Common use of ASSIGNMENT OF RIGHTS, TITLE, INTEREST AND BENEFITS Clause in Contracts

ASSIGNMENT OF RIGHTS, TITLE, INTEREST AND BENEFITS. The Purchaser shall not without the written consent of the Assignee/Bank, the Developer and/or Proprietor and/or other relevant authorities be entitled to assign his/her/its rights, title, interest and benefits under the contract of sale made pursuant hereto or the principal Sale and Purchase Agreement entered into between the Developer and/or Proprietor of the Property and the Assignor or the original purchaser(s) when the Assignor is not the original purchaser of the Property before the Property has been duly assigned or transferred to him by the Assignee/Bank. The Assignee/Bank's decision to grant the consent or otherwise shall be in its absolute discretion and shall not be questioned.

Appears in 59 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

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ASSIGNMENT OF RIGHTS, TITLE, INTEREST AND BENEFITS. The Purchaser shall not without the written consent of the Assignee/Bank, the Developer and/or Proprietor and/or other relevant authorities be entitled to assign his/her/its rights, title, interest and benefits under the contract of sale made pursuant hereto or the principal Sale and Purchase Agreement entered into between the Developer and/or Proprietor of the Property and the Assignor Assignors or the original purchaser(s) when the Assignor Assignors is not the original purchaser of the Property before the Property has been duly assigned or transferred to him by the Assignee/Bank. The Assignee/Bank's decision to grant the consent or otherwise shall be in its absolute discretion and shall not be questioned.

Appears in 5 contracts

Samples: Facility Agreement, Facilities Agreement, Facility Agreement

ASSIGNMENT OF RIGHTS, TITLE, INTEREST AND BENEFITS. The Purchaser shall not without the written consent of the Assignee/Bank, the Developer and/or Proprietor and/or other relevant authorities be entitled to assign his/her/its rights, title, interest and benefits under the contract of sale made pursuant hereto or the principal Sale and Purchase Agreement entered into between the Developer and/or Proprietor of the Property and the Assignor or the original purchaser(s) when the Assignor is not the original purchaser of the Property before the Property has been duly assigned or transferred to him by the Assignee/Bank. The Assignee/Bank's decision to grant the consent or otherwise shall be in its absolute discretion and shall not be questioned.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement

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ASSIGNMENT OF RIGHTS, TITLE, INTEREST AND BENEFITS. The Purchaser shall not without the written consent of the Assignee/Bank, the Developer and/or Proprietor and/or other relevant authorities be entitled to assign his/her/its rights, title, interest and benefits under the contract of sale made pursuant hereto or the principal Sale and Purchase Agreement entered into between the Developer and/or Proprietor of the Property and the Assignor or the original purchaser(s) when the Assignor is not the original purchaser of the Property before the Property has been duly assigned or transferred to him by the Assignee/Bank. The Assignee/Bank's decision to grant the consent or otherwise shall be in its absolute discretion and shall not be questioned.

Appears in 1 contract

Samples: Facility Agreement

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