Common use of CAPACITY OF PURCHASER Clause in Contracts

CAPACITY OF PURCHASER. The person who signs this Agreement on behalf of such Company or Close Corporation or Trust or other legal person by his signature hereto binds himself in favour of the Seller as SURETY FOR AND CO-PRINCIPAL DEBTOR with such Company or Close Corporation or trustees of a Trust or other legal person for the due and timeous performance by it of all its obligations as Purchaser in terms of this Agreement and furthermore by his signature hereto indemnifies the Seller against any damages that it may suffer as a result of the breach of any of the terms of this Agreement by such Company or Close Corporation or Trustees of a Trust or other legal person.

Appears in 4 contracts

Samples: Agreement of Sale, Agreement of Sale, Agreement of Sale

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