COMPANY TO BE FORMED. 24.1 In the event of the Purchaser signing this agreement in his capacity as Agent for a company to be formed and the Purchaser fails within 20 (twenty) days from date of acceptance and confirmation of this agreement to register such company having as one of its objects the ratification and adoption of this agreement, or such company fails to adopt or ratify this agreement within 15 (fifteen) days after date of its incorporation, then in such an event the Purchaser shall be deemed as from the date thereof to have entered into this agreement in his personal capacity and to have acquired all the rights and obligations of the Purchaser under this agreement.
COMPANY TO BE FORMED. 19.1 In the event of the Purchaser being a company to be formed the signatory for the Purchaser shall be personally liable for all the obligations of the Purchaser as though he contracted in his personal capacity if -
COMPANY TO BE FORMED. If the person signing as Purchaser acts or purports to act as agent or trustee for a company not yet incorporated or formed:
COMPANY TO BE FORMED. 18.1 If this agreement is entered into, by the signatory for the Purchaser in a capacity director for a company to be formed, then the said signatory, by the signatory's signature hereto, hereby binds the signatory in favour of the Developer as surety and co-principal debtor, under renunciation of the benefits of division, excussion and cession of action, for the due performance of all the obligations of the said company in terms of or arising out of this Agreement or any cancellation hereof; and
COMPANY TO BE FORMED. 28.1. Should the Purchaser be acting as a trustee for a company in the process of formation and within 30 (thirty) days of the last signature of this Agreement:
COMPANY TO BE FORMED. 17.1 If the person signing as Purchaser acts or purports to act as agent or trustee for a company not yet incorporated, such person undertakes personally that the company will be formed within 30 (thirty) days of the Date of Signature and will within 14 (fourteen) days of being incorporated or formed, adopt or ratify this Agreement unconditionally and without modifications.
COMPANY TO BE FORMED. If this lease is entered into by a person/s acting as a trustee/s on behalf of a company or close corporation or trust to be formed, then;
COMPANY TO BE FORMED. 13.1.1 If the person who signs this Agreement for the Purchaser does so acting as a trustee or agent for a company (for the purposes of this 13.1, the "Trustee") to be formed, then the provisions of this 13.1 shall apply.
COMPANY TO BE FORMED. 17.1 In the event of the PURCHASER signing this agreement in his capacity as agent for a company to be formed and the PURCHASER fails within 20 (twenty) days from date of acceptance and confirmation of this agreement to register such company having as one of its objects the ratification and adoption of this agreement, or such company fails to adopt or ratify this agreement within 15 (fifteen) days after date of its incorporation, then in such an event the PURCHASER HEAD OFFICE 000 Xxxxxxxxx Xxxx, Menlo Park, Pretoria, Gauteng P.O Box 11246, Menlo Park, Gauteng, 0161 Tel: 000 000 0000 Email: xxxx@xxxxx.xx.xx Website: xxx.xxxxx.xx.xx Root-X Africa Auctioneers CC Reg Nr 2007/180369/23 CONTRACT shall be deemed as from the date thereof to have entered into this agreement in his personal capacity and to have acquired all the rights and obligations of the PURCHASER under this agreement.
COMPANY TO BE FORMED. If this Agreement is entered into by the signatory for the Purchaser in his capacity as trustee for a company to be formed, then:
