Full Possession Sample Clauses

The Full Possession clause establishes the right of a party, typically a buyer or tenant, to take complete and unrestricted control of a property or asset at a specified time, usually upon closing or commencement of a lease. In practice, this means the previous owner or occupant must vacate the premises and remove all personal belongings, ensuring the new party can use the property without interference. This clause is essential for preventing disputes over access and ensuring a smooth transition of control, thereby providing certainty and clarity for both parties.
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Full Possession. Subject to the terms and conditions of this Agreement, concurrently with the execution and delivery of this Agreement, Seller shall put Buyer into full and actual possession of the Assets. The sale of the Assets contemplated hereby shall be effected by the Bills of Sale, the Assignment and Assumption Agreement and such other instruments of conveyance, transfer and assignment as Buyer may request that are necessary to vest in Buyer all of the rights, title and interests of Seller in the Assets and, subject to the obtaining of any required authorizations, approvals, consents and waivers to such sale of the Assets, to put Buyer in full and actual possession of the Assets.
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Full Possession. Full possession of the property to be on or before the 1st of January, 2022.
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Full Possession. Subject to the terms and conditions of this Agreement, and subject to the Ancillary Agreements, at the Closing, Seller shall put Buyer and its Affiliates into full and actual possession and enjoyment of the Product and the Assets. The sale of the Product and the Assets contemplated hereby shall be effected by instruments of conveyance, transfer and assignment as Buyer may request that are necessary to vest in Buyer all of the rights, title and interests of Seller in the Product and the Assets as provided herein and to put Buyer in full and actual possession, enjoyment and operating control of the Product and the Assets. *Material has been omitted pursuant to a request for confidential treatment, and such material has been filed separately with the SEC.
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Full Possession. Subject to the terms and conditions of this Agreement, at the Closing, Seller shall put Buyer into full and actual possession, enjoyment and operating control of the Assets. The sale of the Assets contemplated hereby shall be effected by instruments of conveyance, transfer and assignment as Buyer may reasonably request that are necessary to vest in Buyer all of the rights, title and interests of Seller in the Assets and, subject to the obtaining of any required authorizations, approvals, consents and waivers, and the satisfaction or termination of any required waiting periods under any applicable law, to such sale of the Assets, to put Buyer in full and actual possession, enjoyment and operating control of the Assets. Notwithstanding anything to the contrary, Seller shall be entitled to make duplicate copies of all Masters and Artwork and to hold such copies pending full payment of the Promissory Note. If Buyer defaults hereunder or under the Promissory Note, then Seller can elect to use such Masters in the creation and sale of new audio and/or audiovisual products and all the rights to the Assets revert back to Seller.
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Full Possession. POSSESSION OF THE PROPERTY WILL BE GIVEN UPON CONFIRMATION WITH ROSEBUD & PLATTE TITLE CO. THAT THE 25% NON-REFUNDABLE ▇▇▇▇▇▇▇ DEPOSIT MONIES ARE GOOD FUNDS IN THEIR TRUST ACCOUNT. FURTHERMORE, IF THE BUYER DOES NOT CLOSE ON THE PROPERTY, THE SELLER WILL RETAIN AND OWN THE 2019 PLANTED CROP.
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Full Possession. 10 2.6 No Assignment in Certain Circumstances . . . . . . . . . . . . . .10
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Full Possession. Possession of Property to be on or before the 1st day of March, 2019, but not before closing.
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Full Possession. Subject to the terms and conditions of this Agreement, at the Closing, Seller shall, and shall cause its Affiliates to, put Buyer and its Affiliates into full and actual possession, enjoyment and operating control of the Business and the Assets. The sale of the Business and the Assets contemplated hereby shall be effected by instruments of conveyance, transfer and assignment as Buyer may request that are necessary to vest in (a) Buyer all of the rights, title and interests of the U.S. Seller in the U.S. portion of the Business and the U.S. Assets and, subject to the obtaining of any required authorizations, approvals, consents and waivers, and the satisfaction or termination of any required waiting periods under any applicable law, to such sale of the U.S. portion of the Business and the U.S. Assets, to put Buyer in full and actual possession, enjoyment and operating control of the U.S. portion of the Business and the U.S. Assets; and
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Full Possession. Landlord shall deliver and Tenant shall accept and pay rent at the rates provided herein for remaining space in the Premises, after delivery of possession of Immediate Space as provided in 6.01, from time to time when first available by reason of termination of current Leases and/or Leases created subsequent hereto; printed, however, that Tenant may defer such possession upon payment of two (2) months rent to Landlord if such space is unoccupied and vacant during such deferral months and one-half (1/2) of the next two (2) months if not re-leased during such deferral period. Any re-lease by reason of such deferral shall have a term not exceeding eighteen (18) months, nor less than six (6) months, and Landlord shall have the right to re-lease immediately upon Tenant's exercise of deferral right hereunder.
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Related to Full Possession

  • Quiet Possession Upon Tenant paying the rent reserved hereunder and observing and performing all of the covenants, conditions and provisions on Tenant's part to be observed and performed hereunder, Tenant shall have quiet possession of the Premises for the entire term hereof, subject to all the provisions of this Lease.

