Common use of Possession and Occupancy Clause in Contracts

Possession and Occupancy. For purposes of this clause, time is of the essence. Subject to rights of tenants, 303 possession/occupancy shall be given  at Closing  on or before o'clock  (A.M.)  (P.M.)  (Noon) 304 EASTERN/DAYLIGHT STANDARD TIME on , or such earlier date that the Seller 305 so notifies the Buyer. Until such time, Seller shall have the right of possession/occupancy free of rent, unless otherwise specified, but 306 shall pay for all utilities used. Seller shall order final meter readings to be made as of the occupancy date for all utilities serving the Real 307 Estate and Seller shall pay for all final bills rendered from such meter readings. Seller acknowledges and agrees that prior to ▇▇▇▇▇ taking 308 possession of the Real Estate, Seller shall remove all personal possessions not included in this Contract and shall remove all debris. If 309 Seller fails to vacate as agreed in this Contract or any attached post-closing occupancy agreement, Seller shall be responsible for 310 all additional expenses, including attorney’s fees, incurred by ▇▇▇▇▇ to take possession as a result of ▇▇▇▇▇▇’s failure to vacate.

Possession and Occupancy. For purposes of this clause, time is of the essence. Subject to rights of tenants, 303 possession/occupancy shall be given  at Closing 295  on or before o'clock  (A.M.)  (P.M.)  (Noon) 304 EASTERN/DAYLIGHT STANDARD TIME on 296 , or such earlier date that the Seller 305 so notifies the Buyer. Until such time, Seller shall 297 have the right of possession/occupancy free of rent, unless otherwise specified, but 306 shall pay for all utilities used. Seller shall order final 298 meter readings to be made as of the occupancy date for all utilities serving the Real 307 Estate and Seller shall pay for all final bills rendered 299 from such meter readings. Seller acknowledges and agrees that prior to ▇▇▇▇▇ taking 308 possession of the Real Estate, Seller shall remove 300 all personal possessions not included in this Contract and shall remove all debris. Time is of the essence. If 309 Seller fails to vacate as agreed in this Contract or any attached post-closing occupancy agreementSample 301 agreed, Seller shall be responsible for 310 all additional expenses, including attorney’s fees, incurred by ▇▇▇▇▇ to take possession as 302 a result of ▇▇▇▇▇▇Seller’s failure to vacate.