Possession Notice and Date Of Possession Sample Clauses

Possession Notice and Date Of Possession. Immediately after constructing, finishing and making the Said Flat habitable and the Parking Space, if any, usable, the Seller shall serve a notice on the Buyer (Possession Notice) calling upon the Buyer to take possession. Within 15 (fifteen) days from the date of the Possession Notice, the Buyer shall be bound to take over physical possession of the Said Flat and the Parking Space, if any, after fulfilling all obligations under this Agreement, including payment of all amounts due to the Seller under this Agreement, failing which it shall be deemed that the Buyer has taken possession on the 15th day of the date of the Possession Notice (date of actual or deemed possession, Date Of Possession).
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Possession Notice and Date Of Possession. On the Completion Date (which may include the Extended Period), the Owners shall serve a notice on the Purchasers (Possession Notice) calling upon the Purchasers to take possession. Within 15 (fifteen) days from the date of the Possession Notice, the Purchasers shall be bound to take over physical possession of the Said Flat, after fulfilling all obligations under this Agreement, including payment of all amounts due to the Owners under this Agreement, failing which it shall be deemed that the Purchasers have taken possession on the 16th day of the date of the Possession Notice (date of actual or deemed possession, Date Of Possession). In case the deeming provision comes into force, the Purchasers confirm that the Purchasers shall not claim to be in physical possession of the Said Flat but nevertheless shall become liable to pay all outgoings relating to the Said Flat And Appurtenances (such as Common Expenses/Maintenance Charges and KMC Tax) and physical possession of the Said Flat And Appurtenances shall be received by the Purchasers only upon clearing all dues and performing all obligations under this Agreement.
Sample 1
Possession Notice and Date Of Possession. The Vendor shall give notice to the Purchaser offering possession (Possession Notice) and the Purchaser shall, within 15 (fifteen) days from the date of the Possession Notice, take physical possession of the Appurtenances (Date of Possession), after payment of all amounts due and payable towards Consideration, Extras, Deposits and any other sum payable in terms of and also after fulfilling all
Sample 1
Possession Notice and Date Of Possession. Immediately after constructing, finishing and making the Said Flat habitable and the Parking Space, if any, usable, the Assignor shall serve a notice on the Assignee (Possession Notice) calling upon the Assignee to take possession. Within 15 (fifteen) days from the date of the Possession Notice, the Assignee shall be bound to take over physical possession of the Said Flat and the Parking Space, if any, after fulfilling all obligations under this Agreement, including payment of all amounts due to the Assignor under this Agreement, failing which it shall be deemed that the Assignee has taken possession on the 15th day of the date of the Possession Notice (date of actual or deemed possession, Date of Possession).
Sample 1
Possession Notice and Date Of Possession. Immediately after constructing, finishing and making the Said Unit habitable and the Parking Space, if any, usable, the Developer shall serve a notice on the Purchasers (Possession Notice) calling upon the Purchasers to make full payment and to take possession. Irrespective of whether the Purchasers takes physical possession of the said Unit within 15 (fifteen) days from the date of the Possession Notice and/or as stipulated in the Possession Notice, the Purchasers shall, for all purposes, be deemed to have taken possession of the said Unit and the Parking Space, if any, on the 15th day of the date of the Possession Notice and/or the date stipulated in the Possession Notice (date of actual or deemed possession, Date of Possession) and therefore the Purchasers be liable and/or obliged to comply with, perform and discharge all such obligations and pay all rates, taxes and/or outgoings, irrespective of the payments terms as agreed herein in respect thereof from that date.
Sample 1
Possession Notice and Date Of Possession. Immediately after constructing, finishing and making the Said Unit habitable and the Parking Space, if any, usable, the Developer shall serve a notice on the Buyer (Possession Notice). Within 15 (fifteen) days from the date of the Possession Notice, the Buyer shall be bound to take over physical possession of the Said Unit and the Parking Space, if any, after fulfilling all obligations under this Agreement, including payment of all amounts due to the Developer under this Agreement, failing which it shall be deemed that the Buyer has taken possession on the 15th day of the date of the Possession Notice (date of actual or deemed possession, Date Of Possession).
Sample 1
Possession Notice and Date Of Possession. Immediately after constructing, finishing and making the Said Flat habitable and the Parking Space, if any, usable, and also after completing construction of the common areas, the Developer/Promoter shall apply with the Kolkata Municipal Corporation for grant of a completion certificate. The Developer/Promoter, upon obtaining the completion certificate or the occupancy certificate from the KMC, shall serve a notice on the Purchaser/Allottee (Possession Notice) calling upon the Purchaser/Allottee to take possession within 60 (sixty) days from the date of the completion certificate. The Purchaser/Allottee shall be bound to take over physical possession of the Said Flat/apartment and the Parking Space, if any, after fulfilling all obligations under this Agreement, including payment of all amounts due to the Developer/Promoter under this Agreement, failing which it shall be deemed that the Purchaser/Allottee has taken deemed possession on the 60th day from the date of the completion certificate, only for the purpose of payment of maintenance and other charges. Actual, defacto possession shall be made over to the Purchaser/Allottee on receipt of all payments by the Developer/Promoter.The registration of the conveyance deed in favour of the Purchaser/Allottee shall be carried out by the Developer/Promoter within 3 months from the date of issue of occupancy certificate subject to the Purchaser/Allottee clearing all amounts due to the Developer/Promoter. The Developer/Promoter agrees and undertakes to indemnify the Purchaser/Allottee in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Developer/Promoter. The Purchaser/Allottee, after taking possession, agrees to pay the maintenance charges as determined by the Developer/Promoter or the association of Purchasers/Allottees, as the case may be after the issuance of the completion certificate for the project by the KMC. The Developer/Promoter shall hand over a copy of the completion certificate of the Project to the Purchaser/Allottee at the time of taking possession or registration of the conveyance deed in favour of the Purchaser/Allottee whichever is earlier.
Sample 1
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Possession Notice and Date Of Possession. Immediately after constructing, finishing and making the Said Flat habitable and the Parking Space, if any, usable, the Owner No. 2/Developer shall serve a notice on the Buyer (Possession Notice) calling upon the Buyer to take possession. Within 15 (fifteen) days from the date of the Possession Notice, the Buyer shall be bound to take over physical possession of the Said Flat and the Parking Space, if any, after fulfilling all obligations under this Agreement, including payment of all amounts due to the Owner No. 2/Developer under this Agreement, failing which it shall be deemed that the Buyer has taken deemed possession on the 15th day of the date of the Possession Notice (date of actual or deemed possession, Date Of Possession) for the purpose of payment of maintenance and other charges. Actual, defacto possession shall be made over to the buyer on receipt of all payments by the Owner No. 2/Developer.
Sample 1

