Possession Certificate Sample Clauses

Possession Certificate. Whereas it has been decided by the Government of West Bengal vide Order No. dated that fair price outlet would be set up in the Hospital of ---------------------- district under Public Private Partnerships by---- of (Private Partner) for round the clock availability of quality medicines, consumables, implants etc a in accordance with the Agreement executed on between the aforesaid Private Partner and the of the DoHFW; Whereas in terms of the aforesaid Government Order and the Agreement executed, the Hospital Authorities is required to provide adequate space as per the Drugs and Cosmetics Acts and laws in the above mentioned ------------------------------ - Hospital of to the above private partner to set up the fair price outlet; Whereas the cover space in total area of ---------------square feet as indicated in the enclosed site map, within the premises of ------------------------------ Hospital has been identified as the project site in respect of the fair price outlet referred to above. Now in keeping with the decision of the Government and the Agreement aforesaid, the right of occupancy of the space, details of which are indicated in the site map is hereby handed over to ----------------------------(Private Partner) on the following terms and conditions: The ownership of the hospital site remains with the Government of West Bengal and the private partner shall have only occupancy right to this site on payment of rent for operating fair price outlet till such date as per the agreement executed between , DoHFW and the Private Partner No encumbrance of any nature shall be created in the hospital site. The occupant shall not do anything, which would be prejudicial to the soundness and safety of the property or reduce the value thereof. The occupant shall not sell, transfer or rent out this project site or its part for any purpose whatsoever and the entire site will be used exclusively for fair price out by the Private Partner in terms of the agreement with the of DoHFW. The occupant shall in respect to the said hospital site be subject to the provisions of the said agreement and shall comply strictly with the covenants, conditions and restrictions set forth in the agreement with of DoHFW. The occupant shall vacate the project site in the event of the termination of the agreement or at the end of 4 (Four) years whichever is earlier. Date : Place :
Sample 1Sample 2Sample 3See All (10)
AutoNDA by SimpleDocs
Possession Certificate. Prior to taking possession of the Apt., the Allottee(s) shall inspect it and satisfy himself/herself/themselves that it is constructed as per the plans and specifications herein. Within 7 working days of such inspection or any further period/s agreed to by the Parties the Promoter shall subject to the terms and conditions herein, at its own cost make good, correct, rectify and repair any defects or deficiencies in the Apt. that may be brought to the Promoter’s notice in writing by the Allottee(s). Immediately on completion by the Promoter of the necessary correction of the defects or deficiencies, if any, as aforesaid, the Allottee(s) shall take the possession by receiving the keys of the Apt. from the Promoter and countersigning the Possession Certificate in evidence of the same and shall not delay the taking of possession by raising any further or additional objection/s, dispute/s or complaint/s in respect of the condition and specifications of the Apt., or in respect of any item(s) of work or defects / deficiencies / that have been repaired / rectified / corrected / made good by the Promoter.
Sample 1

Related to Possession Certificate

  • Possession of Collateral Agent and Secured Parties appoint each Lender as agent (for the benefit of Secured Parties) for the purpose of perfecting Liens in any Collateral held or controlled by such Lender, to the extent such Liens are perfected by possession or control. If any Lender obtains possession or control of any Collateral, it shall notify Agent thereof and, promptly upon Agent’s request, deliver such Collateral to Agent or otherwise deal with it in accordance with Agent’s instructions.

  • Possession and Use of Collateral Subject to the provisions of the Security Documents, the Issuer and the Guarantors shall have the right to remain in possession and retain exclusive control of and to exercise all rights with respect to the Collateral (other than monies or U.S. government obligations deposited pursuant to Article VIII, and other than as set forth in the Security Documents and this Indenture), to operate, manage, develop, lease, use, consume and enjoy the Collateral (other than monies and U.S. government obligations deposited pursuant to Article VIII and other than as set forth in the Security Documents and this Indenture), to alter or repair any Collateral so long as such alterations and repairs do not impair the creation or perfection of the Lien of the Security Documents thereon, and to collect, receive, use, invest and dispose of the reversions, remainders, interest, rents, lease payments, issues, profits, revenues, proceeds and other income thereof.

  • Possession and Assembly of Collateral Secured Party may, without notice, demand or initiate legal process of any kind, take possession of any or all of the Collateral (in addition to Collateral of which Secured Party already has possession), wherever it may be found, and for that purpose may pursue the same wherever it may be found, and may at any time enter into any of Grantor's premises where any of the Collateral may be or is supposed to be, and search for, take possession of, remove, keep and store any of the Collateral until the same shall be sold or otherwise disposed of and Secured Party shall have the right to store and conduct a sale of the same in any of Grantor's premises without cost to Secured Party. At Secured Party's request, Grantor will, at Grantor’s sole expense, assemble the Collateral and make it available to Secured Party at a place or places to be designated by Secured Party which is reasonably convenient to Secured Party and Grantor.

  • Possession of Intellectual Property The Company and its subsidiaries own or possess, or can acquire on reasonable terms, adequate patents, patent rights, licenses, inventions, copyrights, know-how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures), trademarks, service marks, trade names or other intellectual property (collectively, “Intellectual Property”) necessary to carry on the business now operated by them, and neither the Company nor any of its subsidiaries has received any notice or is otherwise aware of any infringement of or conflict with asserted rights of others with respect to any Intellectual Property or of any facts or circumstances which would render any Intellectual Property invalid or inadequate to protect the interest of the Company or any of its subsidiaries therein, and which infringement or conflict (if the subject of any unfavorable decision, ruling or finding) or invalidity or inadequacy, singly or in the aggregate, would result in a Material Adverse Effect.

  • Title to Properties; Possession Under Leases (a) Such Borrower and each of its Subsidiaries have good and marketable title to, or valid leasehold interests in, all its material properties and assets, except for minor defects in title that do not materially interfere with its ability to conduct its business as currently conducted or to utilize such properties and assets for their intended purposes.

  • Possession of Mortgage Files The Seller does hereby sell, transfer, assign, set over and convey to the Purchaser, without recourse but subject to the terms of this Agreement, all of its right, title and interest in, to and under the Mortgage Loans, including the related Prepayment Charges. The contents of each Mortgage File not delivered to the Purchaser or to any assignee, transferee or designee of the Purchaser on or prior to the Closing Date are and shall be held in trust by the Seller for the benefit of the Purchaser or any assignee, transferee or designee of the Purchaser. Upon the sale of the Mortgage Loans, the ownership of each Mortgage Note, the related Mortgage and the other contents of the related Mortgage File is vested in the Purchaser and the ownership of all records and documents with respect to the related Mortgage Loan prepared by or that come into the possession of the Seller on or after the Closing Date shall immediately vest in the Purchaser and shall be delivered immediately to the Purchaser or as otherwise directed by the Purchaser.

  • POSSESSION OF PREMISES Tenant shall not be entitled to possession of the premises designated for lease until the security deposit and first month’s rent (or prorated portion thereof), less any applicable promotional discount, is paid in full and the premises designated for lease is vacated by the prior tenant.

  • Possession and Use Contractor may possess, use and reproduce Confidential Information solely for the Purpose. Contractor shall not use the Confidential Information for any other purpose.

  • Possession of the Property The Parties hereby agree that the exclusive possession of the Property shall be delivered by the Seller to the Buyer on .

  • Possession of Property Possession of the Property free and clear of all uses and encroachments, except the Permitted Exceptions, shall be delivered to Purchaser at closing.

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