Common use of Delayed Completion Clause in Contracts

Delayed Completion. 7.1 If completion does not take place on the Completion Date in accordance with this contract due to any reason except the Seller’s default, the Buyer shall pay to the Seller on actual completion the sum of £150.00 in respect of the reasonable costs of the Seller’s Conveyancer of preparing and serving any notice to complete lawfully served under Condition 6.8 together with any VAT properly chargeable on those costs