Common use of COMMENCEMENT AND COMPLETION OF THE WORKS Clause in Contracts

COMMENCEMENT AND COMPLETION OF THE WORKS. 7.1 The Contractor shall not be obliged to commence with the Works until: 7.1.1. The Employer has furnished adequate security to the Contactor's satisfaction for the Total Contract Price; and 7.1.2. All necessary consents, approvals and/or registrations from all relevant authorities have been obtained; and 7.1.3. The Property is registered in the name of the Employer and the Employer's bond (if applicable) has been registered. 7.2 The Contractor must complete the Works, subject to any extension of time as provided for in this Agreement, within a period of 150 (One Hundred & Fifty) Business Days after the Commencement Date. If commencement of the Works is delayed for longer than 150 (One Hundred and Fifty) Business Days’ from transfer of the property to the Employer for any reason other than a reason attributable to the fault and/or omission of the Contractor, then the Contractor shall be entitled, in its sole discretion, to resile from this Agreement with neither party having any further claim against one another. Alternatively the Parties may agree to an amended Total Contract Price. 7.3 If the commencement or completion of the Works is delayed for any cause whatsoever beyond the Contractor's control then the Contractor shall be entitled to a fair and reasonable extension of time for the commencement or completion of the Works. 7.4 All amounts due and unpaid shall be payable by the Employer on the Completion Date.

COMMENCEMENT AND COMPLETION OF THE WORKS. 7.1 The Contractor shall not be obliged to commence with the Works until: 7.1.1. The 7.1.1 the Employer has furnished adequate security to the Contactor's satisfaction for the Total Contract Price; and 7.1.2. All 7.1.2 all necessary consents, approvals and/or registrations from all relevant authorities have been obtained; and 7.1.3. The Property is registered in the name of the Employer and the Employer's bond (if applicable) has been registered. 7.2 The Contractor must complete the Works, subject to any extension of time as provided for in this Agreement, within a period of 150 (One Hundred & Fifty) Business Days after the Commencement Date. If commencement of the Works is delayed for longer than 150 180 (One Hundred and FiftyEighty) Business Days’ Days from transfer the fulfilment of the property conditions referred to the Employer in Clause 7.1 above for any reason other than a reason attributable to the fault and/or omission of the Contractor, then the Contractor shall be entitled, in its sole discretion, to resile resign from this Agreement with neither party having any further claim against one another. Alternatively Alternatively, the Parties may agree to an amended Total Contract Price. 7.3 If the commencement or completion of the Works is delayed for any cause whatsoever beyond the Contractor's control then the Contractor shall be entitled to a fair and reasonable extension of time for the commencement or completion of the Works. 7.4 Subject to any extensions permitted in terms of Clause 7.2, the Contractor shall complete the Works within 180 (One Hundred and Eighty) Days after the Transfer Date, as defined in the Agreement of Sale. 7.5 All amounts due and unpaid shall be payable by the Employer on the Completion Date.

COMMENCEMENT AND COMPLETION OF THE WORKS. 7.1 The Contractor shall not be obliged to commence with the Works until: 7.1.1. The the Employer has furnished adequate security to the Contactor's satisfaction for the Total Contract Price; and 7.1.2. All all necessary consents, approvals and/or registrations from all relevant authorities have been obtained; and 7.1.3. The the Property is registered in the name of the Employer and the Employer's bond (if applicable) has been registered. 7.2 The Contractor must complete the Works, subject to any extension of time as provided for in this Agreement, within a period of 150 120 (One Hundred & Fiftyand Twenty) Business Days after the Commencement Date. If commencement of the Works is delayed for longer than 150 (One Hundred and Fifty) Business Days’ from transfer of the property to the Employer Signature Date for any reason other than a reason attributable to the fault and/or omission of the Contractor, then the Contractor shall be entitled, in its sole discretion, to resile resign from this Agreement with neither party having any further claim against one another. Alternatively the Parties may agree to an amended Total Contract Price. 7.3 If the commencement or completion of the Works is delayed for any cause whatsoever beyond the Contractor's control then the Contractor shall be entitled to a fair and reasonable extension of time for the commencement or completion of the Works. 7.4 All amounts due and unpaid shall be payable by the Employer on the Completion Date.

