| a. |
In these Conditions:
|
| |
"Auctioneer" means such
auctioneer appointed by HKJC to conduct the Sale.
"Authorised Agent" means such person appointed by the
Purchaser to bid on his behalf at the 2005 Hong Kong International
Sale.
"HKJC" means The Hong Kong Jockey Club.
"Lot" means a horse put up for auction at the Sale subject
to these Conditions.
"Purchaser" means the highest bidder of a Lot, subject
to the fall of the hammer.
"Sale" means the 2005 Hong Kong International Sale organised
by HKJC. |
| b. |
No Lot will be sold privately, prior
to the Sale and there is no reserve price for any Lot. |
| c. |
HKJC reserves the right to amend
or modify these Conditions at any time prior to the Sale. All bidders
|