  • TERM; POSSESSION The Term shall commence on the Commencement Date and ---------------- shall expire, if not sooner terminated pursuant to the provisions of this Lease, on the Expiration Date. On the Commencement Date, the Premises and Equipment Space are accepted by Tenant in "as is" condition and configuration (subject to the completion of the Landlord Work). By taking possession of the Premises and Equipment Space, Tenant agrees that the Premises and Equipment Space are in good order and satisfactory condition, and that there are no representations or warranties by Landlord regarding the condition of the Premises, Equipment Space or the Building except as may be expressly set forth herein. If Landlord is delayed in delivering possession of the Premises and Equipment Space or any other space, Landlord shall use reasonable efforts to obtain possession of the space, but no such delay shall nullify this Lease or give rise to any claim for damages on the part of Tenant. If Tenant takes possession of the Premises or Equipment Space before the Commencement Date, such possession shall be subject to the terms and conditions of this Lease except that, prior to the Rent Commencement Date, Tenant will not be required to pay Rent hereunder. Notwithstanding the foregoing, if the Commencement Date does not occur by the date that is one hundred fifty (150) days following the mutual execution and delivery of this Lease (the "Outside Delivery Date"), Tenant, as its sole remedy, may terminate this Lease by giving Landlord written notice of termination after the Outside Delivery Date. In such event, and subject to the provisions set forth below in this Article 3, this Lease shall be deemed null and void and of no further force and effect and Landlord shall promptly refund any prepaid Rent and Security Deposit previously advanced by Tenant under this Lease and the parties hereto shall have no further responsibilities or obligations to each other with respect to this Lease. Landlord and Tenant acknowledge and agree that the Outside Delivery Date shall be postponed by the number of days the Commencement Date is delayed due to events of Force Majeure (as defined herein). Notwithstanding the foregoing to the contrary, if Tenant exercises its right to terminate this Lease as set forth above but Landlord delivers the Premises to Tenant in the condition required by this Lease within thirty (30) days after the date of Tenant's delivery of Tenant's termination notice, this Lease shall continue in full force and effect the same as if Tenant had not delivered its termination notice, and Tenant's termination notice will be null and void. Tenant's right to terminate as described herein shall be null and void as of the Commencement Date.

  • Peaceful Possession The Authority hereby warrants that: a) The Project Site has been acquired through the due process of law and belongs to and is vested with the Authority and that the Authority has full powers to hold, dispose of and deal with the same consistent, inter alia, with the provisions of this Agreement. b) In the event the Developer is obstructed by any Person claiming any right, title or interest in or over the Project Site or any part thereof, or in the event of any enforcement action including any attachment, distrait, appointment of receiver or liquidator being initiated by any Person claiming to have any interest in/charge or the Project Site or any part thereof, the Authority shall, if called upon by the Developer, defend such claims and proceedings and also keep the Developer indemnified against any consequential loss or damages which the Developer may suffer, on account of any such right, title, interest or charge.

  • VACANT POSSESSION The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest (if any).

  • DEFAULT AND POSSESSION In the event that the Lessee shall fail to pay said rent, and expenses as set forth herein, or any part thereof, when the same are due and payable, or shall otherwise be in default of any other terms of said Lease for a period of more than 15 days, after receiving notice of said default, then the parties hereto expressly agree and covenant that the Lessor may declare the Lease terminated and may immediately re-enter said Premises and take possession of the same together with any of Lessee’s personal property, equipment or fixtures left on the Premises which items may be held by the Lessor as security for the Lessee’s eventual payment and/or satisfaction of rental defaults or other defaults of Lessee under the Lease. It is further agreed, that if the Lessee is in default, that the Lessor shall be entitled to take any and all action to protect its interest in the personal property and equipment, to prevent the unauthorized removal of said property or equipment which threatened action would be deemed to constitute irreparable harm and injury to the Lessor in violation of its security interest in said items of personal property. Furthermore, in the event of default, the Lessor may expressly undertake all reasonable preparations and efforts to release the Premises including, but not limited to, the removal of all inventory, equipment or leasehold improvements of the Lessee’s, at the Lessee’s expense, without the need to first procure an order of any court to do so, although obligated in the interim to undertake reasonable steps and procedures to safeguard the value of Lessee’s property, including the storage of the same, under reasonable terms and conditions at Lessee’s expense, and, in addition, it is understood that the Lessor may ▇▇▇ the Lessee for any damages or past rents due and owing and may undertake all and additional legal remedies then available. In the event any legal action has to be instituted to enforce any terms or provisions under this Lease, then the prevailing party in said action shall be entitled to recover a reasonable attorney's fee in addition to all costs of said action. Rent which is in default for more than days after due date shall accrue a payment penalty of one of the following: ☐ - Interest at a rate of percent ( %) per annum on a daily basis until the amount is paid in full. ☐ - Late fee of dollars ($ ) per day until the amount is paid in full. In this regard, all delinquent rental payments made shall be applied first toward interest due and the remaining toward delinquent rental payments.