COMMENCEMENT AND COMPLETION OF THE WORKS. 7.1 The Contractor shall not be obliged to commence with the Works until: 7.1.1. The 7.1.1 the Employer has furnished adequate security to the Contactor's satisfaction for the Total Contract Price; and 7.1.2. All 7.1.2 all necessary consents, approvals and/or registrations from all relevant authorities have been obtained; and 7.1.3. The 7.1.3 the Property is registered in the name of the Employer and the Employer's bond (if applicable) has been registered. 7.2 7.1.4 The Contractor must complete the Works, commencement date is subject to any extension a minimum of time as provided for 4 (FOUR) properties being sold in this Agreement, within a period the Development. This condition can be waived in the discretion of 150 (One Hundred & Fifty) Business Days after the Commencement Date. Contractor. 7.2 If commencement of the Works is delayed for longer than 150 180 (One Hundred and FiftyEighty) Business Days’ Days from transfer the fulfilment of the property conditions referred to the Employer in Clause 7.1 above for any reason other than a reason attributable to the fault and/or omission of the Contractor, then the Contractor shall be entitled, in its sole discretion, to resile resign from this Agreement with neither party having any further claim against one another. Alternatively the Parties may agree to an amended Total Contract Price. 7.2.1 The Contractor shall commence the Works within 1 (One) month from the date on which the Property is registered in the name of the Employer. 7.2.2 The Contractor undertakes to complete the construction of the Works within 24 (Twenty Four) weeks from the date on which the Property is registered in the name of the Employer. 7.3 If the commencement or completion of the Works is delayed for any cause whatsoever beyond the Contractor's control then the Contractor shall be entitled to a fair and reasonable extension of time for the commencement or completion of the Works. 7.4 All amounts due and unpaid shall be payable by the Employer on the Completion Date.

COMMENCEMENT AND COMPLETION OF THE WORKS. 7.1 The Contractor shall not be obliged to commence with the Works until: 7.1.1. The 7.1.1 the Employer has furnished adequate security to the Contactor's satisfaction for the Total Contract Price; and 7.1.2. All 7.1.2 all necessary consents, approvals and/or registrations from all relevant authorities have been obtained; and 7.1.3. The 7.1.3 the Property is registered in the name of the Employer and the Employer's bond (if applicable) has been registered. 7.1.4 the Employer has provided the project attorneys, Boshoff Njokweni Inc with signed building Progress Payment (draw) forms in favour of the Contractor in terms of 5.1.7.1 above to enable the Contractor to receive payments. 7.2 The Contractor must complete the Works, subject to any extension of time as provided for in this Agreement, within a period of 150 (One Hundred & Fifty) Business Days after the Commencement Date. If commencement of the Works is delayed for longer than 150 180 (One Hundred and FiftyEighty) Business Days’ Days from transfer the fulfilment of the property conditions referred to the Employer in Clause 7.1 above for any reason other than a reason attributable to the fault and/or omission of the Contractor, then the Contractor shall be entitled, in its sole discretion, to resile resign from this Agreement with neither party having any further claim against one another. Alternatively the Parties may agree to an amended Total Contract Price. 7.2.1 Subject to paragraph 5, the Contractor shall commence the Works within 1 (One) month from the date on which the Property is registered in the name of the Employer. 7.2.2 The Contractor undertakes to complete the construction of the Works within 6 months from the date on which the Property is registered in the name of the Employer, or such date as agreed between the parties; 7.3 If the commencement or completion of the Works is delayed for any cause whatsoever beyond the Contractor's control then the Contractor shall be entitled to a fair and reasonable extension of time for the commencement or completion of the Works. 7.4 All amounts due and unpaid shall be payable by the Employer on the Completion Date.

