Common use of No Nomination Charges for Parent, Spouse, Children Clause in Contracts

No Nomination Charges for Parent, Spouse, Children. Subject to the approval and acceptance of the Developer and subject to the above conditions, the Buyer shall be entitled to nominate, assign and/or transfer the Buyer's right, title, interest and obligations under this Agreement to parent, spouse and children without payment of the Transfer Charge. The Buyer admits and accepts that the Buyer shall not nominate or assign the rights under this Agreement save in the manner indicated above.

No Nomination Charges for Parent, Spouse, Children. Subject to the approval and acceptance of the Developer and subject to the above conditions, the Buyer shall be entitled to nominate, assign and/or transfer the Buyer's right, title, interest and obligations under this Agreement to parent, spouse and children without payment of the Transfer Chargeaforesaid transfer charge. The Buyer admits and accepts that the Buyer shall not nominate or assign the rights under this Agreement save in the manner indicated above.