Common use of ACCEPTANCE AND CONFIRMATION Clause in Contracts

ACCEPTANCE AND CONFIRMATION. 2.1. By signing this Deed of Sale at the end thereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the PURCHASER’s offer shall remain open for acceptance by the SELLER or by the AGENT on behalf of the SELLER, until 17H00 on the 19th day of November 2020 (14 WORKING DAYS confirmation period”). 2.2. The PURCHASER'S offer shall be deemed to have been accepted only when the SELLER or the AGENT, whichever may be applicable, has signed this Deed of Sale on behalf of the SELLER in the space provided at the end thereof and the SELLER shall not be required to notify the PURCHASER of the acceptance of its offer prior to expiry of the confirmation period. 2.3. Should the SELLER reject the PURCHASER'S offer, the AGENT will repay to the 2.4. The AGENT shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S offer immediately upon receipt of written request therefore from the PURCHASER, which request shall not be made before the last day of the Confirmation Period. 2.5. In the event of the sale requiring the consent of any statutory authority or any court of law, then this sale is subject to the granting of such consent.

ACCEPTANCE AND CONFIRMATION. 2.1. By signing this Deed of Sale at the end thereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the PURCHASER’s offer shall remain open for acceptance by the SELLER or by the AGENT on behalf of the SELLER, until 17H00 on the 19th th day of November 2020 201_ (14 WORKING DAYS confirmation period”). 2.2. The PURCHASER'S offer shall be deemed to have been accepted only when the SELLER or the AGENT, whichever may be applicable, has signed this Deed of Sale on behalf of the SELLER in the space provided at the end thereof and the SELLER shall not be required to notify the PURCHASER of the acceptance of its offer prior to expiry of the confirmation period. 2.3. Should the SELLER reject the PURCHASER'S offer, the AGENT will repay to the 2.4. The AGENT shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S offer immediately upon receipt of written request therefore from the PURCHASER, which request shall not be made before the last day of the Confirmation Period. 2.5. In the event of the sale requiring the consent of any statutory authority or any court of law, then this sale is subject to the granting of such consent.

ACCEPTANCE AND CONFIRMATION. 2.1. 5.1 By signing this Deed of Sale at the end thereof, the PURCHASER Purchaser offers to purchase the PROPERTY Property on the terms and conditions contained herein and the PURCHASERPurchaser’s offer shall remain open for acceptance by the SELLER Seller or by the AGENT Agent on behalf of the SELLERSeller, until 17H00 18H00 on the 19th day of November 2020 date specified in Schedule “1” (14 WORKING DAYS “confirmation period”). The Purchaser and the Agent acknowledge and agree that this provision is inserted and intended for the benefit of the Seller. 2.2. 5.2 The PURCHASER'S Purchaser’s offer shall be deemed to have been accepted only when the SELLER or the AGENT, whichever may be applicable, Seller has signed this Deed of Sale on behalf of the SELLER in the space provided at the end thereof and the SELLER Seller shall not be required to notify the PURCHASER Purchaser of the acceptance of its offer prior to expiry of the confirmation period. 2.3. 5.3 Should the SELLER Seller reject the PURCHASER'S Purchaser’s offer, the AGENT Seller’s attorney will repay to thethe Purchaser any deposit and/or commission paid to it in terms of this agreement. 2.4. 5.4 The AGENT Seller shall notify the PURCHASER Purchaser in writing of either its acceptance or its rejection of the PURCHASER'S Purchaser’s offer immediately upon receipt of written request therefore from the PURCHASERPurchaser, which request shall not be made before the last day of the Confirmation Period. 2.5. 5.5 In the event of the sale requiring the consent of any statutory authority or any court of law, then this sale is subject to the granting of such consent.

