TRUSTEE FOR A COMPANY TO BE FORMED. 26.1 In the event of the signatory to the Contract having concluded the Contract in his capacity as a Trustee for a company to be formed (which signatory is hereinafter in this clause 26 referred to as the “Signatory”), then the Signatory by his signature hereto warrants that the said company:
26.1.1 will be formed;
26.1.2 will ratify and adopt the terms and conditions of the Contract; and
26.1.3 will provide the Seller with written proof thereof; all within a period of 30 days from the Date of Signature of the Contract by the Signatory.
26.2 The Signatory, in his personal capacity hereby under renunciation of the benefits of excussion and division with the full meaning and effect of which he declares himself to be fully acquainted, binds himself and agrees to bind himself as surety and co-principal debtor in solidum with the company to be formed by him in favour of the Seller for the due and punctual performance of such company's obligations to the Seller in terms of the Contract.
26.3 If the terms and conditions of Clause 26.1 above are not fulfilled, then the Signatory will by his signature to the Contract be deemed ipso facto to have concluded the Contract in his personal capacity as Purchaser.
TRUSTEE FOR A COMPANY TO BE FORMED. In the event of the signatory to this AGREEMENT, on behalf of the PURCHASER, having concluded this AGREEMENT in his capacity as a Trustee for a company to be formed (which signatory is hereinafter in paragraph 23.1.1 referred to as the “SIGNATORY”), then:
TRUSTEE FOR A COMPANY TO BE FORMED. 19.1 In the event of the signatory to this CONTRACT on behalf of the PURCHASER having concluded this CONTRACT in his capacity as a Trustee for a company to be formed (which signatory is hereinafter in paragraphs 19.1, 19.2 and 19.3 referred to as the “SIGNATORY”), then:
19.1.1 the SIGNATORY by his signature hereto warrants that the said company:
19.1.1.1 will be formed;
19.1.1.2 will ratify and adopt the terms and conditions of the CONTRACT OF SALE; and
TRUSTEE FOR A COMPANY TO BE FORMED. 28.1 In the event of the signatory to this CONTRACT on behalf of the PURCHASER having concluded this CONTRACT in his capacity as a Trustee for a company to be formed (which signatory is hereinafter in paragraphs 25.1, 25.2 and 25.3 referred to as the "SIGNATORY"), then:
28.1.1 the SIGNATORY by his signature hereto warrants that the said company:
28.1.1.1 will be formed;
28.1.1.2 will ratify and adopt the terms and conditions of the CONTRACT OF SALE, and
28.1.1.3 will provide the SELLER with written proof thereof; all within a period of 30 days from the date of signature of this CONTRACT OF SALE by the SIGNATORY;
28.2 The SIGNATORY, in his personal capacity hereby under renunciation of the benefits of excussion and division with the full meaning and effect of which he declares himself to be fully acquainted, binds himself and agrees to bind himself as surety and co-principal debtor in solidum with the company to be formed by him in favour of the SELLER for the due and punctual performance of such company's obligations to the SELLER in terms of this CONTRACT OF SALE; (i.
TRUSTEE FOR A COMPANY TO BE FORMED. If this Agreement is entered into by the signatory for the Purchaser in his capacity as trustee for a company or close corporation to be formed, then:
23.1 the said signatory (identified in item 1 of the Schedule), by his signature hereto, hereby binds himself in favour of the Seller as surety and co-principal debtor, under renunciation of the benefits of division, excussion and cession of action, the full meaning of which he declares himself to be fully acquainted with, for the due performance of all the obligations of the said company or close corporation in terms of or arising out of this Agreement or any cancellation hereof, including but not limited to damages; and
23.2 without prejudice to the provisions of clause 23.1, in the event of such company or close corporation not being formed within 45 (forty five) days after the Signature Date, and/or failing to ratify and make the provisions of this Agreement binding upon itself, and/or failing within 7 (seven) days thereof to deliver to the Attorneys the originals or notarially certified copies of its certificate of incorporation, memorandum and articles of association, certificate to commence business and all necessary resolutions of shareholders and/or directors in respect of this sale, in the case of a company, or of its founding statement, any applicable association agreement (or ratification and adoption of this sale, in the case of a close corporation), then and in any such event, the said signatory shall be personally liable in terms hereof as if he had been contracted in his own personal capacity.
TRUSTEE FOR A COMPANY TO BE FORMED. In the event of the signatory to this Contract having concluded this Contract in his capacity as a Trustee for a company to be formed (which signatory is hereinafter in this paragraph 19 referred to as the “Signatory”), then the Signatory by his signature hereto warrants that the said company:
