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.

Appears in 100 contracts

Samples: Matter of Facilities Agreement and Assignment of Sale and Purchase Agreement, Sale and Purchase Agreement, Matter of Facilities 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. 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 41 contracts

Samples: Loan Agreement, Loan Agreement, 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. 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 8 contracts

Samples: Loan Agreement, Proclamation of Sale, Property Sale 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. 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: auctions.com.my

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