The Condition Precedent. 3.2.1 shall be deemed to have been fulfilled once the said financial institution issues a letter to the effect that the mortgage loan application has been approved notwithstanding the fact that such approval is granted subject to the fulfilment of a condition or conditions or subject to the reservation of the right of the said registered credit provider at any time prior to the payment of the proceeds of such mortgage loan to the Purchaser, to withdraw such approval; and 3.2.2 has been inserted for the benefit of the Purchaser and accordingly fulfilment thereof may be relaxed and/or waived by Purchaser in writing prior to the stipulated date for fulfilment thereof or any extended date; or 3.2.3 may have its date for fulfilment extended by written agreement between the Parties on or before the fulfilment date thereof.
Appears in 10 contracts
Samples: Sale of Immovable Property Agreement, Sale of Immovable Property Agreement, Sale of Immovable Property Agreement
