Common use of OCCUPATIONAL RENT Clause in Contracts

OCCUPATIONAL RENT. 9.1 Should transfer take place after the Occupation Date, the Purchaser shall pay occupational rent as set out in Clause (e) of the Schedule, from the Occupation Date to date of registration of the property into the name of the Purchaser, both dates inclusive, which shall be paid directly to the Developer monthly in advance on or before the 2nd day of each consecutive month. If the Occupation Date and/or registration date does not fall on the first day of the month, then the occupational rent payable shall be pro-rated for that month. 9.2 In the event of the Occupation Date occurring prior to the fulfilment of any suspensive condition or condition precedent, the Purchaser shall be liable for occupational rent from the Occupation Date notwithstanding that this Agreement may subsequently be of no force and effect by reason of non-fulfilment of any suspensive conditions or condition precedent. 9.3 The occupational rent shall be paid by the Purchaser into the following bank account elected by the Developer, or such other account as notified by the Developer in writing:

OCCUPATIONAL RENT. 9.1 1. Should transfer take place after the Occupation Date, the Purchaser shall pay occupational rent as set out in Clause (e) of the Schedule, from the Occupation Date to date of registration of the property into the name of the Purchaser, both dates inclusive, which shall be paid directly to the Developer monthly in advance on or before the 2nd day of each consecutive month. If the Occupation Date and/or registration date does not fall on the first day of the month, then the occupational rent payable shall be pro-rated for that month. 9.2 2. In the event of the Occupation Date occurring prior to the fulfilment of any suspensive condition or condition precedent, the Purchaser shall be liable for occupational rent from the Occupation Date notwithstanding that this Agreement may subsequently be of no force and effect by reason of non-fulfilment of any suspensive conditions or condition precedent. 9.3 3. The occupational rent shall be paid by the Purchaser into the following bank account elected by the Developer, or such other account as notified by the Developer in writing:

OCCUPATIONAL RENT. 9.1 Should transfer take place after the Occupation Date, the Purchaser shall pay occupational rent as set out in Clause (e) of the Schedule, from the Occupation Date to date of registration of the property into the name of the Purchaser, both dates inclusive, which shall be paid directly to the Developer Owner monthly in advance on or before the 2nd day of each consecutive month. If the Occupation Date and/or registration date does not fall on the first day of the month, then the occupational rent payable shall be pro-rated for that month. 9.2 In the event of the Occupation Date occurring prior to the fulfilment of any suspensive condition or condition precedent, the Purchaser shall be liable for occupational rent from the Occupation Date notwithstanding that this Agreement may subsequently be of no force and effect by reason of non-fulfilment of any suspensive conditions or condition precedent. 9.3 The occupational rent shall be paid by the Purchaser into the following bank account elected by the DeveloperBuilding Contractor, or such other account as notified by the Developer Owner in writing:

OCCUPATIONAL RENT. 9.1 Should transfer take place after the Occupation Date, the Purchaser shall pay occupational rent as set out in Clause (e) of the Schedule, from the Occupation Date to date of registration of the property into the name of the Purchaser, both dates inclusive, which shall be paid directly to the Developer Seller monthly in advance on or before the 2nd day of each consecutive month. If the Occupation Date and/or registration date does not fall on the first day of the month, then the occupational rent payable shall be pro-rated for that month. 9.2 In the event of the Occupation Date occurring prior to the fulfilment of any suspensive condition or condition precedent, the Purchaser shall be liable for occupational rent from the Occupation Date notwithstanding that this Agreement may subsequently be of no force and effect by reason of non-fulfilment of any suspensive conditions or condition precedent. 9.3 The occupational rent shall be paid by the Purchaser into the following bank account elected by the DeveloperSeller, or such other account as notified by the Developer Seller in writing: