Bidding Deposit definition

Bidding Deposit means the requisite deposit and buyer’s premium as in Clause 6 above to be deposited with PMSB prior to the commencement of any Event by way of purchasing/topping up Token.

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Bidding Deposit shall have the meaning given to such term in paragraph (3) of recital. "Bidding Rules" shall have the meaning given to such term in paragraph (2) of recital.

Bidding Deposit means the requisite deposit and buyer’s premium (the details of which is set out in Clause 5 of Vehicle Auction Terms & Conditions) to be deposited with PMSB prior to the commencement of any Event by way of purchasing/topping up Token..

Examples of Bidding Deposit in a sentence

• Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of AmBank (M) Berhad, a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher.

• Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, 15 minutes prior to the auction sale, a bank draft or cashier’s order drawn in favour of AmBank (M) Berhad, a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or minimum of RM2,000.00 whichever is higher or remit the same through online banking transfer, one (1) working day before auction date.

• Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of AmBank (M) Berhad for the a/c of IKHMAS JAYA SDN BHD, a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher.

• Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour AmBank (M) Berhad, a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher.

• Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of AmBank (M) Berhad a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher.

• Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, 15 minutes prior to the auction sale, a bank draft or cashier’s order drawn in favour of Ambank Islamic Berhad, a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or minimum of RM2,000.00 whichever is higher or remit the same through online banking transfer, one (1) working day before auction date.

• BHD., a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher.

• Subject To paragraph 6.1 below, all intending bidders (except the Assignee) shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier`s order drawn in favour of BANK ISLAM MALAYSIA BERHAD latest by 4 PM, at least ONE (1) WORKING DAY BEFORE THE AUCTION DAY for a sum (``Bidding Deposit``) equivalent to ten per centum (10%) of the Reserved Price.

• Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of AmBank (M) ▇▇▇▇▇▇ for the a/c of SIOW ▇▇▇▇ ▇▇▇, a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher.

• Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of AmBank (M) ▇▇▇▇▇▇ for the a/c of ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher.