Common use of RESERVE PRICE Clause in Contracts

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 (RINGGIT MALAYSIA THREE HUNDRED AND FIFTY THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXXXX XXX XXX on the day of auction sale. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: Proclamation of Sale

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RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 RM527,000.00 (RINGGIT MALAYSIA THREE FIVE HUNDRED AND FIFTY TWENTY SEVEN THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXXXX XXX XXX GAN XXXX XXXX on the day of auction sale. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: Proclamation of Sale

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 RM257,000.00 (RINGGIT MALAYSIA THREE TWO HUNDRED AND FIFTY SEVEN THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXXXX XXX XXX JAU AI MEIN on the day of auction sale. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: Loan Agreement

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 RM315,000.00 (RINGGIT MALAYSIA THREE HUNDRED AND FIFTY FIFTEEN THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXXXX XXX XXX on the day of auction sale. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: Proclamation of Sale

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 RM383,000.00 (RINGGIT MALAYSIA THREE HUNDRED AND FIFTY EIGHTY THREE THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXXXX XX XXX XXX PENG on the day of auction sale. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: Loan Agreement

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 RM129,000.00 (RINGGIT MALAYSIA THREE ONE HUNDRED AND FIFTY TWENTY NINE THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or CashierXxxxxxx’s Order in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXXXX XXX XXX XXX on the day of auction sale. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: Loan Agreement

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 RM193,000.00 (RINGGIT MALAYSIA THREE ONE HUNDRED AND FIFTY NINETY THREE THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXXXXX XXXXX XXX XXX XXXXXX on the day of auction sale. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: Loan Agreement

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 RM285,000.00 (RINGGIT MALAYSIA THREE TWO HUNDRED AND FIFTY EIGHTY FIVE THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXXXX XXX XXX JAU AI MEIN on the day of auction sale. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: Loan Agreement

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RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 RM54,000.00 (RINGGIT MALAYSIA THREE HUNDRED AND FIFTY FOUR THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXXXX XXXXXXX XXXXXXX XXX XXX XXXXXX on the day of auction sale. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: Loan Agreement

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 RM328,050.00 (RINGGIT MALAYSIA THREE HUNDRED TWENTY EIGHT THOUSAND AND FIFTY THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank Assignee subject to the consent approval being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any Subject to the terms and conditions stated in the Conditions of Sale, any arrears of quit rent, assessments and service or assessments, service/maintenance charges and any other outgoings which may be lawfully due to any the relevant authority or the Developer authorities up to the date of auction successful sale of the subject property shall be paid out of the purchase money upon receipt of full purchase pricemoney. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne solely by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order only in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXXXX XXX XXX HSBC BANK MALAYSIA BERHAD on the day of auction sale. The sale and the balance of the purchase money shall be paid by the Purchaser within one hundred and twenty ninety (12090) days from the date of auction sale to UNITED OVERSEAS HSBC BANK (MALAYSIA) BHD via Real Time Electronics Transfer MALAYSIA BERHAD, failing which the deposit shall be forfeited by the Assignee/Bank at its absolute discretion. No extension of Funds and Securities (XXXXXX)time will be allowed. Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: auctions.com.my

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 RM316,000.00 (RINGGIT MALAYSIA THREE HUNDRED AND FIFTY SIXTEEN THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXXXX XXX XXX JAU AI MEIN on the day of auction sale. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: Loan Agreement

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM350,000.00 RM430,000.00 (RINGGIT MALAYSIA THREE FOUR HUNDRED AND FIFTY THIRTY THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of Bank Draft or Xxxxxxx’s Order in favour of UOBM for XXX XXXXX XXX XXX XXXXX on the day of auction sale. The balance of the purchase money together with Sales and Services Tax (SST) and/or taxes that replace the SST (if any) shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.

Appears in 1 contract

Samples: Loan Agreement

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