Common use of Foreign Investment Review Board Clause in Contracts

Foreign Investment Review Board. The purchaser warrants that the provisions of the Foreign Acquisitions and Takeovers Act 1975 (C'th) do not require the purchaser to obtain consent to enter this contract. If there is a breach of any such warranty (whether intentional or not) the purchaser must indemnify and compensate the vendor for any loss, damage or cost which the vendor incurs as a result of the breach. This warranty and indemnity do not merge on completion of this contract.

Appears in 4 contracts

Samples: Contract of Sale of Real Estate, Contract of Sale of Real Estate, Contract of Sale of Real Estate

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Foreign Investment Review Board. The purchaser warrants that the provisions of the Foreign Acquisitions and Takeovers Act 1975 (C'th) do not require the purchaser to obtain consent to enter this contract. If there is a breach of any such warranty (whether intentional or not) the purchaser must indemnify and compensate the vendor for any loss, damage or cost which the vendor incurs as a result of the breach. This warranty and indemnity do not merge on completion of this contract.

Appears in 1 contract

Samples: Contract of Sale

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