ACCEPTANCE AND CONFIRMATION. 2.1. By signing this Deed of Sale at the end thereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the PURCHASER’s offer shall remain open for acceptance by the SELLER or by the AGENT on behalf of the SELLER, until 17H00 on the 19th day of November 2020 (14 WORKING DAYS “confirmation period”). The PURCHASER and the AGENT acknowledge and agree that this provision is inserted and intended for the benefit of the SELLER. 2.2. The PURCHASER'S 's offer shall be deemed to have been accepted only when the SELLER or the AGENT, whichever may be applicable, has signed this Deed of Sale on behalf of the SELLER in the space provided at the end thereof and the SELLER shall not be required to notify the PURCHASER of the acceptance of its offer prior to expiry of the confirmation period. 2.3. Should the SELLER reject the PURCHASER'S 's offer, the AGENT will repay to thethe PURCHASER any deposit and commission paid to it in terms of this agreement. 2.4. The AGENT SELLER shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S 's offer immediately upon receipt of written request therefore from the PURCHASER, which request shall not be made before the last day of the Confirmation Period. 2.5. In the event of the sale requiring the consent of any statutory authority authority, the Master of the High Court or any court of law, then this sale is subject to the granting of such consent.

ACCEPTANCE AND CONFIRMATION. 2.17.1. By signing this Deed of Sale at the end thereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the PURCHASER’s offer shall remain open for acceptance by the SELLER or by the AGENT on behalf of the SELLER, until 17H00 on the 19th 15th day of November 2020 August 2024 (14 WORKING DAYS “confirmation period”). The PURCHASER and the AGENT acknowledge and agree that this provision is inserted and intended for the benefit of the SELLER. 2.27.2. The PURCHASER'S 's offer shall be deemed to have been accepted only when the SELLER or the AGENT, whichever may be applicable, has signed this Deed of Sale on behalf of the SELLER in the space provided at the end thereof and the SELLER shall not be required to notify the PURCHASER of the acceptance of its offer prior to expiry of the confirmation period. 2.37.3. Should the SELLER reject the PURCHASER'S 's offer, the AGENT will repay to thethe PURCHASER any deposit and commission paid to it in terms of this agreement. 2.47.4. The AGENT SELLER shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S 's offer immediately upon receipt of written request therefore from the PURCHASER, which request shall not be made before the last day of the Confirmation Period. 2.57.5. In the event of the sale requiring the consent of any statutory authority authority, the Master of the High Court or any court of law, then this sale is subject to the granting of such consentconsent or by directions given by the Creditors at a general meeting specifically convened for the purposes of giving directions to the Business Rescue Practitioner.

ACCEPTANCE AND CONFIRMATION. 2.1. By signing this Deed of Sale at the end thereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the The PURCHASER’s ’S offer shall remain open for acceptance by the SELLER or by the AGENT AUCTIONEER on behalf of the SELLER, until 17H00 12H00 on the 19th 10TH day of November 2020 (14 WORKING DAYS confirmation period”)MARCH 2022. The PURCHASER and the AUCTIONEER acknowledge and agree that this provision is inserted and intended for the benefit of the SELLER. 2.2. The PURCHASER'S offer shall be deemed to have been accepted only when the SELLER or the AGENTAUCTIONEER, whichever may be applicable, has signed this Deed these Rules of Sale Auction on behalf of the SELLER in the space provided at the end thereof and the SELLER shall not be required to notify the PURCHASER of the acceptance of its offer prior to expiry of the confirmation period. 2.3. Should the SELLER reject the PURCHASER'S 's offer, the AGENT AUCTIONEER will repay to thethe PURCHASER any deposit and commission paid to it in terms of this agreement. 2.4. The AGENT SELLER shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S 's offer immediately upon receipt of written request therefore from the PURCHASER, which request shall not be made before the last day of the Confirmation Period. 2.5. In the event of the sale requiring the consent of any statutory authority or any court of law, then this sale is subject to the granting of such consent.

ACCEPTANCE AND CONFIRMATION. 2.1. By signing this Deed of Sale at the end thereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the PURCHASER’s offer shall remain open for acceptance by the SELLER or by the AGENT on behalf of the SELLER, until 17H00 on the 19th th day of November 2020 201_ (14 21 WORKING DAYS confirmation period”). 2.2. The PURCHASER'S offer shall be deemed to have been accepted only when the SELLER or the AGENT, whichever may be applicable, has signed this Deed of Sale on behalf of the SELLER in the space provided at the end thereof and the SELLER shall not be required to notify the PURCHASER of the acceptance of its offer prior to expiry of the confirmation period. 2.3. Should the SELLER reject the PURCHASER'S offer, the AGENT will repay to the 2.4. The AGENT shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S offer immediately upon receipt of written request therefore from the PURCHASER, which request shall not be made before the last day of the Confirmation Period. 2.5. In the event of the sale requiring the consent of any statutory authority or any court of law, then this sale is subject to the granting of such consent.

