Examples of Housing Agreement in a sentence
This Agreement, the Housing Agreement and any documents signed by the Owner contemplated by this Agreement, represent the whole agreement between the Municipality and the Owner respecting the use, occupation, and Disposition of the Property, and there are no warranties, representations, conditions or collateral agreements made by the Municipality except as expressly set forth in this Agreement.
All adjustments, both incoming and outgoing, in connection with the purchase and sale of the Property, including adjustments of taxes, rates, rents, security deposits, strata fees and other matters usually the subject of adjustment between vendor and purchaser, as well as adjustments for any amounts payable by the Owner to the Municipality pursuant to the terms of this Agreement or the Housing Agreement, will be made as at the Completion Date.
The Owner covenants and agrees that the Owner will not Dispose of the Property except in accordance with this Agreement, the Housing Agreement, and the resale policies of Whistler Housing Authority Ltd.
The Option may only be exercised by the Municipality in the event the Owner has breached any of the Owner's obligations contained in the Housing Agreement, or this Agreement, or upon the Owner advising the Municipality in writing of its intention to transfer or sell the Property.
The Owner will give vacant possession of the Property to the Municipality, subject only to existing tenancies in favour of Employees or Retirees permitted by the Housing Agreement, following payment of the adjusted Purchase Price to the Owner on the Completion Date.