Common use of Covenant to buy and sale Clause in Contracts

Covenant to buy and sale. In consideration of the Price to be paid by the Buyer to the Developer in terms of the Allotment Letter and the Payment Schedule and in consideration of the Buyer covenanting to strictly abide by all the terms and conditions contained in the Apartment GTC, the Developer hereby agrees to sale and the Buyer hereby agrees to buy the Apartment on the terms and conditions contained in the Apartment GTC, this Agreement and the Allotment Letter.