Additions and Alterations. A. In the event of the Society formed and registered before the sale and disposal by the Developers of all the premises in the said Tower Building as also before the completion of the construction of additional structures and/or sale and disposal of premises in the said Tower Building on the said Land, the powers and authority of the society or association so form of the Purchaser‟s in the said Tower Building and the Purchaser/s of other premises shall be subject to the powers of the Developers in all the matters concerning as also of the additional structures and all amenities pertaining to the same. In particular, the Developers shall have absolute authority and control as regards any unsold premises and the sale thereof. B. The Purchaser/s shall not at any time demolish or cause to be done any additions or alterations of whatsoever nature in the said premises or any part thereof without obtaining prior written permission of the Developers. The Purchaser/s shall keep the said premises walls, partitions, walls, sewers, drains, pipes and appurtenances thereto in good and tenantable repair and conditions and in particular the said Tower Building other than his/her/their premises. The Developers shall not permit the closing of the niche balconies or allow any alterations in the outside elevations and/or outside colour scheme of the premises to be allotted to him/her/them. C. After the possession of the said premises is handed over to the Purchaser/s, if any additions or alterations in or about or relating to the said Tower Building area required to be carried out by the Government, Local Authority or any other Statutory Authority, the same shall be carried out by the Purchaser/s of various premises in the said Tower Building at his/her/their own costs and the Developer shall not be in any manner liable or responsible for the same. D. The Purchaser/s shall not do or permit to be done any act or thing which may render void or voidable insurance (if any) of any premises or any part of the said Tower Building or cause any increased premium to be payable in respect thereof or which may be likely to cause nuisance or annoyance to the user and occupiers in the said Tower Building. E. The Purchaser/s hereby agree/s and confirm/s that the Purchaser/s shall not carry out any modifications, additions, changes in the layout as well as in the internal planning of the flat. The Purchaser/s hereby agree/s and confirm/s that the Purchaser/s shall not be allowed to demolish walls, pillars, columns, RCC Structural, structural changes etc. or any part or portion thereof and shall use said flat and maintain the same in its original condition. In the event of the Purchaser/s committing any breach of this agreement, the Developers shall be entitled to terminate this agreement to take back possession of the said premises. F. The Purchaser/s hereby agree/s and confirm/s that in the event of the Purchaser/s committing any such breach of the terms and conditions of the said agreement, in that event, the Purchaser/s shall be liable to pay liquidated damages to the Developers in the event of the Developers suffers any loss and damages with regard to their entire project of development. The Purchaser/s shall also be liable to pay damages at the rate of Rs. 1 lakh per day for committing any such violation of the terms and conditions of the agreement. G. In the event of any penalty or damages levied by MMRDA and all other concerned authorities or by the Collector, Raigad against the Developers, the said amount will be payable by the Purchaser/s and it will be the responsibility of the Purchaser/s to bring the said flat in its original position so as to meet the requirements, orders and directions, which will be issued by MMRDA and by all other concerned authorities or by Collector, Raigad from time to time. The Purchaser/s hereby agree/s and confirm/s that he/she/they shall also ensure that any persons claiming through, by and/or under the Purchaser/s including his/her/their family members/representatives will not commit any default or violation of any of the aforesaid conditions more particularly making any structural changes in the said flat or any part or portion thereof. H. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they while carrying out the internal interior decorations of the said flat will not make any structural changes and also will not destroy and/or make any changes in the elevation of the said building. The Purchaser/s hereby agree/s and confirm/s that the Developers have agreed to sell only a flat in the building being constructed by the Developers as mentioned above. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they shall not have any right with regard to the open spaces/land/lift/landing space area as well as the common passage and other areas of the building. I. The Purchaser/s hereby agree/s and confirm/s that he/she/they and all other persons claiming through, by and/or under him/her/them will never commit any encroachment and/or trespass and will not use said common area as their exclusive ownership or right thereof and shall use said common area alongwith other flat purchasers. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they will not be entitled to raise any claim and right in the said open spaces/land/lift/landing space area as well as the common passage and other areas of the building.
