Electronic Settlement. (1) Clauses 5.1(2) and 5.2 do not apply.
Electronic Settlement. 18.1 Settlement and lodgement of the instruments necessary to record the purchaser as registered proprietor of the land will be conducted electronically in accordance with the Electronic Conveyancing National Law. This general condition 18 has priority over any other provision of this contract to the extent of any inconsistency.
Electronic Settlement. (6) this contract or affect its interpretation. Calculating Time If anything is permitted or required to be done:
Electronic Settlement. If settlement is to be conducted through the system operated by Property Exchange Australia Ltd for settlement of conveyancing transactions, the Seller and the Buyer will be taken to have complied with clause 29.3 if the electronic settlement schedule within the electronic workspace used for Settlement specifies payment of the GST Withholding Amount to the account nominate by the Commissioner.
Electronic Settlement. Settlement facilitated by an Electronic Lodgment Network Operator, as defined under section 15 of the Electronic Conveyancing National Law (Qld). Encumbrances Includes any of the following that affects land—
Electronic Settlement. (a) The parties may agree to conduct settlement in accordance with the Electronic Conveyancing National Law.
Electronic Settlement. If Settlement is paid to Argentex electronically, the Client agrees that Settlement shall not be recallable by the Client without Argentex’s prior written consent. If the Client fails to make immediate payment in full Settlement for the Transaction, or if a Default Event has occurred in relation to the Client under the Agreement, Argentex is not required to perform its obligations under outstanding Transactions and shall have the right to suspend and/or ultimately terminate the Services offered under these Terms and Conditions, and terminate all Transactions under clause 8 of this Agreement.
Electronic Settlement. (1) Clauses 5.1(1)(b), 5.1(2) and 5.2 do not apply.
(2) Payment of the Balance Purchase Price electronically as directed by the Seller's Solicitor in the Financial Settlement Schedule satisfies the Buyer's obligation in clause 2.5(1).
(3) The Seller and Xxxxx will be taken to have complied with:
(a) clause 2.5(3)(c), (e) and (f); and
(b) clause 2.5(5)(d) and (e), (as applicable) if at settlement the Financial Settlement Schedule specifies payment of the relevant amount to the account nominated by the Commissioner of Taxation.
(4) The Seller will be taken to have complied with clause 5.3(1)(b), (c), (d), (e) and (f) if:
(a) in relation to documents which are suitable for Electronic Lodgement in the Land Registry at settlement, the documents are Digitally Signed within the Electronic Workspace; and
(b) in relation to any other document or thing, the Seller's Solicitor:
(i) confirms in writing prior to settlement that it holds all relevant documents which are not suitable for Electronic Lodgement and all Keys (if requested under clause 5.3(1)(c)) in escrow on the terms contained in the QLS E-Conveyancing Guidelines; and
(ii) gives a written undertaking to send the documents and Keys (if applicable) to the Buyer or Buyer’s Solicitor no later than the Business Day after settlement; and
(iii) if requested by the Buyer, provides copies of documents in the Seller’s Solicitors possession.
(5) A party is not in default to the extent it is prevented from complying with an obligation because the other party or the other party's Financial Institution has not done something in the Electronic Workspace.
(6) Any rights under the contract or at law to terminate the contract may not be exercised during the time the Electronic Workspace is locked for Electronic Settlement.
(7) Electronic Settlement is taken to occur when Financial Settlement is effected, whether or not Electronic Lodgement has occurred.
Electronic Settlement. (1) Clause 7.1(1) does not apply.
Electronic Settlement. 11.1 Application of Clause
