On Or Before The Completion Date. Within ninety (90) days from the date of successful sale (the expiry date of which period referred to as “the Completion Date”), the Purchaser shall deposit with the Assignee’s Solicitors simultaneously:-
On Or Before The Completion Date. Within ninety (90) days from the date of successful sale (the expiry date of which period is referred to as the "Completion Date"), the Purchaser shall deposit with the Assignee/Bank Solicitors simultaneously:-
(a) the balance of the Purchase Price ("Balance Sum") together with the tax under the SST (if applicable) either [ by way of IBG/XXXXXX or a bank draft or a cashier order] crossed "A/C PAYEE ONLY" made payable to ALLIANCE BANK MALAYSIA BERHAD. For payment vide IBG/XXXXXX must be made accompanied with the following details:- ; and
(i) Account Number : 120150010132843
(ii) Account Name : CONSUMER IBG COLLECTIONS A/C
(iii) Reference : Auction Proceeds / Chew Xx Xxx / 760718-10-5306
(b) a copy each of the requisite consents or confirmations (as the case may be) of the Developer and/or Proprietor and/or State Authorities and/or other relevant bodies approving the sale (including transfer or assignment) in favour of the Purchaser, if necessary and/or required, subject firstly to the Assignee/Bank being satisfied with the conditions if imposed, otherwise the Assignee/Bank may elect to terminate the sale under Clause 10.
On Or Before The Completion Date. (a) the Original Borrower shall pay to the Facility Agent (for the account of the Lenders) a work fee of two hundred and fifty thousand Dollars ($250,000);
(b) the Original Borrower shall procure that FLY provides a duly executed Letter of Comfort to the Security Trustee;
(c) the Original Borrower shall deliver or cause to be delivered to the Facility Agent a certified true copy of the Lease Management Agreement.
On Or Before The Completion Date. Within ninety (90) days from the date of successful sale (the expiry date of which period is referred to as the "Completion Date"), the Purchaser shall deposit with the Assignee/Assignee's Solicitors simultaneously:-
(a) the balance of the Purchase Price i.e. a sum equivalent to 90% of the Purchase Price ("Balance Sum") together or any other tax that replace SST (if applicable) either [ by way of IBG/XXXXXX or a bank draft ] crossed "A/C PAYEE ONLY" made payable to ALLIANCE BANK MALAYSIA BERHAD. For payment vide IBG/XXXXXX must be made accompanied with the following details:- ; and IBG/XXXXXX Payment Details (i) Account Number 120150010132843 (ii) Account Name : CONSUMER IBG COLLECTIONS A/C (iii) Reference : Auction Proceeds/Assignor Name/Assignor NRIC number The Assignee or the solicitors for the Assignee will not be responsible for any delay/costs arising from incorrect/incomplete/omission of IBG/XXXXXX remittance payment details. Upon payment via IBG/XXXXXX, the Purchaser shall immediately forward the IBG/XXXXXX Credit Payment Advice with the details above to the Assignee or to the Solicitors for the Assignee.
(b) a copy each of the requisite consents or confirmations (as the case may be) of the Developer and/or Proprietor and/or State Authorities and/or other relevant bodies approving the sale (including transfer or assignment) in favour of the Purchaser, if necessary and/or required, subject firstly to the Assignee being satisfied with the conditions if imposed, otherwise the Assignee may elect to terminate the sale under Clause 10.
On Or Before The Completion Date. Within ninety (90) days from the date of successful sale (the expiry date of which period is referred to as the "Completion Date"), the Purchaser shall deposit with the Assignee/Bank Solicitors simultaneously:-
(a) the balance of the Purchase Price ("Balance Sum") together with the tax under the SST (if applicable) either [ by way of IBG/XXXXXX or a bank draft or a cashier order] crossed "A/C PAYEE ONLY" made payable to ALLIANCE BANK MALAYSIA BERHAD. For payment vide IBG/XXXXXX must be made accompanied with the following details:- ; and
