Common use of RESOLUTIVE CONDITION Clause in Contracts

RESOLUTIVE CONDITION. 19.1 The purchaser acknowledges that the viability of the seller undertaking the development, is dependent on, inter alia, the response by the public to the marketing campaign to be conducted by the seller in respect thereof and the level of sales achieved. Accordingly, the seller shall be entitled, should it in its sole and absolute discretion, determine that the scheme is not viable and on written notice to the purchaser, resile from this agreement. 19.2 The seller shall be entitled to exercise its rights in 19.1 during the period from signature of the agreement up to and including 30 November 2021, whereafter the seller's rights shall lapse. 19.3 In the event of the seller exercising its rights in 19.2 timeously, this agreement shall resolve and shall no longer be of any force or effect and the securing amount together with all interest thereon shall be refunded to the purchaser.

RESOLUTIVE CONDITION. 19.1 20.1 The purchaser acknowledges that the viability of the seller undertaking the development, is dependent on, inter alia, the response by the public to the marketing campaign to be conducted by the seller in respect thereof and the level of sales achieved. Accordingly, the seller shall be entitled, should it in its sole and absolute discretion, determine that the scheme is not viable and on written notice to the purchaser, resile from this agreement. 19.2 20.2 The seller shall be entitled to exercise its rights in 19.1 20.1 during the period from signature of the agreement up to and including 30 1 November 20212022, whereafter the seller's rights shall lapse. 19.3 20.3 In the event of the seller exercising its rights in 19.2 20.2 timeously, this agreement shall resolve and shall no longer be of any force or effect and the securing amount deposit together with all interest thereon shall be refunded to the purchaser.

RESOLUTIVE CONDITION. 19.1 27.1 The purchaser acknowledges that the viability of the seller undertaking the development, scheme is dependent on, on inter alia, alia the response by the public to the marketing campaign to be conducted by the seller in respect thereof and the level of sales achieved. Accordingly, the seller shall be entitled, should it determine, in its sole and absolute discretion, determine discretion that the scheme is not viable and on written notice notice, to the purchaser, resile from this agreement. 19.2 27.2 The seller shall be entitled to exercise its rights in 19.1 27.1 during the period from signature of the agreement up to and including 30 November 2021, whereafter August 2015 wherafter the seller's rights shall lapse. 19.3 27.3 In the event of the seller exercising its rights in 19.2 27.2 timeously, this agreement shall resolve and shall no longer be of any force or effect and the securing amount deposit together with all interest thereon shall be refunded to the purchaser.

RESOLUTIVE CONDITION. 19.1 23.1 The purchaser acknowledges that the viability of the seller undertaking the development, is dependent on, inter alia, the response by the public to the marketing campaign to be conducted by the seller in respect thereof and the level of sales achieved. Accordingly, the seller shall be entitled, should it in its sole and absolute discretion, determine that the scheme scheme, or a phase thereof, is not viable and on written notice to the purchaser, resile from this agreement. 19.2 23.2 The seller shall be entitled to exercise its rights in 19.1 23.1 during the period from signature of the agreement up to and including 30 1 November 20212020, whereafter wherafter the seller's rights shall lapse. 19.3 23.3 In the event of the seller exercising its rights in 19.2 23.2 timeously, this agreement shall resolve and shall no longer be of any force or effect and the securing amount deposit together with all interest thereon shall be refunded to the purchaser.

RESOLUTIVE CONDITION. 19.1 20.1 The purchaser acknowledges that the viability of the seller undertaking the development, is dependent on, inter alia, the response by the public to the marketing campaign to be conducted by the seller in respect thereof and the level of sales achieved. Accordingly, the seller shall be entitled, should it in its sole and absolute discretion, determine that the scheme is not viable and on written notice to the purchaser, resile from this agreement. 19.2 20.2 The seller shall be entitled to exercise its rights in 19.1 20.1 during the period from signature of the agreement up to and including 30 November 31 October 2021, whereafter the seller's rights shall lapse.. [instructions please] 19.3 20.3 In the event of the seller exercising its rights in 19.2 20.2 timeously, this agreement shall resolve and shall no longer be of any force or effect and the securing amount deposit together with all interest thereon shall be refunded to the purchaser.