Common use of Xxxxx Xxxxx Xxxxxx Clause in Contracts

Xxxxx Xxxxx Xxxxxx. RESERVE PRICE The property will be sold on an ''as is where is basis" and subject to a reserve price of RM2,429,000.00 (RINGGIT MALAYSIA TWO MILLION FOUR HUNDRED AND TWENTY NINE THOUSAND ONLY) only and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder ('the Purchaser") from the Developer and other relevant authorities, if any is required, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authority. All expenses incurred in obtaining the said consent shall be borne by the Purchaser. Any arrears of quit rent, assessment, service/maintenance charges, fire insurance, sinking fund including the late payment interest (if any) which may be lawfully due to any relevant authority or the Developer up to the date of successful sale of the subject property shall be borne by the Purchaser absolutely. The Purchaser shall bear and pay all fees and expenses including but not limited to all legal fees, stamp duty and registration fees in connection with, incidental to or pursuant to the Assignment and all other documents necessary for effecting the transfer or assigning the beneficial ownership in the property to the Purchaser and shall also bear all risks in relation to the purchase of the property.

Appears in 1 contract

Samples: Facilities Agreement

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Xxxxx Xxxxx Xxxxxx. RESERVE PRICE The property will be sold on an ''as is where is basis" and subject to a reserve price of RM2,429,000.00 RM2,592,000.00 (RINGGIT MALAYSIA TWO MILLION FOUR FIVE HUNDRED AND TWENTY NINE NINETY TWO THOUSAND ONLY) only and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder ('the Purchaser") from the Developer and other relevant authorities, if any is required, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authority. All expenses incurred in obtaining the said consent shall be borne by the Purchaser. Any arrears of quit rent, assessment, service/maintenance charges, fire insurance, sinking fund including the late payment interest (if any) which may be lawfully due to any relevant authority or the Developer up to the date of successful sale of the subject property shall be borne by the Purchaser absolutely. The Purchaser shall bear and pay all fees and expenses including but not limited to all legal fees, stamp duty and registration fees in connection with, incidental to or pursuant to the Assignment and all other documents necessary for effecting the transfer or assigning the beneficial ownership in the property to the Purchaser and shall also bear all risks in relation to the purchase of the property.

Appears in 1 contract

Samples: Facilities Agreement

Xxxxx Xxxxx Xxxxxx. RESERVE PRICE The property will be sold on an ''as is where is basis" and subject to a reserve price of RM2,429,000.00 RM1,378,000.00 (RINGGIT MALAYSIA TWO ONE MILLION FOUR THREE HUNDRED AND TWENTY NINE SEVENTY EIGHT THOUSAND ONLY) only and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank Assignee subject to consent being obtained by the successful bidder ('the Purchaser") from the Developer and other relevant authorities, if any any, is required, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authority. All expenses incurred in obtaining the said consent shall be borne by the Purchaser. Any arrears of quit rent, taxes, rates, assessment, service/maintenance chargesfees, fire insurancebills, sinking fund including the late payment interest (if any) charges and outgoings which may be lawfully due to any relevant authority or the Developer up to the date of successful sale of the subject property shall be borne by the Purchaser absolutely. The Purchaser shall bear and pay all fees and expenses including but not limited to all legal fees, stamp duty and registration fees in connection with, incidental to or pursuant to the Assignment and all other documents necessary for effecting the transfer or assigning the beneficial ownership in the property to the Purchaser and shall also bear all risks in relation to the purchase of the property. If goods and services tax is chargeable on the purchase price of the property, then the goods and services tax shall be paid by the Purchaser in addition to the purchase price payable by the Purchaser.

Appears in 1 contract

Samples: Facilities Agreement

Xxxxx Xxxxx Xxxxxx. RESERVE PRICE The property will be sold on an ''as is where is basis" and subject to a reserve price of RM2,429,000.00 RM2,997,000.00 (RINGGIT MALAYSIA TWO MILLION FOUR NINE HUNDRED AND TWENTY NINE NINETY SEVEN THOUSAND ONLY) only and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder ('the Purchaser") from the Developer and other relevant authorities, if any is required, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authority. All expenses incurred in obtaining the said consent shall be borne by the Purchaser. Any arrears of quit rent, assessment, service/maintenance charges, fire insurance, sinking fund including the late payment interest (if any) which may be lawfully due to any relevant authority or the Developer up to the date of successful sale of the subject property shall be borne by the Purchaser absolutely. The Purchaser shall bear and pay all fees and expenses including but not limited to all legal fees, stamp duty and registration fees in connection with, incidental to or pursuant to the Assignment and all other documents necessary for effecting the transfer or assigning the beneficial ownership in the property to the Purchaser and shall also bear all risks in relation to the purchase of the property.

Appears in 1 contract

Samples: Facilities Agreement

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Xxxxx Xxxxx Xxxxxx. RESERVE PRICE The property will be sold on an ''as is where is basis" and subject to a reserve price of RM2,429,000.00 RM1,701,000.00 (RINGGIT MALAYSIA TWO ONE MILLION FOUR SEVEN HUNDRED AND TWENTY NINE ONE THOUSAND ONLY) only and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank Assignee subject to consent being obtained by the successful bidder ('the Purchaser") from the Developer and other relevant authorities, if any any, is required, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authority. All expenses incurred in obtaining the said consent shall be borne by the Purchaser. Any arrears of quit rent, taxes, rates, assessment, service/maintenance chargesfees, fire insurancebills, sinking fund including the late payment interest (if any) charges and outgoings which may be lawfully due to any relevant authority or the Developer or Proprietor or relevant third parties entitled thereto up to the date of successful sale of the subject property shall be borne by out of the Purchaser absolutelypurchase price. The Purchaser shall bear and pay all fees and expenses including but not limited to all legal fees, stamp duty and registration fees in connection with, incidental to or pursuant to the Assignment and all other documents necessary for effecting the transfer or assigning the beneficial ownership in the property to the Purchaser and shall also bear all risks in relation to the purchase of the property. If goods and services tax is chargeable on the purchase price of the property, then the goods and services tax shall be paid by the Purchaser in addition to the purchase price payable by the Purchaser.

Appears in 1 contract

Samples: Facilities Agreement

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