Common use of NO ASSIGNMENT/NOMINATION Clause in Contracts

NO ASSIGNMENT/NOMINATION. 18.1 MBSB BANK BERHAD 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 BANK BERHAD disallow to the nomination, assignment, change, substitution, addition or reduction of the party(ies) in the Contract of Sale.

Appears in 2 contracts

Sources: Property Sale Agreement, Loan Agreement