Common use of Strata Title Clause in Contracts

Strata Title. Strata Title to the property has been issued. The property will be sold on an “as is where is” basis, subject to a reserve price of RM23,800.00 (RINGGIT MALAYSIA TWENTY THREE THOUSAND AND EIGHT HUNDRED ONLY), subject to the Conditions of Sale and by way of an assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder (“the Purchaser”) from the developer/proprietor and relevant authorities, if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the relevant authority. All intending bidders are required to deposit a sum equivalent to 10% of the fixed reserve price by bank draft or cashier’s order in favour of Malayan Banking Berhad or remit the same through online banking transfer, one (1) working day before auction date with the undermentioned Auctioneer. Bidders please refer to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ on the manner of payment of the deposit. • 50% of the reserve price for Commercial property • 100% of the reserve price for Residential property Settlement of the balance purchase price: The balance of the purchase price is to be settled within ninety (90) days from the date of auction sale by Bank Draft or Cashier’s Order drawn in favour of Malayan Banking Berhad or by way of ▇▇▇▇▇▇ directly into the account of Malayan Banking Berhad. For further particulars, please apply to Messrs. ▇▇ ▇▇▇ & ▇▇▇▇▇▇, Solicitors for the Assignee whose address for service at ▇▇▇▇▇ ▇.▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇. (Ref.: MBS/37-14), Tel.: ▇▇-▇▇▇▇ ▇▇▇▇, Fax: ▇▇-▇▇▇▇ ▇▇▇▇) or the undermentioned Auctioneer Suite C-20-3A, Level 20, Block C, Megan Avenue II, / ▇▇▇▇▇ ▇▇▇▇▇ BIN ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇, 50450 Kuala Lumpur (Licensed Auctioneers) Tel No.: ▇▇-▇▇▇▇ ▇▇▇▇ Fax No.: ▇▇-▇▇▇▇ ▇▇▇▇ Our Ref: UMI/MBB1404/TKON Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, E-mail: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Dalam menjalankan Kuasa ▇▇▇ ▇▇▇ ▇▇▇▇ telah diberikan kepada Pihak Pemegang Serahhak/Pihak Bank di bawah Perjanjian Pinjaman Serta Penyerahan Hak (Pihak Pertama) ▇▇▇ Surat Kuasa Wakil kedua-duanya bertarikh 15hb September, 1997 di antara Pihak Pemegang Serahhak/Pihak Bank ▇▇▇ Pihak Penyerahhak/Pihak Peminjam, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Pihak Bank dengan dibantu oleh Pelelong yang tersebut di bawah:-

Appears in 1 contract

Sources: Loan Agreement

Strata Title. Strata Title to the property has not been issuedissued yet. The property will be sold on an “as is where is” basis, subject to a reserve price of RM23,800.00 RM328,000.00 (RINGGIT MALAYSIA THREE HUNDRED TWENTY THREE EIGHT THOUSAND AND EIGHT HUNDRED ONLY), subject to the Conditions of Sale and by way of an assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder (“the Purchaser”) from the developer/proprietor and relevant authorities, if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the relevant authority. All intending bidders are required to deposit a sum equivalent to 10% of the fixed reserve price by bank draft or cashier’s order in favour of Malayan Banking Berhad or remit the same through online banking transfer, one (1) working day before auction date with the undermentioned Auctioneer. Bidders please refer to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ on the manner of payment of the deposit. • 50% of the reserve price for Commercial property • 100% of the reserve price for Residential property Settlement of the balance purchase price: The balance of the purchase price is to be settled within ninety (90) days from the date of auction sale by Bank Draft or Cashier’s Order drawn in favour of Malayan Banking Berhad or by way of ▇▇▇▇▇▇ directly into the account of Malayan Banking Berhad. For further particulars, please apply to Messrs. ▇▇▇▇▇▇ & ▇▇▇▇▇▇ & Co., Solicitors for the Assignee whose address for service at ▇▇▇▇▇ ▇.▇▇Advocates & Solicitors, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇. ▇▇▇, ▇▇▇▇ ▇ ½ , ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇. (Ref.: MBS/37-14LT/MBB-74066/OHC/MT/HL/2023/NA/GM), Tel.: ▇▇-▇▇▇▇ ▇▇▇▇ Ext 126, Fax: ▇▇-▇▇▇▇ ▇▇▇▇) or the undermentioned Auctioneer Auctioneer. Suite C-20-3A, Level 20, Block C, Megan Avenue II, / ▇▇▇▇▇ ▇▇▇▇▇ BIN ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇, 50450 Kuala Lumpur (Licensed Auctioneers) Tel No.: ▇▇-▇▇▇▇ ▇▇▇▇ Fax No.: ▇▇-▇▇▇▇ ▇▇▇▇ Our Ref: UMI/MBB1404MBB1416/TKON OHC Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, E-mail: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Dalam menjalankan Kuasa ▇▇▇ ▇▇▇ ▇▇▇▇ telah diberikan kepada Pihak Pemegang Serahhak/Pihak Bank di bawah Perjanjian Pinjaman Serta Kemudahan, Suratikatan Penyerahan Hak (Pihak Pertama) ▇▇▇ ▇▇▇ Surat Kuasa Wakil kedua-duanya kesemuanya bertarikh 15hb September17hb Januari, 1997 2019 di antara Pihak Pemegang Serahhak/Pihak Bank ▇▇▇ Pihak Penyerahhak/Pihak Peminjam, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Pihak Bank dengan dibantu oleh Pelelong yang tersebut di bawah:-

