Common use of RIGHTS AND OBLIGATIONS OF THE EMPLOYER Clause in Contracts

RIGHTS AND OBLIGATIONS OF THE EMPLOYER. 12.1. The Employer undertakes to become and remain the registered owner of the Property until the Completion Date. 12.2. The Employer acknowledges that there will be construction work in the vicinity of the Property and that certain inconvenience may be caused thereby. The Contractor shall not be held liable for such inconvenience or any damages that flow there from and shall be entitled, (where necessary) to enter upon the Property for purposes of obtaining access to adjacent xxxxx in the course of such construction work. 12.3. Where the Employer has registered a mortgage bond against the Title Deed of the Property and utilises such mortgage bond to effect payment of the Contract Price or any part thereof, then and in that instance the Employer is liable for the payment of interim interest to the financial institution. All such interest must be paid in full before the Completion Date.

RIGHTS AND OBLIGATIONS OF THE EMPLOYER. 12.1. The Employer undertakes to become and remain the registered owner of the Property until the Completion Date. 12.2. The Employer acknowledges that there will be construction work in the vicinity of the Property and that certain inconvenience may be caused thereby. The Contractor shall not be held liable for such inconvenience or any damages that flow there from and shall be entitled, (where necessary) to enter upon the Property for purposes of obtaining access to adjacent xxxxx in the course of such construction work. 12.3. Where the Employer has registered a mortgage bond against the Title Deed of the Property and utilises utilizes such mortgage bond to effect payment of the Contract Price or any part thereof, then and in that instance the Employer is liable for the payment of interim interest to the financial institution. All such interest must be paid in full before the Completion Date.

RIGHTS AND OBLIGATIONS OF THE EMPLOYER. ‌ 12.1. The Employer undertakes to become and remain the registered owner of the Property until the Completion Date. 12.2. The Employer acknowledges that there will be construction work in the vicinity of the Property and that certain inconvenience may be caused thereby. The Contractor shall not be held liable for such inconvenience or any damages that flow there from and shall be entitled, (where necessary) to enter upon the Property for purposes of obtaining access to adjacent xxxxx in the course of such construction work. 12.3. Where the Employer has registered a mortgage bond against the Title Deed of the Property and utilises such mortgage bond to effect payment of the Contract Price or any part thereof, then and in that instance the Employer is liable for the payment of interim interest to the financial institution. All such interest must be paid in full before the Completion Date.