Common use of OCCUPATIONAL INTEREST Clause in Contracts

OCCUPATIONAL INTEREST. Should the Purchaser take possession of the Property prior to registration of transfer, the Purchaser shall pay occupational interest to the Seller, as stipulated in Schedule “1”. Occupational interest is payable in advance on the first day of every month, from date of possession until date of transfer, both days inclusive, payable directly to the Seller ‘s Attorney (reduced pro rata for any period less than a month).

Appears in 18 contracts

Samples: Deed of Sale, Deed of Sale, Deed of Sale

AutoNDA by SimpleDocs

OCCUPATIONAL INTEREST. Should the Purchaser PURCHASER take possession of the Property PROPERTY prior to registration of transfer, the Purchaser PURCHASER shall pay occupational interest to the SellerSELLER, as stipulated in Schedule “1”. Occupational interest is payable calculated at 12% per annum in advance on the first day of every month, from date of possession until date of transfer, both days inclusive, payable directly to the Seller ‘s SELLER’s Attorney (reduced pro rata for any period less than a month).

Appears in 11 contracts

Samples: Offer to Purchase, Offer to Purchase, Offer to Purchase

OCCUPATIONAL INTEREST. Should the Purchaser take possession of the Property property prior to registration of transfer, the Purchaser shall pay occupational interest to the Seller, as stipulated in Schedule “1”. Occupational interest is payable in advance on the first day of every month, from date of possession until date of transfer, both days inclusive, payable directly to the Seller ‘s Attorney nominated attorneys (reduced pro rata for any period less than a month).

Appears in 7 contracts

Samples: Deed of Sale, Deed of Sale, Deed of Sale

OCCUPATIONAL INTEREST. Should the Purchaser take possession of the Property Sale Object prior to registration of transfer, the Purchaser shall pay occupational interest to the Seller, as stipulated in Schedule “12”. Occupational interest interest/rental is payable in advance on the first day of every month, from date of possession until date of transfer, both days inclusive, payable directly to the Seller ‘s Attorney transferring attorneys trust account (reduced pro rata for any period less than a month).

Appears in 2 contracts

Samples: Deed of Sale, Deed of Sale

OCCUPATIONAL INTEREST. Should the Purchaser take possession of the Property Sale Object prior to registration of transfer, the Purchaser shall pay occupational interest to the Seller, as stipulated in Schedule “12”. Occupational interest is payable in advance on the first day of every month, from date of possession until date of transfer, both days inclusive, payable directly to the Seller ‘s Attorney transferring attorneys trust account (reduced pro rata for any period less than a month).

Appears in 2 contracts

Samples: Abraham Preller Trust, www.vleissentraaleiendomme.co.za

AutoNDA by SimpleDocs

OCCUPATIONAL INTEREST. Should the Purchaser take possession of the Property prior to registration of transfer, the Purchaser shall pay occupational interest to the Seller, as stipulated in Schedule “1”. Occupational interest is payable in advance on the first day of every month, from date of possession until date of transfer, both days inclusive, payable directly to the Seller ‘s Attorney nominated attorneys (reduced pro rata for any period less than a month).

Appears in 1 contract

Samples: devhula.com

OCCUPATIONAL INTEREST. Should the Purchaser PURCHASER take possession of the Property PROPERTY prior to registration of transfer, the Purchaser PURCHASER shall pay occupational interest to the SellerSELLER, calculated as stipulated in Schedule “1”. Occupational interest is mutually agreed between the different parties per month, payable in advance on the first day of every month, from date of possession until date of transfer, both days inclusive, payable directly to the Seller ‘s SELLER’s Attorney (reduced pro rata for any period less than a month).

Appears in 1 contract

Samples: Home and Hectare

Time is Money Join Law Insider Premium to draft better contracts faster.