Common use of Adjustments on Closing Clause in Contracts

Adjustments on Closing. 49. In the event the Municipality requires the installation of air conditioning in the subject Dwelling Unit, the Purchaser covenants and agrees to pay the cost therefore as an adjustment on the Closing Date, unless the provision of such air conditioning is included on a Purchaser’s Extra sheet, such cost to be absolutely determined by Statutory Declaration on the part of the Vendor.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale, Agreement of Purchase and Sale, Agreement of Purchase and Sale

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Adjustments on Closing. 49. In the event the Municipality requires the installation of air conditioning in the subject Dwelling Unit, the Purchaser covenants and agrees to pay the cost therefore as an adjustment on the Closing Date, unless the provision of such air conditioning is included on a Purchaser’s Extra sheet, such cost to be absolutely determined by Statutory Declaration on the part of the Vendor.. SAMPLE

Appears in 1 contract

Samples: Agreement of Purchase and Sale

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