Common use of Express Condition Clause in Contracts

Express Condition. (i) “Tanah ini hendaklah digunakan sebagai Bangunan bertingkat untuk tujuan Perdagangan (Service Apartment), dibina mengikut ▇▇▇▇▇ ▇▇▇▇ diluluskan oleh Pihak Berkuasa Tempatan yang Berkenaan.” (ii) “Segala kekotoran ▇▇▇ pencemaran akibat aktiviti-aktiviti ini hendaklah disalurkan ke tempat-tempat yang telah ditentukan oleh Pihak Berkuasa yang Berkenaan.” (iii) “Segala dasar ▇▇▇ syarat yang ditetapkan ▇▇▇ dikuatkuasakan dari semasa ke semasa oleh Pihak Berkuasa Berkenaan hendaklah dipatuhi.” Restriction-In-Interest: i. “▇▇▇▇ punya tanah tidak dibenarkan menawar atau menjual unit-unit (parcels) bangunan yang akan dibina di atas tanah ini melainkan bangunan telah mula dibina mengikut ▇▇▇▇▇ ▇▇▇▇ diluluskan oleh Pihak Berkuasa Tempatan yang berkenaan.” ii. “▇▇▇▇▇-▇▇▇▇▇ bangunan yang didirikan di atas tanah ini apabila sahaja bertukar miliknya kepada seorang Bumiputera/Syarikat Bumiputera maka tidak boleh terkemudian daripada itu dijual, dipajak atau dipindahmilik dengan apa cara sekalipun kepada orang Bukan Bumiputera/Syarikat Bukan Bumiputera tanpa persetujuan Pihak Berkuasa Negeri.” iii. “▇▇▇▇▇-▇▇▇▇▇ bangunan yang didirikan di atas tanah ini tidak boleh dijual atau dipindahmilik dengan apa cara sekalipun kepada Bukan Warganegara/Syarikat Asing tanpa persetujuan Pihak Berkuasa Negeri.” The Property will be sold by way of auction through the Auctioneer. The rights, title and interests to the Property will be conveyed to the Successful Purchaser upon completion of the sale. The Assignee/Bank gives no warranty as to the accuracy or correctness of the information and statements contained in this Proclamation of Sale and the Conditions of Sale or as to the state or condition of the Property other than that the Assignee/Bank is the lawful and beneficial assignee of the Property. Save as aforesaid, no representation/warranty is made by or implied against the Assignee/Bank. The Assignee/Bank wherever mentioned in this Proclamation of Sale shall mean the Assignee/Bank and/or any financial institution’s business, assets and liabilities which were transferred to and/or vested in and/or held by the Assignee/Bank and/or any financial institution which changed its name to the Assignee/Bank and that any existing agreement to which the financial institution was a party shall have effect as if the Assignee/Bank had been a party thereto. The full details of the above may be obtained from the Assignee/Bank upon request. Reserve Price: RM460,000.00 Note: Prior to the auction sale, all intending bidders are advised to:- (i) inspect the property; (ii) conduct land searches (official as well as private); (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. For further particulars, please apply to Messrs Kuah, ▇▇▇ ▇▇▇▇ & ▇▇▇, Solicitors for the Assignee/Bank of ▇▇. ▇▇▇ & ▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇. (Ref No.: ▇▇▇▇(JB)/OK/CIMB/231177/LR, Tel No: ▇▇-▇▇▇▇▇▇▇) or CIMB Bank Berhad Hotline 1 300-88-0811 or Log on to ▇▇▇▇.▇▇▇.▇▇/▇▇▇▇▇▇▇▇▇▇▇ ESZAM AUCTIONEER SDN. BHD. ▇▇▇▇ ▇▇▇▇▇ BIN ▇▇▇▇ ▇▇▇▇▇▇ (PJK) (760902-H) Licensed Auctioneer ▇▇. ▇▇, ▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇▇▇▇’ ▇▇▇ ▇▇▇▇ ▇▇▇, 70000 Seremban, Negeri Sembilan. Tel: ▇▇-▇▇▇▇▇▇▇ / ▇▇▇-▇▇▇▇▇▇▇ / ▇▇▇-▇▇▇▇▇▇▇ Fax: ▇▇-▇▇▇▇▇▇▇ Email: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇ Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Our Ref: EZ/LACA/CIMB/287/2021/MNS/Fatin Reserved Price: The property will be sold on an “as is where is” basis and subject to the terms contained in the Proclamation and Conditions of Sale. Deposit: All intending bidders are required to deposit with the Auctioneer, prior to the auction sale, five per cent (5%) of the reserve price together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad. Online bidders are further subject to the Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇

