Common use of NOMINEE Clause in Contracts

NOMINEE. The purchaser may nominate a substitute or additional transferee, but the named purchaser remains personally liable for the due performance of all the purchaser's obligations under this contract.

Appears in 36 contracts

Sources: Contract of Sale of Land, Contract of Sale of Real Estate, Contract of Sale of Real Estate

NOMINEE. The purchaser may nominate a substitute or additional transfereepurchaser, but the named purchaser remains personally liable for the due performance of all the purchaser's obligations under this contract.

Appears in 3 contracts

Sources: Contract of Sale, Contract of Sale of Real Estate, Contract of Sale of Real Estate

NOMINEE. The purchaser Purchaser may nominate a substitute or additional transferee, but the named purchaser Purchaser remains personally liable for the due performance of all the purchaser's Purchaser’s obligations under this contractContract.

Appears in 2 contracts

Sources: Contract of Sale of Real Estate, Contract of Sale of Real Estate

NOMINEE. The purchaser may nominate a substitute or additional transferee, but the named purchaser remains personally liable for the due performance of all the purchaser's obligations under this contract. Any signatory for a proprietary limited company purchaser is personally liable for the due performance of the purchaser's obligations as if the signatory were the purchaser in the case of a default by a proprietary limited company purchaser.

Appears in 2 contracts

Sources: Contract of Sale of Real Estate, Contract of Sale of Real Estate

NOMINEE. The purchaser may nominate a substitute or additional transferee, but the named purchaser remains personally liable for the due performance of all the purchaser's ’s obligations under this contract.

Appears in 2 contracts

Sources: Contract of Sale of Real Estate, Contract of Sale of Real Estate

NOMINEE. The purchaser may nominate a substitute or additional transfereepurchaser, but the named purchaser remains personally liable for the due performance of all the purchaser's ’s obligations under this contract.

Appears in 1 contract

Sources: Contract of Sale