Right to Possession by the Financier Sample Clauses

Right to Possession by the Financier. The Possession by the Financier may only be exercised by Financiers that are registered in APPENDIX 4, which must be completed by the Seller, or Financiers within a maximum term of six (6) months as of the signing of the Agreement. If the Seller or Financiers do not complete APPENDIX 4 within the term herein provided and the Buyer is not notified to that effect, it shall be understood that Financiers do not take the rights described in this clause. When there are several Financiers, the rights granted to them in the Agreement shall be exercised respecting majorities and other conditions that said Financiers have established in an agreement between them. In the absence of such an agreement, said rights may only be exercised with the unanimous approval of all Financiers. In the absence of the corresponding approval, the right to take Possession by the Financier may not be exercised. Financiers shall have the right to take possession of the Seller when one of the following situations occurs:
Sample 1
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Right to Possession by the Financier the Financiers' representative shall notify the Buyer of the Financier's Possession, informing that a breach of the financial obligations has occurred and that, by virtue of this Agreement, they are exercising their right to take possession of the Seller. In such notice the Financiers shall identify the people designated to act on their behalf as the Buyer's counterparty in the Possession proceeding by the Financier.
Sample 1
Right to Possession by the Financier the Buyer will communicate to the Financiers by sending a notice stating that they have the right to take possession of the Seller and that, if they do not exercise such right, the Buyer will proceed to terminate the Agreement following the procedure established for such purpose.
Sample 1

Related to Right to Possession by the Financier

  • Possession by the Allottee After obtaining the occupancy certificate* and handing over physical possession of the [Apartment/Plot] to the Allottees, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of Allottees or the competent authority, as the case may be, as per the local laws. [Provided that, in the absence of any local law, the promoter shall handover the necessary documents and plans, including common areas, to the association of allottees or the competent authority, as the case may be, within thirty days after obtaining the completion certificate].

  • TERMINATION BY THE CONTRACTOR If the Work is stopped for a period of thirty days under an order of any court or other public authority having jurisdiction, or as a result of an act of government, such as a declaration of a national emergency making materials unavailable, through no act or fault of the Contractor or a Subcontractor or their agents or employees or any other persons performing any of the Work under a contract with the Contractor, or if the Work should be stopped for a period of thirty days by the Contractor because the Architect has not issued a Certificate for Payment as provided in Paragraph 9.7 of these General Conditions or because the State has not made payment thereon as provided in Paragraph 9.7, then the Contractor may, upon seven additional days written notice to the State and the Architect, terminate the Contract and recover from the State payment for all Work executed and for any proven loss sustained upon any materials, equipment, tools, construction equipment and machinery, including reasonable profit and damages.

  • TERMINATION BY THE OWNER 14.2.1 The Owner may terminate the contract if the Contractor:

  • Termination by the HSP (a) The HSP may terminate this Agreement at any time, for any reason, upon giving 6 months’ Notice (or such shorter period as may be agreed by the HSP and the Funder) to the Funder provided that the Notice is accompanied by: satisfactory evidence that the HSP has taken all necessary actions to authorize the termination of this Agreement; and a Transition Plan, acceptable to the Funder, that indicates how the needs of the HSP’s clients will be met following the termination and how the transition of the clients to new service providers will be effected within the six-month Notice period.

  • Termination by the Owner for Convenience § 14.4.1 The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause.

  • Termination by the Customer The Customer may terminate this Agreement by providing a written notice of termination to the Transfer Agent, specifying the date as of which this Agreement will terminate, which may be any date, including the date such written notice is provided, provided the circumstances described below giving rise to the termination right are continuing at the time of the Transfer Agent’s receipt of such written notice, if as a result of an Event Beyond Reasonable Control:

  • Termination by the Manager This Agreement may be terminated by the Manager if: (a) the Resident fails to check into their assigned Room within five (5) days of the first day of the Semester; (b) the Resident abandons their Room as detailed in section 8.03 of this Agreement; (c) the Resident decides not to accept the Room they were assigned, or any alternate rooms offered to them during the course of this Agreement; or (d) the Resident violates any of the terms of this Agreement, including violations of the Residence Community Living Standards or Institution Standards. Written Notice of Termination of Residency will be delivered to the Resident, and if necessary, the Manager may notify the Primary or Secondary Contact by phone or e-mail of the termination of the Resident’s residency. If the Resident is unavailable to receive service of the notice in person, then delivery of the notice to the Resident’s Room shall be deemed proper service and delivery. The Resident will be allowed 24 hours from the date and time of delivery of the Notice of Termination of Residency to fully vacate and remove all personal belongings from the Residence.

  • Termination by the City 96.1. In addition to termination pursuant to any other article of this Contract, the Commissioner may, at any time, terminate this Contract by written notice to the Contractor. In the event of termination, the Contractor shall, upon receipt of such notice, unless otherwise directed by the Commissioner:

  • Termination by the Company This Agreement may be terminated by the Company at any time prior to the Effective Time:

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