Common use of COMPANY, CLOSE CORPORATION OR TRUST ALREADY FORMED Clause in Contracts

COMPANY, CLOSE CORPORATION OR TRUST ALREADY FORMED. If this agreement is signed by a person (“the signatory”) acting or purporting to act for and on behalf of an existing company, close corporation or trust as Purchaser, the signatory hereby warrants that the company, close corporation or trust as the case may be, is in existence and that the signatory is duly authorised to sign this agreement on its behalf. The signatory shall by his or her signature be bound in favour of the Seller as surety and co-principal debtor in solidum, under renunciation of the benefits of division, excussion and cession of action, for the due and proper performance by the said company or close corporation or trust of all the obligations of the Purchaser under and pursuant to:

COMPANY, CLOSE CORPORATION OR TRUST ALREADY FORMED. If this agreement is signed by a person (“the signatory”) acting or purporting to act for and on behalf of an existing a company, close corporation or trust as Purchaser, the signatory (other than one not yet incorporated or formed) such person hereby warrants that the company, close corporation or trust as the case may be, be is in existence and is registered and that the signatory he is duly authorised to sign this agreement on its behalf. The signatory shall by his or her signature be , and he is hereby bound in favour of the Seller Developer as surety and co-principal debtor in solidum, under renunciation of the benefits of division, excussion and cession of action, for the due and proper performance by the said company or close corporation or trust of all the obligations of the Purchaser under and pursuant to:said company, close corporation or trust in terms of or arising out of:-

COMPANY, CLOSE CORPORATION OR TRUST ALREADY FORMED. 22.1 If this agreement is signed by a person (“the signatory”) acting or purporting to act for and on behalf of an existing a company, close corporation or trust as Purchaser, the signatory (other than one not yet incorporated or formed) such person hereby warrants that the company, close corporation or trust as the case may be, be is in existence and is registered and that the signatory he is duly authorised to sign this agreement on its behalf. The signatory shall by his or her signature be , and he is hereby bound in favour of the Seller as surety and co-principal debtor in solidum, under renunciation of the benefits of division, excussion and cession of action, for the due and proper performance by the said company or close corporation or trust of all the obligations of the Purchaser under and pursuant to:said company, close corporation or trust in terms of or arising out of:-

COMPANY, CLOSE CORPORATION OR TRUST ALREADY FORMED. If this agreement is signed by a person (“the signatory”) acting or purporting to act for and on behalf of an existing a company, close corporation or trust as Purchaser, the signatory (other than one not yet incorporated or formed) such person hereby warrants that the company, close corporation or trust as the case may be, be is in existence and is registered and that the signatory he is duly authorised to sign this agreement on its behalf. The signatory shall by his or her signature be , and he is hereby bound in favour of the Seller as surety and co-principal debtor in solidum, under renunciation of the benefits of division, excussion and cession of action, for the due and proper performance by the said company or close corporation or trust of all the obligations of the Purchaser under and pursuant to:said company, close corporation or trust in terms of or arising out of:-