TNAG-0759-FCO40-963-Manufacture-and-storage-of-explosives-in-Hong-Kong-1978 — Page 55

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TENDERERS MUST FORWARD WITH THEIR TENDER a cheque or cashier order for

being/the whole amount of the premium tendered/10 of the premium tendered and the first of the 10 equal annual instalments (including interest) of the balance thereof, calculated in accordance with the formula stated in condition (1)(b) of the Special Conditions annexed hereto. Such cheque or cashier order should be made payable to the Hong Yong Government and drawn on a bank which shall be a bank duly licensed by the Governor- in-Council under Section 5 of the Banking Ordinance. If a cheque is submitted it must be certified good for payment up to the 9th day of

1978. All cheques and cashier orders will be retained uncashed until the Central Tender Board has made its decision on the tenders submitted. If a tender is accepted the cheque or cashier order submitted therewith will be applied in full payment of the premium tendered or applied in payment of the 10 of the premium tendered and the first instalment (including interest) of the balance thereof, as the case may be. 411 other cheques and cashier orders will be returned, within a period of 14 days from the date specified in Clause 8 below, to the unsuccessful tenderers at the addresses shown on their tender.

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Junc

The person who signs 2 tender as tenderer shall be deemed to be acting as a principal unless he discloses therein that he is acting as an agent only, in which case he shall also disclose therein the name and address of his principal.

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If a tender is accepted, the successful tendrer shall be the purchaser, and he will be notified of the acceptance of his tender by a letter posted to him at the address stated in his tender not later than the 2nd day f Junc

19 78, and the letter shall be deemed to have been received by him in due course of post. Within ten days of the date of the letter the purchaser shall si ́n, or in the case of a limited company duly execute under its Common Seal, Memorandum of Agreement in the form attached to the said Conditions of Sale. The purchaser shall also sign the sale plan. Where the successful tender has been made on behalf of a principal, the principal shall himself sign or itself execute the Memorandum of Agreement.

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