Common use of OCCUPATION Clause in Contracts

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. 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 properties or receiving the keys thereto. The Seller cannot give any warranty or guarantee that the Purchaser will obtain vacant occupation of the property properties 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 properties 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 properties 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 properties 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.