Common use of Interpretation and Introduction Clause in Contracts

Interpretation and Introduction. 1.1 Any reference to - 1.1.1 The one gender shall include the other gender. 1.1.2 Natural persons shall include legal persons and vice versa. 1.1.3 The singular shall include the plural and vice versa. 1.1.4 References to the Executor, Trustee or Liquidator shall include the Provisional Trustee or Provisional Liquidator. 1.2 In the event of this contract not arising from a public auction but as private treaty, then all references to this Conditions of Sale shall adopt equivalent to a Deed of Sale considering the following attributes: 1.2.1 AUCTIONEER shall be deemed to refer to as the AGENT. 1.2.2 AUCTIONEER’S commission shall be deemed to refer to as AGENT’S commission. 1.2.3 Bid shall be deemed to refer to purchase price; and all the other clauses shall be applicable as if incorporated in the agreement. 1.3 If these Conditions of Sale should arise from a public auction, it will incorporate the Rule of Auction which are available at xxx.xxxxxxx.xx.xx as well as at the offices of Tirhani Auctioneers Gauteng CC: 0 Xxxxxx Xxxxx, Xxxxxx Xxxxxxxxx Xxxxxx, Eastgate Ext 4, Sandton.

Appears in 1 contract

Samples: Agreement and Conditions of Sale

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