Common use of NO ASSIGNMENT/NOMINATION Clause in Contracts

NO ASSIGNMENT/NOMINATION. 18.1 MBSB shall not entertain to any request by the successful bidder(s) to nominate a third party to be the purchaser or Assignee of the property. 18.2 MBSB disallow to the nomination, assignment, change, substitution, addition or reduction of the party(ies) in the Contract of Sale.

Appears in 55 contracts

Sources: Loan Agreement, Loan Agreement, Loan Agreement

NO ASSIGNMENT/NOMINATION. 18.1 MBSB shall not entertain to any request by the successful bidder(s) to nominate a third party to be the purchaser Purchaser or Assignee of the property. 18.2 MBSB disallow to the nomination, assignment, change, substitution, addition or reduction of the party(ies) in the Contract of Sale.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement