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.
Appears in 76 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
PERMITTED PURCHASER. 7.1 Notwithstanding 6.1 Nothwithstanding whether it is expressly stated in the Proclamation of Sale, in the event that the Developer developer of the property (“The Developer”) and /or and/or the Proprietor 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 e.g. Malay, a Bumiputra or a Malay Company or Bumiputra Company (“The Permitted Permittted Purchaser”), than the property shall only be sold to the he permitted Purchaserpurchaser.
Appears in 28 contracts
Samples: Proclamation of Sale, Proclamation of Sale, Proclamation of Sale
PERMITTED PURCHASER. 7.1 6.1 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.
Appears in 4 contracts
Samples: Proclamation of Sale, Loan Agreement, Loan Agreement
PERMITTED PURCHASER. 7.1 Notwithstanding whether it is expressly stated in the Proclamation of Sale, in the event that the Developer developer of the property (“The Developer”) and /or and/or the Proprietor 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 Purchaserpurchaser.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement, Proclamation of Sale
PERMITTED PURCHASER. 7.1 Notwithstanding whether it is expressly stated in the Proclamation of Sale, in the event that the Developer developer of the property (“The Developer”) and /or and/or the Proprietor 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 Purchaserpurchaser. permitted purchase.
Appears in 2 contracts
Samples: Loan Agreement, Proclamation of Sale
PERMITTED PURCHASER. 7.1 Notwithstanding 6.1 Nothwithstanding whether it is expressly stated in the Proclamation of Sale, in the event that the Developer developer of the property (“The Developer”) and /or and/or the Proprietor 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 e.g. Malay, a Bumiputra or a Malay Company or Bumiputra Company (“The Permitted Purchaser”), than the property shall only be sold to the he permitted Purchaserpurchaser.
Appears in 1 contract
Samples: Matter of Loan Agreement
PERMITTED PURCHASER. 7.1 6.1 Notwithstanding whether it is expressly stated in the Proclamation of Sale, in the event that the Developer of the property Property (hereinafter called “The the Developer”) and /or and/or the Proprietor of the master title on which the property Property is erected (hereinafter referred to as “The the Proprietor/Landowner”) or applicable laws or regulations affecting the property Property imposes the conditions that the property Property can only be sold to an individual, or certain category of persons or corporate body, e.g e.g. Malay, a Bumiputra or a Malay Company or Bumiputra Company (hereinafter called “The the Permitted Purchaser”), than the property Property shall only be sold to the permitted Permitted Purchaser.; and
Appears in 1 contract
Samples: Sale and Purchase Agreement