From the Completion Date Sample Clauses
From the Completion Date. 6.3.1 the Purchaser shall become liable for the payment of occupational interest to the Seller calculated at 0,75% (zero comma seven five percent) of the Purchase Price per month, which amount is payable to the Trust Account monthly in advance on or before the first business day of every month; and
6.3.2 the Purchaser shall become entitled to all rental income in respect of the Property.
From the Completion Date. (a) All risk and profit or loss in the Unit shall pass to the Purchaser;
(b) The Purchaser shall be entitled to any income earned from the Unit;
(c) The Purchaser shall be liable for and shall pay: Initial
(i) the estimated Body Corporate ▇▇▇▇ determined by the Developer pending the establishment of the Body Corporate and thereafter the Body Corporate Levy due to the Body Corporate;
(ii) the estimated rates determined by the Developer until the Transfer Date and thereafter the rates due to the Municipality;
(iii) any Association Levy that may be due to the Association by the Purchaser in the future. The Purchaser acknowledges that the Body Corporate is currently liable for a levy to the Association in respect of the Land, which will form part of the Body Corporate Levy;
(iv) utility charges and all other expenses pertaining to the Unit.
(d) The Purchaser shall keep and maintain the Unit in a good, clean order and condition.
From the Completion Date the Seller shall permit the Buyer only to occupy each of the Properties as licensee and the Buyer shall in relation to each of the Properties from that date until the Property Completion Date:
(i) pay to the Seller by way of licence fee an amount equal to all rents and other outgoings or expenses payable in respect of the use and occupation of the Properties and any such sums as may become due under the Leases thereof or otherwise in respect of the Properties together with any amounts in respect of value added tax thereon (apportioned as from the Completion Date) and indemnify the Seller and on demand in respect thereof;
(ii) observe and perform the covenants obligations and stipulations on the part of the tenant contained or to be contained in the Leases and indemnity the Seller against all costs, claims, proceedings, damages, losses and actions arising out of any breach of the lessee's covenants to be contained in the Leases whether by virtue of the licence for occupation granted by this clause or otherwise.
From the Completion Date the Seller shall fully indemnify and hold the Purchaser and the relevant Group Companies harmless on a “euro for euro”, a “US Dollar for US Dollar” or “GB Pound for GB Pound” basis, as the case may be, from any and all Losses in connection with the ▇▇▇▇▇▇▇▇▇ Research International Group Pension Scheme (the “UK Pension Scheme”), including but not limited to, any debt arising pursuant to section 75 of the Pensions ▇▇▇ ▇▇▇▇ or debt or other payment under an arrangement pursuant to the Occupational Pension Schemes (Employer Debt) Regulations 2005 (the “UK Employer Debt Regulations”).