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.

Appears in 14 contracts

Samples: arnimapartments.co.za, arnimapartments.co.za, www.combineddevelopers.com

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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.

Appears in 4 contracts

Samples: arnimapartments.co.za, www.combineddevelopers.com, www.combineddevelopers.com

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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 unit 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 this date has arrived.

Appears in 3 contracts

Samples: Land Purchase Agreement, www.pamgolding.co.za, antonmulder.co.za

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