CAPACITY OF PURCHASER Sample Clauses

CAPACITY OF PURCHASER. 19.1 If more than one Purchaser signs this Agreement, the Purchasers will be jointly and severally liable for the due performance of the terms and conditions of this Agreement. This Agreement will at all times be binding on the Purchaser’s heirs, administrators, assigns or successors in title.
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CAPACITY OF PURCHASER. Should the purchaser sign this agreement as trustee of a trust or agent for a company to be formed, the signatory shall be deemed to be personally liable in terms of this agreement should the company not be incorporated or not ratify and adopt this agreement within 20 (twenty) days from the date the purchaser signed this agreement. Upon incorporation and ratification as aforesaid the purchaser by his signature hereto binds himself as surety for and co-principal debtor jointly and severally and in solidum with the company or close corporation for the due and punctual performance by the purchaser of its obligations arising out of this agreement.
CAPACITY OF PURCHASER. 10.1 Already formed Entity Should the Purchaser be a company, close corporation or a trust, the signatory hereto warrants
CAPACITY OF PURCHASER. 18.1 If the Purchaser is married under foreign law, the Purchaser hereby warrants that his/her spouse shall sign all documents as may be required by the attorneys to enable Transfer and the bond, if applicable.
CAPACITY OF PURCHASER. The person who signs this Agreement on behalf of such Company or Close Corporation or Trust or other legal person by his signature hereto binds himself in favour of the Seller as SURETY FOR AND CO-PRINCIPAL DEBTOR with such Company or Close Corporation or trustees of a Trust or other legal person for the due and timeous performance by it of all its obligations as Purchaser in terms of this Agreement and furthermore by his signature hereto indemnifies the Seller against any damages that it may suffer as a result of the breach of any of the terms of this Agreement by such Company or Close Corporation or Trustees of a Trust or other legal person.
CAPACITY OF PURCHASER. If the Purchaser signs this Agreement as a principal in terms of a contract for the benefit of a third party, the latter being a company or close corporation to be incorporated the Purchaser in his personal capacity shall be regarded as the Purchaser in terms of this Agreement unless the said company or close corporation is incorporated and duly adopts and ratifies this Agreement within 60 (sixty) days after the date upon which the Seller signs this Agreement. In the event of the said company or close corporation being duly incorporated and adopting and ratifying this Agreement in terms as set out above then the Purchaser, by his signature hereto, hereby interposes and binds himself in favour of the Seller as surety and co-principal debtor in solidum with such company or close corporation for the due and timeous performance by it of all of its obligations as Purchaser in terms of this Agreement.
CAPACITY OF PURCHASER. 10.1 Should the Purchaser be married in community of property he/she warrants that his/her spouse shall forthwith countersign this agreement where indicated at the foot hereof and thereby:
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CAPACITY OF PURCHASER. It is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization, and has full corporate power and authority to enter into, deliver and perform all of its obligations under this Agreement.
CAPACITY OF PURCHASER. In the event of the Purchaser being a Close Corporation, Company, Trust or other legal entity then the signatory for and on behalf of the Purchaser by virtue of his/her signature to this Agreement binds himself/herself in solidum as surety and co-principal debtor to and in favour of the Seller for all the obligations of the Purchaser arising from or associated with this Agreement waiving the benefits of excussion, and division.
CAPACITY OF PURCHASER. 19.1 Should the Purchaser be a company or close corporation, the signatory hereto warrants and binds himself in his personal capacity by virtue of his signature hereto –
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