Common use of SALE BEING SET ASIDE OR CONSENT NOT BEING OBTAINED Clause in Contracts

SALE BEING SET ASIDE OR CONSENT NOT BEING OBTAINED. 16.1 In the event of the sale being set aside for any reason whatsoever by the Assignee or by an Order of Court or consent not being obtained from the Developer/Landowner and/or other relevant authorities (other than for reasons attributable to any act of default or omission by the Purchaser) on the expiry of the time period prescribed for completion, then the Assignee is absolutely entitled to terminate the sale by giving the Purchaser written notice thereof, in which case: