The Security Deposit shall guarantee the debt the Member may owe Estec through participating in Auctions.
The remaining amount of the Security Deposit shall be returned to the Member after it is applied to the outstanding amount the Auction Member, when the deal is canceled.
If the outstanding debt balance of the withdrawing member is larger than the amount of the Security Deposit, the member is solely responsible for clearing up the debt within seven working days.
Needs to be 10% or over of the planned purchase amount (minimum JPY100,000)
