POST-COMPLETION OBLIGATIONS. (a) Unless alternative arrangements have been made for registration of the Transfer Instrument in accordance with clause 7(a), the Buyer will attend to lodgement of the Transfer Instrument at the Water Allocations Register within 7 days of Completion. (b) Within 7 days of receiving written confirmation from the Water Allocations Register that the Water Allocation is registered in the name of the Buyer following lodgement of the Transfer Instrument under clause 8.3(a), the Buyer will provide the Seller with the written confirmation. 9 Completion Date The Completion Date will be 30 days after the later of: (a) the Date of this Agreement; and (b) date the Seller notifies the Buyer under clause 2.3. 10 Rights to terminate 10.1 Seller’s rights If at any time prior to Completion: (a) any Law, plan or Government Directive has the effect of preventing Completion in accordance with clause 8 of this Agreement; (b) an Insolvency Event occurs in respect of the Buyer; (c) the Buyer fails to pay any moneys due and owing by it to the Seller under this Agreement; or (d) (without limiting clause 10.1(c)), the Buyer breaches a condition of this Agreement, then the Seller may terminate this Agreement by notice in writing to the Buyer.
Appears in 5 contracts
Samples: Contract of Sale of Water Allocation, Contract of Sale of Water Allocation, Contract of Sale of Water Allocation
