OCCUPATION. To be eligible for automatic reinsurance, the insured must not be employed in an occupation as shown in the Occupation Exclusion List in Schedule A.
OCCUPATION. 6.1 Subject to the Purchase price set out in clause 4 hereof having been fully paid, or (a) guarantee(s) being furnished in terms of clause 4 hereof and in accordance with clauses 7, 8 and 10 of the SCHEDULE, and further provided that any other amounts due by the Purchaser in terms of this Contract have been paid or secured, occupation of the section shall be given to and taken by the Purchaser on a date as determined in this clause 6.
6.2 The Seller shall make every effort to ensure that the section is ready for occupation by not later than the date stipulated in clause 11 of the SCHEDULE; however, the Seller does not warrant that the section will be ready for occupation on the said date. When the section is ready for occupation, the Seller shall notify the Purchaser in writing thereof, whether before or after the anticipated date mentioned in clause 11 of the SCHEDULE which date will then be regarded as the date of occupation for all purposes of this agreement. The Purchaser shall within 7 (seven) days from the date of such notification inspect the section together with a representative of the Seller and compile a snag list detailing all items in respect of the section to be remedied where after the Seller will attend to the necessary as soon as practicably possible. Save as otherwise provided for in terms of this Contract, the Seller shall not be liable to attend to any other or further remedial work after completion of the necessary work detailed in the snag list. The Purchaser may not take occupation of the Property prior to completion of the remedial work by the Seller. The Purchaser shall within 3 (three) days of notification by the Seller that the remedial work is completed, provide the Seller with all documentation required to release any retention on any loan amount granted in terms hereof in respect of the Property and shall confirm in writing that the Purchaser is satisfied with the Unit in all respects.
6.3 The Purchaser shall be obliged to take occupation of the Property on the day following the signature of the documentation that the Purchaser is satisfied with the Unit in all respects as stipulated in clause 6.2 hereof and shall have no claim whatsoever whether for damages, specific performance or otherwise against the Seller arising from the actual date of occupation differing from the anticipated date mentioned in clause 6.2 hereof.
6.4 In the event of the date of occupation preceding the date of transfer, the Purchaser shall pay Occupati...
OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met.
3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle)
3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3
3.2.3. If the answer above is YES, the following is agreed between the Parties:
3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR
3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………..., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.
OCCUPATION. 5.1 The date of occupation for purposes of this agreement, is the date of registration of transfer into the purchaser’s name.
5.2 This date therefore does not refer to the actual date of the Purchaser moving onto the property. The Seller cannot give any warranty or guarantee that the Purchaser will obtain vacant occupation of the property on that date, and the Purchaser shall have no claim of whatsoever nature against the Seller should vacant occupation not be obtained on the said date or at all.
5.3 From the date of occupation of the property and pending transfer, the Purchaser shall not sell, let or in any other manner dispose of, or alienate of encumber (whether temporarily or otherwise) the property or cede or assign any of its rights or obligations relating to the occupation thereof, except with the express written consent of the Seller.
5.4 The Seller may within reason assist the Purchaser at the Purchaser’s expense, as may be reasonably necessary and/or required by law, to assist the Purchaser in obtaining vacant occupation of the property, but not to the extent that the Seller obtains any liability to pay for or effect any eviction itself, or obtain any liability in respect of an unsuccessful eviction, or in respected of any damages suffered whatsoever by the Purchaser as a result thereof.
5.5 If the property is leased, this agreement is entered into subject to the rights of the tenants under any existing lease agreement or law, as well as under the Rental Housing Act if applicable and from the date of occupation the Purchaser accepts all pre-existing obligations and liabilities arising from any lease agreement with any tenants, notwithstanding any omission by either the Seller or Property Practitioner to point out such obligations or liabilities.
