Common use of VERIFICATION OF THE REGISTRATION OF ONLINE BIDDERS Clause in Contracts

VERIFICATION OF THE REGISTRATION OF ONLINE BIDDERS. 6.1. Registration of Online Bidders shall be subject to verification and approval by the Auctioneer and subject further to the 10% deposit payment being verified by the Auctioneer. Approval from the Auctioneer may take at least one (1) working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the Auctioneer. The Auctioneer, xxx.xxxx0xxx.xxx, its agents and/or representatives shall not be held liable in the event the registration of the Online Bidders is rejected and/or delayed for any reason whatsoever. In the event the registration is rejected, the 10% deposit deposited shall be returned by the Auctioneer to the Online Bidders within two (2) working days via Pos Laju or by hand.

Appears in 9 contracts

Samples: Housing Loan Agreement, Housing Loan Agreement, Proclamation of Sale

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VERIFICATION OF THE REGISTRATION OF ONLINE BIDDERS. 6.1. Registration of Online Bidders shall be subject subjected to verification and approval by the Leong Auctioneer and subject further to the 10% deposit payment being verified cleared by the AuctioneerBank. Approval from the Xxxxx Auctioneer may take at least one (1) working day and any improper, incomplete registration or late registration may be rejected at the sole discretion of the Auctioneer. The Xxxxx Auctioneer, xxx.xxxx0xxx.xxxthe Auctioneer, LA website, its agents and/or representatives shall not be held liable in the event the registration of the Online Bidders is rejected and/or delayed for any reason whatsoever. In the event the registration is rejected, the 10% deposit deposited paid (if cleared by the Bank) shall be returned refunded by the Xxxxx Auctioneer to the Online Bidders same bank account from which the deposit was made within two (2) working days via Pos Laju or by handdays.

Appears in 1 contract

Samples: Proclamation of Sale

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