Common use of GOVERNMENT ACQUISITION Clause in Contracts

GOVERNMENT ACQUISITION. 18.1 The Bank has not received any notification of any acquisition by the acquiring authority of the whole or any part of the Property. In the event of any such acquisition or intended acquisition the sale of the Property shall not be annulled nor there be any adjustment or abatement of the Purchase Price. In this respect, upon full payment of the Purchase Price by the Purchaser to the Bank together with all interest on late payment (if any) all compensation which may be paid by the acquiring authority shall belong to the Purchaser.

Appears in 168 contracts

Samples: Proclamation of Sale, Master Facilities Agreement, Facilities Agreement

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GOVERNMENT ACQUISITION. 18.1 The Bank has not received any notification of any acquisition by the acquiring authority of the whole or any part of the PropertyProp erty. In the event of any such acquisition or intended acquisition the sale of the Property shall not be annulled nor there be any adjustment or abatement of the Purchase Price. In this respect, upon full payment of the Purchase Price by the Purchaser to the Bank together with all interest on late payment (if any) all compensation which may be paid by the acquiring authority shall belong to the Purchaser.

Appears in 5 contracts

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement, Facility Agreement, Facilities Agreement

GOVERNMENT ACQUISITION. 18.1 The Bank has not received any notification of any acquisition by the acquiring authority of the whole or any part of the Property. In the event of any such acquisition or intended acquisition the sale of the Property shall not be annulled nor there be any adjustment or abatement of the Purchase Price. In this respect, upon full payment of the Purchase Price by the Purchaser to the Bank together with all interest on late payment (if any) all compensation which may be paid by the acquiring authority shall belong to the Purchaser.

Appears in 4 contracts

Samples: Loan Agreement, Facilities Agreement, Musharakah Mutanaqisah Master Agreement

GOVERNMENT ACQUISITION. 18.1 The Bank has not received any notification of any acquisition by the acquiring authority of the whole or any part of the PropertyProp erty. In the event of any such acquisition or intended acquisition the sale of the Property shall not be annulled nor there be any adjustment or abatement of the Purchase Price. In this respect, upon full payment of the Purchase Price by the Purchaser to the Bank together with all interest inter est on late payment (if any) all compensation which may be paid by the acquiring authority shall belong to the Purchaser.

Appears in 3 contracts

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement, Facilities Agreement, Facilities Agreement and Assignment of Sale and Purchase Agreement

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GOVERNMENT ACQUISITION. 18.1 The Bank has not received any notification of any acquisition by the acquiring authority of the whole or any part of the Property. In the event of any such acquisition or intended acquisition the sale of the Property shall not be annulled nor there be any adjustment or abatement ab atement of the Purchase Price. In this respect, upon full payment of the Purchase Price by the Purchaser to the Bank together with all interest on late payment (if any) all compensation which may be paid by the acquiring authority shall belong to the Purchaser.

Appears in 1 contract

Samples: Facility Agreement and Assignment of Sale and Purchase Agreement

GOVERNMENT ACQUISITION. 18.1 The Bank has not received any notification of any acquisition by the acquiring authority of the whole or any part of the PropertyProp erty. In the event of any such acquisition or intended acquisition the sale of the Property shall not be annulled nor there be any adjustment or abatement of the Purchase Purchas e Price. In this respect, upon full payment of the Purchase Price by the Purchaser to the Bank together with all interest on late payment (if any) all compensation which may be paid by the acquiring authority shall belong to the Purchaser.

Appears in 1 contract

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement

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