Common use of Resales Clause in Contracts

Resales. 20.1 Until such time as the Seller has sold all the plots in the development, the Purchaser is not allowed to sell or in any way dispose of the 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.

Appears in 14 contracts

Samples: www.pamgolding.co.za, www.pamgolding.co.za, thekingsley.co.za

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Resales. 20.1 21.1 Until such time as the Seller has sold all the plots in the development, the Purchaser is not allowed to sell or in any way dispose of the 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.

Appears in 3 contracts

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

Resales. 20.1 37.1 Until such time as the Seller has sold all the plots in the development, the Purchaser is not allowed to sell or in any way dispose of the 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.

Appears in 2 contracts

Samples: www.combineddevelopers.com, www.combineddevelopers.com

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Resales. 20.1 21.1 Until such time as the Seller has sold all the plots in the developmentDevelopment, the Purchaser is not allowed to sell or in any way dispose of the 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.

Appears in 1 contract

Samples: lapiron.co.za

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