Common use of Retention of Ownership Clause in Contracts

Retention of Ownership. Notwithstanding anything to the contrary herein contained, ownership of all materials brought onto the erf or building site shall remain vested in the contractor until such time as all amounts due in terms of this agreement has been paid in full.

Appears in 6 contracts

Sources: Building Agreement, Deed of Sale, Deed of Sale

Retention of Ownership. Notwithstanding anything to the contrary herein contained, ownership of all materials brought build onto the erf or building site shall remain vested in the contractor until such time as all amounts due in terms of this agreement has been be paid in full. The provisions of this paragraph shall apply notwithstanding the fact that such materials may have otherwise exceeded to the erf or any building situated on the erf.

Appears in 1 contract

Sources: Building Agreement

Retention of Ownership. Notwithstanding anything to the contrary herein contained, ownership of all materials brought onto the erf or building site shall remain vested in the contractor Contractor until such time as all amounts due in terms of this agreement Agreement has been paid in full. The provisions of this paragraph shall apply notwithstanding the fact that such materials may have otherwise exceeded to the Plot or any building situated on the ▇▇▇▇.

Appears in 1 contract

Sources: Building Agreement