Appears in 1 contract
Samples: Purchase Agreement
Additions and Alterations. A. In the event After Substantial Completion of the Society formed Facility and registered before Leased Premises, Lessee shall have the sale right to make, at Lessee’s sole cost and disposal by expense, additions, alterations, and changes ("Alterations"), in or to the Developers of all Leased Premises or the premises Improvements, provided Lessee shall not then be in default in the said Tower Building as also before performance of any of Lessee's covenants or agreements in this Lease, subject, however, in all cases to the completion following:
(1) No Alterations of any kind shall be made without the prior written consent of Lessor if the Alterations would tend to: (a) change the general character or structure of the construction of additional structures and/or sale and disposal of premises in the said Tower Building Improvements on the said LandLeased Premises, or (b) reduce or impair the powers and authority value, rental, rental value, rentability, or usefulness of the society Leased Premises or association so form of the Purchaser‟s in the said Tower Building and the Purchaser/s of other premises shall be subject to the powers of the Developers in all the matters concerning as also of the additional structures and all amenities pertaining to the same. In particular, the Developers shall have absolute authority and control as regards any unsold premises and the sale thereof.
B. The Purchaser/s shall not at any time demolish or cause to be done any additions or alterations of whatsoever nature in the said premises or any part thereof without obtaining prior written permission of the Developers. The Purchaser/s shall keep the said premises walls, partitions, walls, sewers, drains, pipes and appurtenances thereto in good and tenantable repair and conditions and in particular the said Tower Building other than his/her/their premises. The Developers shall not permit the closing of the niche balconies or allow any alterations in the outside elevations and/or outside colour scheme of the premises to be allotted to him/her/them.
C. After the possession of the said premises is handed over to the Purchaser/s, if any additions or alterations in or about or relating to the said Tower Building area required to be carried out by the Government, Local Authority or any other Statutory Authority, the same shall be carried out by the Purchaser/s of various premises in the said Tower Building at his/her/their own costs and the Developer shall not be in any manner liable or responsible for the same.
D. The Purchaser/s shall not do or permit to be done any act or thing which may render void or voidable insurance (if any) of any premises Improvements or any part of same;
(2) No Alterations shall be undertaken until Lessee shall have procured and paid for, to the said Tower Building or cause any increased premium to be payable in respect thereof or which extent the same may be likely required from time to cause nuisance time, all permits and authorizations of all municipal departments and governmental subdivisions having jurisdiction, and complied with all other laws, statutes, codes, ordinances, orders, rules, regulations, permits, or annoyance licenses relating to the user and occupiers Alterations;
(3) Any structural Alterations involving in the said Tower Building.
E. The Purchaser/s hereby agree/s aggregate an estimated cost of more than $ shall be conducted under the supervision of an architect or engineer selected by Lessee and confirm/s that the Purchaser/s shall not carry out any modifications, additions, changes approved in the layout as well as advance and in the internal planning of the flat. The Purchaser/s hereby agree/s and confirm/s that the Purchaser/s writing by Lessor (which approval shall not be allowed to demolish wallsunreasonably withheld or delayed). No such structural Alterations shall be made, pillars, columns, RCC Structural, structural changes etc. except in accordance with detailed plans and specifications and cost estimates prepared and approved in writing by such architect or any part engineer and approved in advance and in writing by Lessor (which approval shall not be unreasonably withheld or portion thereof and shall use said flat and maintain the same in its original conditiondelayed). In the event of Lessor's disapproval, Lessor shall give to Lessee an itemized statement of reasons for the Purchaser/s committing any breach of disapproval. If Lessor does not disapprove the plans and specifications provided for in this agreementparagraph within fifteen (15) days after they have been submitted to Lessor, the Developers plans and specifications shall be entitled deemed to terminate have been approved by Lessor. Prior to commencing any work under this agreement to take back possession Section 11, Lessee shall furnish Lessor, on demand, with a good and sufficient surety bond insuring the completion of the said premiseswork and the payment of all bills in connection with the work.