Appears in 1 contract

Sources: Facilities Agreement

Strata Title. Strata Title to the property has not been issued. The property will be sold on an “as is where is” basis, subject to a reserve price of RM23,800.00 RM247,000.00 (RINGGIT MALAYSIA TWENTY THREE TWO HUNDRED FORTY SEVEN THOUSAND AND EIGHT HUNDRED ONLY), subject to the Conditions of Sale and by way of an assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder (“the Purchaser”) from the developer/proprietor and relevant authorities, if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the relevant authority. All intending bidders are required to deposit a sum equivalent to 10% of the fixed reserve price by bank draft or cashier’s order in favour of Malayan Banking Berhad or remit the same through online banking transfer, one (1) working day before auction date with the undermentioned Auctioneer. Bidders please refer to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ on the manner of payment of the deposit. • 50% of the reserve price for Commercial property • 100% of the reserve price for Residential property Settlement of the balance purchase price: The balance of the purchase price is to be settled within ninety (90) days from the date of auction sale by Bank Draft or Cashier’s Order drawn in favour of Malayan Banking Berhad or by way of ▇▇▇▇▇▇ directly into the account of Malayan Banking Berhad. For further particulars, please apply to Messrs. ▇▇ ▇▇▇ & ▇▇▇▇▇, ▇▇▇▇ & Co., Solicitors for the Assignee whose address for service at No. -▇▇▇ ▇.▇-▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇ No 189, Jalan Tun Razak, Kuala Lumpur, 50400, Kuala Lumpur, WP Kuala Lumpur. (Ref.: MBS/37-14)HC/MBB/AQM/HL/87728/24, Tel.: ▇▇-▇▇▇▇ ▇▇▇▇, Fax: ▇▇-▇▇▇▇ ▇▇▇▇) or the undermentioned Auctioneer under mentioned Auctioneer:- Suite C-20-3A, Level 20, Block C, Megan Avenue II, / ▇▇▇▇▇ ▇▇▇▇▇ BIN ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇, 50450 Kuala Lumpur (Licensed Auctioneers) Tel No.: ▇▇-▇▇▇▇ ▇▇▇▇ Fax No.: ▇▇-▇▇▇▇ ▇▇▇▇ Our Ref: UMIAZWA/MBB1404MBB1417/TKON HCC(2) Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, E-mail: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Dalam menjalankan Kuasa ▇▇▇ ▇▇▇ ▇▇▇▇ telah diberikan kepada Pihak Pemegang Serahhak/Pihak Bank di bawah Perjanjian Pinjaman Serta Kemudahan, Suratikatan Penyerahan Hak (Pihak Pertama) ▇▇▇ ▇▇▇ Surat Kuasa Wakil kedua-duanya kesemuanya bertarikh 15hb September21hb Mei, 1997 2015 di antara Pihak Pemegang Serahhak/Pihak Bank ▇▇▇ Pihak Penyerahhak/Pihak Peminjam, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Pihak Bank dengan dibantu oleh Pelelong yang tersebut di bawah:-

