Common use of BUILDING CONTRACT Clause in Contracts

BUILDING CONTRACT. 11.1. The Purchaser has been expressly informed that the property hereby purchased forms part of the development of the township. 11.2. This Agreement is conditional upon the Purchaser concluding a Building Contract with the contractor as set out in clause 12.1.1 below. 11.3. This Agreement forms part of and is indivisibly linked to the Building Contract and should this Agreement be cancelled for any reason whatsoever, the Building Contract will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.4. Should the Building Contract be concluded but thereafter cancelled for any reason whatsoever prior to transfer, this Agreement will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.5. Should the Building Contract, after the property has been registered into the name of the Purchaser, be cancelled for any reason whatsoever, the Seller shall, in its sole and absolute discretion have the right, after giving the Purchaser 7 (seven) days written notice, to retransfer the property from the Purchaser into the name of the Seller - 11.5.1. without prejudice to the Seller’s rights as set out in this Agreement – 11.5.2. at the purchase price set out in clause 3.1; 11.5.3. without the Purchaser becoming entitled to a refund of any costs or interest which he may have paid. 11.6. The Purchaser hereby irrevocably authorises as his attorney and agent, to sign all documents which may be required for such retransfer, on behalf of the Purchaser.

BUILDING CONTRACT. 11.1. The Purchaser has been expressly informed that the property hereby purchased forms part of the development of the township. 11.2. This Agreement is conditional upon the Purchaser concluding a Building Contract with the contractor as set out in clause 12.1.1 below. 11.3. This Agreement forms part of and is indivisibly linked to the Building Contract and should this Agreement be cancelled for any reason whatsoever, the Building Contract will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.4. Should the Building Contract be concluded but thereafter cancelled for any reason whatsoever prior to transfer, this Agreement will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.5. Should the Building Contract, after the property has been registered into the name of the Purchaser, be cancelled for any reason whatsoever, the Seller shall, in its sole and absolute discretion have the right, after giving the Purchaser 7 (seven) days written notice, to retransfer the property from the Purchaser into the name of the Seller - 11.5.1. without prejudice to the Seller’s rights as set out in this Agreement – 11.5.2. at the purchase price set out in clause 3.1; 11.5.3. without the Purchaser becoming entitled to a refund of any costs or interest which he may have paid. 11.6. The Purchaser hereby irrevocably authorises _ as his attorney and agent, to sign all documents which may be required for such retransfer, on behalf of the Purchaser.

BUILDING CONTRACT. 11.1. The Purchaser has been expressly informed that the property hereby purchased forms part of the development of the township. 11.2. This Agreement is conditional upon the Purchaser concluding a Building Contract with the contractor as set out in clause 12.1.1 below. 11.3. This Agreement forms part of and is indivisibly linked to the Building Contract and should this Agreement be cancelled for any reason whatsoever, the Building Contract will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.4. Should the Building Contract be concluded but thereafter cancelled for any reason whatsoever prior to transferwhatsoever, this Agreement will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.5. Should the Building Contract, after the property has been registered into the name of the Purchaser, be cancelled for any reason whatsoever, the Seller shall, in its sole and absolute discretion have the right, after giving the Purchaser 7 (seven) days written notice, to retransfer the property from the Purchaser into the name of the Seller - 11.5.1. Seller, without prejudice to the Seller’s rights as set out in this Agreement – 11.5.2. at the purchase price set out in clause 3.1; 11.5.3. without the Purchaser becoming entitled to a refund of any costs or interest which he may have paid. 11.6Agreement. The Purchaser hereby irrevocably authorises XXXXX XXXXXX as his attorney and agent, to sign all documents which may be required for such retransfer, on behalf of the Purchaser.

