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Installments Payable (for
Link House) |
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|
1. |
Immediately upon
signing of this Agreement
|
10
|
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2. |
Within twenty-one
(21) working days after receipt by the
Purchaser of the Vendor's written notice of
the completion of:
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|
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-
the foundation and footing works of
the said Building
|
10
|
|
|
-
the reinforced concrete framework of
the said Building
|
15
|
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-
the walls of the said Building with
door and window frames placed in
position
|
10
|
|
|
-
the roofing, electrical wiring,
plumbing (without fittings), gas piping
(if any) and internal telephone trunking
and cabling to the said Building
|
10
|
|
|
-
the internal and external plastering
of the said Building
|
10
|
|
|
-
the sewerage works servings the said
Building
|
5
|
|
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-
the drain serving the said Building
|
5
|
|
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-
the roads, drains and sewerage works
serving the said Building
|
5
|
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3. |
On the date the
Purchaser takes vacant possession of the
said Building, with water and electricity
supply ready for connection.
|
12.5
|
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4. |
Within twenty-one
(21) working days after receipt by the
Purchaser or the Purchaser's solicitors of
the separate document of title to the said
Lot together with a valid and registrable
Memorandum of Transfer to the Purchaser duly
executed by the Vendor or on the date the
Purchaser takes vacant possession of the
said Building, whichever is later.
|
2.5
|
|
5. |
On the date the
Purchaser takes vacant possession of the
said Building as in item (3) and to be held
by the Vendor's solicitor as stakeholder for
payment to the Vendor as follows:-
|
5
|
|
|
-
two point five per centum (2.5%) at
the expiry of six (6) months after the
date Purchaser takes vacant possession
of the said Building;
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|
|
|
-
two point five per centum (2.5%) at
the expiry of eighteen (18) months after
the date Purchaser takes vacant
possessions of the said Building
|
|
| |
|
100%
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