Appears in 1 contract

Sources: Facilities Agreement

Strata Title. Strata Title title has been issued to the property has been issuedproperty. (Based on letter from Developer on 7th of November 2022, the Developer do not agreed to direct transfer to the successful bidder.) The property will be sold on an “as is where is” basis, subject to a reserve price of RM23,800.00 RM 60,000.00 (RINGGIT MALAYSIA TWENTY THREE SIXTY THOUSAND AND EIGHT HUNDRED ONLY)) only, subject to the Conditions of Sale and by way of an assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder (“the Purchaser”) from the developerDeveloper/proprietor Proprietor and relevant authorities, if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the relevant authority. Online bidders are further subject to the Online Bidder Registration’s Term & Conditions attached herewith and Online Bidding Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇. All intending bidders are required to deposit a sum equivalent to 10% of the fixed reserve price by bank draft or cashier’s order in favour of Malayan Banking Berhad or remit the same through online banking transfer, one (1) working day before auction date with the undermentioned Auctioneer. Bidders please refer to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Refer ONLINE BIDDER REGISTRATION’S TERMS AND CONDITIONS clause 3.4 on the manner of payment of the deposit. • 50% of the reserve price for Commercial property • 100% of the reserve price for Residential property Settlement of the balance purchase price: The balance of the purchase price is to be settled within ninety (90) days from the date of auction sale by Bank Draft or Cashier’s Order drawn in favour of Malayan Banking Berhad or by way of ▇▇▇▇▇▇ directly into the account of Malayan Banking Berhad. For further particulars, please apply to Messrs. contact ▇ ▇▇▇ & ▇▇▇▇▇▇, Solicitors for the Assignee whose address for service at ▇▇▇▇▇ ▇.▇▇, ▇▇▇ ▇▇▇▇▇ & Co. Solicitors for the Assignee/Bank herein whose address is at ▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇. Tel No: ▇▇-▇▇▇ ▇▇▇ Fax No: ▇▇-▇▇▇ ▇▇▇▇ (Ref: MAC/SP/LIT/MBB/035-07/2015/RMA or the undermentioned Auctioneer. Penang Office (Main): ▇▇. ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇. (RefKL Office: 1-▇▇ & ▇-▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Tel No.: MBS/37(PG): ▇▇-14)▇▇▇ ▇▇▇▇, Tel.: (KL) ▇▇-▇▇▇▇ ▇▇▇▇, FaxH/P: ▇▇-▇▇▇▇ ▇▇▇▇) or the undermentioned Auctioneer Suite C-20-3A, Level 20, Block C, Megan Avenue II, / ▇▇▇▇▇ ▇▇▇▇▇ BIN ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ / ▇▇▇-, 50450 Kuala Lumpur (Licensed Auctioneers) Tel ▇▇ ▇▇▇▇ Fax No.: (PG): ▇▇-▇▇▇ ▇▇▇▇ / (KL): ▇▇-▇▇▇▇ ▇▇▇▇ Fax No.Email: ▇▇-▇▇▇▇ ▇▇▇▇ Our Ref: UMI/MBB1404/TKON Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇.▇▇▇, E-mail: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇Ref No.: MNP/MBB/PG/MAY23/4 Licensed Auctioneers Dalam menjalankan Kuasa ▇▇▇ ▇▇▇ ▇▇▇▇ telah diberikan kepada Pihak Pemegang Serahhak/Pihak Bank di bawah Perjanjian Pinjaman Serta Jual Beli Bertarikh 21hb April, 2004, Perjanjian Kemudahan, Suratikatan Penyerahan Hak (Pihak Pertama) ▇▇▇ ▇▇▇ Surat Kuasa Wakil kedua-duanya bertarikh 15hb September12hb Ogos, 1997 2004 di antara Pihak Pemegang Serahhak/Pihak Bank ▇▇▇ Pihak Penyerahhak/Pihak Peminjam, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Pihak Bank dengan dibantu oleh Pelelong yang tersebut di bawah:-

Appears in 1 contract

Sources: Sale and Purchase Agreement