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

• If an Early Possession Date is specified in Paragraph 1.4 and if Lessee totally or partially occupies the Premises after the Early Possession Date but prior to the Commencement Date, the obligation to pay Base Rent shall be abated for the period of such early occupancy.

• The Maintenance Charges shall become payable from the Possession Date.

• Lessee shall cause to be delivered to Lessor, within seven (7) days after the earlier of the Early Possession Date or the Commencement Date, certified copies of, or certificates evidencing the existence and amounts of, the insurance required under Paragraph 8.2(a) and 8.

• Seller shall maintain the Property in its present condition through the Possession Date.

• It is understood that the Possession Date shall not be a date later than the date specified in clause 7.1 above.

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 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, with respect to any Home, the meaning provided in the related Home Purchase Contract.

Possession Date shall have the meaning ascribed to such term in Clause 4.1 of this Deed; “Project” shall have the meaning ascribed to such term in Recital V of this Deed;

Possession Date means the date of Transfer;