Assumption of Hydro / Other Services / Hot Water Heater. The Purchaser shall assume sole responsibility for all charges for hydro and other services and utilities (including without limitation gas, water, cable TV and other telecommunications) immediately upon closing to the absolute exoneration of the Vendor. Notwithstanding that the Vendor may, at the Vendor’s sole discretion, initiate or take steps to assist the Purchaser and the supplier of such services and utilities in arranging for such applicable account to be set up, the Vendor is not obliged to provide such assistance to the Purchaser. Accordingly, any such assistance provided by the Vendor is strictly provided as a courtesy on a no liability basis. It is at all times the Purchaser’s sole responsibility to arrange for, set up and make payment all in a satisfactory, accurate and timely manner for all charges and accounts prior to the Closing Date and to provide any such security, information and documentation as may be required by the supplier. The Purchaser is advised and it is further understood and agreed that the hot water heater and tank are not included in the Purchase Price and that the hot water heater and tank are chattel property supplied on a rental basis which will remain the property of the applicable utility/servicing/leasing company and in such event, the Purchaser shall pay the monthly rental, delivery and administrative charges and fees assessed with respect thereto from and after the Closing Date and shall execute and deliver all rental documentation, void cheques and pre-authorized payment forms (on the applicable utility/servicing/leasing company standard form) in connection therewith and shall pay all deposits and security required thereby. The Purchaser acknowledges and agrees that all such charges, fees, deposits and security will be at the rates established by the applicable utility/servicing/ leasing company at the Closing Date (and which may change thereafter from time to time) and not at the time of execution of this Agreement and will be provided either at or prior to the Closing Date or with the first rental xxxx received after the Closing Date. Any rental contract will take effect between SAMPLE the Purchaser and the applicable utility/servicing/leasing company on the Closing Date. The Purchaser hereby appoints the Vendor as the Purchaser’s lawful attorney for the purpose of entering into the applicable utility/servicing/leasing company standard rental agreement, if so required by the Vendor at the Vendor’s sole discretion....
