Occupation Permit definition
Examples of Occupation Permit in a sentence
Forthwith to forward to the Lender a copy of the Temporary Occupation Permit issued in respect of the Project as and when the same is issued by the relevant authorities.
The Borrower shall ensure that the Temporary Occupation Permit is renewed at all times until the issue of a Certificate of Statutory Completion.
The Performance Security shall be released within 6 months of availing the Occupation Permit/ Completion Certificate from the concerned planning/ local authority, subject to Maha-Metro’s right to receive or recover amounts if any due from Concessionaire under this Agreement.
The Mortgagor shall ensure that the Temporary Occupation Permit is renewed at all times until the issue of a Certificate of Statutory Completion.
The Performance Guarantee shall be released within 6 months of availing the Occupation Permit/ Completion Certificate from the concerned planning/ local authority, subject to Maha-Metro’s right to receive or recover amounts if any due from Concessionaire under this Agreement.