Common use of NO ASSIGNMENT/NOMINATION Clause in Contracts

NO ASSIGNMENT/NOMINATION. 17.1 The Purchaser shall not without the written consent of the Bank, be entitled to nominate a third party to be the purchaser or assignee of the Property nor shall the Purchaser be entitled to assign his rights, title, interest and benefits under the Contract of Sale to any party. 17.2 The Bank’s decision to withhold or to grant the consent or to permit or disallow nomination and/or assignment by the Purchaser shall be at the absolute discretion of the Bank.

Appears in 159 contracts

Samples: Proclamation of Sale, Facilities Agreement, Facility Agreement

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NO ASSIGNMENT/NOMINATION. 17.1 21.1 The Purchaser shall not without the written consent of the Bank, be entitled to nominate a third party to be the purchaser or assignee Assignee/Bank of the Property nor shall the Purchaser be entitled to assign his rights, title, interest and benefits under the Contract of Sale to any party. 17.2 . The Bank’s decision to withhold or to grant the consent or to permit or disallow nomination and/or assignment by the Purchaser shall be at the absolute discretion of the Bank.

Appears in 67 contracts

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

NO ASSIGNMENT/NOMINATION. 17.1 21.1 The Purchaser shall not without the written consent of the Bank, be entitled to nominate a third party to be the purchaser or assignee assignee/Bank of the Property nor shall the Purchaser be entitled to assign his rights, title, interest and benefits under the Contract of Sale to any party. 17.2 . The Bank’s decision to withhold or to grant the consent or to permit or disallow nomination and/or assignment by the Purchaser shall be at the absolute discretion of the Bank.

Appears in 9 contracts

Samples: Property Sale Agreement, Property Sale Agreement, Loan Agreement

NO ASSIGNMENT/NOMINATION. 17.1 The Purchaser shall not without the written consent of the Bank, be entitled to nominate a third party to be the purchaser or assignee of the Property nor shall the Purchaser be entitled to assign his rights, title, interest and benefits under the Contract of Sale to any party. 17.2 The Bank’s decision to withhold or to grant the consent or to permit or disallow nomination and/or assignment by the Purchaser Purchase r shall be at the absolute discretion of the Bank.

Appears in 7 contracts

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement, Facilities Agreement Musharakah Mutanaqisah, Facilities Agreement and Assignment of Sale and Purchase Agreement

NO ASSIGNMENT/NOMINATION. 17.1 The Purchaser shall not without the written consent of the Bank, be entitled to nominate a third party to be the purchaser or assignee of the Property nor shall the Purchaser be entitled to assign his rights, title, interest and benefits under the Contract of Sale to any party. 17.2 The Bank’s 's decision to withhold or to grant the consent or to permit or disallow nomination and/or assignment by the Purchaser shall be at the absolute discretion of the Bank.

Appears in 3 contracts

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement, Facilities Agreement and Assignment of Sale and Purchase Agreement, Facilities Agreement and Assignment of Sale and Purchase Agreement

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NO ASSIGNMENT/NOMINATION. 17.1 21.1 The Purchaser shall not without the written consent of the Bank, be entitled to nominate a third party to be the purchaser or assignee Assignee of the Property nor shall the Purchaser be entitled to assign his rights, title, interest and benefits under the Contract of Sale to any party. 17.2 . The Bank’s decision to withhold or to grant the consent or to permit or disallow nomination and/or assignment by the Purchaser shall be at the absolute discretion of the Bank.

Appears in 1 contract

Samples: Proclamation of Sale

NO ASSIGNMENT/NOMINATION. 17.1 The Purchaser shall not without the written consent of the Bank, be entitled to nominate a third party to be the purchaser or assignee of the Property nor shall the Purchaser be entitled to assign his rights, title, interest and benefits under the Contract of Sale to any party. 17.2 The Bank’s decision to withhold or to grant the consent or to permit or disallow nomination and/or assignment by the Purchaser Purch aser shall be at the absolute discretion of the Bank.

Appears in 1 contract

Samples: Facilities Agreement and Assignment of Sale and Purchase Agreement

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