Common Contracts

1 similar Conditions of Sale contracts

CONDITIONS OF SALE
Conditions of Sale • August 27th, 2024

However, the period of ninety (90) days may be extended by the Assignee in its absolute discretion, provided that the Purchas er shall have prior to the expiry of the said period, issue a written request to the Assignee applying for an extension of tim e and the Assignee may: (i) agree to grant the extension of time unconditionally, or (ii) refuse the request, in which case the 10% of the successful bid shall be forfeited, or (iii) agree to grant an extension of time subject to conditions (in cluding but not limited to imposition of late payment interest at such rate as the Assignee shall determine) without assigning any reasons whatsoever and such decision shall be binding on the Purchaser .

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