Related to Possession Notice and Date Of Possession

  • Termination Notice and Procedure Any Covered Termination by the Company or the Executive (other than a termination of the Executive’s employment that is a Covered Termination by virtue of Section 2(b)) shall be communicated by a written notice of termination (“Notice of Termination”) to the Executive, if such Notice is given by the Company, and to the Company, if such Notice is given by the Executive, all in accordance with the following procedures and those set forth in Section 23: (a) If such termination is for disability, Cause or Good Reason, the Notice of Termination shall indicate in reasonable detail the facts and circumstances alleged to provide a basis for such termination. (b) Any Notice of Termination by the Company shall have been approved, prior to the giving thereof to the Executive, by a resolution duly adopted by a majority of the directors of the Company (or any successor corporation) then in office. (c) If the Notice is given by the Executive for Good Reason, the Executive may cease performing his duties hereunder on or after the date fifteen days after the delivery of Notice of Termination and shall in any event cease employment on the Termination Date. If the Notice is given by the Company, then the Executive may cease performing his duties hereunder on the date of receipt of the Notice of Termination, subject to the Executive’s rights hereunder. (d) The Executive shall have thirty days, or such longer period as the Company may determine to be appropriate, to cure any conduct or act, if curable, alleged to provide grounds for termination of the Executive’s employment for Cause under this Agreement pursuant to Section 1(f)(iii). (e) The recipient of any Notice of Termination shall personally deliver or mail in accordance with Section 23 written notice of any dispute relating to such Notice of Termination to the party giving such Notice within fifteen days after receipt thereof; provided, however, that if the Executive’s conduct or act alleged to provide grounds for termination by the Company for Cause is curable, then such period shall be thirty days. After the expiration of such period, the contents of the Notice of Termination shall become final and not subject to dispute.

