Common use of Section Maintenance Clause in Contracts

Section Maintenance. 6.1 The Owner must ensure from the date of possession that the Property is kept in a neat and tidy condition and maintained free from long grass, weeds, rubbish, builder's waste or other substances before, during and after the construction of any residence thereon. In the event that while the Property remains unoccupied the Owner fails to do so the Grantee may arrange for the Property to be cleared and the Owner must pay to the Grantee immediately upon demand the costs incurred by the Grantee together with interest thereon at a rate of 20 percent per annum on a daily basis from the date that such costs were incurred by the Grantee.

Appears in 3 contracts

Samples: Land Covenants, Land Covenants, Land Covenants

AutoNDA by SimpleDocs

Section Maintenance. 6.1 4.1. The Owner must ensure from the date of possession that the Property is kept in a neat and tidy condition and maintained free from long grass, weeds, rubbish, builder's waste or other substances before, during and after the construction of any residence thereon. In the event that while the Property remains unoccupied the Owner fails to do so the Grantee may arrange for the Property to be cleared and the Owner must pay to the Grantee immediately upon demand the costs incurred by the Grantee together with interest thereon at a rate of 20 percent per annum on a daily basis from the date that such costs were incurred by the Grantee.

Appears in 1 contract

Samples: Land Covenants

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.