POSSESSION AND VACANT OCCUPATION Sample Clauses

POSSESSION AND VACANT OCCUPATION. 7.1. Possession and vacant occupation shall be given to the Purchaser as set out in the Building Agreement. The Seller is indemnified from any obligation to giving possession and vacant occupation of the premises to the purchaser in light of the Developer taking possession of the premises during the building stage. All obligations and time periods in which to give Purchaser possession and vacant occupation will rest on the Developer.
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POSSESSION AND VACANT OCCUPATION. The Seller shall give and the Purchaser shall take vacant possession of the Property purchased in terms hereof on the Transfer Date, from which date the Property shall be at the risk of the Purchaser.
POSSESSION AND VACANT OCCUPATION. 3.1 Possession and vacant occupation shall be given and taken on transfer from which date all revenue accruing from and expenditure, including rates and other charges imposed by the Saldanha Bay Municipality, in respect of the said property shall be for the account of the Purchaser, and the property shall be solely at the Purchaser's risk and for his loss or profit.

Related to POSSESSION AND VACANT OCCUPATION

  • POSSESSION AND OCCUPATION 12.1 The Purchaser shall be placed in possession of the Property on the Transfer Date or the Occupation Date, whichever is the earlier, from which date the Purchaser will be entitled to all income and be liable for all expenses pertaining to the Property.

  • Possession and Occupancy The Seller will deliver possession and occupancy of the Property to the Buyer at Closing. The Seller shall provide access to all locks, including keys, remote controls, and any security/access codes, necessary to operate all locks, mailboxes, and security systems.

  • NO VACANT POSSESSION 14.1 The Purchaser shall upon full payment of the Balance Purchase Price together with all interest on late payment (if any) be entitled at his own costs and expenses to take possessions of the Property.

  • VACANT POSSESSION The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest (if any).

  • POSSESSION OF THE PROPERTY The Parties hereby agree that the exclusive possession of the Property shall be delivered by the Seller to the Buyer on .

  • Premises defective, dangerous or unsafe condition of the facilities; falls; collisions with objects, walls, equipment or persons; dangerous, unsafe, or irregular conditions on floors, ice, or other surfaces, extreme weather conditions; travel to and from premises.

  • POSSESSION OF PREMISES Tenant shall not be entitled to possession of the premises designated for lease until the security deposit and first month’s rent (or prorated portion thereof), less any applicable promotional discount, is paid in full and the premises designated for lease is vacated by the prior tenant.

  • Licence to Occupy Premises A5.1 Any land or Premises made available to the Contractor by the Authority in connection with the Contract, shall be made available to the Contractor on a non-exclusive licence basis free of charge and shall be used by the Contractor solely for the purpose of performing its obligations under the Contract. The Contractor shall have the use of such land or Premises as licensee and shall vacate the same on completion, termination or abandonment of the Contract.

  • POSSESSION AND RISK 12.1 Possession of the Property shall only be given by the Seller and taken by the Purchaser on registration of transfer, provided that clauses 4.2 and 4.2 above have been complied with, from which date all risks and benefits of ownership in respect of the Property shall pass to the Purchaser.

  • Vacating the Premises The Licensee shall vacate the Premises: (1) upon the normal expiration of this Agreement or (2) upon termination or revocation of this Agreement or (3) within the three-day period set forth in the three-day eviction notice, whichever comes first.

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