Appears in 1 contract

Sources: Facility Agreement

Express Condition. (i) “Tanah ini hendaklah digunakan sebagai Bangunan bertingkat untuk tujuan Perdagangan (Service Apartment), dibina mengikut ▇▇▇▇▇ ▇▇▇▇ diluluskan oleh Pihak Berkuasa Tempatan yang Berkenaan.” (ii) “Segala kekotoran ▇▇▇ pencemaran akibat aktiviti-aktiviti ini hendaklah disalurkan ke tempat-tempat yang telah ditentukan oleh Pihak Berkuasa yang Berkenaan.” (iii) “Segala dasar ▇▇▇ syarat yang ditetapkan ▇▇▇ dikuatkuasakan dari semasa ke semasa oleh Pihak Berkuasa Berkenaan hendaklah dipatuhi.” Restriction-In-Interest: i. “▇▇▇▇ punya tanah tidak dibenarkan menawar atau menjual unit-unit (parcels) bangunan yang akan dibina di atas tanah ini melainkan bangunan telah mula dibina mengikut ▇▇▇▇▇ ▇▇▇▇ diluluskan oleh Pihak Berkuasa Tempatan yang berkenaan.” ii. “▇▇▇▇▇-▇▇▇▇▇ bangunan yang didirikan di atas tanah ini apabila sahaja bertukar miliknya kepada seorang Bumiputera/Syarikat Bumiputera maka tidak boleh terkemudian daripada itu dijual, dipajak atau dipindahmilik dengan apa cara sekalipun kepada orang Bukan Bumiputera/Syarikat Bukan Bumiputera tanpa persetujuan Pihak Berkuasa Negeri.” iii. “▇▇▇▇▇-▇▇▇▇▇ bangunan yang didirikan di atas tanah ini tidak boleh dijual atau dipindahmilik dengan apa cara sekalipun kepada Bukan Warganegara/Syarikat Asing tanpa persetujuan Pihak Berkuasa Negeri.” The Property will be sold by way of auction through the Auctioneer. The rights, title and interests to the Property will be conveyed to the Successful Purchaser upon completion of the sale. The Assignee/Bank gives no warranty as to the accuracy or correctness of the information and statements contained in this Proclamation of Sale and the Conditions of Sale or as to the state or condition of the Property other than that the Assignee/Bank is the lawful and beneficial assignee of the Property. Save as aforesaid, no representation/warranty is made by or implied against the Assignee/Bank. The Assignee/Bank wherever mentioned in this Proclamation of Sale shall mean the Assignee/Bank and/or any financial institution’s business, assets and liabilities which were transferred to and/or vested in and/or held by the Assignee/Bank and/or any financial institution which changed its name to the Assignee/Bank and that any existing agreement to which the financial institution was a party shall have effect as if the Assignee/Bank had been a party thereto. The full details of the above may be obtained from the Assignee/Bank upon request. Reserve Price: RM460,000.00 Note: Prior to the auction sale, all intending bidders are advised to:- (i) inspect the property; (ii) conduct land searches (official as well as private); (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. For further particulars, please apply to Messrs Kuah, ▇▇▇ ▇▇▇▇ & ▇▇▇, Solicitors for the Assignee/Bank of ▇▇. ▇▇▇ & ▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇. (Ref No.: ▇▇▇▇(JB)/OK/CIMB/231177CIMB/23117/LR, Tel No: ▇▇-▇▇▇▇▇▇▇) or CIMB Bank Berhad Hotline 1 300-88-0811 or Log on to ▇▇▇▇.▇▇▇.▇▇/▇▇▇▇▇▇▇▇▇▇▇ ESZAM AUCTIONEER SDN. BHD. ▇▇▇▇ ▇▇▇▇▇ BIN ▇▇▇▇ ▇▇▇▇▇▇ (PJK) (760902-H) Licensed Auctioneer ▇▇. ▇▇, ▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇▇▇▇’ ▇▇▇ ▇▇▇▇ ▇▇▇, 70000 Seremban, Negeri Sembilan. Tel: ▇▇-▇▇▇▇▇▇▇ / ▇▇▇-▇▇▇▇▇▇▇ / ▇▇▇-▇▇▇▇▇▇▇ Fax: ▇▇-▇▇▇▇▇▇▇ Email: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇ Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Our Ref: EZ/LACA/CIMB/287/2021/MNS/Fatin Reserved Price: The property will be sold on an “as is where is” basis and subject to the terms contained in the Proclamation and Conditions of Sale. Deposit: All intending bidders are required to deposit with the Auctioneer, prior to the auction sale, five per cent (5%) of the reserve price together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad. Online bidders are further subject to the Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇

Appears in 1 contract

Sources: Facility Agreement