Common use of GOVERNMENT ACQUISITION Clause in Contracts

GOVERNMENT ACQUISITION. 22.1 MBSB BANK BERHAD 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 any adjustment or abatement of the Purchase Price. In this respect, upon the full payment of the Purchase Price by the Purchaser to the bank together with all late payment compensation (if any) all compensation, which may be paid by the acquiring authority, shall belong to the Purchaser.

Appears in 67 contracts

Samples: Deed of Assignment, Proclamation of Sale, Loan Agreement

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GOVERNMENT ACQUISITION. 22.1 19.1 MBSB BANK BERHAD 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 any adjustment or abatement of the Purchase Price. In this respect, upon the full payment of the Purchase Price by the Purchaser to the bank together with all interest on late payment compensation (if any) all compensation, which may be paid by the acquiring authority, authority shall belong to the Purchaser.

Appears in 57 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

GOVERNMENT ACQUISITION. 22.1 MBSB BANK BERHAD 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 any adjustment or abatement of the Purchase Price. In this respect, upon the full payment of the Purchase Price by the Purchaser to the bank together with all interest on late payment compensation (if any) all compensation, which may be paid by the acquiring authority, authority shall belong to the Purchaser.

Appears in 22 contracts

Samples: Proclamation of Sale, Proclamation of Sale, Property Sale Agreement

GOVERNMENT ACQUISITION. 22.1 MBSB BANK BERHAD 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 any adjustment or abatement of the Purchase Price. In this respect, upon the full payment of the Purchase Price by the Purchaser to the bank MBSB BANK BERHAD together with all late payment compensation (if any) all compensation, which may be paid by the acquiring authority, authority shall belong to the Purchaser.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Property Sale Agreement

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GOVERNMENT ACQUISITION. 22.1 19.1 MBSB BANK BERHAD 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 any adjustment or abatement of the Purchase Price. In this respect, upon the full payment of the Purchase Price by the Purchaser to the bank together with all interest on late payment compensation (if any) all compensation, which may be paid by the acquiring authority, authority shall belong to the Purchaser.

Appears in 2 contracts

Samples: Property Sale Agreement, Loan Agreement

GOVERNMENT ACQUISITION. 22.1 MBSB BANK BERHAD 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 any adjustment or abatement of the Purchase Price. In this respect, upon the full payment of the Purchase Price by the Purchaser to the bank MBSB together with all interest on late payment compensation (if any) all compensation, which may be paid by the acquiring authority, authority shall belong to the Purchaser.

Appears in 1 contract

Samples: Loan Agreement

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