Common use of SERVICING OF THE PROPERTY Clause in Contracts

SERVICING OF THE PROPERTY. 7.1 The Seller warrants that the Basic Services shall be installed to the Property, to the satisfaction of the Municipality, by no later than Date of Transfer. It is recorded that the Seller may elect to provide the relevant authorities with guarantees to ensure the installation of Basic Services to the Development. Should the Seller elect to provide the relevant authorities with guarantees in order for the relevant certificates to be issued in respect of the Property, then, in that event, the Purchaser agrees to take transfer of the Property notwithstanding that said services have not been installed. In this event, the Seller warrants that the aforesaid services shall be installed within 8 (eight) months of the Date of Transfer (although the Seller warrants that the aforesaid service connections shall provide a mechanism for connecting the Property to the Municipality and/or any other such service providers, and although the Municipality and/or any other service providers have confirmed that such services will be available, the Seller gives no warranty of any nature whatsoever that any such services will be provided by the Municipality and/or any other service providers).

SERVICING OF THE PROPERTY. 7.1 The Seller warrants that the Basic Services shall be installed to the Property, to the satisfaction of the MunicipalityLocal Authority, by no later than Date of Transfer. It is recorded that the Seller may elect to provide the relevant authorities with guarantees to ensure the installation of Basic Services to the Development. Should the Seller elect to provide the relevant authorities with guarantees in order for the relevant certificates to be issued in respect of the Property, then, in that event, the Purchaser agrees to take transfer of the Property notwithstanding that said services have not been installed. In this event, the Seller warrants that the aforesaid services shall be installed within 8 (eight) months of the Date of Transfer (although Although the Seller warrants that the aforesaid service connections shall provide a mechanism for connecting the Property to the Municipality local authority and/or any other such service providers, and although the Municipality local authority and/or any other service providers have confirmed that such services will be available, the Seller gives no warranty of any nature whatsoever that any such services will be provided by the Municipality local authority and/or any other service providers).

SERVICING OF THE PROPERTY. 7.1 The Seller warrants that the Basic Services shall be installed to the Property, to the satisfaction of the Municipalitylocal authority, by no later than Date of Transfer. It is recorded that the Seller may elect to provide the relevant authorities with guarantees to ensure the installation of Basic Services to the Development. Should the Seller elect to provide the relevant authorities with guarantees in order for the relevant certificates to be issued in respect of the Property, then, in that event, the Purchaser agrees to take transfer of the Property notwithstanding that said services have not been installed. In this event, the Seller warrants that the aforesaid services shall be installed within 8 (eight) months of the Date of Transfer (although Although the Seller warrants that the aforesaid service connections shall provide a mechanism for connecting the Property to the Municipality local authority and/or any other such service providers, and although the Municipality local authority and/or any other service providers have confirmed that such services will be available, the Seller gives no warranty of any nature whatsoever that any such services will be provided by the Municipality local authority and/or any other service providers).