ESZAM AUCTIONEER SDN BHD main office in Seremban to sign the Contract of Sale within two (2) working days after the auction date.

  • International Competitive Bidding Except as otherwise provided in paragraph 2 below, goods and works shall be procured under contracts awarded on the basis of International Competitive Bidding.

  • Technical Reports deliver to the Agent, and shall procure that the Manager shall deliver to the Agent, on request copies of the latest complete technical reports in respect of the Vessels.

  • File Format Standard Registry Operator (optionally through the CZDA Provider) will provide zone files using a subformat of the standard Master File format as originally defined in XXX 0000, Section 5, including all the records present in the actual zone used in the public DNS. Sub-­‐format is as follows:

  • PAYEE DATA RECORD FORM STD 204: This form must be completed by all contractors that are not another state agency or other governmental entity.

  • PRE-BID CONFERENCE A Non-Mandatory Pre-Bid Conference will be held on Monday, May 23, 2022, @ 2:00 PM, located at W220 Pre-con Conference Room, 0000 Xxxxxxxxxxxxx Xxxxx (Xxxx Xxxxxxxxx) Xxxxxxx, XX 00000. Attendance is not mandatory but is encouraged.

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