ADDITIONAL TERMS AND COVENANTS REGARDING POSSESSION/HAND OVER Sample Clauses

ADDITIONAL TERMS AND COVENANTS REGARDING POSSESSION/HAND OVER. Failure of Allottee(s) to take possession of Said Apartment And Properties Appurtenant: In case the Allottee(s) fails to take possession within the time provided in para 7.2 in the Possession Notice such Allottee(s) shall be liable to pay maintenance charges as specified in para 7.2 from such date as notified in the Possession Notice (Deemed Possession) and also pay demurrage charges to the Promoter at the rate of Rs.5,000/- (Rupees five thousand) only per month or part thereof from the expiry of the time mentioned in the possession letter till such time the Allottees (s) takes the possession of the Said Apartment And Properties Appurtenant.
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ADDITIONAL TERMS AND COVENANTS REGARDING POSSESSION/HAND OVER. Failure of Allottee(s) to take possession of Said Unit: In case the Allottee(s) fail/s to take possession within the time provided in clause 7.2 in the Possession Notice such Allottee(s) shall be liable to pay maintenance charges as specified in clause 7.2 from such date as notified in the Possession Notice (Deemed Possession) and also pay guarding charges to the Promoter at the rate of Rs.25,000/- (Rupees Twenty Five Thousand) only per month or part thereof from the expiry of the time mentioned in the possession letter till such time the Allottees(s) take/s the possession of the Said Unit.
ADDITIONAL TERMS AND COVENANTS REGARDING POSSESSION/HAND OVER. Failure of Allottees to take possession of Said Apartment And Properties Appurtenant: In case the Allottees fails to take possession within the time provided in para 7.2 in the Possession Notice such Allottees shall be liable to pay maintenance charges as specified in para 7.2 from such date as notified in the Possession Notice (Deemed Possession) and also pay demurrage charges to the Promoter at the rate of Rs. /- (Rupees ) only per month or part thereof from the expiry of the time mentioned in the possession letter till such time the Allottees (s) takes the possession of the Said Apartment And Properties Appurtenant .
ADDITIONAL TERMS AND COVENANTS REGARDING POSSESSION/HAND OVER. Notwithstanding whatever stated elsewhere in the agreement if the Promoter after completing the Project as certified by the Architect applies for the Occupancy/Completion Certificate to the Howrah Municipal Corporation and for no fault of the Developer/Assignor the Howrah Municipal Corporation delays in granting the Occupancy/Completion Certificate, then in such an event the Promoter shall handover the possession to the Allottees subject to the Allottees making all payment as agreed in this Agreement.
ADDITIONAL TERMS AND COVENANTS REGARDING POSSESSION/HAND OVER i) In the event after receipt of the Possession Notice, the Allottee fail(s) and/or neglect(s) in making timely payment/deposit of each of the amounts then outstanding and/or payable and/or to be deposited by the Allottee (each as ascertained by the Owner) and/or in observing, fulfilling and performing each of his/her/their/its obligations, covenants, undertakings etc., all to the satisfaction of the Owner, the Owner shall be entitled, at its sole and exclusive option, to exercise its right to terminate this Agreement, whereupon the consequences enumerated in para/Clause 34.9 shall apply, and the Allottee hereby accept(s) and consent(s) to the same.

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  • Additional Terms and Conditions This Annex A to the Second Amended and Restated Servicing Agreement, dated October 31, 2021 (the “Agreement”), among Xxxxx Bank and Xxxxx Trust Company, as Sellers, the Bank Assets Purchaser and, upon execution of the Joinder Agreement, the Delaware Trust Assets Purchaser, as Purchasers, and Guarantor (solely for purposes of Section 9.5 of the Agreement), is incorporated into and deemed part of the Agreement in all respects.

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