Common use of VACANT POSSESSION Clause in Contracts

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest (if any).

Appears in 386 contracts

Samples: Composite Loan Agreement, Facility Agreement and Deed of Assignment, Composite Loan Agreement

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VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or to take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest (if any).

Appears in 155 contracts

Samples: Facility Agreement, Facility Agreement, Facilities Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and possession. In the event of circumstances existing, which prevent entry or occupation by the Purchaser, such circumstances shall not annul the sale or entitle the Purchaser is PROHIBITED from entering upon to rescind the Property contract or take possession of claim reduction in the Property prior to the settlement of the balance purchase price and/or late payment interest (if any)or for damages.

Appears in 56 contracts

Samples: Proclamation of Sale, Property Sale Agreement, Assignment (By Way of Security)

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Assignee / Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest (if any)possession.

Appears in 44 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest LPC (if any).

Appears in 41 contracts

Samples: Master Facility Agreement, Facility Agreement and Deed of Assignment, Master Facility Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest (if any)possession.

Appears in 9 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest charge/compensation charges (if any).

Appears in 7 contracts

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

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest charges (if any).

Appears in 4 contracts

Samples: Master Facility Agreement, Facility Agreement and Deed of Assignment, Master Facility Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank Assignee to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest (if any).

Appears in 3 contracts

Samples: Facility Agreement and Deed of Assignment, Facility Agreement, Property Sale Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation duty or responsibility whatsoever on the part of the Assignee/Bank to give deliver vacant possession and possession. In the event of any circumstances which prevents entry or occupation to the Purchaser is PROHIBITED from entering upon exists, such circumstances shall not annul the Property sale or take possession of entitle the Property prior Purchaser to rescind the settlement of the balance purchase contract or claim for diminution in price and/or late payment interest (if any)and or damages.

Appears in 2 contracts

Samples: Loan Agreement Cum Deed of Assignment, Loan Agreement Cum Deed of Assignment

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment penalty interest (if any).

Appears in 1 contract

Samples: Composite Loan Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or to take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest LPC (if any).

Appears in 1 contract

Samples: Facility Agreement and Deed of Assignment

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VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank Financier to give vacant possession and possession. In the event of circumstances existing which prevent entry or occupation by the Purchaser, such circumstances shall not annul the sale or entitle the Purchaser is PROHIBITED from entering upon to rescind the Property contract or take possession of claim reduction in the Property prior to the settlement of the balance purchase price and/or late payment interest (if any)or for damages.

Appears in 1 contract

Samples: Property Sale Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or to take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest LPI (if any).

Appears in 1 contract

Samples: Facility Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation ob ligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest LPC (if any).

Appears in 1 contract

Samples: Master Facility Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest (if LPC(if any).

Appears in 1 contract

Samples: Deed of Assignment and Facility Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest LPI (if any).

Appears in 1 contract

Samples: Facility Agreement and Deed of Assignment

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank Co-operative to give vacant possession and possession. In the event of existing circumstances, that prevent entry or occupation by the Purchaser, such circumstances shall not annul the sale or entitle the Purchaser is PROHIBITED from entering upon to rescind the Property contract or take possession of claim a reduction in the Property prior to the settlement of the balance purchase price and/or late payment interest (if any)or for damages.

Appears in 1 contract

Samples: Master Facility Agreement

VACANT POSSESSION. The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest Late Payment Charges (“LPC”) (if any).

Appears in 1 contract

Samples: Property Purchase Agreement

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