The Purchaser shall Sample Clauses
This clause establishes the obligations and responsibilities that the purchaser must fulfill under the agreement. It typically outlines specific actions the purchaser is required to take, such as making payments, providing necessary information, or complying with certain conditions. By clearly defining what is expected from the purchaser, this clause ensures both parties understand their roles and helps prevent disputes related to performance or non-compliance.
POPULAR SAMPLE Copied 2 times
The Purchaser shall. 1.1. Pay the proportionate Common Expenses mentioned in Part-IV of this Schedule and also the respective shares of Maintenance Charges, levies, taxes and all other outgoings related to the Composite Unit, the tower-I and the Complex within 7th of every month if the amount is already known to the Purchaser or else within 7 (seven) days of being called upon to do so.
1.2. Keep the Unit and the Parking Space and every part thereof and all fixtures and fittings therein properly painted and in good repairs and in a neat, clean and decent condition and Use the Common Portions for the purpose for which it is meant unless otherwise approved by the Vendor / Association.
1.3. Sign such forms, give such authorities and render such co-operation as may be required by the Vendor and/or the Association for common purposes and/or in the common interest and/or in way in pursuance thereof.
The Purchaser shall. (a) in satisfaction of its obligations under Clause 4.1, pay the Share Purchase Price less the Escrow Sum by electronic funds transfer for value on the Completion Date to such bank account(s) as shall be notified by the Sellers to the Purchaser prior to Completion;
(b) pay the Escrow Sum to the Escrow Agent by electronic funds transfer to the Escrow Agent's bank account";
(c) deliver to the Sellers a copy of the Escrow Agreement duly executed by the Purchaser;
The Purchaser shall. 6.1.4.1 pay the amount of Pounds 175,000 as provided by Clause 3 (payment to be made by way of banker's draft or telegraphic transfer to the Vendors' whose receipt shall be an absolute discharge and the Purchaser shall not be concerned with the allocation or distribution amongst the Vendors of any sum paid by way of consideration hereunder); and
6.1.4.2 deliver to the Vendors a counterpart of the Deed of Indemnity duly executed by the Purchaser and the Company;
6.1.4.3 deliver to the Vendors the Supply Agreement in the approved form signed by its affiliate Chemical Fabrics Europe.
The Purchaser shall. 9.1.4.1 abide by and adhere to the Memorandum of Incorporation, the Estate Rules and the Architectural Guidelines;
9.1.4.2 pay the amounts levied by the Home Owners Association in terms of the Memorandum of Incorporation. The Levy shall become payable on the Date of Transfer;
9.1.4.3 perform all the obligations laid out in the Memorandum of Incorporation, Estate Rules and Architectural Guidelines. Should the Home Owners Association request the Purchaser at any time to rectify any breach, the Purchaser acknowledges and agrees that the Home Owners Association will be entitled to rectify such breach on the Purchaser's behalf and claim such costs incurred in respect thereof from the Purchaser and also to issue any fine as the Home Owners Association may deem proper in any circumstances which costs and/or fine will be paid by the Purchaser within 7 (seven) days of being notified thereof. [Note: The Purchaser by the Purchaser’s initials at the place provided therefore at the foot of this 9.1.4.3 hereby acknowledges having read and understood the provisions of 9.1.4.3.]
The Purchaser shall. 7.1.2.1 deliver to the Vendor a certified copy of a resolution of the board of directors of the Purchaser approving the purchase of the Business on the terms of this Agreement and authorising the execution of this Agreement by Mr. ▇▇▇ ▇▇▇▇▇▇▇▇ for and on behalf of the Purchaser;
7.1.2.2 deliver to the Vendor a duly executed copy of the Assignment of Lease; and
7.1.2.3 pay to the Vendor an amount equivalent to the amount paid by the Vendor to the Landlord as a deposit in respect of the Leased Premises.
The Purchaser shall. 5.1.1 notify the Covenantors in writing of any Claim which comes to its notice; and
5.1.2 where a time limit for appeal applies to the Claim, give notification as soon as reasonably possible after the date on which the Claim comes to the notice of the Purchaser and in no case later than 10 days before the later of 5 business days after the Purchaser becomes aware of the Claim and the latest date for making an appeal expires but, where no time limit applies or the period to which the limit relates has not commenced, the notification shall be given within 60 days of the Purchaser becoming aware of the relevant Claim; PROVIDED THAT the giving of such notice shall not be a condition precedent to the liability of the Covenantors under this Deed.
The Purchaser shall. 2.1 Maintain the Project in general and the Building where the Flat is situate for the purposes, with the intent and object for which the same is constructed.
2.2 Assist the Developer to form the Association of Flat Acquirers, if the Developer so desires and strictly abide by all the Rules and Regulations of the Association so formed.
2.3 Co-operate and assist in all manner with the Developer/FMC/Association, as the case may be, in carrying out its day to day activities and obligations and, in particular, abide by, observe and/or perform all the relevant laws, terms, conditions, rules and regulations regarding usage and/or operation of water, electricity, drainage, sewerage, lifts, tube ▇▇▇▇▇, generator and/or other installations and/or amenities in the Building, Project and its service zone including without limitation those under the West Bengal Fire Service Act, 1974 and/or the rules made thereunder, and shall indemnify and keep the Developer/FMC/Association, as the case may be, saved, harmless and indemnified from and against all losses, damages, costs, claims, demands, actions and/or proceedings that the Developer/FMC/Association, as the case may be, may suffer or incur due to any non-abidance, non-observance, non-performance, default or negligence on the part of the Purchaser.
2.4 Maintain, at their own costs, the Flat in the same good condition, state and order in which the same is be delivered to him/her/it, normal wear and tear accepted.
2.5 Abide by and/or comply with all statutory laws, bye-laws, rules, regulations and/or restrictions that are to be abided by or complied with by the owners and occupiers of multi storied buildings in the state of West Bengal, including relevant laws with respect to maintenance of mandatory open spaces.
2.6 Pay regularly and punctually every month and month by month, the common area maintenance charges at such rates as may be decided, determined and apportioned by the Developer to the Developer and upon the formation of the Association to such Association, without any abatement or demand, payable with effect from the day month and year first above written in the possession letter. NOTWITHSTANDING anything included or not included within the scope of this clause but in the opinion of the Developer and/or Association or Facility Management Company are issues or subject matters of common interest, the Purchaser undertakes not to oppose the decisions taken by the Developer and/or Association or Facility Management Com...