OCCUPATION. The Common Seal of FLEURIS PTY LTD was affixed to this Agreement by authority of the Directors in the presence of: ) ) ) ) Xxxx Xxxxxxx DIRECTOR Xxxxxxx Xxxxx DIRECTOR/SECRETARY Schedule 2 — Constitution and proceedings of Board
OCCUPATION. 6.1 The date of occupation for purposes of this agreement, is the date of registration of transfer into the purchaser’s name.
6.2 This date does not refer to the actual date of the Purchaser moving into the property or receiving the keys thereto. The Seller cannot give any warranty or guarantee that the Purchaser will obtain vacant occupation of the property on that date, and the Purchaser shall have no claim of whatsoever nature against the Seller should vacant occupation not be obtained on the said date or at all.
6.3 From the date of occupation of the property and pending transfer, the Purchaser shall not sell, let or in any other manner dispose of, or alienate or encumber (whether temporarily or otherwise) the property or cede and assign any of its rights or obligations relating to the occupation thereof, except with the express written consent of the Seller.
6.4 If the property is leased, this agreement is entered into subject to the rights of the tenants under any existing lease agreement, as well as the Rental Housing Act, if applicable and from the date of occupation, the Purchaser accepts all pre-existing obligations and liabilities arising from any lease agreement with the tenants, notwithstanding any omission by the Seller to point out such obligations or liabilities.
OCCUPATION. 4.1 Estimated Occupation Date
4.2 Occupational interest 1,00% per month of the total purchase price
OCCUPATION. Subject to his or her compliance with all the terms of this Agreement, the Student shall be entitled to the occupation of the Premises. No action on the part of the College shall interfere with that enjoyment of occupation and the College undertakes to take all reasonable steps to secure that no third party shall so interfere.
OCCUPATION. All money being earned by the employee, such as the Employers' contribution to the Benefit Plan, as well as deductions made off the employee's wages, such as Union dues, Vacation Pay, and Pension is a Trust Fund in the hands of the Employer until the money is paid to the Union.
OCCUPATION. Occupation of the Unit shall be given to and taken by the Purchaser on the Occupation Date from which date the risk, profit and loss in the Unit shall pass to the Purchaser. The Seller, however, does not warrant that the Unit will be ready for occupation on the anticipated Occupation Date and should the Unit not be available for occupation on the anticipated Occupation Date the Purchaser shall have no claim against the Seller arising from such late occupation. The Purchaser shall not be entitled to take occupation of the Unit unless the Purchaser has, to the satisfaction of the Seller’s Conveyancers, secured the full purchase price and signed all transfer documentation. If the Seller is unable, for any reason whatsoever, to give occupation of the Unit to the Purchaser on the anticipated occupation date, the Purchaser shall accept occupation of the property on the earliest date thereafter on which the Seller, by written notice of not less than 7 (seven) days to the Purchaser, is able to give occupation and such subsequent date shall be deemed, for all purposes, to be the Occupation Date. Save as aforesaid, the Purchaser shall have no claim of whatsoever nature or howsoever arising against the Seller for failure for any reason to give occupation to the Purchaser on the anticipated Occupation Date. In the event of any dispute as to when occupation of the Unit may be given, a certificate by the Scheme’s Architect (acting as expert and not as an arbitrator) certifying that the Unit is ready for occupation shall be final and binding on the parties. In the event of a dispute the date of the Architect’s certificate shall be deemed to be the Occupation Date. The Purchaser acknowledges that, on the Occupation Date, the buildings may be incomplete and that occupants of the Unit may consequently suffer inconvenience from building operations and from noise and the dust resulting there from and that the Purchaser shall have no claim whatsoever against the Seller by reason of any such inconvenience. Prior to the Occupation Date of the Unit, the Purchaser shall be entitled, at reasonable times and with prior written arrangement with the Seller, to gain access to the site but hereby indemnifies the Seller against any claims for damages or personal injury he/she/it may have as a result of the site visit. The Purchaser shall not be entitled to demand any amendments or repairs to the Unit prior to the Date of Occupation where his/her/its rights in terms of clause 7.1.2 shall ...
