Common use of Right to Terminate Sale Clause in Contracts

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 245 contracts

Samples: Proclamation of Sale, Facilities Agreement, Composite Loan Agreement and Assignment and Power

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Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 112 contracts

Samples: Facility Agreement, Loan Agreement, Matter of Facilities Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower Customer or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/BorrowerCustomer, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 10 contracts

Samples: Proclamation of Sale, Proclamation of Sale, Proclamation of Sale

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower Customer or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/BorrowerCustomer r, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 7 contracts

Samples: Master Facility Agreement, Proclamation of Sale, Master Facility Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower Customer or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/BorrowerCustomer, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 3 contracts

Samples: Proclamation of Sale, Sale Agreement, www.ehsanauctioneers.com

Right to Terminate Sale. In the event that the property Property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Assignor/ Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 3 contracts

Samples: , Facilities Agreement, arenaauctioneers.com, arenaauctioneers.com

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower Customer or otherwise different from such property as assigned to the Assignee/Bank Assignee by the Assignor/BorrowerCustomer, the Assignee/Bank Assignee shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 3 contracts

Samples: auctions.com.my, auctions.com.my, auctions.com.my

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the AssignorAssignors/BorrowerBorrowers, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 2 contracts

Samples: Composite Loan Agreement and Assignment And, Housing Loan Agreement

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Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the AssignorAssignors/Borrower Borrowers or otherwise different from such property as assigned to the Assignee/Bank by the AssignorAssignors/BorrowerBorrowers, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 2 contracts

Samples: Facilities Agreement, auctions.com.my

Right to Terminate Sale. In the event that the property Property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower Customer or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/BorrowerCustomer, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 1 contract

Samples: Assignment and Loan Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the AssignorAssignors/Borrower Borrowers or otherwise different from such property as assigned to the Assignee/Bank by the AssignorAssignors/BorrowerBorrowers, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 1 contract

Samples: Facilities Agreement

Right to Terminate Sale. In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents documen ts executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful successful Purchaser(s). The Successful Purchaser(s) successful Purchaser shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

Appears in 1 contract

Samples: Proclamation of Sale

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