Common use of VACANT POSSESSION Clause in Contracts

VACANT POSSESSION. When the power of sale pursuant to the provisions of this Assignment becomes exercisable by the Bank, the Assignor hereby declares and agrees that the Assignor will deliver or cause the delivery of vacant possession of the Property to the Bank or any person authorised by it immediately on receiving written demand in that behalf by the Bank.

Appears in 2 contracts

Samples: Deed of Assignment, Deed of Assignment

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VACANT POSSESSION. When the power powers of sale pursuant to the provisions of under this Assignment becomes exercisable by the Bank, the Assignor hereby declares and agrees that the Assignor will deliver or cause the delivery of vacant possession of the Property to the Bank Bank, or any person authorised by it it, immediately on receiving the Bank‟s written demand in that behalf by the Bankdemand.

Appears in 2 contracts

Samples: Loan Agreement, Deed of Assignment

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VACANT POSSESSION. When the power powers of sale pursuant to the provisions of under this Assignment becomes exercisable by the Bank, the Assignor hereby declares and agrees that the Assignor will deliver or cause the delivery of vacant possession of the Property to the Bank Bank, or any person authorised by it it, immediately on receiving written demand in that behalf by the Bank’s written demand.

Appears in 1 contract

Samples: Deed of Assignment

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