agreement of sale of immovable property auction - Pam Golding ...

16. Sold Board7The auctioneer will have the right to erect and display a "Sold" board, or suchother boards as it may determine, at the property for a period of up to _____(______________) days from the signature date.17. Existing LeasesThe property is sold subject to all existing leases, if any, of which thePurchaser acknowledges that it is fully aware, including the terms andconditions thereof.18. Co-operationEach of the parties hereby undertakes to:18.1. sign and execute, on request by the Seller's conveyancers, all suchdocuments necessary to register transfer of the property including, butnot limited to, the execution of the necessary Power of Attorney andVAT/transfer duty declarations;18.2. pass and to procure the timeous passing of all such resolutions ofdirectors and shareholders of any company or members of any closecorporation or trustees of any trust;to the extent that the same lies within the power of such party and may berequired to give effect to the import or intent of this agreement, or anycontract concluded pursuant to the provisions of this agreement.19. Notices and Domicilia19.1. The Seller chooses its addresses set out in annexure "A" of thisagreement as its domicilium citandi et executandi for the service of allnotices.19.2. All notices in terms of this agreement may be delivered by hand at thedomicilium citandi et executandi of the Seller (in which case it will bedeemed to have been received when delivered) or by telefax or by e-mail (in which case it will be deemed to have been received on theday of dispatch by telefax or by e-mail). Such receipt is deemed tohave been received notwithstanding that the Seller nor any otherperson is present at any such address at the time.19.3. The Seller is entitled to change its domicilium citandi et executandi toanother street address within the Republic of South Africa or another