Common use of RISK AND BENEFIT Clause in Contracts

RISK AND BENEFIT. 9.1 The risks in and benefit of the Property shall pass to the Purchaser on the Transfer Date, from which date the Purchaser shall be entitled to all benefits flowing from the Property and shall be liable for all expenses in respect of ownership of the Property.

Appears in 2 contracts

Samples: Sale Agreement, Sale Agreement

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RISK AND BENEFIT. 9.1 5.1 The risks in and benefit of the Property PROPERTY shall pass to the Purchaser PURCHASER on the Transfer DateTRANSFER DATE, from which date the Purchaser PURCHASER shall be entitled to all benefits flowing from the Property PROPERTY and shall be liable for all expenses outgoings in respect of ownership of the PropertyPROPERTY.

Appears in 2 contracts

Samples: www.paynelessbonds.co.za, www.paynelessbonds.co.za

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