F. (4) Any Alterations shall be made promptly, subject to Force Majeure Delay, and in a good and workmanlike manner and in compliance with all applicable laws, statutes, codes, ordinances, orders, rules, regulations, permits, or licenses, and all insurance policy provisions and requirements;
(5) The Purchaser/s hereby agree/s cost of any such alterations shall be paid solely by Lessee in cash or its equivalent, including the cost of labor and confirm/s that materials supplied to the Leased Premises or the Improvements;
(6) Workers' compensation insurance covering all persons employed in connection with the Alteration work and with respect to whom death or bodily injury claims could be asserted against Lessor, Lessee, or the Leased Premises or the Improvements, and commercial general liability insurance for the mutual benefit of Lessor and Lessee with limits of not less than $ in the event of the Purchaser/s committing any such breach of the terms bodily injury or death to one person and conditions of the said agreement, in that event, the Purchaser/s shall be liable to pay liquidated damages to the Developers not less than $ in the event of bodily injury or death to any number of persons in any one accident, and with limits of not less than $ for damages or injury to property, with not more than a $ deductible, shall be maintained by Lessee at Lessee's sole cost and expense at all times when any substantial work is in progress in connection with any Alterations. All such insurance, if readily obtainable, shall be effected under standard form policies issued by insurers of recognized responsibility, which are duly licensed to issue such insurance in the Developers suffers any loss State of Oklahoma and damages with regard well rated by national rating organizations. SECTION TWELVE INSPECTIONS Lessee shall permit Lessor, Lessor’s agents, employees, and contractors to their entire project of development. The Purchaser/s shall also be liable to pay damages at the rate of Rs. 1 lakh per day for committing any such violation enter all parts of the terms Leased Premises and conditions the Improvements during Lessee's regular business hours to inspect the same and to enforce or carry out any provisions of the agreement.
G. In the event of any penalty or damages levied by MMRDA and all other concerned authorities or by the Collectorthis Lease, Raigad against the Developers, the said amount will be payable by the Purchaser/s and it will be the responsibility of the Purchaser/s to bring the said flat in its original position so as to meet the requirements, orders and directionsprovided Lessee is given reasonable advance notice, which will may be issued by MMRDA verbal (except in an emergency, in which case no notice shall be necessary), and by all other concerned authorities or by Collector, Raigad from time to time. The Purchaser/s hereby agree/s and confirm/s that he/she/they shall also ensure that any persons claiming through, by and/or under the Purchaser/s including his/her/their family members/representatives will not commit any default or violation of any of the aforesaid conditions more particularly making any structural changes in the said flat or any part or portion thereof.
H. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they while carrying out the internal interior decorations of the said flat will not make any structural changes and also will not destroy and/or make any changes in the elevation of the said building. The Purchaser/s hereby agree/s and confirm/s that the Developers have agreed to sell only a flat in the building being constructed by the Developers as mentioned above. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they Lessee's Permitted Use shall not have be unreasonably interfered with by Lessor during any right with regard to the open spaces/land/lift/landing space area as well as the common passage and other areas of the buildingentry authorized in this Section 12.
I. The Purchaser/s hereby agree/s and confirm/s that he/she/they and all other persons claiming through, by and/or under him/her/them will never commit any encroachment and/or trespass and will not use said common area as their exclusive ownership or right thereof and shall use said common area alongwith other flat purchasers. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they will not be entitled to raise any claim and right in the said open spaces/land/lift/landing space area as well as the common passage and other areas of the building.
Appears in 1 contract
Samples: Ground Lease Agreement
Additions and Alterations. A. In the event of the Society formed and registered before the sale and disposal by the Developers of all the premises in the said Tower Building as also before the completion of the construction of additional structures and/or sale and disposal of premises in the said Tower Building on the said Land, the powers and authority of the society or association so form formed of the Purchaser‟s in the said Tower Building and the Purchaser/s of other premises shall be subject to the powers of the Developers in all the matters concerning as also of the additional structures and all amenities pertaining to the same. In particular, the Developers shall have absolute authority and control as regards any unsold premises and the sale thereof.
