APPROVAL OF BOND Sample Clauses

APPROVAL OF BOND. 2.1 This offer is subject to the suspensive condition that the Purchaser is able to obtain a quotation and a bond from a Bank as referred to in the National Credit Act 34/2005 for a loan amount of R to cover the purchase price and building price (words) or such a lower amount as accepted by the Purchaser, within 30 (Thirty) days after acceptance of this offer, with no other condition imposed by the bank other than the registration of a bond. The Purchaser undertakes to apply for the bond at a financial institution immediately after acceptance of this offer, regardless of whether or not his Property must first be sold.
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APPROVAL OF BOND. SUSPENSIVE CONDITION
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APPROVAL OF BOND. 14.2.1 You or any person on behalf of you, obtains approval in principle, by not later than or within such extended period as you and us may in writing agree, of a loan by an institution of not less than R (amount in words ) upon the security of a first mortgage bond to be registered over the Property, at such rates of interest and on such conditions as are stipulated by the institution/s to which application/s for the loan is/are made. The suspensive conditions shall be deemed to be fulfilled even if the loan is approved subject to the condition that your spouse (or any of the directors and/or shareholders and/or members of you, as the case may be) sign as surety for and co-principle debtor with you for the fulfilment of all your obligations under the loan. AND/OR
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APPROVAL OF BOND. 2.1. This offer is subject to the suspensive condition that the Purchaser is able to obtain a quotation and a bond from a Bank as referred to in the National Credit Act 34/2005 for a loan amount of R ( rand) within ( ) calendar days after acceptance of this offer. The Purchaser undertakes to apply for the bond at a financial institution immediately after acceptance of this offer, regardless whether his Property must first be sold or not.
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APPROVAL OF BOND. 3.1 This offer is subject to the suspensive condition that the purchaser qualifies for a bond from a bank as regulated by the National Credit Act, 34 of 2005, if the Act is applicable, in the amount of R ( Rand) before 23h59 on / 20_ (bond fulfilment date) on the usual terms and conditions applicable from time to time and as required by the banks.
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APPROVAL OF BOND. 2.1 This offer is subject to the suspensive condition that the Purchaser is able to obtain a quotation and a loan from a Bank as referred to in the National Credit Act 34/2005 for a loan amount of R ( ) within 21 (Twenty One) days after acceptance of this offer.
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APPROVAL OF BOND. 2.1. This offer is subject to the suspensive condition that the purchaser qualifies for a bond from a bank as regulated by the National Credit Act, 34 of 2005, if the Act is applicable, in the amount of R ( ) within ( ) working days after acceptance of this offer with automatic extension of 14 (fourteen) working days at the discretion of the Seller.
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APPROVAL OF BOND. This Agreement is subject to the Purchaser raising finance by not later than including for the granting of a loan by a registered South African Bank of not less than R ( Rand) upon the security of a mortgage bond to be registered over the Property at such rates of interest and on such conditions as are stipulated by the institution/s to which application/s for the loan is/are made provided that if the loan is granted subject to valuation, or the Purchaser selling any immovable property or cancelling any existing mortgage bond or repaying any loan secured by a mortgage bond, the suspensive condition will not be fulfilled. This suspensive condition shall be deemed to have been fulfilled, inter alia.
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Related to APPROVAL OF BOND

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • Approval/Non-Approval We will notify you whether your Application has been approved or denied within 14 days after the date we receive a completed Application. Notification may be in person or by mail or telephone unless you have requested that notification be by mail. You must not assume approval until you receive actual notice of approval. The 14-day time period may be changed only by separate written agreement.

  • Approval of Leave Any leave of absence will be submitted to the Company for approval in writing. No approved leave of absence will affect any employee’s seniority rights when used for the purpose granted and providing the employee returns to work at the expiration of his/her leave.

  • Application Approval Our representative will notify you (or one of you, if there are co-applicants) of the Application approval, execute the Lease agreements for signature prior to occupancy, and, once complete, credit the application deposit of all applicants toward the required security deposit.

  • Approval of Plans Landlord will not check Tenant drawings for building code compliance. Approval of the Final Plans by Landlord is not a representation that the drawings are in compliance with the requirements of governing authorities, and it shall be Tenant’s responsibility to meet and comply with all federal, state, and local code requirements. Approval of the Final Plans does not constitute assumption of responsibility by Landlord or its architect for their accuracy, sufficiency or efficiency, and Tenant shall be solely responsible for such matters.

  • Refund After Non-Approval or Rejection If you or any co-applicant is disapproved or denied under Paragraph 5, we’ll refund all application deposits within 7 days of such disapproval. Refund checks may be made payable to all co-applicants and mailed to one applicant. If the application deposit was paid via check and has not yet been deposited, you may request your check be destroyed instead of a refund check being issued.

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