Common use of Resales Clause in Contracts

Resales. 29.1 Until such time as the Seller has sold all the units in the development, the Purchaser is not allowed to sell or in any way dispose of the unit/s purchased in this agreement, except in favour of the Bank where the Purchaser has breached the loan agreement with the Bank. The Seller may however give the Purchaser written authority to sell before that date has arrived. 29.2 The Purchaser shall ensure and warrants that any subsequent agreement relating to the sale, alienation or disposal of the unit, shall contain this clause. Notwithstanding any such resale, the Purchaser shall ensure that his guarantees (or finances) shall remain available and in place at all times, and shall be obliged to take transfer of his unit. The Purchaser shall not be entitled to pass transfer to his purchaser simultaneously when taking transfer his unit.

Resales. 29.1 30.1 Until such time as the Seller has sold all the units in the development, the Purchaser is not allowed to sell or in any way dispose of the unit/s purchased in this agreement, except in favour of the Bank where the Purchaser has breached the loan agreement with the Bank. The Seller may however give the Purchaser written authority to sell before that date has arrived. 29.2 30.2 The Purchaser shall ensure and warrants that any subsequent agreement relating to the sale, alienation or disposal of the unit, shall contain this clause. Notwithstanding any such resale, the Purchaser shall ensure that his guarantees (or finances) shall remain available and in place at all times, and shall be obliged to take transfer of his unit. The Purchaser shall not be entitled to pass transfer to his purchaser simultaneously when taking transfer his unit.

Resales. 29.1 Until such time as the Seller has sold all the units in the development, the Purchaser is not allowed to sell or in any way dispose of the unit/s purchased in this agreement, except in favour of the Bank where the Purchaser has breached the loan agreement with the Bank. The Seller may however give the Purchaser written authority to sell before that date has arrived. 29.2 The Purchaser shall ensure and warrants that any subsequent agreement relating to the sale, alienation or disposal of the unit, shall contain this clause. Notwithstanding any such resale, the Purchaser shall ensure that his guarantees (or finances) shall remain available and in place at all times, and shall be obliged to take transfer of his unit. The Purchaser shall not be entitled to pass transfer to his purchaser simultaneously when taking transfer of his unit.

Resales. 29.1 21.1 Until such time as the Seller has sold all the units plots in the developmentDevelopment, the Purchaser is not allowed to sell or in any way dispose of the unit/s plot purchased in this agreement, except in favour of the Bank where the Purchaser has breached the loan agreement with the Bank. The Seller may however give the Purchaser written authority to sell before that date has arrived. 29.2 21.2 The Purchaser shall ensure and warrants that any subsequent agreement relating to the sale, alienation or disposal of the unitplot, shall contain this clause. Notwithstanding any such resale, the Purchaser shall ensure that his guarantees (or finances) shall remain available and in place at all times, and shall be obliged to take transfer of his unitplot. The Purchaser shall not be entitled to pass transfer to his purchaser simultaneously when taking transfer of his unitplot.

Resales. 29.1 Until such time as the Seller developer has sold all the units properties in the development, the Purchaser is not allowed to sell or in any way dispose of the unit/s Property purchased in this agreement, except in favour of the Bank where the Purchaser has breached the loan agreement with the Bank. The Seller may however give the Purchaser written authority to sell before that date has arrived. 29.2 The Purchaser shall ensure and warrants that any subsequent agreement relating to the sale, alienation or disposal of the unitproperty, shall contain this clause. Notwithstanding any such resale, the Purchaser shall ensure that his guarantees (or finances) shall remain available and in place at all times, and shall be obliged to take transfer of his unitplot. The Purchaser shall not be entitled to pass transfer to his purchaser simultaneously when taking transfer his unitplot.

Resales. 29.1 30.1 Until such time as the Seller has sold all the units in the development, the Purchaser is not allowed to sell or in any way dispose of the unit/s purchased in this agreement, except in favour of the Bank where the Purchaser has breached the loan agreement with the Bank. The Seller may however give the Purchaser written authority to sell before that date has arrived. 29.2 30.2 The Purchaser shall ensure and warrants that any subsequent agreement relating to the sale, alienation or disposal of the unit, shall contain this clause. Notwithstanding any such resale, the Purchaser shall ensure that his guarantees (or finances) shall remain available and in place at all times, and shall be obliged to take transfer of his unit. The Purchaser shall not be entitled to pass transfer to his purchaser simultaneously when taking transfer of his unit.

Resales. 29.1 22.1 Until such time as the Seller has sold all the units Properties in the development, the Purchaser is not allowed to sell or in any way dispose of the unit/s Property purchased in this agreement, except in favour of the Bank where the Purchaser has breached the loan agreement with the Bank. The Seller may however give the Purchaser written authority to sell before that date has arrived. 29.2 22.2 The Purchaser shall ensure and warrants that any subsequent agreement relating to the sale, alienation or disposal of the unitProperty, shall contain this clause. Notwithstanding any such resale, the Purchaser shall ensure that his guarantees (or finances) shall remain available and in place at all times, and shall be obliged to take transfer of his unitpurchased Property. The Purchaser shall not be entitled to pass transfer to his purchaser simultaneously when taking transfer his unitpurchased Property.