OCCUPATIONAL RENT Sample Clauses
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OCCUPATIONAL RENT. 9.1 Should transfer take place after the Occupation Date, the Purchaser shall pay occupational rent as set out in Clause (e) of the Schedule, from the Occupation Date to date of registration of the property into the name of the Purchaser, both dates inclusive, which shall be paid directly to the Developer monthly in advance on or before the 2nd day of each consecutive month. If the Occupation Date and/or registration date does not fall on the first day of the month, then the occupational rent payable shall be pro-rated for that month.
9.2 In the event of the Occupation Date occurring prior to the fulfilment of any suspensive condition or condition precedent, the Purchaser shall be liable for occupational rent from the Occupation Date notwithstanding that this Agreement may subsequently be of no force and effect by reason of non-fulfilment of any suspensive conditions or condition precedent.
9.3 The occupational rent shall be paid by the Purchaser into the following bank account elected by the Developer, or such other account as notified by the Developer in writing:
OCCUPATIONAL RENT. 9.1 Should transfer take place after the Occupation Date, the Purchaser shall pay occupational rent as set out in Clause (e) of the Schedule, from the Occupation Date to date of registration of the property into the name of the Purchaser, both dates inclusive, which shall be paid directly to the Seller monthly in advance on or before the 2nd day of each consecutive month. If the Occupation Date and/or registration date does not fall on
9.2 In the event of the Occupation Date occurring prior to the fulfilment of any suspensive condition or condition precedent, the Purchaser shall be liable for occupational rent from the Occupation Date notwithstanding that this Agreement may subsequently be of no force and effect by reason of non-fulfilment of any suspensive conditions or condition precedent.
9.3 The occupational rent shall be paid by the Purchaser into the following bank account elected by the Seller, or such other account as notified by the Seller in writing:
OCCUPATIONAL RENT. An amount being 1.0 %(one percent) of the purchase price in 1.4 above, payable monthly from date of actual completion of the unit to date of transfer, whether occupation is taken or not.
OCCUPATIONAL RENT. Monthly in advance from the date of completion (calculated pro rata): R per month (for the first three months) [clause 7.1 of Terms and Conditions, Schedule B] [clauses 11.11] R per month (from the fourth month)
OCCUPATIONAL RENT. 1. The Purchaser shall pay occupational rent to the Seller from the date of confirmation, irrespective of whether the Purchaser commences occupation until date of registration of transfer, payable monthly in advance on or before the first business day of each month and is payable to the Seller at the address as stipulated in the Schedule.
2. The monthly occupational rent shall be 0.1% (ONE) of the purchase price.
3. Arrear occupational rent shall bear interest at the prevailing prime overdraft rates of Nedbank Ltd from time to time, calculated daily from date it became due up to and until date of payment.
OCCUPATIONAL RENT. Occupational rent will be payable to the SELLER on the last day of every month in the amount of _________________________________________________________________
OCCUPATIONAL RENT. 7.1.1 From the date of occupation as contemplated in clause 6.1 to date of registration of transfer of the Unit hereby sold into the name of the Purchaser, the Purchaser shall pay occupational rent to the Seller at the rate of zero comma six percent (0,6%) per month calculated on the purchase price.
7.1.2 The aforesaid occupational rent is payable monthly in advance on the first day of each month free of bank exchange at the offices of the Seller or its Nominee.
OCCUPATIONAL RENT. Occupational rent referred to in clause 6.2 shall be equal to 5% (FIVE PERCENT) per annum (plus VAT thereon) on the purchase price with a minimum of R (plus VAT thereon) per month. SIGNED BY THE SELLER AT ON THE DAY OF AS WITNESSES:
2. SELLER
OCCUPATIONAL RENT. It is further agreed that the Seller and / or the Contractor will charge occupational rent of R...