Charge / Transfer. If the separate document of title or strata title for the Property has been issued whether before on or after the date of auction sale, the Assignee shall not be required to procure a Memorandum of Transfer nor to register its charge as prescribed by the National Land Code 1965 or Sarawak Land Code or the Land Ordinance Cap. 68 of the Laws of Sabah (where applicable) in favour of the Purchaser from the Developer and/or Proprietor (as the case may be).
Charge / Transfer. (a) If the separate document of title or strata title for the Property has been issued whether before, on or after the date of auction sale, the Assignee/Bank shall not be required to procure a transfer nor to register its charge as prescribed by the National Land Code 1965 or Sarawak Land Code (Cap. 81) or the Sabah Land Ordinance (Cap. 68) (as the case may be) in favour of the Purchaser from the Developer and/or Proprietor (as the case may be).
(b) The transfer of the Property from the Developer and/or Proprietor to the Assignor or, if the Assignor is not the original purchaser, the transfer of the Property from the Developer and/or Proprietor to the original purchaser(s), the transfer of the Property from the original purchaser(s) to the Assignor and the transfer of the Property from the Assignor to the Purchaser shall be prepared and procured by the Purchaser at the Purchaser's own costs and expenses (including costs of transfer from the Developer and/or Proprietor to the Assignor or, if the Assignor is not the original purchaser, costs of transfer from the Developer and/or Proprietor to the original purchaser(s), costs of transfer from the original purchaser(s) to the Assignor and costs of transfer from the Assignor to the Purchaser) and the Purchaser undertakes to pay such sums and comply with the conditions (if any) imposed by the Developer and/or Proprietor and/or State Authorities and/or other relevant bodies pertaining to the registration of such transfer(s) of the Property. The Purchaser shall, if such separate document of title or strata title is issued before or on the date of auction sale, within thirty (30) days after the full payment of the Balance Sum or, if such separate document of title or strata title is issued after the date of auction sale, forty- five (45) days after the issuance of such separate document of title or strata title, execute and procure the execution of the Memorandum or Memoranda of Transfer in respect thereof and attend to the stamping and presentation of such Memorandum or Memoranda of Transfer for registration at the relevant authorities, failing which the Purchaser shall pay to the Assignee/Bank interest at such rate as the Assignee/Bank shall determine and to be calculated on a daily basis from the day immediately following the expiry of the said forty- five (45) day- period to the day such execution, stamping and presentation are completed.
(c) The Purchaser shall be liable to all costs and expenses (including, ...
Charge / Transfer. (a) If the separate document of title or strata title for the Property has been issued whether before, on or after the date of auction sale, the Assignee shall not be required to procure a transfer nor to register its charge as prescribed by the National Land Code 1965 or Sarawak Land Code (Cap.
Charge / Transfer. In the event of termination of the agreement, before the agreement ceases to subsist, THE SECOND PARTY shall transfer the charge in such manner as may be prescribed by THE FIRST PARTY specifically or generally, and including, inter alia,
(i) surrender, submit and transfer to THE FIRST PARTY all the papers or electronic documents, databases, software, diagrams, currency or other amounts, equipment etc. which is/was or are/were kept in the custody of THE SECOND PARTY in relation to or as an incidence of the employment of THE SECOND PARTY under this agreement, along with a written and signed statement listing the same and obtain a receipt verified by THE FIRST PARTY;
(ii) make a written and signed Charge Transfer Report indicating the status of various ongoing projects with which THE SECOND PARTY is then associated with and the activities or decisions that may be reasonably expected to be undertaken by THE FIRST PARTY over the next three months; and
(iii) listing, accounting for and surrendering to THE FIRST PARTY in proper manner all instruments, devices etc., including password[s], mailboxes, identity cards, biometric access right[s], access rights on various computer system[s], credit card[s], debit card[s], smart card[s], digital signature certificate[s] and the like, and any other item or instrument or document that provide THE SECOND PARTY physical or electronic access to the office[s], property, intellectual property, computer systems, databases etc. of THE FIRST PARTY, or being in the care or custody of THE FIRST PARTY or its client[s], and which have been acquired by THE SECOND PARTY in relation to or as an incidence of the employment of THE SECOND PARTY under this agreement,. In the event of any consequent cost[s], damage[s] or liability arising either from failure to transfer charge as indicated in this article, or from any act of omission or commission for which various liability devolves from THE SECOND PARTY on THE FIRST PARTY under law or under Article 17 hereof, THE SECOND PARTY indemnifies THE FIRST PARTY against the same to compensate any loss suffered by THE FIRST PARTY. THE SECOND PARTY shall effect the aforesaid Charge Transfer by the date on which the agreement would cease to subsist, either on expiration of its term of subsistence or on expiration of the notice period failing which THE SECOND PARTY shall be liable to pay THE FIRST PARTY a sum equal to two months' emoluments without prejudice to the provisions of the immediately precedin...
