Common use of RISK OF THE PROPERTY Clause in Contracts

RISK OF THE PROPERTY. a. Upon the fall of the hammer all risks of the Property as regards to any loss, damage or depreciation thereof arising of whatsoever nature or howsoever occurring shall pass to the Purchaser.

Appears in 187 contracts

Samples: Loan Agreement, Proclamation of Sale, Facility Agreement

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RISK OF THE PROPERTY. a. (a) Upon the fall of the hammer all risks of the Property as regards to any loss, damage or depreciation thereof arising of whatsoever nature or howsoever occurring (including by fire or other accidents, state of cultivation, non-occupation or otherwise) shall pass to the Purchaser.

Appears in 47 contracts

Samples: Matter of Asset Purchase Agreement, Proclamation of Sale, Proclamation of Sale

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RISK OF THE PROPERTY. a. Upon the fall of the hammer all risks of the Property as regards to any loss, damage or depreciation thereof arising of whatsoever whats oever nature or howsoever occurring shall pass to the Purchaser.

Appears in 2 contracts

Samples: Matter of Loan Agreement, Proclamation of Sale

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