‘10 Completion 10.1 Completion must take place on the Completion Date. 10.2 On the Completion Date, the Buyer will pay the Buyer's Contribution to the Seller in accordance with this clause 10. 10.3 Monies due on completion (including any VAT on the Purchase Price) must be paid by CHAPS from an account held in the name of a conveyancer at a UK clearing bank to the Seller's Solicitors’ client account. 10.4 On the Completion Date, the Buyer's Solicitor is to send to the Seller’s Solicitor in advance the Purchase Price (less any Deposit (if paid)), together with the Buyer's Contribution, (‘the Completion Funds’) both of which are to be held to order pending the following occurring simultaneously on the Completion Date:- 10.4.1 The Seller (at the Seller's own cost) shall simultaneously enter into and complete the Deed of Variation with the Buckinghamshire Council (‘the Council’), and to obtain from the Council's Planning Case Officer/Planning Agent (‘the Planning Officer’) the decision notice in respect of the Deed of Variation (‘the Decision Notice’); 10.4.2 The Seller’s Solicitor upon receipt of a pdf scanned copy of the Council's signed and dated Deed of Variation, and a pdf scanned copy of the Decision Notice is to immediately forward copies of the same by email to the Buyer's Solicitor, upon which the Completion Funds are automatically and unconditionally released to the Seller and/or Seller’s Solicitor. The Seller’s Solicitor is to send the original signed Deed of Variation to the Buyer's Solicitor within 5 working days of receipt of the same from the Council.’
‘8. We did not previously did not [sic] understand or perhaps appreciate that your clients were intending on using or relying upon our client’s funds to discharge the mortgage and entering into the deed and although that should in theory be no problem, the funds could not be released for that purpose without clear undertakings from the council (or your firm) in place.’