Common use of SALE BEING SET ASIDE OR CONSENT NOT BEING OBTAINED Clause in Contracts

SALE BEING SET ASIDE OR CONSENT NOT BEING OBTAINED. 15.1. In the event of the sale being set aside for any reason whatsoever or consent not being obtained from the relevant authorities, this sale shall be of no further effect from the date thereof and the Assignee / Bank shall refund the Purchase Deposit or TPP, as the case may be, to the Purchaser free of interest and the Purchaser shall not be entitled to any claim and / or demand whatsoever against the Assignee / Bank or any other party on account thereof. 15.2. In the event of consent not being obtained from the relevant authorities due to the act of default or omission by the Purchaser, The Assignee / Bank shall be entitled to forfeit the Purchase Deposit and all interest (if any) paid pursuant to Clause 6.5 above.

SALE BEING SET ASIDE OR CONSENT NOT BEING OBTAINED. 15.1. 15.1 In the event of the sale being set aside for any reason whatsoever or consent not being obtained from the relevant authorities, this sale shall be of no further effect from the date thereof and the Assignee / Assignee/Bank shall refund the Purchase Deposit or TPP, as the case may be, to the Purchaser free of interest and the Purchaser shall not be entitled to any claim and / or and/or demand whatsoever against the Assignee / Assignee/Bank or any other party on account thereof. 15.2. 15.2 In the event of consent not being obtained from the relevant authorities due to the act of default or omission by the Purchaser, The Assignee / the Assignee/Bank shall be entitled to forfeit the Purchase Deposit and all interest (if any) paid pursuant to Clause 6.5 above.

SALE BEING SET ASIDE OR CONSENT NOT BEING OBTAINED. 15.1. 15.1 In the event of the sale being set aside for any reason whatsoever or consent not being obtained from the relevant authorities, this sale shall be of no further effect from the date thereof and the Assignee / Assignee/Bank shall refund the Purchase Deposit or TPP, as the case may be, to the Purchaser free of interest and the Purchaser shall not be entitled to any claim and / or demand whatsoever against the Assignee / Assignee/Bank or any other party on account thereof. 15.2. 15.2 In the event of consent not being obtained from the relevant authorities due to the act of default or omission by the Purchaser, . The Assignee / Assignee/Bank shall be entitled to forfeit the Purchase Deposit and all interest (if any) paid pursuant to Clause 6.5 above.