DATE OF TRANSFER Sample Clauses
The "Date of Transfer" clause establishes the specific date on which ownership, rights, or responsibilities for an asset or property are officially transferred from one party to another. In practice, this clause identifies the exact moment when the buyer assumes legal title and the seller relinquishes their interest, which can affect obligations such as risk of loss, insurance, or payment schedules. Its core function is to provide clarity and certainty for both parties regarding when the transfer takes effect, thereby minimizing disputes and ensuring a smooth transition of ownership.
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DATE OF TRANSFER. Transfer will be affected as soon as possible after the Purchaser has complied with all its obligations in terms of this Agreement.
DATE OF TRANSFER. Transfer will be effected as soon as possible after the Suspensive Conditions shall have been fulfilled and the Purchaser shall have complied with all its obligations in terms of this Agreement. No liability of any nature whatsoever shall attach to the Seller arising out of any delays in effecting transfer to the Purchaser, provided always that registration shall occur as soon as is reasonably practicable after the Suspensive Conditions shall have been fulfilled and the Purchaser shall have complied with all its obligations in terms of this Agreement.
DATE OF TRANSFER. Transfer of the Property shall be registered by the conveyancers into the name of the Purchaser as soon as possible after or simultaneously with the opening of the sectional title register provided that the Purchaser fulfilled all of the Purchaser’s obligations in terms of the Contract, including payment of the Purchase price.
DATE OF TRANSFER. The Date of Transfer is defined as the date upon which SR 44 will transfer from INDOT to the CITY. The CITY should expect transfer of this Agreement within 4 weeks of full execution of this Agreement by the Office of Attorney General. The CITY will be notified by certified mail of the exact date and time of transfer providing at least a two week notice of the actual date of transfer. The City agrees to have an official truck route described in Section 1.5 below signed and opened to traffic on the official date of transfer.
DATE OF TRANSFER. The parties agree that the sale, assignment and transfer of the Equity Interest will occur on the date set out on page 1 of this Agreement.
DATE OF TRANSFER. Provided that the Closing occurs, it is the intent of the Parties that the Purchased Assets be transferred to Buyer effective as of the Closing Date. Further, the Assumed Liabilities shall be transferred to and assumed by Buyer effective as of the Closing Date.
DATE OF TRANSFER. The maximum waiting period between acceptance and movement to the position will be two (2) weeks. If there is a need to make an exception to this waiting period, the date of transfer will be arrived at by mutual agreement between the Union and the District.
DATE OF TRANSFER. Transfer of the property shall be registered by the conveyancers into the name of the Purchaser as soon as possible after or simultaneously with the opening of the sectional title register as well as the date on which the Seller delivers to the Purchaser at the Purchaser’s address referred to in clause 17 hereof a written notice informing the Purchaser that the requirements of section 6(1) of the Housing Development Schemes for Retired Persons Act have been complied with in relation to the housing development scheme, provided that the Purchaser has fulfilled all of the Purchaser’s obligations in terms of the Contract, including payment of the purchase price.
DATE OF TRANSFER. On or as soon as possible after fulfilment of any suspensive conditions and receipt of consent to transfer from the ASSOCIATION.
DATE OF TRANSFER. 6.1. Transfer of the Property is to be effected by the Conveyancers referred to in clause 1.5 into the name of the Purchaser as soon as possible after the date of signature hereof.
6.2. Should transfer be delayed, through no fault of either party, the parties shall not hold each other liable for damages suffered as a result of such delay.
6.3. The Seller and Purchaser shall sign all transfer documents when so required by the Conveyancers.