Common use of XXXX INTEREST Clause in Contracts

XXXX INTEREST. 20.1 In the event of there being any delay in connection with the registration of transfer for which the Purchaser is responsible, the Purchaser agrees to pay interest on the full purchase price at the prime interest rate charged by the Standard Bank of South Africa Limited on mortgage bond facilities from time to time calculated from the date the Purchaser is notified in writing by the Seller (or the Seller’s agent) as being in xxxx, to the date upon which the Purchaser has ceased to be in xxxx, both days inclusive.

Appears in 3 contracts

Samples: Agreement of Sale, Agreement of Sale, Agreement of Sale

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XXXX INTEREST. 20.1 23.1 In the event of there being any delay in connection with the registration of transfer for which the Purchaser is responsible, the Purchaser agrees to pay interest on the full purchase price at the prime interest rate charged by the Standard Bank of South Africa Limited on mortgage bond facilities from time to time calculated from the date the Purchaser is notified in writing by the Seller (or the Seller’s agent) as being in xxxx, to the date upon which the Purchaser has ceased to be in xxxx, both days inclusive.

Appears in 1 contract

Samples: Agreement of Sale

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XXXX INTEREST. 20.1 22.1 In the event of there being any delay in connection with the registration of transfer for which the Purchaser is responsible, the Purchaser agrees to pay interest on the full purchase price at the prime interest rate charged by the Standard Bank of South Africa Limited on mortgage bond facilities from time to time calculated from the date the Purchaser is notified in writing by the Seller (or the Seller’s agent) as being in xxxx, to the date upon which the Purchaser has ceased to be in xxxx, both days inclusive.

Appears in 1 contract

Samples: Agreement

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