Common use of DESCRIPTION OF THE PROPERTY Clause in Contracts

DESCRIPTION OF THE PROPERTY. 14.1 The property as referred to in the Proclamation of Sale shall be deemed to have been correctly and sufficiently described. 14.2 All potential bidders shall be deemed to have sought independent legal advice, made necessary enquires, searches and inspection of the property and is satisfied with the identity, description, state and condition of the property. 14.3 In the event of any error, mis-statement, omission and/or mis-description of any kind relating to the property in the Proclamation of Sale or any other documents, such error, mis-statement, omission and/or mis-description shall not in any manner annul the sale, nor shall there be and adjustment of the Purchase Price nor shall compensation be allowed nor shall MBSB be open to any liability of any form.

DESCRIPTION OF THE PROPERTY. 14.1 The property as referred to in the Proclamation of Sale shall be deemed to have been correctly and sufficiently described. 14.2 All potential bidders shall be deemed to have sought independent legal advice, made necessary enquires, searches and inspection of the property and is satisfied with the identity, description, state and condition of the property. 14.3 In the event of any error, mis-statement, omission and/or mis-description of any kind relating to the property in the Proclamation of Sale or any other documents, such error, mis-statement, omission and/or mis-description shall not in any manner annul the sale, nor shall there be and adjustment of the Purchase Price nor shall compensation be allowed nor shall MBSB ABB be open to any liability of any form.

DESCRIPTION OF THE PROPERTY. 14.1 The property as referred to in the Proclamation of Sale shall be deemed to have been correctly and sufficiently described. 14.2 All potential bidders shall be deemed to have sought independent legal advice, made necessary enquires, searches and inspection of the property and is satisfied with the identity, description, state and condition of the property. 14.3 In the event of any error, mis-statement, omission and/or mis-description of any kind relating to the property in the Proclamation of Sale or any other documents, such error, mis-statement, omission and/or mis-description shall not in any manner annul the sale, nor shall there be and adjustment of the Purchase Price nor shall compensation be allowed nor shall MBSB be open to any liability of any form.