Conduct of Auction Sample Clauses

Conduct of Auction. If a Superior Offer is submitted by a Qualified Bidder on or before the Bid Deadline, Stayton shall conduct an Auction for the Properties. If no Superior Offer is received by a Qualified Bidder before the Bid Deadline, there shall be no Auction and Blackstone Purchaser and Stayton shall be obligated to complete the Transaction subject to the terms and conditions in the Agreement. The Auction shall be conducted on the following terms:
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Conduct of Auction. 3.1 AuctionsPlus shall conduct all Auctions unless an Auctioneer is appointed. An Auction conducted by AuctionsPlus is governed by the User Agreement and Sale Terms (subject to the application of any Vendor Terms and Conditions as permitted by the User Agreement and Sale Terms).
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Conduct of Auction. If the Debtor receives at least one Qualified Bid in addition to the Agreement, the Debtor will conduct an auction (the “Auction”) on October 27, 2008, 2008 at the offices of Xxxxxxxxxx Xxxxxxx PC, 1251 Avenue of the Americas, 18th Floor, New York, New York, at 10:00 a.m. (prevailing Eastern time). At least two business days prior to the Auction, each Qualified Bidder with a Qualified Bid must inform the Seller whether it intends to participate in the Auction and at least one business day prior to the Auction, the Seller will provide such bidders copies of the Qualified Bid which the Seller believes is the highest or otherwise best offer for the Assets, (iii) all Qualified Bidders will be entitled to be present for all Subsequent Bids, and (iv) bidding at the Auction will begin with the highest or otherwise best Qualified Bid, continue in minimum increments of at least $25,000, and conclude after each participating bidder has had the opportunity to submit one or more additional Subsequent Bids.
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Conduct of Auction. 2.2 The rules for conducting auctions on this Site are as follows:
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Conduct of Auction. Subject to Section 1.10, Seller and each of the Individual Parties shall use their best efforts to acquire the Assets pursuant to the Auction Agreement, including, without limitation, increasing the Purchase Price Consideration pursuant to Section 4.2 of the Auction Agreement up to $700,000; provided that such parties shall not cause the Purchase Price Consideration to exceed $700,000 without the express prior consent of Purchaser.
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Conduct of Auction. All announcements made from the auction block will take precedence over any previous written or oral statements. United Country reserves the right to announce additional Terms and Conditions of the auction and sale prior to or during the course of the auction. All bidders will be bound by announcements made at the auction, even though a bidder may not have actually heard the announcements. The Real Estate Sales Contract for the purchase and sale of the property shall represent the final terms of sale. In the event of a dispute over any matter at the Auction, United Country shall have the absolute and sole right to make the final decision to resolve the dispute and will also have the right to either accept or reject the final bids or re-open the bidding. Increments of bidding are at the direction of United Country and the Auctioneer conducting the auction. United Country reserves the right to accept absentee bids in advance and place those bids during the course of bidding. United Country reserves the right to accept phone bids and/or absentee bids (arrangements must be made prior to auction date). United Country Reserves the right to cancel the auction or remove any property or tract from the auction. Auctioneer reserves the right to cancel, postpone or withdraw the property before or up to the start of the auction. The auctioneer reserves the right to offer this property in any manner and reserves the right to sell the property in any manner he so desires up to the start of the auction. The auction does not start until the auctioneer accepts the first bid, day of the auction.
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Conduct of Auction. Conduct of the Auction, including determination of the increments of the bidding, shall be at the direction and discretion of ELITE. Seller and ELITE reserve the right to refuse admittance to the Auction, to anyone, and to expel anyone from the Auction for any reason, including, but not limited to, interference with the Auction or other disruptive or inappropriate behavior, and non-compliance with the rules of the Auction. The above terms and conditions are accepted and agreed upon. Broker/Agent: by Date: Elite Auctions
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Conduct of Auction. The Rules of Auction applicable can be found on the Site or through this URL: xxxxx://xxxxxxxx.xx.xx/rules- of-auction The following rules are to be followed in conducting auction on the Site: No bids below the stated minimum price (if there is one) will be accepted. A User must not engage in bid manipulation to unfairly induce any other person to make bids and/or to manipulate the bid price. Should the highest bid not reach the reserve price (if applicable), then no bid will be regarded as having been successful unless otherwise stated. All bids are final and are not retractable by the Purchaser and a Purchaser shall be deemed to be the successful bidder should the Seller accept his/her offer. Should the Purchaser be a successful bidder as determined by the Seller’s acceptance, or deemed to be accepted, by the Seller, the Purchaser must complete the purchase of the vehicle. To participate within an ELSO CARS PTY LTD online auction of vehicles located at Xxxx 00 Xxxxx Xxxx, 00 Xxxxxxxxxx Xxxx, Xxxxxx, 0000, you need to do and note the following:
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Conduct of Auction. The Auction will be conducted openly with the proceeding being transcribed and each Qualified Bidder being informed of the terms of the previous bid. The Assignee may adopt other rules for the conduct of the Auction at the Auction which, in his judgment, will better promote the goals of the Auction.
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Related to Conduct of Auction

