Common use of LETTER OF UNDERTAKING Clause in Contracts

LETTER OF UNDERTAKING. 12.1 ABB shall be under no obligation to issue any letter of undertaking relating to refund of the Purchase Price or relating to the property to any financier of the Purchaser notwithstanding that the Purchaser may obtain a loan facilities to finance the purchase of the property. In the event ABB 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 does not amount to any waiver, forbearance or estoppel of any right confers to ABB herein.

Appears in 4 contracts

Samples: Proclamation of Sale, Proclamation of Sale, Proclamation of Sale

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