CONSENT BY PURCHASER TO PAY Sample Clauses

CONSENT BY PURCHASER TO PAY. “THE RESERVATION FEE” TO AGENT Notwithstanding the contents contained in clauses 3.1.1, 3.1.5 and 16 above, the Purchaser specifically hereby agrees, in accordance with item 8.1.2 of the Code of Conduct of “The Estates Agency Affairs Board” to pay over an amount of R35 000, 00 (Thirty Five Thousand Rand) being the entire Reservation Fee to IGrow Wealth Investments (Pty) Ltd (the Agent) paid by the Purchaser to the Seller’s Conveyancers as per clause 3.1.5. The Purchaser is aware that the Reservation Fee will not be invested until the provisions of clause 3.4 above have been complied with and will only attract interest until such amount is released to the Agent, as per the conditions set out in this clause. Such payment shall only be payable by the Seller’s Conveyancers to the Agent once the Seller’s Conveyancers has received proof that the Purchaser’s mortgage bond application relating to such purchase has been approved. It is furthermore an express condition of this payment of the Reservation Fee, that the aforesaid Agent shall upon demand be obliged to repay such Reservation Fee without setoff or any deductions into the Purchasers under mentioned bank account should the Purchaser formally cancel the particular sale because of the failure of Seller to pass transfer of such Property into the name of the Purchaser within 24 (twenty four) months from the date hereof: Name of Accountholder: Name of Bank: Branch: Code: Account Number: and to fax, email or post a copy of such deposit slip to their address as contained herein. The Seller shall not be liable for the repayment of the Reservation Fee payable to the Purchaser by the Agent, should the agent fail to make such payment. It is hereby specifically recorded that the Seller is indemnified by the Purchaser from any claims that might be instituted by the Purchaser arising from the aforesaid. SELLER SIGNED at on the day of 20 AS WITNESSES:
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Related to CONSENT BY PURCHASER TO PAY

  • Permitted Assignment by Seller Seller may (i) assign this Agreement without consent of Buyer to an Affiliate of Seller or a purchaser of all or substantially all of the Seller’s assets used in connection with performing this Agreement, upon a showing of the proposed assignee’s technical and financial capability to fulfill the requirements of Seller under this Agreement, as determined by Buyer in its reasonable discretion, or (ii) transfer, pledge, encumber or assign the Facility, this Agreement or the accounts, revenues or proceeds under the Agreement as security for the project financing associated with the Facility.

  • Amendment by Mutual Consent 55.01 It is agreed by the parties to this Agreement that any provision in this Agreement, other than the duration of agreement, may be amended by mutual consent of the Employer and the Union.

  • Deliveries by Seller At the Closing, Seller shall deliver, or cause to be delivered, to Buyer the following:

  • Assignment by Contractor With the prior written consent of DCYF’s Contract Administrator, which consent shall not be unreasonably withheld, the Contractor may assign this Contract including the proceeds hereof, provided that such assignment shall not operate to relieve the Contractor of any of its duties and obligations hereunder, nor shall such assignment affect any remedies available to DCYF that may arise from any breach of the sections of this Contract, or warranties made herein including but not limited to, rights of setoff.

  • Assignment by Lessor The terms and conditions of each Schedule have been fixed by Lessor in order to permit Lessor to sell and/or assign or transfer its interest or grant a security interest in each Schedule and/or the Equipment to a Secured Party or Assignee. In that event, the term Lessor will mean the Assignee and any Secured Party. However, any assignment, sale, or other transfer by Lessor will not relieve Lessor of its obligations to Lessee and will not materially change Lessee's duties or materially increase the burdens or risks imposed on Lessee. The Lessee consents to and will acknowledge such assignments in a written notice given to Lessee. Lessee also agrees that:

  • Payment by Check a. If You apply for and are accepted into Company’s check paying program, Company will issue You an invoice within the first five (5) calendar days of each calendar month. Each invoice will include an invoice processing fee of twenty-five dollars ($25). Payment by check must be received by the fifteenth (15th) calendar day of each month. Acceptance into and continued participation in Company’s check paying program will be at Company’s sole discretion.

  • Indemnity by Seller (a) Seller shall release, defend, indemnify and hold harmless Buyer, its directors, officers, agents, attorneys, representatives and Affiliates (“Buyer Group”) against and from any Indemnifiable Losses, which arise out of or relate to or are in any way connected with (i) the Seller’s delivery of the Product to Buyer, (ii) Seller’s or its Affiliates’ ownership, development, construction, operation and/or maintenance of the Project, including the Sites(s); (iii) Third Party Claims arising from Seller’s or its Affiliates’ actions or inactions, including Seller’s breach of this Agreement or other agreements related to the development, construction, ownership, operation or maintenance of the Project or Site; (iv) any environmental matters associated with the Project, including the disposal and transportation of Hazardous Substances by or on behalf of the Seller or at the Seller’s direction or agreement; (v) Third Party Claims arising under any agreement between Seller or its Affiliates ; or (vi) resulting from Seller’s or its Affiliates’ violation of any applicable Law, or requirements of Transmission Provider, Utility Distribution Company, NERC, WECC or Reliability Organization; in each case including any loss, claim, action or suit, for or on account of injury to, bodily or otherwise, or death of, persons, or for damage to or destruction or economic loss of property belonging to Xxxxx, Seller, Seller’s Affiliates, or others, excepting only such Indemnifiable Losses, to the extent solely caused by the willful misconduct or gross negligence of a member of the Buyer Group.

  • Termination by Seller This Agreement may be terminated at any time prior to the Closing by Seller, by written notice to Buyer:

  • Deliveries by Buyer At the Closing, Buyer shall deliver to Seller the following:

  • Required Consents No consent shall be required for any assignment except to the extent required by subsection (b)(i)(B) of this Section and, in addition:

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