DECLARATION BY APPLICANT
In accordance with Article 14 of the Constitution of NUSS, l, the above (Transferor), hereby submit this application to effect the transfer of my membership to the following (Buyer):
l, the above (Transferor), hereby also declare and agree to the following terms and conditions:
- a) I shall indemnify and hold NUSS and its Management Committee (officers and employees) harmless from all claims, demands, actions, proceedings, liabilities (including statutory liability and liability to third parties), penalties, and costs (including without limitation, legal costs on a full indemnity basis), awards, losses and/or expenses, arising from the sale of my NUSS membership.
- b) I have never committed an act of bankruptcy or been adjudicated a bankrupt either in Republic of Singapore or in any other country and that l am not aware of any bankruptcy proceedings pending against me in Singapore or elsewhere.
- c) I do not have any pending disciplinary case brought by NUSS against me under the Constitution of NUSS.
- d) That this transfer will be considered only upon full payment of the relevant transfer if such a transfer fee of $4,000* or $200* for family transfer is applicable and all outstanding balance due to NUSS. The transfer fee is subject to Article 14(5) of the Constitution of NUSS.
- e) The transfer form shall be effective only when NUSS confirms the receipt of the form.
- f) This application for transfer is at the sole discretion of NUSS.
- g) i shall be liable for my membership subscriptions and any outstanding charge(s) due to NUSS and incurred on my Monthly Statement of Account inclusive of the month in which the transfer is approved.
- h) i am not subject to Article 14(6) of the Constitution of NUSS that would disallow me to transfer my membership.
- i) I shall inform the Society in writing within fourteen (14) days upon receipt of the Buyer's cheque that the payment to me is in good order. The transfer shall only be deemed complete after such confirmation.
In accordance with Article 14 of the Constitution of the National University of Singapore Society (“NUSS”), l, the above Transferee (Buyer), hereby submit this application to effect the purchase of NUSS membership from the Transferor (Seller).
l, the above (Transferee), hereby also declare and agree to the following terms and conditions:
- a) I shall indemnify and hold NUSS and its Management Committee (officers and employees) harmless from all claims, demands, actions, proceedings, liabilities (including statutory liability and liability to third parties), penalties, and costs (including without limitation, legal costs on a full indemnity basis), awards, losses and/or expenses, arising from the purchase of the NUSS membership.
- b) The full payment of the agreed transacted price must be made within three (3) days from the date of signing this agreement to purchase, otherwise NUSS reserves the right to allocate the purchase of this membership to the next qualifying buyer.
- c) l have never committed an act of bankruptcy or been adjudicated a bankrupt either in Republic of Singapore or in any other country and that l am not aware of any bankruptcy proceedings pending against me in Singapore or elsewhere.
- d) I was not a former member of NUSS who had either resigned or been deleted or been expelled as a NUSS member.
- e) That my application to purchase this membership from the transferor shall be subject to Article 15 of the Constitution of NUSS.
- f) I agree to comply with and be bound by the Constitution, Rules and Regulations of NUSS, as may from time to time be in force.
- g) The transfer form shall come into effect only when NUSS confirms the receipt of the application form.
- h) Admission to membership of NUSS is at the sole discretion of the Management Committee of NUSS.
- i) I shall be liable for my membership subscriptions and any outstanding charge(s) incurred on my Monthly Statement of Account inclusive of the month in which the transfer for NUSS membership is approved.
- j) I shall willingly provide any documentary evidence to support this application when requested.
- k) The transfer shall only be deemed complete upon the Seller's confirmation that the cheque is in good order within fourteen (14) days on the presentation of cheque to the Seller.
* Subject to prevailing GST
I HAVE READ AND AGREED TO THE FOLLOWING TERMS AND CONDITIONS.
