Completion Day definition
Examples of Completion Day in a sentence
The seller or seller’s lawyer will deliver normal closing documents to the buyer or buyer’s lawyer upon reasonable trust conditions consistent with the terms of this contract, including delivery within a reasonable time before the Completion Day to allow for confirmation of registration of documents at the Land Titles Office, obtain the advance of mortgage financing and verify the transfer of other value items.
Possession will be available on and adjustments will be made as of the Completion Day.
If the Seller agrees in writing to accept late payment of the Purchase Price under this clause then, whether or not possession is granted, the Buyer will pay late interest at the prime lending rate of the Province of Alberta Treasury Branches at the Completion Day plus 3% calculated daily from and including the Completion Day to (but excluding) the day the Seller is paid in full.
Teachers who are not entitled to the additional preparation time on a designated Curriculum Completion Day will be required to supervise and assist students in attendance with curriculum activities, in their regularly scheduled teaching time.
If the Completion Day is not a Business Day, then conveyancing matters and payment of the Purchase Price will be completed by 12 noon on the preceding Business Day.