Common use of AGREEMENT NOT TO BE REGISTERED Clause in Contracts

AGREEMENT NOT TO BE REGISTERED. The Purchaser acknowledges this Agreement confers a personal right only and not any interest in the Property and that the registration against title of any notice or caution or other reference to this Agreement or his or her interest is likely to cause inconvenience and prejudice or irreparable harm to the Vendor and other purchasers of dwellings within the Subdivision. If any such registration occurs, the Vendor may terminate this Agreement forthwith and take full forfeiture of the Purchaser’s deposits as liquidated damages and not as a penalty. Further, the Purchaser hereby irrevocably consents to a court order removing such registration and agrees to pay all Vendor's costs and expenses in obtaining such court order including, but not limited to, fees of its solicitors on a full indemnity basis together with any Applicable Taxes thereon. Additionally, the Purchaser hereby irrevocably nominates, constitutes and appoints the Vendor or any of its authorized signing officers to be and act as his lawful attorney in the Purchaser's name, place and stead, without liability or claim, for the purpose of removing any such registration from title.

Appears in 8 contracts

Samples: Agreement of Purchase and Sale, Agreement of Purchase and Sale, Agreement of Purchase and Sale

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AGREEMENT NOT TO BE REGISTERED. SAMPLE The Purchaser acknowledges this Agreement confers a personal right only and not any interest in the Property and that the registration against title of any notice or caution or other reference to this Agreement or his or her interest is likely to cause inconvenience and prejudice or irreparable harm to the Vendor and other purchasers of dwellings within the Subdivision. If any such registration occurs, the Vendor may terminate this Agreement forthwith and take full forfeiture of the Purchaser’s 's deposits as liquidated damages and not as a penalty. Further, the Purchaser hereby irrevocably consents to a court order removing such registration and agrees to pay all Vendor's costs and expenses in obtaining such court order including, but not limited to, fees of its solicitors on a full indemnity basis together with any Applicable Taxes thereon. Additionally, the Purchaser hereby irrevocably nominates, constitutes and appoints the Vendor or any of its authorized signing officers to be and act as his lawful attorney in the Purchaser's name, place and stead, without liability or claim, for the purpose of removing any such registration from title.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale, Agreement of Purchase and Sale

AGREEMENT NOT TO BE REGISTERED. The Purchaser acknowledges and agrees this Agreement confers a personal right only and not any interest in the Property Unit or property and that the registration against title of any notice or caution notice, caution, or other reference to this Agreement or his or her interest the Purchaser is likely to cause inconvenience and prejudice or irreparable harm to the Vendor and other purchasers unit purchasers, for example, by impeding financing and the registration of dwellings within the SubdivisionCondominium. If any such registration occurs, the Vendor may terminate this Agreement forthwith and take full forfeiture of the Purchaser’s deposits as liquidated damages and not as a penaltydeposits. Further, the Purchaser hereby irrevocably consents to a court order removing such registration and agrees to pay all Vendor's ’s costs and expenses expense in obtaining such court order including, but not limited to, it including fees of its solicitors on a full indemnity solicitor and client basis together with any Applicable Taxes H.S.T. thereon. Additionally, the Purchaser hereby irrevocably nominates, constitutes and appoints the Vendor or any of its authorized signing officers to be and act as his lawful attorney in the Purchaser's ’s name, place and stead, without liability or claim, stead for the purpose of removing any such registration from title.

Appears in 1 contract

Samples: Agreement of Purchase and Sale

AGREEMENT NOT TO BE REGISTERED. The Purchaser acknowledges this Agreement confers a personal right only and not any interest in the Property and that the registration against title of any notice or caution or other reference to this Agreement or his or her the Purchaser’s interest is likely to cause inconvenience and prejudice or irreparable harm to the Vendor and other purchasers of dwellings within the Subdivision. If any such registration occurs, the Vendor may terminate this Agreement forthwith and take full forfeiture of the Purchaser’s deposits as liquidated damages and not as a penalty. Further, the Purchaser hereby irrevocably consents to a court order removing such registration and agrees to pay all Vendor's costs and expenses in obtaining such court order including, but not limited to, fees of its solicitors on a full indemnity basis together with any Applicable Taxes thereon. Additionally, the Purchaser hereby irrevocably nominates, constitutes and appoints the Vendor or any of its authorized signing officers to be and act as his its lawful attorney in the Purchaser's name, place and stead, without liability or claim, for the purpose of removing any such registration from title.

Appears in 1 contract

Samples: Agreement of Purchase and Sale

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AGREEMENT NOT TO BE REGISTERED. The Purchaser acknowledges and agrees that this Agreement confers a personal right only and not any interest in the Property and that the registration against title of any notice or caution or other reference to this Agreement or his or her interest is likely to cause inconvenience and prejudice or irreparable harm to the Vendor and other purchasers of dwellings within the Subdivision. If any such registration occurs, the Vendor may terminate this Agreement forthwith and take full forfeiture of the Purchaser’s 's deposits as liquidated damages and not as a penalty. Further, the Purchaser hereby irrevocably consents to a court order removing such registration and agrees to pay all of the Vendor's costs and expenses in obtaining such court order including, but not limited to, fees of its solicitors on a full indemnity solicitor and client basis together with any Applicable Taxes thereon. Additionally, the Purchaser hereby irrevocably nominates, constitutes and appoints the Vendor or any of its authorized signing officers to be and act as his lawful attorney in the Purchaser's name, place and stead, without liability or claim, for the purpose of removing any such registration from title.

Appears in 1 contract

Samples: andrinhomes.com

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