Common use of Withdrawal of Bid Clause in Contracts

Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 133 contracts

Samples: Facility Agreement and Purchase, auctions.com.my, auctions.com.my

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Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 125 contracts

Samples: Facilities Agreement, Facilities Agreement, Facilities Agreement

Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 47 contracts

Samples: Facilities Agreement, Facilities Agreement, Facilities Agreement

Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 23 contracts

Samples: Property Purchase Agreement, Proclamation of Sale, Matter of Property Sale Agreement

Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 12 contracts

Samples: Matter of Facilities Agreement, Proclamation of Sale, Facilities Agreement

Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 10 contracts

Samples: Property Sale Agreement, Property Sale Agreement, Property Purchase Agreement

Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 9 contracts

Samples: Proclamation of Sale, Assignment and Novation Agreement, Proclamation of Sale

Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property proper ty again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 8 contracts

Samples: Matter of Facilities Agreement, Matter of Facilities Agreement, Facilities Agreement

Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 7 contracts

Samples: Facility Agreement, Facility Agreement, Proclamation of Sale

Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 4 contracts

Samples: Proclamation of Sale, Facilities Agreement, Facilities Agreement

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Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property Property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 2 contracts

Samples: Property Sale Agreement, Property Sale Agreement

Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property proper ty again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 2 contracts

Samples: Facilities Agreement, Facilities Agreement

Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve rese rve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 1 contract

Samples: Proclamation of Sale

Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve re serve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 1 contract

Samples: Proclamation of Sale

Withdrawal of Bid. Any bidder bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have his/her their deposit equal to 10% of reserve reserv e price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

Appears in 1 contract

Samples: Matter of Facility Agreement

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