PDF《GPA K20893 QUOTATION NOTICE》

4 - and Director (if any) filed with the Companies Registry giving details of its current shareholders and directors. 11. If a quotation is accepted, the successful bidder shall be the Tenant and he shall be notified of the acceptance of his quotation by a letter posted to him at or delivered to the address stated in his Form of Quotation. The successful bidder shall within

7 days of being called upon by the Government so to do sign or in the case of a corporate body duly execute under its common seal and in accordance with the laws of its place of incorporation or otherwise in accordance with the applicable law to the satisfaction of the Government Property Agency a Tenancy Agreement and the plan annexed thereto, and shall pay to the Government the balance of security deposit, first month'

s rent and management fees due under the said Tenancy Agreement. Where the successful quotation has been made on behalf of a principal, the principal shall himself sign or execute the said Tenancy Agreement and the plan annexed thereto. Where the successful quotation has been made by or on behalf of a partnership, each partner shall sign or execute the said Tenancy Agreement and the plan annexed thereto. If the successful bidder shall fail to sign or execute the said Tenancy Agreement and the plan annexed thereto or pay the balance of security deposit, first month'

s rent and management fees to the Government within the time limit as aforesaid, the Government may either enforce or cancel the quotation. On cancellation, the sum forwarded with the successful quotation as part payment of security deposit shall, without prejudice to the Government'

s right of action for damages for breach of contract, be wholly and absolutely forfeited to the Government as liquidated damages and not as a penalty and the Government shall be at liberty to grant a tenancy of the Premises to other parties or invite quotations or otherwise deal with the Premises at such time and in such manner as the Government shall deem fit. 12. Subject to the due signing or execution of the said Tenancy Agreement and the plan annexed thereto, and to the payment of the balance of the security deposit, first month'

s rent and management fees as hereinbefore provided, possession of the Premises will be given to the s........