Common use of Requirements of Authorities Clause in Contracts

Requirements of Authorities. (1) Subject to clause 7.6(5), any valid notice or order by any competent authority or Court requiring work to be done or money spent in relation to the Property (“Work or Expenditure”) must be fully complied with: (a) if issued before the Contract Date, by the Seller before the Settlement Date; (b) if issued on or after the Contract Date, by the Buyer. (2) If any Work or Expenditure that is the Seller’s responsibility under clause 7.6(1)(a) is not done before the Settlement Date, the Buyer is entitled to claim the reasonable cost of work done by the Buyer in accordance with the notice or order referred to in clause 7.6(1) from the Seller after settlement as a debt. (3) Any Work or Expenditure that is the Buyer’s responsibility under clause 7.6(1)(b), which is required to be done before the Settlement Date, must be done by the Seller unless the Buyer directs the Seller not to and indemnifies the Seller against any liability for not carrying out the work. If the Seller does the work, or spends the money, the reasonable cost of that Work or Expenditure must be added to the Balance Purchase Price. (4) The Buyer may terminate this contract by notice to the Seller if there is an outstanding notice at the Contract Date under sections 246AG, 247 or 248 of the Building Xxx 0000 or sections 167 or 168 of the Xxxxxxxx Xxx 0000 that affects the Property. (5) Clause 7.6(1) does not apply to orders disclosed under section 83 of the Neighbourhood Disputes (Dividing Fences and Trees) Xxx 0000.

Requirements of Authorities. (1) Subject to clause 7.6(5), any valid notice or order by any competent authority or Court requiring work to be done or money spent in relation to the Property (“Work or Expenditure”) must be fully complied with: (a) if issued before the Contract Date, by the Seller before the Settlement Date; (b) if issued on or after the Contract Date, by the Buyer. (2) If any Work or Expenditure that is the Seller’s responsibility under clause 7.6(1)(a) is not done before the Settlement Date, the Buyer is entitled to claim the reasonable cost of work done by the Buyer in accordance with the notice or order referred to in clause 7.6(1) from the Seller after settlement as a debt. (3) Any Work or Expenditure that is the Buyer’s responsibility under clause 7.6(1)(b), which is required to be done before the Settlement Date, must be done by the Seller unless the Buyer directs the Seller not to and indemnifies the Seller against any liability for not carrying out the work. If the Seller does the work, or spends the money, the reasonable cost of that Work or Expenditure must be added to the Balance Purchase Price. (4) The Buyer may terminate this contract by notice to the Seller if there is an outstanding notice at the Contract Date under sections 246AG, 247 or 248 of the Building Xxx 0000 or sections 167 588 or 168 590 of the Sustainable Xxxxxxxx Xxx 0000 that affects the Property. (5) Clause 7.6(1) does not apply to orders disclosed under section 83 of the Neighbourhood Disputes (Dividing Fences and Trees) Xxx 0000.

Requirements of Authorities. (1) Subject to clause 7.6(5), any valid notice or order by any competent authority or Court requiring work to be done or money spent in relation to the Property (“Work or Expenditure”) must be fully complied with: (a) if issued before the Contract Date, by the Seller before the Settlement Date; (b) if issued on or after the Contract Date, by the Buyer. (2) If any Work or Expenditure that is the Seller’s responsibility under clause 7.6(1)(a) is not done before the Settlement Date, the Buyer is entitled to claim the reasonable cost of work done by the Buyer in accordance with the notice or order referred to in clause 7.6(1) from the Seller after settlement as a debt. (3) Any Work or Expenditure that is the Buyer’s responsibility under clause 7.6(1)(b), which is required to be done before the Settlement Date, must be done by the Seller unless the Buyer directs the Seller not to and indemnifies the Seller against any liability for not carrying out the work. If the Seller does the work, or spends the money, the reasonable cost of that Work or Expenditure must be added to the Balance Purchase Price. (4) The Buyer may terminate this contract by notice to the Seller if there is an outstanding notice at the Contract Date under section 246AG of the Building Act 1975 that affects the Property. The Buyer may terminate this contract by notice to the Seller if there is an outstanding notice at the Contract Date under sections 246AG, 247 or 248 of the Building Xxx 0000 or sections 167 or 168 of the Xxxxxxxx Xxx 0000 that affects the PropertyProperty or Land. (5) Clause 7.6(1) does not apply to orders disclosed under section 83 of the Neighbourhood Disputes (Dividing Fences and Trees) Xxx 0000.

Requirements of Authorities. (1) Subject to clause 7.6(5), any valid notice or order by any competent authority or Court requiring work to be done or money spent in relation to the Property (“Work or Expenditure”) must be fully complied with: (a) if issued before the Contract Date, by the Seller before the Settlement Date; (b) if issued on or after the Contract Date, by the Buyer. (2) If any Work or Expenditure that is the Seller’s responsibility under clause 7.6(1)(a) is not done before the Settlement Date, the Buyer is entitled to claim the reasonable cost of work done by the Buyer in accordance with the notice or order referred to in clause 7.6(1) from the Seller after settlement as a debt. (3) Any Work or Expenditure that is the Buyer’s responsibility under clause 7.6(1)(b), which is required to be done before the Settlement Date, must be done by the Seller unless the Buyer directs the Seller not to and indemnifies the Seller against any liability for not carrying out the work. If the Seller does the work, or spends the money, the reasonable cost of that Work or Expenditure must be added to the Balance Purchase Price. (4) The Buyer may terminate this contract by notice to the Seller if there is an outstanding notice at the Contract Date under sections 246AG, 247 or 248 of the Building Xxx 0000 Act 1975 or sections 167 or 168 of the Xxxxxxxx Xxx 0000 Planning Act 2016 that affects the Property. (5) Clause 7.6(1) does not apply to orders disclosed under section 83 of the Neighbourhood Disputes (Dividing Fences and Trees) Xxx 0000Act 2011.