PERMITTED PURCHASER. A person is only allowed to bid and or purchase the Property subject to the following:-
5.1 A person who has not reached the age of majority as defined under the Age of Majority Act 1971 (Act 21) (which is 18 years of age) as at the date of the Auction Sale or an undischarged bankrupt shall not be permitted to bid in his personal capacity or act as Agent of the Principal at the Auction Sale.
5.2 Notwithstanding whether it is expressly stated in the Proclamation of Sale, in the event that the developer of the Property (`the Developer’) and/or the proprietor of the master title on which the Property is erected (`the Proprietor/Landowner’) or applicable laws or regulations affecting the Property imposes the condition that the Property can only be sold to an individual or certain categories of persons or body corporate e.g. a Malay, a Bumiputra or a Malay Company or Bumiputra Company (`the Purchaser’), then the Property shall only be sold to the Purchaser.
5.3 All intending bidders at the Auction Sale shall be deemed to have made all the relevant enquiries and have received independent legal advice on all restrictions affecting the Property and are further deemed to have been fully satisfied that they fall within the category of the Purchaser.
5.4 If the sale is restricted to individual and not to be sold to company, society, firm or body corporate as specified by the Developer and/or Proprietor and/or State Authorities and/or relevant bodies, the Property shall be sold to the individual person only.
PERMITTED PURCHASER. 7.1 Notwithstanding whether it is expressly stated in the Proclamation of Sale, in the event that the Developer of the property (“The Developer”) and /or the Proprietor of the master title on which the property is erected (“The Proprietor/Landowner”) or applicable laws or regulations affecting the property imposes the conditions that the property can only be sold to an individual, or certain category of persons or corporate body, e.g Malay, a Bumiputra or a Malay Company or Bumiputra Company (“The Permitted Purchaser”), than the property shall only be sold to the permitted Purchaser.
7.2 All intending bidders at the auction sale shall be deemed to have made all the relevant enquiries and have received independent legal advice on all restrictions affecting the property and are further deemed to have been fully satisfied that they fall within the category of the permitted purchase.
PERMITTED PURCHASER. 6.1 Nothwithstanding whether it is expressly stated in the Proclamation of Sale, in the event that the developer of the property (“The Developer”) and/or the proprietor of the master title on which the property is erected (“The Proprietor/Landowner”) or applicable laws or regulations affecting the property imposes the conditions that the property can only be sold to an individual, or certain category of persons or corporate body,
PERMITTED PURCHASER. A person is only allowed to bid and or purchase the Property subject to the following:-
5.1 A person who has not reached the age of majority as defined under the Age of Majority Act 1971 (Act
PERMITTED PURCHASER. 7.1 Notwithstanding whether it is expressly stated in the Proclamation of Sale, in the event that the developer of the property (“The Developer”) and/or the proprietor of the master title on which the property is erected (“The Proprietor/Landowner”) or applicable laws or regulations affecting the property imposes the conditions that the property can only be sold to an individual, or certain category of persons or corporate body, e.g Malay, a Bumiputra or a Malay Company or Bumiputra Company (“The Permitted Purchaser”), than the property shall only be sold to the permitted purchaser. permitted purchase.
PERMITTED PURCHASER. 30 7155 Lindell Road Xxx Vegas, Nevada Nevada Power Company PERMITTED USES............................................................. 2
PERMITTED PURCHASER. 6.1 Notwithstanding whether it is expressly stated in the Proclamation of Sale, in the event that the Developer of the Property (hereinafter called “the Developer”) and/or the Proprietor of the master title on which the Property is erected (hereinafter referred to as “the Proprietor/Landowner”) or applicable laws or regulations affecting the Property imposes the conditions that the Property can only be sold to an individual, or certain category of persons or corporate body, e.g. Malay, a Bumiputra or a Malay Company or Bumiputra Company (hereinafter called “the Permitted Purchaser”), than the Property shall only be sold to the Permitted Purchaser; and
6.2 All intending bidders at the Auction Sale shall be deemed to have made all the relevant enquiries and have received independent legal advice on all restrictions affecting the property and are further deemed to have been fully satisfied that they fall within the category of the Permitted Purchase.
PERMITTED PURCHASER. Notwithstanding anything to the contrary set forth in this Article 30, Tenant may, only in connection with Tenant's structuring of a synthetic lease or a similar financing vehicle, designate another entity, whether or not affiliated with Tenant, to take title to the Project at the Closing Date. In no event shall Tenant be permitted to assign the right of first offer set forth in this Article 30 to any person or entity other than a party facilitating a synthetic lease (or similar financing vehicle) for Tenant ("PERMITTED PURCHASER").
