Possession Notice and Date Of Possession Sample Clauses

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) 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 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).
AutoNDA by SimpleDocs
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 obligations required to be complied with and/or performed on the part of the Purchaser in pursuance of this Agreement or otherwise required by law. In this regard it is clearly understood and agreed by the Purchaser that all the above conditions will be condition precedent to the Purchaser taking possession of the Composite Unit. However, the Vendor, as a result of any contingency arising, reserves the right to alter or vary the terms and conditions herein or if the circumstances so warrant, the Vendor may suspend the fulfillment of its obligations for such period as it may consider expedient and the Purchaser agree not to claim compensation of any nature whatsoever for the period of such suspension.
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/Xxxxxxxx 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.
Possession Notice and Date Of Possession. The Developer, upon obtaining the occupancy certificate from KMC shall serve a notice on the Buyer (Possession Notice) calling upon the Buyer to take possession. Within 60 (sixty) 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, 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 from the date of the Possession Notice (date of actual or deemed possession, Date Of Possession) and it shall be deemed that the Buyer is in possession and liable for all Rates & Taxes and Common Expenses/Maintenance Charges, from the Date Of Possession) and in addition, all statutory taxes and penalties shall also be borne and paid by the Buyer. In case the deeming provision comes into force, the Buyer confirms that the Buyer shall not claim to be in physical possession of the Said Flat And Appurtenances (such as Common Expenses/Maintenance Charge and KMC Tax), and physical possession of the Said Flat And Appurtenances shall be received by the Buyer only upon clearing all dues and performing all obligations under this Agreement.
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.
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.
Possession Notice and Date Of Possession. Immediately after constructing, finishing and making the Said Unit habitable and the Parking Space, if any, usable or for the purpose of fit- outs, 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 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 Seller under this Agreement, failing which it shall be deemed that the Buyer has taken physical possession on the 15th day of the date of the Possession Notice (date of actual or deemed possession, Date Of Possession).
AutoNDA by SimpleDocs
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).

Related to Possession Notice and Date Of Possession

  • Delivery of Possession Landlord shall be deemed to have delivered possession of the Premises to Tenant on the Commencement Date, as it may be adjusted pursuant to the Workletter. Landlord shall construct or install in the Premises the improvements to be constructed or installed by Landlord according to the Workletter. If no Workletter is attached to this Lease, it shall be deemed that Landlord delivered to Tenant possession of the Premises "as is" in its present condition on the Commencement Date. Tenant acknowledges that neither Landlord nor its agents or employees have made any representations or warranties as to the suitability or fitness of the Premises for the conduct of Tenant's business or for any other purpose, nor has Landlord or its agents or employees agreed to undertake any alterations or construct any Tenant improvements to the Premises except as expressly provided in this Lease and the Workletter. If for any reason Landlord cannot deliver possession of the Premises to Tenant on the Commencement Date, this Lease will not be void or voidable, Landlord will not be liable to Tenant for any resulting loss or damage and the Term of this Lease shall not be extended by a delayed delivery of possession. The preceding sentence notwithstanding, if Landlord fails to deliver possession to Tenant within sixty (60) days after the Commencement Date for any reason other than a Delay Caused by Tenant, as defined in the Workletter, Tenant, as its sole remedy, shall have the right to terminate this Lease and receive a refund of all prepaid Rent and Security Deposits provided Tenant gives written notice of termination to Landlord within three (3) days after that date. Tenant will execute the Commencement Date Certificate attached to this Lease as Exhibit E, appropriately completed, within fifteen (15) days of Landlord's request.

  • Termination Notices If at any time prior to the expiration of the Property Approval Period, the Title Company receives a notice from Purchaser that Purchaser has exercised its termination right under Section 5.4, or if Purchaser does not timely deliver its Approval Notice under Section 5.4, the Title Company, within three (3) Business Days after the receipt of such notice or after the Contingency Date, as applicable, will deliver the Xxxxxxx Money Deposit to Purchaser without any notice to, or consent of, Seller being required. If at any time, except as provided in the preceding sentence, the Title Company receives a certificate of either Seller 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 three (3) 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 three (3) 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 three (3) 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.

  • NON-DELIVERY OF POSSESSION In the event Landlord cannot deliver possession of the Premises to Tenant upon the commencement of the Lease term, through no fault of Landlord or its agents, then Landlord or its agents shall have no liability, but the rental herein provided shall xxxxx until possession is given. Landlord or its agents shall have thirty (30) days in which to give possession, and if possession is tendered within such time, Tenant agrees to accept the demised Premises and pay the rental herein provided from that date. In the event possession cannot be delivered within such time, through no fault of Landlord or its agents, then this Agreement and all rights hereunder shall terminate.

  • 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:

  • Substantial Completion Date Substantial Completion of the Work as defined in Article 6.1.2 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by July 31, 2022.

