Examples of Reserve Price in a sentence
All intending bidders are required to deposit ten per cent (10%) of the Reserve Price or any sum exceeding 10% of the purchase price or a minimum of RM2,500.00 whichever is higher (“the Bidding Deposit”) for the said property by bank draft only in favour of AFFIN BANK BERHAD on one (1) working day before auction date and the balance of the purchase money shall be paid by the Purchaser within ninety (90) days from the date of auction sale to AFFIN BANK BERHAD.
The Assignee/Bank will bear the outstanding charges of the property (including developer/proprietor/management office’s service/maintenance charges, sinking fund, quit rent and assessment, late penalty charges) up to the date of auction sale only but subject to a maximum amount of 50% of the Reserve Price of the subject property.
Hotline: 1 300-88-0811 or Log on to xxxx.xxx.xx/xxxxxxxxxxx Reserve Price The property will be sold on an “as is where is” basis and subject to the reserve price and the terms contained in the Proclamation and Conditions of Sale.
The deposit payment (“Bidder Deposit”) (minimum amount required is 5% of the Reserve Price) if it is in the form of bank draft/cashier’s order, the bank draft/cashier’s order shall reach us by 4.00 pm one (1) business day before the Event whereas if it is via electronic fund transfer into PMSB account as per Clause 2(e), the electronic transferred fund shall reach PMSB account in cleared fund by 4.00 pm one (1) business day before the Event.
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 Xxxxx Xxxx Xxxx, a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher.