COMPLETION AND POSSESSION. 5.1. Time is the essence for the Promoter as well as the Allottee. The Promoter shall abide by the time schedule for completing the project and handing over the Apartment(s) to the Allottee and the common areas to the Association of the Alottees after receiving the Occupancy Certificate or the Completion Certificate or both, as the case may be. Similarly, the Allottee shall make timely payments of the installments and/or other dues payable by the Allottee and meeting the other obligations under the Agreement subject to simultaneous completion or construction by the Promoter as provided herein.
COMPLETION AND POSSESSION. The balance of the purchase price shall be paid on or before 4 pm on the date for completion in exchange for: possession (to be vacant except for the tenancies); a duly executed Transfer in favour of the Buyer capable of immediate registration free from encumbrances other than those specified in Item K; the duplicate of the instrument of title (if issued); all keys, codes or devices in the Seller’s possession or control for all locks and security systems on the property; any document the Seller may be required to produce under clause 16.1; and in the case of land being subject to any tenancies, the Seller’s executed and stamped copies of all instruments (if any) evidencing such tenancies and copies of all written records and documents relating to such tenancies, including (without limitation) all original signed inspection reports, and records of rental payments by the current tenant, required under the Residential Tenancies Act. The Buyer shall tender a Transfer, duly executed by the Buyer, to the Seller within 5 working days of the date of this Contract, or where completion of this Contract is subject to the issue of (or service upon one party of notice of the issue of) a separate title to the land included in the property, within 5 working days of the date upon which that condition is satisfied. Subject to clause 3.4, the Seller shall deliver to the Buyer: the Transfer, duly executed by the Seller, to be held in escrow by the Buyer for the purpose of stamping only; and a settlement statement providing particulars of all necessary adjustments to the purchase price and the manner in which the balance of that purchase price is to be paid, no later than 3 working days before the date for completion. Instead of delivering a signed Transfer to the Buyer at least 3 working days before the date for completion, the Seller may elect to present the signed Transfer to the Commissioner of Taxes for assessment of duty no later than 3 working days before the date for completion, in which case: the Buyer shall promptly upon demand, provide the Seller with a lodgement number for the Contract; the Buyer must reimburse the Seller for the duty paid by the Seller upon the Transfer; and the Seller shall deliver the signed stamped Transfer to the Buyer upon completion in exchange for the balance of the purchase price, and, if the Seller has paid the duty upon the Transfer and has not been reimbursed by the Buyer, the amount of duty payable upon the Transfer. Unless otherwise ...
COMPLETION AND POSSESSION. ARTICLE 7. USE OF PREMISES ARTICLE 8. REPAIR, REPLACEMENTS, ALTERATIONS ARTICLE 9. TENANT COVENANTS ARTICLE 10. LANDLORD'S SERVICES ARTICLE 11. ASSIGNMENT, SUBLETTING, ETC. ARTICLE 12. LANDLORD'S RIGHTS ARTICLE 13. DAMAGE BY FIRE, ETC. ARTICLE 14. CONDEMNATION ARTICLE 15. COMPLIANCE WITH LAWS ARTICLE 16. DAMAGE TO PROPERTY ARTICLE 17. SUBORDINATION ARTICLE 18. NOTICES ARTICLE 19.
COMPLETION AND POSSESSION. 3.1 The balance of the purchase price shall be paid on or before 4 pm on the date for completion in exchange for:
COMPLETION AND POSSESSION. (a) Landlord shall exercise reason- ------------------------- able diligence and shall endeavor to have the premises ready for Tenant's possession on or before the commencement date designated in the Preamble to this Lease, subject to delay by causes beyond the reasonable control of Landlord or by the action or inaction of Tenant. of the premises are not ready for Tenant's possession within the meaning of this Article 6 on such commencement date, then this Lease shall not be affected thereby but, in such case, the commencement date shall be deemed to be postponed until the date when the premises are ready for Tenant's possession and Tenant shall not have any claim against Landlord, and Landlord shall have no liability to Tenant, by reason of any such postponement except that if the premises are not ready for Tenant's possession by August 31, 1981, then Tenant shall have the right by notice to Landlord at any time thereafter but prior to the date the premises are ready for Tenant's possession to terminate this Lease with no further liability of one party to the other. The parties hereto agree that this Article 6 constitutes an express provision as to the time at which Landlord shall deliver possession of the premises to Tenant, and Tenant hereby waives any rights to rescind this Lease which Tenant might otherwise have pursuant to any law now or hereafter in force.
COMPLETION AND POSSESSION. 9 5.1 Completion 9 5.2 Possession, Ownership and Risk 9 5.3 Conduct Standards 9 Part 6 Removal of Property 10 6.1 Vendor Obligation 10 6.2 Purchaser Obligation 10 6.3 Verification of Removal 10 6.4 Statutory Compliance 10 6.5 Licensing 11 6.6 Vehicles 11 Part 7 Security 11
COMPLETION AND POSSESSION. (a) Completion is to occur at the offices of the Vendor’s Solicitors at a time between 8:30am and 3:00pm on the Completion Date.
COMPLETION AND POSSESSION. (a) Except for painting of the Premises by Landlord (color: white), the Premises shall be conclusively deemed ready for Tenant’s possession and Tenant accepts the Premises in its “as-is” condition without relying upon any representation made on the part of the Landlord as to the condition thereof.
COMPLETION AND POSSESSION. (a) Landlord shall construct and complete the Building in a good, workmanlike and diligent manner and in compliance with all applicable laws, ordinances, rules and regulations of any duly constituted governmental authority having jurisdiction thereof and shall deliver possession of the Base Building and the Initial Mezzanine Area on March 1, 1998 ("Delivery of Possession Date"). For purposes of this Paragraph 3, Initial Mezzanine Axxx xxxxx xxxx xxx Xxxxxxx Xxxxxxxx Area as shown on Exhibit "B" attached hereto, and the Subsequent Mezzanine Area shall mean all other work relating to the Mezzanine Area, as shown on Exhibit B. Delivery of Possession of (i) the Base Building and the Initial Mezzanine Area including the parking area or (ii) the Subsequent Mezzanine Area, as the case may be, by Landlord to Tenant shall be deemed to have been made when Landlord shall have given Tenant notice of all of the following:
COMPLETION AND POSSESSION. 1. The decision of the Architects regarding the quality of materials used is and shall be final and binding on the Purchaser. It is clarified that event after the date of possession, the Purchaser shall not be entitled to raise any objection to or claim regarding the materials used in the construction and completion of the said Unit. The Unit shall for all purposes be deemed to be completed as far as the said Unit is internally completed with the fixtures and fittings affixed thereto as mentioned in the Fifth Schedule hereto and the Developer provides reasonable egress and ingress thereto and water and electric connection therein.
2. The decision of ACRE ARCHITECTS and FLXI ENGINEERING, Consulting Architect and Engineers regarding all measurement are and shall be final.
3. The said Unit shall be deemed to have been completed as and when the same is made fit for habitation.
4. Before the date of possession of the Unit, the Purchaser agrees and covenants:
a) To pay to the Developer all amounts due and payable towards the cost of construction and completion of the said Unit as mentioned in the Third Schedule hereto and any sum payable for any additional work other than provided for in Fourth Schedule and proportionate costs of all payments made for extra common facilities to be provided to all occupiers of the said Building.
b) To deposit amounts free of interest with the Developer for the purpose and subject to the conditions mentioned in the Fourth Schedule hereto.
c) To pay to the Developer further amounts for the purpose mentioned in the Sixth Schedule hereto.
d) To pay to the owner agreed consideration as mentioned in the Agreement for Sale of land entered into between the parties.
5. Immediately after the said Unit is ready and fit for habitation ( and in this regard the decision of the Architect for the time being shall be final and binding) the Developer shall serve a notice on the Purchaser and within 7 days from the date of such notice ( hereinafter called THE DATE OF POSSESSION ) the Purchaser shall be deemed to have taken physical possession of the said Unit upon making payment of the amounts due to be deposited by the Purchaser as herein stated and the Developer shall not be liable to deliver possession of the said Unit until such time the Purchaser has made full payment of the amounts agreed to be paid by the Purchaser under this Agreement or under the Agreement for Sale and has fully complied with all the terms and conditions herein contained a...
