COOLING-OFF CLAUSE Sample Clauses

COOLING-OFF CLAUSE. Should the Purchaser be a natural person, the Purchaser or his Agent acting on his written authority may, within 5 (five) calendar days of signing this offer, revoke this offer by way of an unconditional written notice to this effect delivered to the Seller (only applicable if the purchase price is less than R250 000.00). A copy of such written notice must also be given to the Transferring Attorney.
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COOLING-OFF CLAUSE. In the event of Section 29A on the Alienation of Land Act 68 of 1981 applying to this offer, then notwithstanding any other provision in this offer, the PURCHASER has the right to revoke this offer or terminate it by written notice to be delivered to the SELLER, or its agent within 5 (five) days after signature by the PURCHASER of this document. Such notice will have no effect unless it is signed by the PURCHASER or his agent acting on his written authority.
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COOLING-OFF CLAUSE. In the event of the Purchaser being a natural person who has not reserved the right to appoint a nominee and where the property herein purchased is a residential property at a price of R250 000.00 or less, the attention of the Purchaser is drawn to the Purchaser's rights in terms of Section 29A of the Alienation of Land Act 68 of 1981 [as amended] to revoke this offer or terminate any sale agreement concluded as a result of this offer by written notice delivered to the Seller or the Seller's agent within a period of 5 [FIVE] days calculated from and including the day after signature hereof by the Purchaser but excluding Saturdays, Sundays and Public Holidays.
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COOLING-OFF CLAUSE. The purchaser has the right to revoke this offer or to terminate this agreement, as stipulated and set out in section 29A of the Alienation of Land Act, 68 of 1981, by written notice to be delivered to the seller or his/her agent within 5 (five) working days from the date the offer is made. This right is only available to the purchaser if the purchase price is R250 000 (Two hundred and fifty thousand rand) or less, provided the purchaser is a natural person.
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COOLING-OFF CLAUSE. The Purchaser is entitled to revoke this offer or, if already accepted by the Seller, terminate the whole agreement arising from such acceptance, within 5 (five) calendar days the receipt of the Members Pack as defined in the Sales Agreement Clause 1.6. The written notice of termination by the Purchaser must be received by the Seller within the 5 (five) day period, at the address reflected in this clause. Only notice by way of facsimile, registered mail, or a receipted hand delivered letter, and received by the Seller within the stipulated period shall constitute valid notice. Upon termination of this offer or agreement, as the case may be, in terms hereof the Seller shall immediately refund to the Purchaser all payments made by the Purchaser hereunder, and the Purchaser shall return any share certificates and other documents or property delivered, transferred or paid to him in terms of this Agreement. The physical and postal address of the Seller for service of notices shall be WILD DOG ESTATE (PTY) LTD, c/o Mr R. Xxxxxxx:- 0 Xxxx Xxxx Xxxxxxxxx 3257, fax no 088 - 000-0000000. The Purchaser by his signature hereto confirms that the documents referred to in clause 3 above form part of this offer, were provided to him prior to signature, and are binding on him. No alterations to, additions to or deletions from such documents shall be valid unless signed by the Seller. For all purposes in law, the original text of the documents as provided to the Purchaser shall be deemed to constitute the terms and conditions of this offer. THUS done and SIGNED at on this day of 2011. WITNESS PURCHASER SPOUSE OF PURCHASER (if married in community of property) ACCEPTED at on this day of 2011. WITNESS WILD DOG ESTATE (PTY) LTD (SELLER) THUS done and SIGNED at on this day of 2011. WITNESS ON BEHALF OF THE SHAREBLOCK WILD DOG ESTATE DUET SHARE BLOCK LIMITED – NO 1 AGREEMENT OF SALE between WILD DOG ESTATE (PTY) LTD Reg No: 2003/029461/07 (hereinafter referred to as the "Seller") and The "Purchaser", being the party or parties described as such on the Offer to Purchase (“the Offer Document”) for the Share Block referred to on the Member’s Pack Certificate. and WILD DOG ESTATE DUET SHARE BLOCK LIMITED NO 1 Reg No: (To be formed) (hereinafter referred to as the COMPANY) I/We the Purchaser/s, pursuant to the Offer to Purchase, hereby offer to purchase the Share Block from the Seller, and to take cession and accept assignment of the Seller's rights and obligations in terms of the Us...
Sample 1
COOLING-OFF CLAUSE. In the event of Section 29A of the Act applying to this offer, then notwithstanding any other provision in this offer, the Purchaser has the right to revoke this offer or terminate it by written notice to be delivered to the Seller, or its Agent within 5 (five) days after signature by the Purchaser of this document. Such notice will have no effect unless it is signed by the Purchaser or his Agent acting on his written authority.
Sample 1

Related to COOLING-OFF CLAUSE

  • FOIPP Clause 1. By submitting your bid, you agree to disclosure of the information supplied, subject to the provisions of the Freedom of Information and Protection of Privacy Act (FOIPP).

  • Contractor Certification Clauses Contractor represents and warrants that the following statements are true. During the term of the Agreement, Contractor shall not take an action, or omit to perform any act, that results in a representation and warranty becoming untrue. Contractor shall promptly notify the Judicial Council if any representation and warranty becomes untrue.

