Common use of Sale or Assignment Clause in Contracts

Sale or Assignment. Until the Transfer Date, the Purchaser shall not be entitled to sell the Unit or Exclusive Use Areas or to sell, cede or assign the Purchaser's rights under this agreement to any third party, without the prior written consent of the Seller, which consent will be subject to the Seller approving the terms of the subsequent sale agreement and to the subsequent purchaser agreeing to be bound to the Seller in the same manner as provided for in this Agreement and provided that the subsequent purchaser gives the Seller the same proxy rights as are granted in clause 18 hereof. If required by the Seller, a condition to this effect shall be inserted in the title deeds of the Unit. The Purchaser undertakes to use the standard re-sale agreement prepared by the Conveyancers.

Appears in 1 contract

Samples: Sale Agreement

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Sale or Assignment. Initial Until the Transfer Date, the Purchaser shall not be entitled to sell the Unit or Exclusive Use Areas or to sell, cede or assign the Purchaser's rights under this agreement to any third party, without the prior written consent of the Seller, which consent will be subject to the Seller approving the terms of the subsequent sale agreement and to the subsequent purchaser agreeing to be bound to the Seller in the same manner as provided for in this Agreement and provided that the subsequent purchaser gives the Seller the same proxy rights as are granted in clause 18 20 hereof. If required by the Seller, a condition to this effect shall be inserted in the title deeds of the Unit. The Purchaser undertakes to use the standard re-sale agreement prepared by the Conveyancers.

Appears in 1 contract

Samples: Sale Agreement

Sale or Assignment. Until the Transfer DateDate of Transfer, the Purchaser shall not be entitled to sell the Unit or Exclusive Use Areas or to sell, cede or assign the Purchaser's rights under this agreement Agreement to any third party, without the prior written consent of the Seller, which consent will be subject to the Seller approving the terms of the subsequent sale agreement and to the subsequent purchaser agreeing to be bound to the Seller in the same manner as provided for in this Agreement and provided that the subsequent purchaser Purchaser gives the Seller the same proxy rights as are granted in clause 18 20 hereof. If required by the Seller, a condition clause to this effect shall be inserted in the title deeds Title Deeds of the Unit. The Purchaser undertakes to use the standard re-sale agreement prepared by the Seller’s Conveyancers.

Appears in 1 contract

Samples: Sale Agreement

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Sale or Assignment. Initial Until the Transfer Date, the Purchaser shall not be entitled to sell the Unit or Exclusive Use Areas or to sell, cede or assign the Purchaser's rights under this agreement to any third party, without the prior written consent of the Seller, which consent will be subject to the Seller approving the terms of the subsequent sale agreement and to the subsequent purchaser agreeing to be bound to the Seller in the same manner as provided for in this Agreement and provided that the subsequent purchaser gives the Seller the same proxy rights as are granted in clause 18 hereof. If required by the Seller, a condition to this effect shall be inserted in the title deeds of the Unit. The Purchaser undertakes to use the standard re-sale agreement prepared by the Conveyancers.

Appears in 1 contract

Samples: Sale Agreement

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