CONDITION PRECEDENT - LOAN. 6.1. In the event of an amount having been inserted in Clause 3.5 of the Covering Schedule, this Agreement is subject to the condition precedent that the Purchaser is granted a loan within the period specified in Clause 3.7 of the Covering Schedule (the ”Initial Period”) from a bank or financial institution in the amount specified in Clause 3.5 of the Covering Schedule or such lesser amount as the Purchaser may accept on the terms that the aforesaid bank or financial institution normally approves mortgage loans for Sectional Title Residential Sections.
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Samples: Agreement of Sale, www.pamgolding.co.za
CONDITION PRECEDENT - LOAN. 6.1. In the event of an amount having been inserted in Clause 3.5 3.5.2 of the Covering Schedule, this Agreement is subject to the condition precedent that the Purchaser is granted a loan within the period specified in Clause 3.7 of the Covering Schedule (the ”Initial Period”) from a bank or financial institution in the amount specified in Clause 3.5 3.5.2 of the Covering Schedule or such lesser amount as the Purchaser may accept on the terms that the aforesaid bank or financial institution normally approves mortgage loans for Sectional Title Residential Sectionsloans.
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Samples: Agreement of Sale, Agreement of Sale
CONDITION PRECEDENT - LOAN. 6.1. In the event of an amount having been inserted in Clause 3.5 3.3.2 of the Covering Schedule, this Agreement is subject to the condition precedent that the Purchaser is granted a loan within the period specified in Clause 3.7 3.5 of the Covering Schedule (the ”Initial Period”) from a bank or financial institution in the amount specified in Clause 3.5 3.3.2 of the Covering Schedule or such lesser amount as the Purchaser may accept on the terms that the aforesaid bank or financial institution normally approves mortgage loans for Sectional Title Residential Sectionsloans.
Appears in 1 contract
Samples: Agreement of Sale
CONDITION PRECEDENT - LOAN. 6.1. In the event of an amount having been inserted in Clause 3.5 3.3.2 of the Covering Schedule, this Agreement is subject to the condition precedent that the Purchaser is granted a loan within the period specified in Clause 3.7 3.5 of the Covering Schedule (the ”Initial Period”) from a bank or financial institution in the amount specified in Clause 3.5 3.3.2 of the Covering Schedule or such lesser amount as the Purchaser may accept on the terms that the aforesaid bank or financial institution normally approves mortgage loans and at the interest rate the financial institution usually charges for Sectional Title Residential Sectionssimilar bonds.
Appears in 1 contract
Samples: Nightingale Crescant Development
CONDITION PRECEDENT - LOAN. 6.1. In the event of an amount having been inserted in Clause 3.5 3.5.2 of the Covering Schedule, this Agreement is subject to the condition precedent that the Purchaser is granted a loan within the period specified in Clause 3.7 of the Covering Schedule (the ”Initial Period”) from a bank or financial institution in the amount specified in Clause 3.5 3.5.2 of the Covering Schedule or such lesser amount as the Purchaser may accept on the terms that the aforesaid bank or financial institution normally approves mortgage loans for Sectional Title the purchaser of Single Residential SectionsXxxxx.
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Samples: Chardonnay Health Lifestyle
CONDITION PRECEDENT - LOAN. 6.1. In the event of an amount having been inserted in Clause 3.5 3.5.2 of the Covering Schedule, this Agreement is subject to the condition precedent that the Purchaser is granted a loan within the period specified in Clause 3.7 of the Covering Schedule (the ”Initial Period”) from a bank or financial institution in the amount specified in Clause 3.5 3.5.2 of the Covering Schedule or such lesser amount as the Purchaser may accept on the terms that the aforesaid bank or financial institution normally approves mortgage loans for Sectional Title Residential Sectionsof a similar nature.
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Samples: Agreement of Sale