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 166 contracts
Sources: Proclamation of Sale, Proclamation of Sale, Master Facilities 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 71 contracts
Sources: Loan Agreement, Loan Agreement, Proclamation of Sale
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
Sources: 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
Sources: 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
Sources: 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
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
Sources: Facilities Agreement and Assignment of Sale and Purchase 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 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
Sources: Proclamation of Sale