Common use of CAPACITY OF PURCHASER Clause in Contracts

CAPACITY OF PURCHASER. 10.1 Already formed Entity 10.1.1 that he is duly authorised to enter into this agreement on behalf of the company, close corporation or trust; 10.1.2 that the company, close corporation or trust is lawfully entitled to acquire and take transfer of the Property; 10.1.3 that all conditions have been complied with in order to make this agreement binding to the company, close corporation or trust; 10.1.4 that the company, close corporation or trust will duly and punctually comply with all its obligations in terms of this agreement; and binds himself in his personal capacity by virtue of his signature hereto as surety and co- principal debtor jointly and severally with the legal persona for due and punctual performance of all the terms and conditions of this agreement. 10.2 Purchaser acting as trustee for Company to be formed

CAPACITY OF PURCHASER. 10.1 Already formed Entity 10.1.1 that he is duly authorised to enter into this agreement on behalf of the company, close corporation or trust; 10.1.2 that the company, close corporation or trust is lawfully entitled to acquire and take transfer of the Property; 10.1.3 that all conditions have been complied with in order to make this agreement binding to the company, close corporation or trust; 10.1.4 that the company, close corporation or trust will duly and punctually comply with all its obligations in terms of this agreement; and binds himself in his personal capacity by virtue of his signature hereto as surety and co- principal debtor jointly and severally with the legal persona for due and punctual performance of all the terms and conditions of this agreement. 10.2 Purchaser acting as trustee for Company on behalf of a company to be formed

CAPACITY OF PURCHASER. 10.1 Already formed Entity 10.1.1 that he is duly authorised to enter into this agreement on behalf of the company, close corporation or trust; 10.1.2 that the company, close corporation or trust is lawfully entitled to acquire and take transfer of the Propertyproperty; 10.1.3 that all conditions have been complied with in order to make this agreement binding to the company, close corporation or trust; 10.1.4 that the company, close corporation or trust will duly and punctually comply with all its obligations in terms of this agreement; and binds himself in his personal capacity by virtue of his signature hereto as surety and co- principal debtor jointly and severally with the legal persona for due and punctual performance of all the terms and conditions of this agreement. 10.2 Purchaser acting as trustee for Company to be formed

CAPACITY OF PURCHASER. 10.1 Already formed Entity 10.1.1 that he is duly authorised to enter into this agreement on behalf of the company, close corporation corporation, or trust;. 10.1.2 that the company, close corporation corporation, or trust is lawfully entitled to acquire and take transfer of the Property;. 10.1.3 that all conditions have been complied with in order to make this agreement binding to the company, close corporation or trust;. 10.1.4 that the company, close corporation corporation, or trust will duly and punctually comply with all its obligations in terms of this agreement; . and binds himself in his personal capacity by virtue of his signature hereto as surety and co- principal debtor jointly and severally with the legal persona for due and punctual performance of all the terms and conditions of this agreement. 10.2 Purchaser acting as trustee for Company to be formed