IPMS-HAMS

Houston Automotive Modeler's Society

 

 

Auction Com Purchase Agreement

Posted on September 11th, 2021 in Uncategorized by

 

3.5.1 Any communication relating to auction agreements must be made in writing and notified by first class mail (or foreign prepaid equivalents) to the respective addresses of the parties last communicated to the other parties. 4.1 Option 1 If the lot is for auction type Option One, the lot is subject to option One (as stipulated in our general conditions of auction in this catalog). In the event of a hammer fall, the buyer is required to pay us a (1) higher (1) 10% of the successful offer price and (2) £3,000. 1.4 A reference to Option 1 or Option 2 is a reference to the nature of the auction at which a lot is taken. Details The section of the catalog that contains descriptions of each batch (as vary from each supplement). Practitioner A receiver within the meaning of the Insolvency Act 1986 (or, in the case of jurisdictions outside the United Kingdom, a similar civil servant). Price The price that the buyer is willing to pay for the lot. Ready to conclude Ready to complete, willing and able: If completion allowed the seller to pay all the secured financial costs in the land, which must be fulfilled by completion, then these unpaid financial costs do not prevent the seller from being ready to conclude. . . .

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