  • CONDITION OF PREMISES The Premises are demised to Tenant and Tenant accepts the same “as-is”, except that (a) if, not later than sixty (60) days following the date of this Lease, Tenant notifies Landlord that the Initial Premises or a portion thereof (clearly designated in such notice to Landlord) are to be delivered in shell condition (but absent such notice Landlord will not otherwise be obligated to perform the Shell Work, time being of the essence of such notice), the Landlord shall, with respect to such designated portion(s) of the Premises, perform the Shell Work described in Exhibit B-1 at Landlord’s sole cost and expense prior to September 1, 2013, and all other work necessary to prepare the Initial Premises for Tenant’s occupancy shall be performed at Tenant’s sole cost and expense, in accordance with the applicable provisions of this Lease and (b) as to space added to the Premises pursuant to Section 42.01, if Tenant elects as provided therein, that some or all of the space so added shall be delivered in shell condition (but absent such notice Landlord will not otherwise be obligated to perform the Shell Work, time being of the essence of such notice), the Landlord shall, with respect to such designated portion(s) of the Premises, perform the Shell Work described in Exhibit B-1 at Landlord’s sole cost and expense prior to the date which is ninety (90) days following the date on which the additional space would be delivered under Section 42.01 but for the Tenant election that the same be delivered in shell condition, and all other work necessary to prepare the space so added under Section 42.01 for Tenant’s occupancy shall be performed at Tenant’s sole cost and expense, in accordance with the applicable provisions of this Lease. Tenant’s taking possession of any portion of the Premises shall be conclusive evidence that such portion of the Premises was in good order and satisfactory condition when Tenant took possession, and except for latent defects not readily apparent from a careful inspection of the Premises without cutting into or otherwise disturbing walls, floors or ceilings and punchlist items of which Tenant has delivered notice to Landlord, excluding items of damage caused by Tenant or its agents, independent contractors or suppliers (subject to the provisions of Section 3.01 of this Lease). No promise of Landlord to alter, remodel or improve the Property and no representation by Landlord or its agents respecting the condition of the Property has been made to Tenant or relied upon by Tenant other than as may be contained in this Lease or in any written amendment hereto signed by Landlord and Tenant.

  • Review Clause Taking account of the volume of trade in agricultural and fishery products between the Parties, of their particular sensitivities, of the rules of the Community common policies and of the policies for agriculture and fisheries in Serbia of the role of agriculture and fisheries in the economy of Serbia, of the consequences of the multilateral trade negotiations in the framework of the WTO as well as of the eventual accession of Serbia to the WTO, the Community and Serbia shall examine in the Stabilisation and Association Council, no later than three years after the entry into force of this Agreement, product by product and on an orderly and appropriate reciprocal basis, the opportunities for granting each other further concessions with a view to implementing greater liberalisation of the trade in agricultural and fishery products.

  • Penalty Clause a. Non-execution of supply order - For the reasons of failure to supply partially or completely within 30 days, if the Procurement cell has to buy the items from the RC 2 (L-2), RC 3 (L-3) or approved local vendor firm, the rate difference in cost will be recovered from XX xxxxxx i.e. L1 /Billing Agency as appointed by the Rate Contract Holder. The difference amount will be deducted from the forthcoming bills of the supplier pertaining to any product. Repeated failure (Three times) to supply in part or in full may amount to termination of rate contract for the product (s) and forfeiture of Performance Security. Reasons of failure to supply the material will be communicated by the firm to the Procurement cell timely.

  • Abandonment of Premises If the property becomes vacant during the term of this lease, and if at the time of the vacancy Tenant are in default in the payment of any installment of rent, then the rent for the entire term shall become at once due and payable and Landlord may proceed to collect rent for said entire premises, with or without process of law, to take possession thereof, to remove any and all property there from and store as required by law, to lease the premises as agent of Tenant, and to apply the proceeds received from such letting toward the payment of Tenant' rent under this lease; such re-entry and re-letting shall not discharge Tenant from liability for rent, nor from any other obligation under the terms of this lease.

  • INSPECTION OF PREMISES Landlord and Landlord's agents shall have the right at all reasonable times during the term of this Agreement and any renewal thereof to enter the Premises for the purpose of inspecting the Premises and all buildings and improvements thereon. And for the purposes of making any repairs, additions or alterations as may be deemed appropriate by Landlord for the preservation of the Premises or the building. Landlord and its agents shall further have the right to exhibit the Premises and to display the usual "for sale", "for rent" or "vacancy" signs on the Premises at any time within forty-five (45) days before the expiration of this Lease. The right of entry shall likewise exist for the purpose of removing placards, signs, fixtures, alterations or additions, that do not conform to this Agreement or to any restrictions, rules or regulations affecting the Premises.

  • ENABLING CLAUSE By written agreement between Company and Union, other provisions may be substituted for or added to the provisions of this Title.

  • POSSESSION OF PREMISES Tenant shall not be entitled to possession of the premises designated for lease until the security deposit and first month’s rent (or prorated portion thereof), less any applicable promotional discount, is paid in full and the premises designated for lease is vacated by the prior tenant.

  • SAVING CLAUSE If any provision(s) of this Agreement shall be determined to be illegal or unenforceable, such determination shall in no manner affect the legality or enforceability of any other provision hereof.

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