Common use of Right to Terminate Sale Clause in Contracts

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 380 contracts

Samples: Composite Loan Agreement, Facility Agreement and Deed of Assignment, Composite Loan Agreement

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Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 138 contracts

Samples: Facility Agreement, Facilities Agreement, Facility Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower Customer or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/BorrowerCustomer, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 32 contracts

Samples: Master Facility Agreement, Facility Agreement and Deed of Assignment, Master Facility Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower Customer or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/BorrowerCustomer r, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 15 contracts

Samples: Master Facility Agreement and Deed of Assignment, Facility Agreement, Master Facility Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the AssignorAssignors/BorrowerBorrowers, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 6 contracts

Samples: Facility Agreement, Composite Loan Agreement, Facility Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the AssignorAssignors/Borrower Borrowers or otherwise different from such property as assigned to the Assignee/Bank by the AssignorAssignors/BorrowerBorrowers, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 5 contracts

Samples: Composite Loan Agreement, Composite Loan Agreement, Composite Loan Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the AssignorAssignors/Borrower Borrowers or otherwise different from such property as assigned to the Assignee/Bank by the AssignorAssignors/BorrowerBorrowers, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 4 contracts

Samples: Facilities Agreement, Facilities Agreement, Composite Loan Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower Customer or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/BorrowerCustomer, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 4 contracts

Samples: Facility Agreement and Deed of Assignment, Facility Agreement, Property Sale Agreement

Right to Terminate Sale. In the event that the property Property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Assignor/ Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 3 contracts

Samples: Deed of Assignment, Facilities Agreement, and Power of Attorney, Deed of Assignment, Facility Agreement, and Power of Attorney, Deed of Assignment, Facilities Agreement, Power of Attorney

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower Customer or otherwise different from such property as assigned to the Assignee/Bank Assignee by the Assignor/BorrowerCustomer, the Assignee/Bank Assignee shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 3 contracts

Samples: Facility Agreement and Deed of Assignment, Facility Agreement, Property Sale Agreement

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Right to Terminate Sale. In the event that the property Property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower Assignor/ or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/BorrowerAssignor/ , the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 2 contracts

Samples: Proclamation of Sale, Deed of Assignment, Facility Agreement, and Power of Attorney

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit Bidding Deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement

Right to Terminate Sale. In the event that the property Property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower Customer or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/BorrowerCustomer, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 2 contracts

Samples: Deed of Assignment and Facility Agreement, Deed of Assignment and Loan Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the AssignorAssignors/Borrower Customers or otherwise different from such property as assigned to the Assignee/Bank by the AssignorAssignors/BorrowerCustomers, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 2 contracts

Samples: Facility Agreement and Deed of Assignment, Master Facility Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/BorrowerAssignor(s)/Borrower(s), the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 1 contract

Samples: Facility Agreement and Deed of Assignment

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents documen ts executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 1 contract

Samples: Facility Agreement

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