ACCEPTANCE AND CONFIRMATION. 2.1. By signing this Deed of Sale at the end thereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the The PURCHASER’s ’S offer shall remain open for acceptance by the SELLER or by the AGENT AUCTIONEER on behalf of the SELLER, until 17H00 12H00 on the 19th 28th day of November 2020 (14 WORKING DAYS confirmation period”)MARCH 2024. The PURCHASER and the AUCTIONEER acknowledge and agree that this provision are inserted and intended for the benefit of the SELLER. 2.2. The PURCHASER'S offer shall be deemed to have been accepted only when the SELLER or the AGENTAUCTIONEER, whichever may be applicable, has signed this Deed these Rules of Sale Auction on behalf of the SELLER in the space provided at the end thereof and the SELLER shall not be required to notify the PURCHASER of the acceptance of its offer prior to expiry of the confirmation period. 2.3. Should the SELLER reject the PURCHASER'S 's offer, the AGENT AUCTIONEER will repay to thethe PURCHASER any deposit and commission paid to it in terms of this agreement. 2.4. The AGENT SELLER shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S 's offer immediately upon receipt of written request therefore from the PURCHASER, which request shall not be made before the last day of the Confirmation Period. 2.5. In the event of the sale requiring the consent of any statutory authority or any court of law, then this sale is subject to the granting of such consent.

ACCEPTANCE AND CONFIRMATION. Initial Purchaser Initial Seller 2.1. By signing this Deed of Sale offer at the end thereofhereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the PURCHASER’s offer Offer shall remain open for acceptance by the the 2.2. SELLER or by the AGENT VARTRUST on behalf of the SELLERSELLER and cannot be withdrawn, until 17H00 18h00 on (date) . The PURCHASER and VARTRUST acknowledge and agree that this provision is inserted and intended for the 19th day benefit of November 2020 (14 WORKING DAYS confirmation period”)the SELLER. 2.22.3. The PURCHASER'S 's offer shall be deemed to have been accepted only when the SELLER or the AGENT, whichever may be applicable, has signed this Deed of Sale on behalf of the SELLER offer in the space provided at the end thereof and the hereof. The SELLER shall not be required to notify the PURCHASER of the acceptance of its his offer prior to expiry of the confirmation period. 2.3. Should the SELLER reject the PURCHASER'S offer, the AGENT will repay period referred to thein 2.1 above.‌ 2.4. The AGENT SELLER shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S 's offer immediately upon receipt of written request therefore therefor from the PURCHASER, which request shall not be made before the last day of the Confirmation Periodperiod referred to in 2.1 above. 2.5. In the event of the sale this Agreement requiring the consent of any statutory authority or any court of law, then this sale Agreement is subject to the granting of such consent.

ACCEPTANCE AND CONFIRMATION. 2.1. By signing this Deed of Sale at the end thereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the PURCHASER’s offer shall remain open for acceptance by the SELLER or by the AGENT on behalf of the SELLER, until 17H00 on the 19th th day of November 2020 (14 WORKING DAYS Working Days confirmation period”). 2.2. The PURCHASER'S offer shall be deemed to have been accepted only when the SELLER or the AGENT, whichever may be applicable, has signed this Deed of Sale on behalf of the SELLER in the space provided at the end thereof and the SELLER shall not be required to notify the PURCHASER of the acceptance of its offer prior to expiry of the confirmation period. 2.3. Should the SELLER reject the PURCHASER'S offer, the AGENT will repay to the 2.4. The AGENT shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S offer immediately upon receipt of written request therefore from the PURCHASER, which request shall not be made before the last day of the Confirmation Period. 2.5. In the event of the sale requiring the consent of any statutory authority or any court of law, then this sale is subject to the granting of such consent.

