Closing and Occupancy Date Sample Clauses

Closing and Occupancy Date. The Purchaser will deliver the balance of the Purchase Price, at the Purchaser’s expense, by way of a solicitor’s CERTIFIED CHEQUE or BANK DRAFT, to XxXXXX LAW LLP in trust (the “Vendor’s Solicitors”) by NO LATER THAN 12:00 noon on the Closing Date. The Closing Date (the “Closing Date”) shall be the day immediately prior to the Occupancy Date. The Occupancy Date shall be the date that the Unit becomes ready to be occupied by the Purchaser, and the Vendor wants the Purchaser to take possession. On the Closing Date, title to the Unit, if available for conveyance, shall be transferred to the Purchaser provided that if title is not then available for transfer to the Purchaser, the Vendor shall continue to retain those monies received from the Purchaser and required to be held in trust pursuant to Section 14 of the Condominium Property Act, R.S.A. 2000, c. C-22 (the “Act”), and subclause 1(g) herein shall apply. Whether the Unit is ready to be occupied refers to the Unit and not any other unit or common property within the Development and the Unit will be deemed to be ready to be occupied if the City of Calgary has given permission in writing to occupy the Unit pursuant to the regulations under the Safety Codes Act, R.S.A. 2000, c. S-1, whether such permission is temporary, conditional or final. If the Closing Date is a Saturday, Sunday, holiday or a day upon which the Land Titles office is not open for business, the Closing Date shall be the immediately preceding business day. If the Closing Date has not occurred by November 30, 2019, (the “Outside Date”), then this Contract will be terminated, the Deposit and interest thereon will be returned to the Purchaser and the parties will be released from all of their obligations hereunder, provided that:
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Closing and Occupancy Date. (a) The Purchaser will deliver the balance of the Purchase Price, at the Purchaser’s expense, by way of a solicitor’s CERTIFIED CHEQUE or BANK DRAFT, to the prescribed trustee XxXXXX LAW LLP in trust (the “Vendor’s Solicitors”) by NO LATER THAN 12:00 noon on the Closing Date. The Closing Date (the “Closing Date”) shall be the day immediately prior to the Occupancy Date. The Occupancy Date shall be the date that the Unit becomes ready to be occupied by the Purchaser, and the Vendor wants the Purchaser to take possession.
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Related to Closing and Occupancy Date

  • Possession and Occupancy The Seller will deliver possession and occupancy of the Property to the Buyer at Closing. The Seller shall provide access to all locks, including keys, remote controls, and any security/access codes, necessary to operate all locks, mailboxes, and security systems.

  • USE AND OCCUPANCY Tenant shall use and occupy the Demised Premises for the commercial purpose of [Description of commercial purpose] and related activities. The Demised Premises shall be used for no other purpose without the advance written consent of Landlord. Tenant shall operate the Demised Premises in a clean and dignified manner and in compliance with all applicable laws, regulations, rules, and ordinances. Janitorial Services (Check one) ☐ Tenant shall provide its own janitorial services. ☐ As agreed by both parties, Landlord shall provide janitorial services and shared costs will be included in the Operating Cost. Tenant shall use the Demised Premises for no unlawful purpose or act; shall commit or permit no waste or damage to the Demised Premises; shall, at Tenant’s expense, comply with and obey all applicable laws, regulations, or orders of any governmental authority or agency; shall not do or permit anything to be done in or about the Demised Premises which will in any way obstruct or interfere with the rights of other tenants or occupants of the Real Property; and shall comply with all the rules and requirements promulgated by Landlord with respect to the Real Property, as the same may be amended from time to time. Tenant agrees as follows: (Check all that apply)

  • Occupancy Period a. The student may begin occupancy of their assigned room space on the dates listed in the University catalog. Failure to occupy the room by the first official day of classes each semester may result in a reassignment of the room; however, the residential student agreement will remain enforced. Students are expected to occupy their assigned room. Students who choose to vacate their assignment without being officially exempted from the agreement have abrogated their right to that space, and are required to return any key(s) for the vacated assignment as directed. Failure to return key(s) as directed will result in billing for associated lock changes(s). Students remain liable for room charges during the life of the agreement. Students returning during the agreement period will be reassigned to an available space.

