The Buyer agrees that as and from the date upon which this Contract of Sale becomes unconditional the Seller shall be entitled to the deposit monies as paid hereunder unconditionally and the parties direct the Stakeholder to release the deposit monies to the Seller. OR The Buyer agrees that as and from the date upon […]
Read More… from When deposit to be utilised by Seller prior to completion
The Seller and the Buyer authorise and direct that the deposit shall be invested by the Stakeholder with [1] and the interest accrued thereon shall be distributed as follows: (a) if the contract is completed then the Seller and the Buyer shall be entitled to such interest equally; (b) if the contract is rescinded or […]
The Seller irrevocably directs the Buyer to draw a cheque upon settlement from the Balance Purchase Price in favour of the Agent in payment of the commission and to deliver same forthwith to the Agent after settlement has been effected. Legend [1] amount of balance commission […]
(a) The deposit referred to in the Contract shall be paid as follows: (i) The sum of $[1] on the date of execution of this Contract; and (11) A Deposit Bond issued by an Insurance Company or Trading Bank which shall be delivered to the Stakeholder by the Buyer within forty-eight (48) hours from the […]
The deposit referred to in the Contract shall be paid by way of an unconditional bank guarantee drawn on an Australian trading bank. […]
The deposit of [1] shall be paid as to the sum of [2] forthwith on the execution of this Contract and the balance of [3] on or before [4]. Legend [1] amount of deposit [2] amount of first instalment of deposit [3] balance deposit [4] date for payment of balance deposit […]
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