Mock Auction definition

Mock Auction means the auctioning of goods wherein the Auctioneer leads persons in attendance to believe that a bid has been made by a potential purchaser on an item being auctioned when in fact such a bid has not been made; and
Mock Auction. BOEM will hold a Mock Auction on March 14, 2017, beginning at 9:00 a.m. EST. The Mock Auction will be held online. BOEM will contact each bidder that has timely filed a BFF and bid deposit and provide instructions for participation. Only bidders that have timely submitted BFFs and bid deposits will be permitted to participate in the Mock Auction. • Conducting the Auction: BOEM, through its contractor, will hold an auction as described in this notice.
Mock Auction means an Auction during which:

Examples of Mock Auction in a sentence

  • If Licensee wishes to terminate their Mock Auction account, they may email Exhaustless.

  • As part of the Program, Exhaustless will provide licensee with the opportunity to submit comments, suggestions, or other feedback regarding their use of the Mock Auction Features.

  • Exhaustless may make such Mock Auction Features available to auction participants by online registration or enrollment via the Service.

  • Licensee acknowledges that they are responsible for all use of the Service using their Bidder-Code-Name and Mock Auction Account, and that this Agreement applies to any and all usage of the Service.

  • Licensee’s use of the Mock Auction Features and participation in the Program is governed by this Agreement.

  • Licensee understands and agrees that Exhaustless may collect and use information from their Mock Auction Account, devices and peripherals in order to enroll licensee in the Program and/or determine licensee’s eligibility to participate.

  • The Mock Auction is intended to give bidders an opportunity to clarify auction rules, test the functionality of the auction software, and identify any potential issues that may arise during the auction.

  • Mock Auction: From time to time, Exhaustless may choose to offer new and/or updated features of the Service (the “Mock Auction Features”) as part of a testing program (the “Program”) for the purpose of providing Exhaustless with feedback on the quality and usability of the Auction Features.

  • Licensee acknowledges that Exhaustless has no obligation to provide a commercial version of the Mock Auction Features, and that should such a commercial version be made available, it may have features or functionality different than that contained in the Mock Auction Features.

  • Only bidders that have timely submitted BFFs and bid deposits may participate in the Mock Auction.


More Definitions of Mock Auction

Mock Auction means an imitated sale by auction of goods, articles, merchandise, effects, etc. to persons;
Mock Auction means the auctioning of goods wherein the auctioneer leads Persons in attendance at an Auction to believe that a potential purchaser has made a bid on an item, which bid has not been made.