Final Occupancy Date definition

Final Occupancy Date means the date upon which the entirety of the New Building has been approved for occupancy by the building inspector for the City of Nanaimo;
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Final Occupancy Date means either
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Final Occupancy Date means either: Initial: / not earlier than August 1st, 2024 and not later than December 31st 2025. Where the Final Occupancy Date stated above is a fixed date, the Unit shall be available for possession or occupancy by the Purchaser on such date, and such date shall constitute the “Confirmed Final Occupancy Date” hereunder. Where the Final Occupancy Date stated above is a range of dates, the Vendor shall provide a notice in writing to the Purchaser, at least THIRTY (30) DAYS in advance, advising that on a date specified in the notice, which date shall be within the range of dates stated above, the Unit shall be available for possession or occupancy by the Purchaser, and the date provided in such notice shall constitute the “Confirmed Final Occupancy Date” hereunder. If the Vendor, in its sole opinion, shall be unable to substantially complete the Unit for occupancy by the date that is Thirty (30) days after the Confirmed Final Occupancy Date as defined above, then the Vendor shall deliver a notice in writing to the Purchaser (the “Extended Date Notice”) advising of a revised occupancy date and the date provided in such Extended Date Notice shall, thereafter, constitute the “Confirmed Final Occupancy Date” hereunder, unless the Purchaser delivers a notice in writing to the Vendor (the “Rescission Notice”) within Ten (10) days of the Purchaser receiving the Extended Date Notice declaring that the Purchaser has rescinded this Agreement. Rescission of this Agreement shall be the only remedy of the Purchaser in the event of a delay by the Vendor in delivering occupancy of the Unit. Upon delivery of the Rescission Notice, the Vendor shall return any deposit to the Purchaser (without interest) within Fifteen (15) days whereupon the parties will be released from their obligations in this Agreement and the Purchaser shall have no recourse, or claim for liability or damages, whatsoever of any nature or kind against the Vendor. Notwithstanding anything to the contrary herein contained, if the Vendor is prevented from substantially completing the Unit for occupancy by the Confirmed Final Occupancy Date due to events of force majeure, including but not limited to acts of god, pandemics, strikes, walkouts, shortages of labour or materials, inclement weather, acts of crime or vandalism, any other matter or event beyond the Vendor’s control, or any matter referenced in the Act as a legitimate cause for delay, the Confirmed final Occupancy Date may, at the sole option of th...
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Examples of Final Occupancy Date in a sentence

  • The Purchaser hereby waives the obligation of the Vendor to provide Thirty (30) days’ advance notice of the Confirmed Final Occupancy Date, and the Purchaser agrees that closing shall otherwise occur in accordance with the Purchase Contract on the Confirmed Final Occupancy Date as stated above.

  • The Grantor covenants and agrees with the City that from and after the Final Occupancy Date and for the Term, all Affordable Units within the Development are and shall remain Affordable Units for the Term and shall only be occupied by an Eligible Tenant.

  • The Grantor further covenants and agrees that during the term of this Agreement, it will, commencing on the first anniversary of the Final Occupancy Date is issued for the Development on the Land, and on that anniversary date annually thereafter, provide to the City’s General Manager of Development Services a report in writing and in a form acceptable to the City’s General Manager of Development Services confirming that the Affordable Units continue to be used and occupied as required under this Agreement.

  • The Grantor covenants and agrees with the City that from and after the Final Occupancy Date and for the Term, no less than 30% of the Dwelling Units within the Development are and shall remain Affordable Units for the Term and shall only be occupied by an Eligible Tenant.

  • Vacant possession of the Unit shall be given at noon on the Confirmed Final Occupancy Date and the Purchaser shall be required to take possession of the Unit on the Confirmed Final Occupancy date, subject to the terms hereof being complied with.

  • Subject to the terms of the Section 14(k) of this Agreement, possession of the Unit shall be given at noon on the Confirmed Final Occupancy Date and the Purchaser shall be required to take possession of the Unit on the Confirmed Final Occupancy date, subject to the terms hereof being complied with.

  • Hence, each purchaser was subject to the same terms applying to the use of funds held in trust and in respect of the aborted "Final Occupancy Date" of March 3, 2000.

  • SECTION 2703 HEALTH HOME STATE PLAN OPTION Section 2703 of the Affordable Care Act created an optional Medicaid State Plan benefit for states to establish Health Homes to coordinate care for Medicaid enrollees who have chronic conditions.

  • OCCUPANCY OF HOUSING UNITS 2.1 The Owner covenants and agrees that from and after the Final Occupancy Date, a total of 38 Dwelling Units within the Housing Project shall only be used and occupied as Affordable Rental Units.


More Definitions of Final Occupancy Date

Final Occupancy Date means either: Initial: / fixed date: ; or Where the Final Occupancy Date stated above is a fixed date, the Unit shall be available for possession or occupancy by the Purchaser on such date, and such date shall constitute the “Confirmed Final Occupancy Date” hereunder. Where the Final Occupancy Date stated above is a range of dates, the Vendor shall provide a notice in writing to the Purchaser, at least Thirty
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Related to Final Occupancy Date

  • Prior Occupancy means Owner’s use of all or parts of the Project before Substantial Completion, as more fully set forth in Section 6.08 A.

  • Transient occupancy means occupancy in transient lodging that has all of the following

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Certificate of Occupancy means a certificate of occupancy, governmental sign-off or other document, permit or approval (whether conditional, unconditional, temporary or permanent) which must be obtained by Landlord from the appropriate governmental authority as a condition to the lawful initial occupancy by Tenant of the Expansion Space that is the subject of the Work.

  • Date of occurrence in the operational procedures means the date of contract signing, date of payment, date of boards of directors resolutions, or other date that can confirm the counterparty and total amount of the transaction, whichever date is earlier.

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Commencement Date means the date of this Agreement.

  • Virtual Completion means the premise is in the opinion of the Employer fit for occupation.