COMPANY / CLOSE CORPORATION Sample Clauses

COMPANY / CLOSE CORPORATION. If this Agreement is signed as Purchaser by a person purporting to act for and on behalf of a company, close corporation or trust (other than a company not yet formed), the signatory shall be deemed to warrant that the signatory is duly authorised so to sign this Agreement and shall by the signatory's signature hereto bind himself thereto in favour of the Seller as surety and co-principal debtor together with such Company or close corporation under renunciation of the benefits of division, excussion and cession of action, for the due performance of all the obligations of the said company, close corporation or trust in terms of or arising out of this Agreement or any cancellation hereof.
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COMPANY / CLOSE CORPORATION. 9.1 Should the Lessee be a Company or Close Corporation, the person signing this Agreement on behalf of the Lessee hereby warrants his authority to do so, and xxxxxx interpose and binds himself as surety for and co-principal debtor with the Lessor, for the due and proper adherence of all the Lessee’s obligations arising from this agreement.

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