Common use of LETTER OF UNDERTAKING Clause in Contracts

LETTER OF UNDERTAKING. 14.1 MBSB BANK BERHAD shall not be under obligation to issue any letter of undertaking relating to the refund of the Purchase Price or relating to the property to any financier of the Purchaser notwithstanding that the Purchaser may obtain a loan/financing facility to finance the purchase of the property. In the event MBSB BANK BERHAD decided to issue any letter of undertaking as requested, the issuance of such undertaking is confine strictly to the content of the letter of undertaking and does not amount to any waiver, forbearance or estoppel of any right confers to MBSB BANK BERHAD herein.

Appears in 65 contracts

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

AutoNDA by SimpleDocs

LETTER OF UNDERTAKING. 14.1 MBSB BANK BERHAD shall not be under obligation to issue any letter of undertaking relating to the refund of the Purchase Price or relating to the property to any financier of the Purchaser notwithstanding that the Purchaser may obtain a loan/financing loan facility to finance the purchase of the property. In the event MBSB BANK BERHAD decided to issue any letter of undertaking as requested, the issuance of such undertaking is confine strictly to the content of the letter of undertaking and does not amount to any waiver, forbearance or estoppel of any right confers to MBSB BANK BERHAD herein.

Appears in 22 contracts

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

AutoNDA by SimpleDocs

LETTER OF UNDERTAKING. 14.1 12.1 MBSB BANK BERHAD shall not be under obligation to issue any letter of undertaking relating to the refund of the Purchase Price or relating to the property to any financier of the Purchaser notwithstanding that the Purchaser may obtain a loan/financing facility loan facilities to finance the purchase of the property. In the event MBSB BANK BERHAD decided to issue any letter of undertaking as requested, the issuance of such undertaking is confine strictly to the content of the letter of undertaking and does not amount to any waiver, forbearance or estoppel of any right confers to MBSB BANK BERHAD herein.

Appears in 2 contracts

Samples: Property Sale Agreement, Loan Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!