Electronic Registration. In the event that the electronic registration system (hereinafter referred to as the “Teraview Electronic Registration System” or “TERS”) is operative in the applicable Land Titles Office in which the Property is registered, then at the option of the Vendor’s solicitor, the following provisions shall prevail, namely:
Electronic Registration a) The parties agree that the transaction shall be completed by electronic registration pursuant to Part III of the Land Registration Reform Act as amended. The parties acknowledge and agree that the delivery and release of documents may, at the discretion of the lawyer: a) not occur contemporaneously with the registration of the transfer/deed and other registerable documentation, and b) be subject to conditions whereby the lawyer receiving documents and/or money will be required to hold them in trust and not release them except in accordance with the terms of a written agreement between the lawyers entered into in the form of the Document Registration Agreement adopted by the Joint LSUC-OBOA Committee on Elective Registration of Title Documents.
Electronic Registration. The closing of the transaction will be completed by electronic registration pursuant to Part III of the Land Registration Reform Act, R.S.O. 1990, Chapter L4 and the Electronic Registration Act, R.S.O./S.O. 1991, Chapter 44, and any amendments thereto, the Vendor and Purchaser acknowledge and agree that the exchange of closing funds, non-registerable documents and other items (the “Requisite Deliveries”) and the release thereof to the Vendor and Purchaser will (a) not occur at the same time as the registration of the Transfer/Deed (and any other documents intended to be registered in connection with the completion of this transaction) and (b) be subject to conditions whereby the lawyer(s) of the Vendor and the Purchaser receiving any of the Requisite Deliveries will be required to hold same in trust and not release same except in accordance with the terms of a document registration agreement between the same lawyers. The Vendor and Purchaser irrevocably instruct the said lawyers to be bound by the document registration agreement which is recommended from time to time by the Law Society of Upper Canada. Unless otherwise agreed to by the lawyers, such exchange of the Requisite Deliveries will occur in the applicable Land Titles Office or such other location agreeable to both lawyers. The following terms and conditions shall form part of this Agreement:
Electronic Registration. Supplier shall be responsible for ensuring that each Public Agency has completed U.S. Communities' online registration process prior to processing the Public Agency's first sales order.
Electronic Registration. Should electronic registration be available at the Land Registry Office on the Closing Date, the following terms and conditions shall form part of this Agreement:
Electronic Registration. The following requirements apply:
Electronic Registration. This transaction shall be completed on the Closing Date by electronic registration at the Vendor's lawyer's offices and the Purchaser's lawyer's offices, or at such other place as may be agreed to in writing by the parties or their respective lawyers. The Vendor and Purchaser acknowledge and agree that documents may be exchanged on Closing at the agreed upon place of Closing or delivered to the other party in properly executed form by email PDF transmission or other similar system reproducing the original. The Vendor and Purchaser acknowledge and agree that the delivery and exchange of documents, monies and possession of the Purchased Assets and the release thereof to the Vendor and the Purchaser, as the case may be, shall not occur contemporaneously with the registration of the transfer and other registrable documentation and shall be governed by a document registration agreement (the "DRA") pursuant to which the Vendor's lawyers and the Purchaser's lawyers will hold in escrow all documents and monies received by them and will not release same to their respective clients except in strict accordance with the DRA. The parties hereby instruct their respective lawyers to enter into the DRA establishing the procedures for completion of this transaction in escrow and by means of electronic registration.
Electronic Registration. 16.1 Where the Property is in an area where electronic registration is mandatory and the transaction will be completed by electronic registration pursuant to Part III of the Land Registration Reform Act, R.S.O. 1990, c. L-4, and the Electronic Registration Act, S.O. 1991, c.-44, and any amendments thereto, the Vendor and Purchaser acknowledge and agree that the exchange of closing funds, non-registerable documents and other closing deliverables provided for herein and the release thereof to the Vendor and Purchaser will:
Electronic Registration. On-line Registration (If applicable and if available on Builder’s website) – Agent and/or Buyer may register online using the Builder’s website registration process prior to the Agent and/or Buyer visiting the Builder’s model home or office. Faxed/Scanned Registration Form – Agent and/or Buyer may send a faxed or scanned signed copy of the Prospective Buyer Registration Form or the Builder’s Proprietary Customer Registration Form prior to the Agent and/or Buyer visiting Builder’s model home or office. Email Notification – Agent may send email notification to Builder or Builder’s Representative regarding a Buyer’s intent to visit Builder’s Model Home or office. The Agent’s email notification should include the Buyer’s name, address, phone number and, if possible, set an appointment for the Buyer’s visit to the Builder’s model home or office. The Prospective Buyer Registration Form or the Builder’s Proprietary Customer Registration Form must then be completed by the Buyer during that first visit to the Builder’s model home or office. (It is not the intent that any of the electronic registration processes contained herein should be used by an Agent to communicate “en masse” to Builders or Builder’s Representative in an effort to establish procuring cause for a Buyer. The Electronic Registration methods established by these Guidelines were designed to better facilitate communication between Agents and Builders or Builder’s Representatives regarding a Buyer’s particular interest in a Builder or a Builder’s model home. An Agent found to be using the Electronic Registration process improperly will be subject to the review and sanctions in accordance with these Guidelines.)
Electronic Registration. Where the Property is in an area where electronic registration is mandatory and the Transaction will be completed by electronic registration pursuant to Part III of the Land Registration Reform Act, R.S.O. 1990, c. L.4, and the Electronic Registration Act, S.O. 1991, c.44, and any amendments thereto, the Seller and Purchaser acknowledge and agree that the exchange of closing funds, non-registrable documents and other closing deliverables provided for herein and the release thereof to the Seller and Purchaser will: not occur at the same time as the registration of the transfer/deed (and any other documents intended to be registered in connection with the completion of this Transaction); and be subject to conditions whereby the lawyer(s) receiving any of the closing deliverables will be required to hold same in escrow and not release same except in accordance with the terms of the latest Document Registration Agreement recommended from time to time by the Law Society of Upper Canada. Closing Deliverables Subject to the provisions of this Agreement, the Seller covenants that it shall execute or cause to be executed and shall deliver or cause to be delivered to the Purchaser or the Purchaser’s solicitor on or before the Closing Date, each of the following: Vacant possession of the Property; An executed Transfer/Deed of Land in registrable form duly executed by the Seller in favour of the Purchaser (save for any Land Transfer Tax Affidavit); Direction regarding the payment of funds; Statement of Adjustments, which will be deliverable at least five (5) business days prior to the Closing Date; Undertaking to re-adjust the statement of adjustments, if necessary, upon written demand following closing; and . Subject to the provisions of this Agreement, the Purchaser shall execute or cause to be executed and shall deliver or cause to be delivered to the Seller or the Seller’s Solicitor on or before the Closing Date: Certified cheque or bank draft made payable to Sellers solicitor for the balance of the Purchase Price due on the Closing Date; Direction regarding title, if necessary; Undertaking to re-adjust the statement of adjustments, if necessary, upon written demand following closing. HST Declaration and Indemnity, as contemplated in Section 4.3, if applicable; Purchaser’s Indemnification in accordance with Section 6.3 of this Agreement; Any documentation required by the Seller pursuant to the proposal made to the Seller by the Purchaser dated the 26th day of Sept...
