Common use of From the Completion Date Clause in Contracts

From the Completion Date. 6.3.1 the Purchaser shall become liable for the payment of occupational interest to the Seller calculated at 0,75% (zero comma seven five percent) of the Purchase Price per month, which amount is payable to the Trust Account monthly in advance on or before the first business day of every month; and 6.3.2 the Purchaser shall become entitled to all rental income in respect of the Property.

Appears in 2 contracts

Sources: Agreement of Sale, Agreement of Sale