  • Termination Notices If at any time prior to 5:00 p.m. (Eastern time) on June 29, 2016 (the “Property Approval Period”), the Title Company receives a notice from Purchaser that Purchaser has exercised its termination right under Section 5.4, the Title Company, within three (3) Business Days after the receipt of such notice, will deliver the Xxxxxxx Money Deposit to Purchaser. If at any time, except as provided in the preceding sentence, the Title Company receives a certificate of either Sellers or of Purchaser (for purposes of this Section 4.6, the “Certifying Party”) stating that: (a) the Certifying Party is entitled to receive the Xxxxxxx Money Deposit pursuant to the terms of this Agreement, and (b) a copy of the certificate was delivered as provided herein to the other party (for purposes of this Section 4.6, the “Other Party”) prior to or contemporaneously with the giving of such certificate to the Title Company, then, the Title Company shall notify the Other Party in writing of the Title Company’s receipt of such certificate. Unless the Title Company has then previously received, or receives within five (5) Business Days after such written notification to the Other Party of the Title Company’s receipt of the Certifying Party’s certificate, contrary instructions from the Other Party, the Title Company, within one (1) Business Day after the expiration of the foregoing five (5) Business Day period, will deliver the Xxxxxxx Money Deposit to the Certifying Party, and thereupon the Title Company will be discharged and released from any and all liability hereunder. If the Title Company receives contrary instructions from the Other Party within five (5) Business Days following such written notification to the Other Party of the Title Company’s receipt of said certificate, the Title Company will not so deliver the Xxxxxxx Money Deposit, but will continue to hold the same pursuant hereto, subject to Section 4.7.

  • Termination Notice If either Party, having become entitled to do so, decides to terminate this Agreement pursuant to the preceding Clause 8.2 (a) (i) or 8.2 (a) (ii), it shall issue Termination Notice setting out: (i) in sufficient detail the underlying Force Majeure Event; (ii) the Termination Date which shall be a date occurring not earlier than 60 (sixty) days from the date of Termination Notice; (iii) the estimated Termination Payment including the details of computation thereof and; (iv) any other relevant information.

  • Legal Action Notice A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and

  • Share Termination Delivery Property A number of Share Termination Delivery Units, as calculated by the Calculation Agent, equal to the Payment Obligation divided by the Share Termination Unit Price. The Calculation Agent shall adjust the Share Termination Delivery Property by replacing any fractional portion of a security therein with an amount of cash equal to the value of such fractional security based on the values used to calculate the Share Termination Unit Price.

  • Notice of Events As soon as Guarantor obtains knowledge thereof, Guarantor shall give Guarantied Party written notice of any condition or event which has resulted in (a) a material adverse change in the financial condition of Guarantor or Company or (b) any Event of Default or Potential Event of Default.

  • DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION § 3.1 The date of commencement of the Work shall be: § 3.2 The Contract Time shall be measured from the date of commencement of the Work.

  • Termination Option Event The term “

  • Commencement of the Offer Provided that this Agreement shall not have been terminated in accordance with Article 9, as promptly as practicable after the Agreement Date (but in no event more than ten (10) Business Days after the Agreement Date), Purchaser shall (and Parent shall cause Purchaser to) commence (within the meaning of Rule 14d-2 under the Exchange Act) the Offer.

  • NOTICE OF DELAYS Except as otherwise provided under this Contract, when either party has knowledge that any actual or potential situation is delaying or threatens to delay the timely performance of this Contract, that party shall, within one (1) business day, give notice thereof, including all relevant information with respect thereto, to the other party.

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