DATE OF COMMENCEMENT OF LIABILITY definition

DATE OF COMMENCEMENT OF LIABILITY means the date on which Purchaser/s takes actual physical possession of the Apartment/Flat after fulfilling all his liabilities and obligations as agreed upon in the Agreement or the date next after expiry of the Completion Notice irrespective of whether Purchaser/s take actual physical possession or not, whichever is earlier.
DATE OF COMMENCEMENT OF LIABILITY means the date on which Allottee/s takes actual physical possession of the Unit after fulfilling all his liabilities and obligations in terms of this Agreement or the date next after expiry of the Completion Notice irrespective of whether Allottee/s take actual physical possession or not. The Allottee/s liability will commence either on expiry of Completion Notice or on the date of taking possession whichever is earlier.
DATE OF COMMENCEMENT OF LIABILITY means the obligation of the Purchasers to make payment of the municipal rates taxes and other outgoings including maintenance charges payable in respect of the said Apartment and the Properties Appurtenant on and from the date the Purchasers becomes entitled to takeover possession of the said Unit upon notice being given by the Sellers to that effect.

Examples of DATE OF COMMENCEMENT OF LIABILITY in a sentence

  • DATE OF COMMENCEMENT OF LIABILITY shall mean the date on which the PURCHASERS takes actual physical possession after fulfilling all her liabilities and obligations in terms hereof or the date of deemed possession upon expiry of the period specified in the notice by the DEVELOPER/CONFIRMING PARTY to the PURCHASERS to take possession of the FLAT irrespective of whether the PURCHASERS takes actual physical possession of the said FLAT, whichever be earlier.

  • Their findings suggest that students who are more financial literate are better equipped to cope with unexpected financial shocks.


More Definitions of DATE OF COMMENCEMENT OF LIABILITY

DATE OF COMMENCEMENT OF LIABILITY means the date of the completion of the project and/or from the date of the notice of possession to the Purchaser of the said Flat/Unit after fulfilling his/her/their liabilities and obligations or the date of expiry of the period specified in the notice in writing by the Seller to the Purchaser to take possession of the said Apartment/Flat/Unit irrespective of whether the Purchaser takes actual physical possession of the said unit or not, whichever be earlier.
DATE OF COMMENCEMENT OF LIABILITY means the date of the completion of the project and/or from the date of the notice of possession to the Purchaser of the said Flat/Unit after fulfilling his/her/their liabilities and obligations or the date of expiry of the period specified in the notice in writing by the Seller to the Purchaser to take possession of the said Flat/Unit irrespective of whether the Purchaser takes actual physical possession of the said unit or not, whichever be earlier.
DATE OF COMMENCEMENT OF LIABILITY means the date next after expiry of the Completion Notice irrespective of whether intending purchasers take actual physical possession or not.
DATE OF COMMENCEMENT OF LIABILITY means the date of grant of the Completion/Occupancy Certificate by the Kolkata Municipal Corporation;
DATE OF COMMENCEMENT OF LIABILITY means the date on which the Allottee(s) shall take actual physical possession of his/her apartment after fulfilling all obligations in terms of clause 7.3 hereinafter or the date next after expiry of the Completion Notice, irrespective of whether the Allottee(s) take(s) actual physical possession of the Apartment or not, whichever is earlier.
DATE OF COMMENCEMENT OF LIABILITY means the date on which PURCHASERS take actual physical possession of the Unit after fulfilling all his liabilities and obligations in terms of clause hereinafter or the date next after expiry of the Completion Notice irrespective of whether PURCHASERS take actual physical possession or not, whichever is earlier.
DATE OF COMMENCEMENT OF LIABILITY means the obligation of the Allottees to make payment of the municipal rates taxes and other outgoings including maintenance charges/CAM Charges payable in respect of the said Apartment Unit on and from the date of issue of the Completion/Occupancy Certificate.