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. 7.2 Immediately after the settlement date, the Crown will give notice of the transfer of the settlement licensed land to the territorial authority having jurisdiction in respect of that property.

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. 7.2 Immediately after the settlement date, the Crown will give notice of the transfer of the settlement licensed land to the territorial authority having jurisdiction in respect of that property.