Common use of REQUIREMENTS UNDER THE ACT Clause in Contracts

REQUIREMENTS UNDER THE ACT. 17.1 The land (as described in clause 23.13 hereof) may not currently be encumbered by a mortgage bond, but the Seller intends to register a mortgage bond in future. Any Unit sold in terms hereof, will however be released from the said mortgage bond, not later that date of transfer thereof into the name of the Purchaser.

REQUIREMENTS UNDER THE ACT. 17.1 The land (as described in clause 23.13 22.13 hereof) may not currently be encumbered by a mortgage bond, but the Seller intends to register a mortgage bond in future. Any Unit sold in terms hereof, will however be released from the said mortgage bond, not later that date of transfer thereof into the name of the Purchaser.

REQUIREMENTS UNDER THE ACT. 17.1 19.1 The land (as described in clause 23.13 24.14 hereof) may not currently be encumbered by a mortgage bond, but the Seller intends to register a mortgage bond in future. Any Unit unit sold in terms hereof, will however be released from the said mortgage bond, not later that date of transfer thereof into the name of the Purchaser.

REQUIREMENTS UNDER THE ACT. 17.1 The land (as described in clause 23.13 22.13 hereof) may not currently be encumbered by a mortgage bond, but the Seller intends to register a mortgage bond in future. Any Unit sold in terms hereof, will however be released from f rom the said mortgage bond, not later that date of transfer thereof into the name of the Purchaser.

REQUIREMENTS UNDER THE ACT. 17.1 19.1 The land (as described in clause 23.13 23.14 hereof) may not is currently be encumbered by a mortgage bond, but the Seller intends to register a mortgage bond in future. Any Unit section sold in terms hereof, will however be released from the said mortgage bond, not later that date of transfer thereof into the name of the Purchaser.

REQUIREMENTS UNDER THE ACT. 17.1 24.1 The land (as described in clause 23.13 29.19 hereof) may not currently be encumbered by a mortgage bond, but the Seller intends to register a mortgage bond in future. Any Unit unit sold in terms hereof, will however be released from the said mortgage bond, not later that date of transfer thereof into the name of the Purchaser.

REQUIREMENTS UNDER THE ACT. 17.1 18.1 The land (as described in clause 23.13 23.12 hereof) may not currently be encumbered by a mortgage bond, but the Seller intends to register a mortgage bond in future. Any Unit sold in terms hereof, will however be released from the said mortgage bond, not later that date of transfer thereof into the name of the Purchaser.

REQUIREMENTS UNDER THE ACT. 17.1 The land (as described in clause 23.13 22.12 hereof) may not currently be encumbered by a mortgage bond, but the Seller intends to register a mortgage bond in future. Any Unit sold in terms hereof, will however be released from the said mortgage bond, not later that date of transfer thereof into the name of the Purchaser.