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. b. The Purchaser shall at own costs insure the Property against damage by fire, usual perils, other accident, state of cultivation, non- occupation or otherwise.

Appears in 136 contracts

Samples: Facilities Agreement, Loan Agreement, Facility Agreement

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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 nature or howsoever occurring shall pass to the Purchaser. b. The Purchaser shall at own costs insure the Property against damage by fire, usual perils, other accident, state of cultivation, non- non-occupation or otherwise.

Appears in 129 contracts

Samples: Loan Agreement Cum Deed of Assignment and Power of Attorney, Facility Agreement, Proclamation of Sale

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. b. (b) The Purchaser shall at his/her/its own costs insure the Property against damage by fire, usual perils, other accidentaccidents, state of cultivation, non- occupation or otherwise.

Appears in 65 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

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. b. (b) The Purchaser shall at his/her/its own costs insure the Property against damage by fire, usual perils, other accidentaccidents, state of cultivation, non- non-occupation or otherwise.

Appears in 5 contracts

Samples: Facility Agreement, Facilities Agreement, Facility Agreement

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. b. The Purchaser shall at own costs insure the Property against damage by fire, usual perils, other accident, state of cultivationcultivati on, non- occupation or otherwise.

Appears in 2 contracts

Samples: Proclamation of Sale, Facilities Agreement

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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. b. The Purchaser shall at own costs insure the Property against damage by fire, usual perils, other accident, state of cultivation, non- occupation or otherwise.

Appears in 1 contract

Samples: Property Sale Agreement

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. b. The Purchaser shall at own costs insure the Property against damage by fire, usual perils, other accident, state of cultivationcultivati on, non- occupation or otherwise.

Appears in 1 contract

Samples: Loan Agreement Cum Deed of Assignment and Power of Attorney

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