COMMENCEMENT AND COMPLETION OF THE WORKS. 7.1 The Contractor shall not be obliged to commence with the Works until: 7.1.1. The the Employer has furnished adequate security to the Contactor's satisfaction for the Total Contract Price; and 7.1.2. All all necessary consents, approvals and/or registrations from all relevant authorities have been obtained; and 7.1.3. The the Property is registered in the name of the Employer and the Employer's bond (if applicable) has been registered. 7.2 The Contractor must complete the Works, subject to any extension of time as provided for in this Agreement, within a period of 150 100 (One Hundred & FiftyHundred) Business Days after the Commencement Date. If commencement of the Works is delayed for longer than 150 (One Hundred and Fifty) Business Days’ from transfer of the property to the Employer Signature Date for any reason other than a reason attributable to the fault and/or omission of the Contractor, then the Contractor shall be entitled, in its sole discretion, to resile resign from this Agreement with neither party having any further claim against one another. Alternatively the Parties may agree to an amended Total Contract Price. 7.3 If the commencement or completion of the Works is delayed for any cause whatsoever beyond the Contractor's control then the Contractor shall be entitled to a fair and reasonable extension of time for the commencement or completion of the Works. 7.4 All amounts due and unpaid shall be payable by the Employer on the Completion Date.

COMMENCEMENT AND COMPLETION OF THE WORKS. 7.1 The Contractor shall not be obliged to commence with the Works until: 7.1.1. The the Employer has furnished adequate security to the Contactor's satisfaction for the Total Contract Price; and 7.1.2. All all necessary consents, approvals and/or registrations from all relevant authorities have been obtained; and 7.1.3. The the Property is registered in the name of the Employer and the Employer's bond (if applicable) has been registered. 7.2 The Contractor must complete the Works, subject to any extension of time as provided for in this Agreement, within a period of 150 100 (One Hundred & FiftyHundred) Business Days after the Commencement Date. If commencement of the Works is delayed for longer than 150 (One Hundred and Fifty) Business Days’ from transfer of the property to the Employer Signature Date for any reason other than a reason attributable to the fault and/or omission of the Contractor, then the Contractor shall be entitled, in its sole discretion, to resile resign from this Agreement with neither party having any further claim against one another. .Alternatively the Parties may agree to an amended Total Contract Price. 7.3 If the commencement or completion of the Works is delayed for any cause whatsoever beyond the Contractor's control then the Contractor shall be entitled to a fair and reasonable extension of time for the commencement or completion of the Works. 7.4 All amounts due and unpaid shall be payable by the Employer on the Completion Date.

COMMENCEMENT AND COMPLETION OF THE WORKS. ‌ 7.1 The Contractor shall not be obliged to commence with the Works until: 7.1.1. The the Employer has furnished adequate security to the Contactor's satisfaction for the Total Contract Price; and 7.1.2. All all necessary consents, approvals and/or registrations from all relevant authorities have been obtained; and 7.1.3. The the Property is registered in the name of the Employer and the Employer's bond (if applicable) has been registered. 7.2 The Contractor must complete the Works, subject to any extension of time as provided for in this Agreement, within a period of 150 100 (One Hundred & FiftyHundred) Business Days after the Commencement Date. If commencement of the Works is delayed for longer than 150 (One Hundred and Fifty) Business Days’ from transfer of the property to the Employer Signature Date for any reason other than a reason attributable to the fault and/or omission of the Contractor, then the Contractor shall be entitled, in its sole discretion, to resile resign from this Agreement with neither party having any further claim against one another. Alternatively the Parties may agree to an amended Total Contract Price. 7.3 If the commencement or completion of the Works is delayed for any cause whatsoever beyond the Contractor's control then the Contractor shall be entitled to a fair and reasonable extension of time for the commencement or completion of the Works. 7.4 All amounts due and unpaid shall be payable by the Employer on the Completion Date.