  • Conduct of a Meeting The General Partner shall have full power and authority concerning the manner of conducting any meeting of the Limited Partners or solicitation of approvals in writing, including the determination of Persons entitled to vote, the existence of a quorum, the satisfaction of the requirements of Section 13.4, the conduct of voting, the validity and effect of any proxies and the determination of any controversies, votes or challenges arising in connection with or during the meeting or voting. The General Partner shall designate a Person to serve as chairman of any meeting and shall further designate a Person to take the minutes of any meeting. All minutes shall be kept with the records of the Partnership maintained by the General Partner. The General Partner may make such other regulations consistent with applicable law and this Agreement as it may deem advisable concerning the conduct of any meeting of the Limited Partners or solicitation of approvals in writing, including regulations in regard to the appointment of proxies, the appointment and duties of inspectors of votes and approvals, the submission and examination of proxies and other evidence of the right to vote, and the revocation of approvals in writing.

  • Conduct of Business The business of the Company and its Subsidiaries shall not be conducted in violation of any law, ordinance or regulation of any governmental entity, except where such violations would not result, either individually or in the aggregate, in a Material Adverse Effect.

  • Certain Changes and Conduct of Business (a) From and after the date of this Agreement and until the Closing (or the earlier termination of this Agreement), the Company shall, and the Members shall cause the Company to, conduct the Company's business solely in the ordinary course consistent with past practices. Without limiting the generality of the preceding sentence, except as required or permitted pursuant to the terms hereof, the Company shall not, and the Members shall cause the Company not to:

  • Conduct of the Business Each of the Company and Parent covenants and agrees that:

  • Conduct of Research The Parties shall use Diligent Efforts to conduct their respective tasks, as assigned under the Research Plan, throughout the Mode of Action Program and shall conduct the Mode of Action Program in good scientific manner, and in compliance in all material respects with the requirements of applicable laws, rules and regulations and all applicable good laboratory practices to attempt to achieve their objectives efficiently and expeditiously.

  • Conduct of Parent From the date hereof until the Effective Time, Parent and its subsidiaries shall conduct their business in the ordinary course consistent with past practice and shall use their reasonable best efforts to preserve intact their business organizations and relationships with third parties and to keep available the services of their present officers and employees.

  • Conduct of Businesses (i) Prior to the Effective Time, except as may be set forth in the RELP Disclosure Letter or the AIP Disclosure Letter or as contemplated by this Agreement, unless the other party has consented in writing thereto, AIP and RELP:

  • Maintenance of Existence and Conduct of Business Each Credit Party shall: do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and its rights and franchises; continue to conduct its business substantially as now conducted or as otherwise permitted hereunder; at all times maintain, preserve and protect all of its assets and properties used or useful in the conduct of its business, and keep the same in good repair, working order and condition in all material respects (taking into consideration ordinary wear and tear) and from time to time make, or cause to be made, all necessary or appropriate repairs, replacements and improvements thereto consistent with industry practices; and transact business only in such corporate and trade names as are set forth in Disclosure Schedule (5.1).

  • Interim Conduct of Business (a) Except (i) as expressly contemplated or permitted by this Agreement, (ii) as set forth in Section 6.1(a) of the Company Disclosure Letter, or (iii) as approved by Parent (which approval will not be unreasonably withheld, conditioned or delayed), at all times during the period commencing with the execution and delivery of this Agreement and continuing until the earlier to occur of the termination of this Agreement pursuant to Article IX and the Acceptance Time, each of the Company and each of its Subsidiaries shall (A) carry on its business in all material respects in the usual, regular and ordinary course consistent with the manner as heretofore conducted, and (B) use its commercially reasonable efforts, consistent with past practices and policies, to keep available the services of the current officers, key employees and consultants of the Company and each of its Subsidiaries, and preserve the current relationships of the Company and each of its Subsidiaries with customers, suppliers and other Persons with whom the Company or any of its Subsidiaries has significant business relations.

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