Common use of LOAN FINANCE Clause in Contracts

LOAN FINANCE. 3.2.1 In the event of the Purchaser requiring loan finance for the acquisition of the Subject Matter, this sale shall be subject to the condition precedent that the Purchaser is offered a loan by a recognised financial institution in the amount and by the date as specified in the Schedule, on the institution's usual terms and conditions relating to such loans (which may include the signing of suretyships).

Appears in 1 contract

Samples: Agreement of Sale

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LOAN FINANCE. 3.2.1 3.1.1 In the event of the Purchaser requiring loan bond finance for the acquisition of the Subject MatterSection, this sale shall be subject to the condition precedent that the Purchaser is offered a loan by a recognised financial institution in the amount and by the date as specified in the Schedule, on the institution's usual terms and conditions relating to such loans (which may include the signing of suretyshipsSuretyships).

Appears in 1 contract

Samples: Agreement of Sale

LOAN FINANCE. 3.2.1 In the event of the Purchaser requiring loan finance for the acquisition of the Subject Matter, this sale shall be subject to the condition precedent that the Purchaser is offered a loan by a recognised financial institution in the amount and by the date as specified in the Schedule, on the institution's usual terms and conditions relating to such loans (which may include the signing of suretyships). The Parties agree that the Seller shall be entitled to extend the aforesaid date with a further 30 (thirty) calendar days with written notice to the Purchaser.

Appears in 1 contract

Samples: Agreement of Sale

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LOAN FINANCE. 3.2.1 3.1.1 In the event of the Purchaser requiring loan finance for the acquisition of the Subject Matter, this sale shall be subject to the condition precedent that the Purchaser is offered a loan by a recognised financial institution in the amount and by the date as specified in the Schedule, on the institution's usual terms and conditions relating to such loans (which may include the signing of suretyships). The Parties agree that the Seller shall be entitled to extend the aforesaid date with a further 30 (thirty) calendar days with written notice to the Purchaser.

Appears in 1 contract

Samples: Agreement of Sale

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