BUILDING CONTRACT. 11.1. The Purchaser has been expressly informed that the property hereby purchased forms part of the development of the township. 11.2. This Agreement is conditional upon the Purchaser concluding a Building Contract with the contractor as set out in clause 12.1.1 below. 11.3. This Agreement forms part of and is indivisibly linked to the Building Contract and should this Agreement be cancelled for any reason whatsoever, the Building Contract will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.4. Should the Building Contract be concluded but thereafter cancelled for any reason whatsoever prior to transferwhatsoever, this Agreement will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.5. Should the Building Contract, after the property has been registered into the name of the Purchaser, be cancelled for any reason whatsoever, the Seller shall, in its sole and absolute discretion have the right, after giving the Purchaser 7 (seven) days written notice, to retransfer the property from the Purchaser into the name of the Seller - 11.5.1. Seller, without prejudice to the Seller’s rights as set out in this Agreement – 11.5.2. at the purchase price set out in clause 3.1; 11.5.3. without the Purchaser becoming entitled to a refund of any costs or interest which he may have paid. 11.6Agreement. The Purchaser hereby irrevocably authorises XXXXXXXXXX XXXXXX XXXXXXX XXXXXX as his attorney and agent, to sign all documents which may be required for such retransfer, on behalf of the Purchaser.

BUILDING CONTRACT. 11.1. 11.1 The Purchaser has been expressly informed that the property hereby purchased forms part of the development of the township. 11.2. 11.2 This Agreement is conditional upon the Purchaser concluding a Building Contract with the contractor as set out in clause 12.1.1 below. 11.3. 11.3 This Agreement forms part of and is indivisibly linked to the Building Contract and should this Agreement be cancelled for any reason whatsoever, the Building Contract will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.4. 11.4 Should the Building Contract be concluded but thereafter cancelled for any reason whatsoever prior to transfer, this Agreement will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.5. 11.5 Should the Building Contract, after the property has been registered into the name of the Purchaser, be cancelled for any reason whatsoever, the Seller shall, in its sole and absolute discretion have the right, after giving the Purchaser 7 (seven) days written notice, to retransfer the property from the Purchaser into the name of the Seller - 11.5.1. 11.5.1 without prejudice to the Seller’s rights as set out in this Agreement – 11.5.2. 11.5.2 at the purchase price set out in clause 3.1; 11.5.3. 11.5.3 without the Purchaser becoming entitled to a refund of any costs or interest which he may have paid. 11.6. 11.6 The Purchaser hereby irrevocably authorises XXXXX XXXXXX of the firm mentioned in clause 1.1.5 as his attorney and agent, to sign all documents which may be required for such retransfer, on behalf of the Purchaser.

BUILDING CONTRACT. 11.1. 11.1 The Purchaser has been expressly informed that the property hereby purchased forms part of the development of the township. 11.2. 11.2 This Agreement is conditional upon the Purchaser concluding a Building Contract with the contractor as set out in clause 12.1.1 below. 11.3. 11.3 This Agreement forms part of and is indivisibly linked to the Building Contract and should this Agreement be cancelled for any reason whatsoever, the Building Contract will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.4. 11.4 Should the Building Contract be concluded but thereafter cancelled for any reason whatsoever prior to transferwhatsoever, this Agreement will also be cancelled with immediate effect, without any further notice to the Purchaser. 11.5. 11.5 Should the Building Contract, after the property has been registered into the name of the Purchaser, be cancelled for any reason whatsoever, the Seller shall, in its sole and absolute discretion have the right, after giving the Purchaser 7 (seven) days written notice, to retransfer the property from the Purchaser into the name of the Seller - 11.5.1. Seller, without prejudice to the Seller’s rights as set out in this Agreement – 11.5.2. at the purchase price set out in clause 3.1; 11.5.3. without the Purchaser becoming entitled to a refund of any costs or interest which he may have paid. 11.6Agreement. The Purchaser hereby irrevocably authorises XXXXXXXXXX XXXXXX XXXXXXX XXXXXX as his attorney and agent, to sign all documents which may be required for such retransfer, on behalf of the Purchaser.