ACCEPTANCE AND CONFIRMATION. 2.1. 2.1 By signing this Deed of Sale offer at the end thereofhereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the PURCHASER’s offer Offer shall remain open for acceptance by the SELLER or by the AGENT VARTRUST on behalf of the SELLERSELLER and cannot be withdrawn, until 17H00 18h00 on the 19th day of November 2020 (14 WORKING DAYS confirmation period”date). 2.2. 2.2 The PURCHASER'S 's offer shall be deemed to have been accepted only when the SELLER or the AGENT, whichever may be applicable, has signed this Deed of Sale on behalf of the SELLER offer in the space provided at the end thereof and the hereof. The SELLER shall not be required to notify the PURCHASER of the acceptance of its his offer prior to expiry of the confirmation periodperiod referred to in 2.1 above. 2.3. 2.3 Should the SELLER reject the PURCHASER'S 's offer, VARTRUST or the AGENT SELLER's Attorneys will repay to thethe PURCHASER any deposit and commission paid by him in terms of this Agreement. 2.4. 2.4 The AGENT SELLER shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S 's offer immediately upon receipt of written request therefore therefor from the PURCHASER, which request shall not be made before the last day of the Confirmation Periodperiod referred to in 2.1 above. 2.5. 2.5 In the event of the sale this Agreement requiring the consent of any statutory authority or any court of law, then this sale Agreement is subject to the granting of such consent.

ACCEPTANCE AND CONFIRMATION. 2.1. By signing this Deed of Sale at the end thereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the The PURCHASER’s ’S offer shall remain open for acceptance by the SELLER or by the AGENT AUCTIONEER on behalf of the SELLER, until 17H00 on the 19th 7th day after the auction. The PURCHASER and the AUCTIONEER acknowledge and agree that this provision are inserted and intended for the benefit of November 2020 (14 WORKING DAYS confirmation period”)the SELLER. 2.2. The PURCHASER'S offer shall be deemed to have been accepted only when the SELLER or the AGENTAUCTIONEER, whichever may be applicable, has signed this Deed these Rules of Sale Auction on behalf of the SELLER in the space provided at the end thereof and the SELLER shall not be required to notify the PURCHASER of the acceptance of its offer prior to expiry of the confirmation period. 2.3. Should the SELLER reject the PURCHASER'S 's offer, the AGENT AUCTIONEER will repay to thethe PURCHASER any deposit and commission paid to it in terms of this agreement. 2.4. The AGENT SELLER shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S 's offer immediately upon receipt of written request therefore from the PURCHASER, which request shall not be made before the last day of the Confirmation Period. 2.5. In the event of the sale requiring the consent of any statutory authority or any court of law, then this sale is subject to the granting of such consent.

ACCEPTANCE AND CONFIRMATION. 2.1. By signing this Deed of Sale at the end thereof, the PURCHASER offers to purchase the PROPERTY on the terms and conditions contained herein and the PURCHASER’s offer shall remain open for acceptance by the SELLER or by the AGENT on behalf of the SELLER, until 17H00 on the 19th day of November 2020 (14 WORKING DAYS “confirmation period”). The PURCHASER and the AGENT acknowledge and agree that this provision is inserted and intended for the benefit of the SELLER. 2.2. The PURCHASER'S offer shall be deemed to have been accepted only when the SELLER or the AGENT, whichever may be applicable, has signed this Deed of Sale on behalf of the SELLER in the space provided at the end thereof and the SELLER shall not be required to notify the PURCHASER of the acceptance of its offer prior to expiry of the confirmation period. 2.3. Should the SELLER reject the PURCHASER'S offer, the AGENT will repay to thethe PURCHASER any deposit and commission paid to it in terms of this agreement. 2.4. The AGENT SELLER shall notify the PURCHASER in writing of either its acceptance or its rejection of the PURCHASER'S offer immediately upon receipt of written request therefore from the PURCHASER, which request shall not be made before the last day of the Confirmation Period. 2.5. In the event of the sale requiring the consent of any statutory authority authority, the Master of the High Court or any court of law, then this sale is subject to the granting of such consent.