Possession Date definition

Possession Date means the date of execution of this Agreement;

Possession Date means, with respect to the Facility, the earlier of the date upon which (a) FHA Lender, or its nominee, has taken actual physical possession and control of the Facility, whether by foreclosure, deed in lieu of foreclosure, appointment of a receiver or other legal process, or (b) FHA Lender, or its nominee, has begun the operation and management of the Facility.

Possession Date shall have the meaning ascribed to such term in Clause 6.2.2 of this Agreement;

Examples of Possession Date in a sentence

• Irrespective of whether the Allottee/s take/s possession of the Apartment within the Possession Date or not, the Allottee/s shall be deemed to have taken possession of the Apartment on the Possession Date.

• Possession of the Property shall be delivered to Buyer on Possession Date (§ 3) at Possession Time (§ 3), 559 subject to the following Leases or tenancies: 560 561 562 If Seller, after Closing, fails to deliver possession as specified, Seller shall be subject to eviction and shall be additionally 563 liable to Buyer for payment of $ per day (or any part of a day notwithstanding § 18.1) from Possession Date 564 (§ 3) and Possession Time (§ 3) until possession is delivered.

• The Allottee/s shall be bound to pay the Maintenance Charges as determined by the Developer or the Flat owners Association, as the case may be, on and from the Possession Date irrespective of whether it takes possession or not given possession for non-registration of the conveyance.

More Definitions of Possession Date

Possession Date bears the meaning ascribed thereto in Section 2.3;

Possession Date means the date upon which the Seller gives and the Purchaser physically takes possession and occupation of the Property which will be as near as possible to the Estimated Possession Date but not prior to the date of issue of the Certificate of Practical Completion;

Possession Date means 12:01 a.m., on the day following the Closing Date.

Possession Date shall have, with respect to any Home, the meaning provided in the related Home Purchase Contract.

Possession Date means the actual date on which the Allottee takes possession of the Apartment, or, the 15th (fifteenth) day from the date of notice by the Promoter, as specified in Clause 7.2 above, whichever is earlier;

Possession Date shall have the meaning ascribed to such term in Clause 5.1 of this Deed; “Project” shall have the meaning ascribed to such term in Recital XV of this Deed;

Possession Date means the date of Transfer;