Unilateral Cancellation Process definition

Unilateral Cancellation Process means the cancellation process unilaterally enforced by the Promoter upon failure of the Purchaser(s) to come forward to execute and register the Deed of Cancellation and as further explained in Article 4.4 (g).
Unilateral Cancellation Process means the cancellation process unilaterally enforced by the PROMOTER upon failure of the PURCHASER(S) to come forward to execute and register the Deed of Cancellation and as further explained in Article 3.4 (g) of this Agreement.

Examples of Unilateral Cancellation Process in a sentence

  • In event of Unilateral Cancellation Process, the PURCHASER(S) shall cease to have any right of any nature whatsoever either in respect of the said Apartment or against the PROMOTER and the PROMOTER shall be entitled to deal with and/or dispose of the said Apartment in the manner deemed fit and proper.