PROCLAMATION OF SALE, CONDITIONS OF SALE AND MEMORANDUM OF SALE Clause Examples

The 'Proclamation of Sale, Conditions of Sale and Memorandum of Sale' clause defines the procedures and documentation governing the sale of property, typically in the context of a foreclosure or auction. It outlines how the sale will be publicly announced (proclamation), the terms and requirements that bidders must adhere to (conditions), and the formal record of the transaction once a sale is completed (memorandum). This clause ensures that all parties are aware of the sale process, the rules they must follow, and the official recording of the sale, thereby promoting transparency and legal certainty in property transactions.
PROCLAMATION OF SALE, CONDITIONS OF SALE AND MEMORANDUM OF SALE. All contents in the Proclamation of Sale and this Conditions of Sale are to be read together and shall be part of the Memorandum of Sale.
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PROCLAMATION OF SALE, CONDITIONS OF SALE AND MEMORANDUM OF SALE. All contents in the Proclamation of Sale and this Conditions of Sale are to be read together and shall be part of the Memorandum of Sale. For online bidders, the Terms & Conditions stated in xxx.xxxxxxxxxxxxxxxx.xxx may shall also apply MEMORANDUM:- At the sale by Public Auction this 12th day of September, 2024 of the Property comprised in the foregoing particulars that is to say the rights, title, interest and benefits to the said Property pursuant to the Sale and Purchase Agreement dated the 03rd day of November, 2003 and made between DIAMOND CREST SDN BHD (The Vendor) and XXXX XXXX A/P VELOO (The Purchaser) absolutely assigned to the Assignee/Bank pursuant to and under the Composite Loan Agreement and Assignment and Power of Attorney both dated 02nd Day Of June, 2004 entered into between AmBank (M) Berhad [196901000166 (8515-D)] and the Assignor/Borrower in relation to the Subject Property identified as Developer’s Parcel No. C-05-01, Storey No. 05, Building No. C, Pangsapuri Widuri and bearing postal address Xxxx Xx. 0-00, Xxxxx X, Xxxxxx Xxxxxx 0, Xxxxxxxxxx Xxxxxx, 00000 Xxxxxxxxxxx, Xxxxx Xxxxxx, developed by DIAMOND CREST SDN BHD and the highest bidder for the said Property shall be declared as the Purchaser of the said Property for the sum of RM and a sum of RM has been paid to the Assignee/Bank by way of deposit and agrees to pay the balance of the Purchase Money and complete and purchase according to the conditions and the said Auctioneer hereby confirms the said purchase and the Assignee/Bank acknowledge the receipt of the said deposit.
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PROCLAMATION OF SALE, CONDITIONS OF SALE AND MEMORANDUM OF SALE. All contents in the Proclamation of Sale and this Conditions of Sale are to be read together and shall be part of the Memorandum of Sale. For online bidders, the Terms & Conditions stated in xxxxx://xxxxxxxxxxxxx.xxx.xx shall also apply. By registering to participate in bidding or purchasing in any auction sale via xxxxx://xxxxxxxxxxxxx.xxx.xx (the “Website”)(“PMSB System”), you are making representations to Praise Million Sdn. Bhd. (“PMSB”) that you agree and accept to be bound by the terms & conditions as set forth hereunder in full. These terms and conditions are supplemental to the Conditions of Sale attached to the Proclamation of Sale (“POS”) (collectively, the “Bidding Terms”). The POS is available to be downloaded by the Bidders from the Property’s details page (“Details Page”) of the Properties listed for auction. Additional information may also be set out in a notice displayed at the Event venue and on the Website, and it is your sole responsibility to keep yourself informed and updated with any notices that may be issued by PMSB from time to time. In the event of any inconsistency between the online bidding terms and conditions as set out herein and the POS, the POS shall prevail. In addition, the use of the Service shall be at all times subject to the Website Terms of Use and the Privacy Policy.
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PROCLAMATION OF SALE, CONDITIONS OF SALE AND MEMORANDUM OF SALE. All contents in the Proclamation of Sale and these Conditions of Sale are to be read together and shall be part of the Memorandum. At the sale by Public Auction this 22nd day of March 2023, of the subject property comprised in the foregoing particulars that is to say the rights, title, interest and benefits in relation to the subject property bearing postal address at Xx. 000-00-00, By The Sea, Xxxxx Xxxx Xxxxxxxxx, 00000, Xxxx Xxxxxxxxx, Xxxxx Xxxxxx. developed by Crescent Consortium Sdn Bhd the highest bidder(s) stated below has/have been declared as the Purchaser(s) of the said subject property for the sum of RM[ ]. A sum of RM[ ] has been paid to the Assignee by way of deposit and the Purchaser(s) agree(s) to pay the balance of the purchase price of RM[ The Terms and Conditions specified herein shall govern all users of xxxxx://xxxxxxxxx.xxxxxx.xx/. (“PgActfast website”)
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PROCLAMATION OF SALE, CONDITIONS OF SALE AND MEMORANDUM OF SALE. All contents in the Proclamation of Sale and this Conditions of Sale are to be read together and shall be part of the Memoran dum of Sale.
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PROCLAMATION OF SALE, CONDITIONS OF SALE AND MEMORANDUM OF SALE xxxxxxxxxxxxxxxx.xxx
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Related to PROCLAMATION OF SALE, CONDITIONS OF SALE AND MEMORANDUM OF SALE

  • Terms of Sale The Purchase Price for all Partnership Interests purchased pursuant to Section 8.5 or Section 8.6 shall be paid at the Closing in immediately available United States funds; provided, however: (a) If the purchaser is the Partnership, the Partnership, at its election and after consultation with counsel, may pay its portion of the Purchase Price in Class A Shares (if any), immediately available United States funds, or any combination of such consideration as follows: (i) to the extent that the Partnership elects to pay the Purchase Price in Class A Shares, the Partnership shall deliver to the Selling Partner or Former Partner such number of Class A Shares as shall be equal to the quotient of (A) the portion of the Purchase Price payable in Class A Shares, divided by (B) the Applicable Class A Closing Price Average; provided, however, that if the Partnership owns Class A Shares of more than one Company, the Partnership must deliver Class A Shares of each such Company in the same proportion as the Partnership’s ownership of Class A Shares of such Companies prior to such purchase; and (ii) immediately available United States funds equal to that portion of the Purchase Price not paid by delivery of Class A Shares. (b) If the purchaser is a Partner, such Partner, at its election, may pay its portion of the Purchase Price in Class A Shares (if any), immediately available United States funds, or any combination of such consideration as follows: (i) to the extent that the Partner elects to pay the Purchase Price in Class A Shares of a Company, such Partner shall deliver to the Selling Partner or Former Partner such number of Class A Shares of that Company as shall be equal to the quotient of (A) the portion of the Purchase Price payable in Class A Shares of that Company, divided by (B) the Applicable Class A Closing Price Average (and the Partner may pay with Class A Shares of more than one Company in which event this calculation shall be made with respect to the Class A Shares of each Company whose Class A Shares are being used for payment); and (ii) immediately available United States funds equal to that portion of the Purchase Price not paid by delivery of Class A Shares.