Buy And Sell Agreement
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11BUY AND SELL AGREEMENT
1
PARTIES
The parties to this agreement are: –
1.1
1.1.1
[ _______________________________________________ ]; and
1.
[ _______________________________________________
].
1.2
The parties agree as set out below.
2
INTERPRETATION
2.1
In this agreement, unless inconsistent with or otherwise indicated by the
context: -
2.1.1
"the/this agreement" means the Buy and Sell agreement as set out
herein together with all appendices hereto;
“business day” means a day other than a Sunday, Saturday or
2.1.2
official public holiday in the Republic of South Africa;
“the effective date” means, notwithstanding the signature date, the
2.1.3
date on which the suspensive condition referred to in 4.1 has been
fulfilled;
“the insurer” means Channel Life Limited, the insurer in terms of the
2.1.4
policy;
2.1.5
"the parties" means the seller and the purchaser;
Seller initial
:
Witness initial
:
Purchaser initial
:
Witness initial
:
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JDW [2003-12-04]
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