  • POSSESSION AND OCCUPATION 12.1 The Purchaser shall be placed in possession of the Property on the Transfer Date or the Occupation Date, whichever is the earlier, from which date the Purchaser will be entitled to all income and be liable for all expenses pertaining to the Property.

  • Owner Occupancy Participant(s) agree to maintain the property as their primary residence during the term of this Agreement, any extensions thereof, or until closeout, documentation is approved by NCORR. If during the term of the Grant Agreement, Participant(s) (1) use the property as an investment property (2) convert the structure to an ineligible structure type or use, or (3) uses the property as a recreational house or “second” home, then NCORR may require immediate payment in full of the entire grant amount provided to the Participant(s). Participant(s) agree that if during the term of this Agreement, any extensions thereof or prior to closeout, Participant(s) sell part or all of the property without NCORR’s prior written consent, then NCORR may require payment in full the amount of the Grant outstanding at the time of sale.

  • Maximum Occupancy No more than two (2) guests per one (1) resident (who is present) are permitted in a student room/suite/apartment at any given time unless otherwise approved by the University (Residential Life).

  • Final Completion The full and final completion of all Work in accordance with the Contract Documents.

  • At Substantial Completion and Final Completion the Contractor shall provide a certification letter certifying that the Work does not contain asbestos as required by the UTUGCs.

  • Substantial Completion “Substantial Completion” means the stage in the progress of the Work when the Work, or designated portions thereof, may still require minor modifications or adjustments but, in the Owner’s opinion, the Work has progressed to the point such that all parts of the Work under consideration are fully operational and usable for intended purposes, as evidenced by a Certificate of Substantial Completion approved by the Owner. If a Certificate of Occupancy is required by public authorities having jurisdiction over the Work, said certificate shall be issued before the Work or any portion thereof is considered substantially complete. When the Contractor considers that the Work, or a portion thereof which the Owner agrees to accept separately, is substantially complete, the Contractor shall notify Owner’s Designated Representative (sometimes referred to as the “ODR”) and request a determination as to whether the Work or designated portion thereof is substantially complete. If the ODR does not consider the Work substantially complete, the ODR will notify the Contractor giving reasons therefore. Failure on the Owner’s part to list a reason does not alter the responsibility of the Contractor to complete all Work in accordance with the terms of this Agreement. After satisfactorily completing items identified by Owner’s Designated Representative, the Contractor shall then submit another request for the ODR to determine Substantial Completion. If The ODR considers the Work substantially complete, The ODR will prepare and deliver a certificate of Substantial Completion which shall establish the date of Substantial Completion, shall include a punch list of items to be completed or corrected before final completion and final payment, shall establish the time within which the Contractor shall finish the punch list, and shall establish responsibilities of the Owner and the Contractor for security, maintenance, heat, utilities, damage to the Work, warranty and insurance. Failure to include an item on the punch list does not alter the responsibility of the Contractor to complete all Work in accordance with the terms and conditions of this Agreement. The certificate of Substantial Completion shall be signed by the Owner and the Contractor to evidence acceptance of the responsibilities assigned to them in such certificate. Substantial Completion (as defined in this agreement) for all stages of the Work shall be achieved on or before the following Substantial Completion date: DATE FOR SUBSTANTIAL COMPLETION: TBD Under no circumstances will the time for Substantial Completion exceed this date without a written amendment to this Agreement. THE TIMES SET FORTH IN THE CONSTRUCTION DOCUMENTS ARE AN ESSENTIAL ELEMENT OF THE AGREEMENT. TIME LIMITS STATED IN THE CONTRACT DOCUMENTS ARE OF THE ESSENCE OF THIS AGREEMENT.

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project

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