Common use of RESOLUTIVE CONDITION Clause in Contracts

RESOLUTIVE CONDITION. It is recorded that the Purchaser hereby accepts that the viability of the Development Scheme is dependent on the response by the public to the marketing campaign. Accordingly, this entire contract, when accepted by the signature of the Seller, shall be subject to the resolutive condition that should the Seller not be able to conclude sufficient satisfactory agreements of sale with third parties, in the absolute discretion of the Seller, on or before the end of MAY 2021, this contract shall become null and void ab initio and of no further force or effect. For purposes of the interpretation of this clause, the meaning an interpretation of “enough satisfactory agreements” shall be in the absolute discretion of the Seller. The Seller to advise the Purchaser within 3 (three) months from the end of MAY 2021 that no enough satisfactory agreements have been concluded and that the agreement has been terminated, by failure whereof it will be regarded that this resolutive condition has either not been fulfilled or has been waived by the Seller.

RESOLUTIVE CONDITION. It is recorded that the Purchaser hereby accepts that the viability of the Development Scheme housing development scheme is dependent on the response by the public to the marketing campaign. Accordingly, this entire contract, when accepted by the signature of the Seller, shall be subject to the resolutive condition that should the Seller not be able to conclude sufficient satisfactory agreements of sale with third parties, parties in the absolute discretion of the Seller, Seller on or before the end of MAY 2021, December 2013 this contract shall become null and void ab initio and of no further force or effect. For purposes of the interpretation of this clause, the meaning an and interpretation of “enough satisfactory agreements” shall be in the absolute discretion of the Seller. The Seller to advise the Purchaser within 3 (three) months from the end of MAY 2021 December 2013 that no not enough satisfactory agreements have been concluded and that the agreement has been terminated, by failure whereof it will be regarded that this resolutive condition has either not been fulfilled or has been waived by the Seller.

RESOLUTIVE CONDITION. It is recorded that the Purchaser hereby accepts that the viability of the Development Scheme is dependent on the response by the public to the marketing campaign. Accordingly, this entire contract, when accepted by the signature of the Seller, shall be subject to the resolutive condition that should the Seller not be able to conclude sufficient satisfactory agreements of sale with third parties, parties in the absolute discretion of the Seller, Seller on or before the end of MAY 2021, March 2018 this contract shall become null and void ab initio and of no further force or effect. For purposes of the interpretation of this clause, the meaning an and interpretation of “enough satisfactory agreements” shall be in the absolute discretion of the Seller. The Seller to advise the Purchaser within 3 (three) months from the end of MAY 2021 March 2018 that no not enough satisfactory agreements have been concluded and that the agreement has been terminated, by failure whereof it will be regarded that this resolutive condition has either not been fulfilled or has been waived by the Seller.

RESOLUTIVE CONDITION. It is recorded that the Purchaser hereby accepts that the viability of the Development Scheme is dependent on the response by the public to the marketing campaign. Accordingly, this entire contract, when accepted by the signature of the Seller, shall be subject to the resolutive condition that should the Seller not be able to conclude sufficient satisfactory agreements of sale with third parties, in the absolute discretion of the Seller, on or before the end of MAY 2021_, this contract shall become null and void ab initio and of no further force or effect. For purposes of the interpretation of this clause, the meaning an interpretation of “enough satisfactory agreements” shall be in the absolute discretion of the Seller. The Seller to advise the Purchaser within 3 (three) months from f rom the end of MAY 2021 that no enough satisfactory agreements have been concluded and that the agreement has been terminated, by failure whereof it will be regarded that this resolutive condition has either not been fulfilled fulf illed or has been waived by the Seller.

RESOLUTIVE CONDITION. It is recorded that the Purchaser hereby accepts that the viability of the Development Scheme is dependent on the response by the public to the marketing campaign. Accordingly, this entire contract, when accepted by the signature of the Seller, shall be subject to the resolutive condition that should the Seller not be able to conclude sufficient satisfactory agreements of sale with third parties, in the absolute discretion of the Seller, on or before the end of MAY 2021, this contract shall become null and void ab initio and of no further force or effect. For purposes of the interpretation of this clause, the meaning an interpretation of “enough satisfactory agreements” shall be in the absolute discretion of the Seller. The Seller to advise the Purchaser within 3 (three) months from the end of MAY 2021 that no enough satisfactory agreements have been concluded and that the agreement has been terminated, by failure whereof it will be regarded that this resolutive condition has either not been fulfilled or has been waived by the Seller.

RESOLUTIVE CONDITION. It is recorded that the Purchaser hereby accepts that the viability of the Development Scheme is dependent on the response by the public to the marketing campaign. Accordingly, this entire contract, when accepted by the signature of the Seller, shall be subject to the resolutive condition that should the Seller not be able to conclude sufficient satisfactory agreements of sale with third parties, parties in the absolute discretion of the Seller, Seller on or before the end of MAY 2021, July 2016 this contract shall become null and void ab initio and of no further force or effect. For purposes of the interpretation of this clause, the meaning an and interpretation of “enough satisfactory agreements” shall be in the absolute discretion of the Seller. The Seller to advise the Purchaser within 3 (three) months from the end of MAY 2021 July 2016 that no not enough satisfactory agreements have been concluded and that the agreement has been terminated, by failure whereof it will be regarded that this resolutive condition has either not been fulfilled or has been waived by the Seller.