  • Surrender of Possession Immediately prior to the expiration or upon the sooner termination of this Lease, Tenant shall remove all of Tenant’s signs from the exterior of the Building and shall remove all of Tenant’s equipment, trade fixtures, furniture, supplies, wall decorations and other personal property from the Leased Premises, and shall vacate and surrender the Leased Premises to Landlord in the same condition, broom clean, as existed at the Lease Commencement Date. Tenant shall repair all damage to the Leased Premises caused by Tenant or by Tenant’s removal of Tenant’s property and all damage to the exterior of the Building caused by Tenant’s removal of Tenant’s signs. Tenant shall patch and refinish, to Landlord’s reasonable satisfaction, all penetrations made by Tenant or its employees to the floor, walls or ceiling of the Leased Premises, whether such penetrations were made with Landlord’s approval or not. Tenant shall clean, repair or replace all stained or damaged ceiling tiles, wall coverings and clean or replace as may be required floor coverings to the reasonable satisfaction of Landlord. Tenant shall replace all burned out light bulbs and damaged light lenses, and clean and repaint all painted walls. Tenant shall repair all damage caused by Tenant to the exterior surface of the Building and the paved surfaces of the outside areas adjoining the Leased Premises and, where necessary, replace or resurface same. Additionally, Tenant shall, prior to the expiration or sooner termination of this Lease, remove any improvements installed by Tenant (other than the initial tenant improvements install pursuant to Exhibit F) and repair all damage caused by such removal, unless Landlord, at the time it consented to such improvements waived the right to require such removal. If the Leased Premises are not surrendered to Landlord in the condition required by this Article at the expiration or sooner termination of this Lease, Landlord may, at Tenant’s expense, so remove Tenant’s signs, property and/or improvements not so removed and make such repairs and replacements not so made or hire, at Tenant’s expense, independent contractors to perform such work. Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Leased Premises to the required condition, plus interest on all costs incurred from the date paid by Landlord at the then maximum rate of interest not prohibited by Law until paid, payable by Tenant to Landlord within ten days after receipt of a statement therefore from Landlord, and Tenant shall be deemed to have impermissibly held over until such time as such required work is completed, and Tenant shall pay Base Monthly Rent and Additional Rent in accordance with the terms of Section 13.2 (Holding Over) until such work is completed. Tenant shall indemnify Landlord against loss or liability resulting from delay by Tenant in so surrendering the Leased Premises, including, without limitation, any claims made by any succeeding tenant or any losses to Landlord due to lost opportunities to lease to succeeding tenants.

  • Inspection Period Buyer shall be under no obligation to purchase the Property or otherwise perform under this Agreement unless Buyer determines the Property to be, in all respects, suitable for its intended purposes. The decision as to whether the Property is suitable for its intended purposes shall be the sole decision of Buyer, determined in the absolute discretion of Buyer, with Buyer’s decision being final and binding upon both Parties. Buyer shall have until , 20 , at : ☐ AM ☐ PM to notify Seller of its termination of this Agreement due to Buyer's determination that the Property is unsuitable for its intended purpose ("Inspection Period"). In the event Buyer elects to terminate this Agreement, Buyer shall provide written notice of termination to Seller prior to the expiration of the Inspection Period. In the event Buyer provides said notice of termination, Seller and any Escrow Agent shall be obligated to return the Escrow Money to the Buyer as provided in Section V hereof, and neither party shall have any further rights or obligations under this Agreement. In the event Buyer does not submit written notice of termination prior to the expiration of the Inspection Period, the Buyer shall be deemed to be satisfied with its inspections of the Property and this contingency shall be deemed to be fulfilled. The Seller, at no expense, shall fully cooperate with Buyer in obtaining any and all approvals required from any Federal, State, or Local Government ("Governmental Approvals") necessary for Buyer to satisfy their needs during the Inspection Period for the suitability of the Property. Said Governmental Approvals shall be obtained during the Inspection Period unless the Parties agree otherwise. Any additional agreements related to this Section must be done in writing and attached to this Agreement.

  • REMOVAL OF RECORDS FROM PREMISES Where performance of the Contract involves use by the Contractor (or the Contractor’s subsidiaries, affiliates, partners, agents or subcontractors) of Authorized User owned or licensed papers, files, computer disks or other electronic storage devices, data or records at Authorized User facilities or offices, or via remote access, the Contractor (or the Contractor’s subsidiaries, affiliates, partners, agents or subcontractors) shall not remotely access, modify, delete, copy or remove such Records without the prior written approval of the Authorized User. In no case, with or without the written approval of the Authorized User, can the Authorized User data be accessed, moved or sent outside the continental United States.

  • Notice to Proceed - Site Improvements The Recipient shall not commence, or cause to be commenced, any site improvements or other work on the Land until the Director has issued a Notice to Proceed to the Recipient. Such Notice to Proceed will not be issued until the Director is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and has completed any land acquisition required by the Project. A Notice to Proceed shall be required for all Project prime contractors or direct procurement initiated by the Recipient following execution of this Agreement.

  • Completion Date The Work under this Contract shall be completed by midnight of the date required in the Contract as the Material Completion and Occupancy Date unless extended by approved requests for extension of time.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!