3. Subject to Completion of Sale of Buyer’s Property (where the Buyer has already entered a contract)
(a) This Contract is subject to and conditional upon the completion of the sale of the Buyer’s property situated at xxxx on or before the Date for Completion. The Buyer agrees to do all things reasonably necessary to ensure that completion of the said sale takes place by the stipulated time and in the event that the said sale is not completed by the stipulated time through no fault of the Buyer, the Contract shall be at and end and all monies paid by way of deposit shall be refunded without deduction.
(b) The buyer warrants that he has entered into a contract for the sale of his said property and shall furnish the Vendor with a copy of that contract when requested to do so.
(c) The Parties agree that this Clause is inserted for the benefit of the Buyer and the Buyer may waive the benefit of the provisions of the sub-clause (a) at any time on or before the date stipulated by giving to the Seller notice in writing.