Common use of OBLIGATIONS AFTER SETTLEMENT Clause in Contracts

OBLIGATIONS AFTER SETTLEMENT. 7.1 If the Crown receives any notice or demand in relation to the settlement licensed land from the Crown, any territorial authority or any tenant after the settlement date, the Crown will, if not paying or complying with such notice or demand, promptly deliver it to the governance entity or the governance entity’s solicitor and, if the Crown fails to do so, the Crown will be liable for any penalty incurred.

Appears in 2 contracts

Samples: Agreement, Agreement

AutoNDA by SimpleDocs

OBLIGATIONS AFTER SETTLEMENT. 7.1 If the Crown receives any notice or demand in relation to the settlement licensed land from the Crown, any territorial authority or any tenant after the settlement date, the Crown will, if not paying or complying with such notice or demand, promptly deliver it to the governance entity or the governance entity’s entity‟s solicitor and, if the Crown fails to do so, the Crown will be liable for any penalty incurred.

Appears in 2 contracts

Samples: www.terarawa.iwi.nz, www.ngatikuri.iwi.nz

AutoNDA by SimpleDocs

OBLIGATIONS AFTER SETTLEMENT. 7.1 8.1 If the Crown receives any notice or demand in relation to the settlement licensed cleared current surplus land from the Crown, any territorial authority or any tenant after the actual cleared current surplus land settlement date, the Crown will, if not paying or complying with such notice or demand, promptly deliver it to the relevant governance entity or the governance entity’s their solicitor and, if the Crown fails to do so, the Crown will be liable for any penalty incurred.

Appears in 1 contract

Samples: www.govt.nz

Time is Money Join Law Insider Premium to draft better contracts faster.