Examples of Sale and Purchase Agreement in a sentence
The Purchaser shall not without the written consent of the Assignee/Bank, Developer/Proprietor (if applicable) and/or the relevant authorities be entitled to assign his rights, title, interest and benefits under the contract of sale made pursuant hereto or the principal Sale and Purchase Agreement entered between the Developer/Proprietor and the original Purchaser before the Property has been duly assigned or transferred to him by the Assignee/Bank.
As the highest applicable percentage ratio in respect of the annual cap under the Master Sale and Purchase Agreement is higher than 0.1% but less than 5% on an annual basis, the Master Sale and Purchase Agreement is subject to reporting, annual review and announcement requirements but exempt from the circular (including independent financial advice) and shareholders’ approval requirements under Rule 14A.76(2) of the Listing Rules.
The entering into of the Master Sale and Purchase Agreement between Shijiazhuang No. 4 and Sichuan Xxx Xxx Xxxx will therefore constitute continuing connected transactions under Chapter 14A of the Listing Rules.
The Purchaser shall not without the written consent of the Assignee, Developer / Landowner and / or the relevant authorities be entitled to assign his rights, title, interest and benefits under the contract of sale made pursuant hereto of the principal Sale and Purchase Agreement entered between the Developer / Landowner and the original purchaser before the Property has been duly assigned or transferred to him by the Assignee.
In addition, pursuant to the Sale and Purchase Agreement, the Vendor will at the Completion Date assign all its benefits and rights in respect of the Sale Loan to the Purchaser at the Assignment Consideration.