WHERE THE BANK IS THE PURCHASER. 8.1 In the event that MBSB is the successful bidder and so declared the Purchaser by the Auctioneer, MBSB shall have the liberty to set-off the Purchase Price against the amount due and owing to MBSB by the assignor pursuant to the security documents referred to in the Proclamation of Sale.
Appears in 55 contracts
Samples: Proclamation of Sale, Proclamation of Sale, Proclamation of Sale
WHERE THE BANK IS THE PURCHASER. 8.1 9.1 In the event that MBSB BANK BERHAD is the successful bidder and so declared the Purchaser PURCHASER by the Auctioneer, MBSB BANK BERHAD shall have the liberty to set-off the Purchase Price against the amount due and owing to MBSB BANK BERHAD by the assignor Assignor pursuant to the security documents referred to in the Proclamation of Sale.
Appears in 49 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
WHERE THE BANK IS THE PURCHASER. 8.1 In the event that MBSB is the successful bidder and so declared the Purchaser PURCHASER by the Auctioneer, MBSB shall have the liberty to set-off the Purchase Price against the amount due and owing to MBSB by the assignor Assignor pursuant to the security documents referred to in the Proclamation of Sale.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement