Common use of SUSPENSIVE CONDITION Clause in Contracts

SUSPENSIVE CONDITION. 5.1 This agreement is subject to the fulfilment of the suspensive condition that, if applicable, the purchaser obtains a loan from a South African bank or other South African financial institution, which is reasonably acceptable to the seller, on terms acceptable to the seller in the sum stipulated in the schedule (or such lesser amount as the purchaser may agree to accept) against the security of a first mortgage bond over the property.

SUSPENSIVE CONDITION. 5.1 3.1. This agreement is subject to the fulfilment of the suspensive condition that, if applicable, the purchaser obtains a loan from a South African bank or other South African financial institution, which is reasonably acceptable to the seller, on terms acceptable to the seller in the sum stipulated in the schedule (or such lesser amount as the purchaser may agree to accept) against the security of a first mortgage bond over the property.

SUSPENSIVE CONDITION. 5.1 This agreement Agreement is subject to the fulfilment of the suspensive condition that, if applicable, the purchaser Purchaser obtains a loan from a South African bank or other South African financial institution, which is reasonably acceptable to the sellerPurchaser, on terms acceptable to the seller Purchaser in the sum stipulated in the schedule (or such lesser amount as the purchaser Purchaser may agree to accept) against the security of a first mortgage bond over the propertyProperty.

SUSPENSIVE CONDITION. 5.1 3.1. This agreement is subject to the fulfilment of the suspensive condition that, if applicable, the purchaser obtains a loan from a South African bank bank, or other South African financial institution, institution which is reasonably acceptable to the seller, on terms acceptable to the seller seller, in the sum stipulated in the schedule (or such lesser amount as the purchaser may agree to accept) against the security of a first mortgage bond over the property.