B. The Purchaser/s shall not at any time demolish or cause to be done any additions or alterations of whatsoever nature in the said premises or any part thereof without obtaining prior written permission of the Developers. The Purchaser/s shall keep the said premises walls, partitions, walls, sewers, drains, pipes and appurtenances thereto in good and tenantable repair and conditions and in particular the said Tower Building other than his/her/their premises. The Developers shall not permit the closing of the niche balconies or allow any alterations in the outside elevations and/or outside colour scheme of the premises to be allotted to him/her/them.
C. After the possession of the said premises is handed over to the Purchaser/s, if any additions or alterations in or about or relating to the said Tower Building area required to be carried out by the Government, Local Authority or any other Statutory Authority, the same shall be carried out by the Purchaser/s of various premises in the said Tower Building at his/her/their own costs and the Developer shall not be in any manner liable or responsible for the same.
D. The Purchaser/s shall not do or permit to be done any act or thing which may render void or voidable insurance (if any) of any premises or any part of the said Tower Building or cause any increased premium to be payable in respect thereof or which may be likely to cause nuisance or annoyance to the user and occupiers in the said Tower Building.
E. The Purchaser/s hereby agree/s and confirm/s that the Purchaser/s shall not carry out any modifications, additions, changes in the layout as well as in the internal planning of the flat. The Purchaser/s hereby agree/s and confirm/s that the Purchaser/s shall not be allowed to demolish walls, pillars, columns, RCC Structural, structural changes etc. or any part or portion thereof and shall use said flat and maintain the same in its original condition. In the event of the Purchaser/s committing any breach of this agreement, the Developers shall be entitled to terminate this agreement to take back possession of the said premises.
F. The Purchaser/s hereby agree/s and confirm/s that in the event of the Purchaser/s committing any such breach of the terms and conditions of the said agreement, in that event, the Purchaser/s shall be liable to pay liquidated damages to the Developers in the event of the Developers suffers any loss and damages with regard to their entire project of development. The Purchaser/s shall also be liable to pay damages at the rate of Rs. 1 lakh per day for committing any such violation of the terms and conditions of the agreement.
G. In the event of any penalty or damages levied by MMRDA and all other concerned authorities or by the Collector, Raigad against the Developers, the said amount will be payable by the Purchaser/s and it will be the responsibility of the Purchaser/s to bring the said flat in its original position so as to meet the requirements, orders and directions, which will be issued by MMRDA and by all other concerned authorities or by Collector, Raigad from time to time. The Purchaser/s hereby agree/s and confirm/s that he/she/they shall also ensure that any persons claiming through, by and/or under the Purchaser/s including his/her/their family members/representatives will not commit any default or violation of any of the aforesaid conditions more particularly making any structural changes in the said flat or any part or portion thereof.
H. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they while carrying out the internal interior decorations of the said flat will not make any structural changes and also will not destroy and/or make any changes in the elevation of the said building. The Purchaser/s hereby agree/s and confirm/s that the Developers have agreed to sell only a flat in the building being constructed by the Developers as mentioned above. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they shall not have any right with regard to the open spaces/land/lift/landing space area as well as the common passage and other areas of the building.
I. The Purchaser/s hereby agree/s and confirm/s that he/she/they and all other persons claiming through, by and/or under him/her/them will never commit any encroachment and/or trespass and will not use said common area as their exclusive ownership or right thereof and shall use said common area alongwith other flat purchasers. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they will not be entitled to raise any claim and right in the said open spaces/land/lift/landing space area as well as the common passage and other areas of the building.
Appears in 1 contract
Samples: Purchase Agreement
Additions and Alterations. A. In Landlord’s Consent. Tenant shall not, without the event prior written consent of Landlord, make any alterations, improvements or additions to the Premises. Landlord’s refusal to give said consent shall be conclusive, but shall not be unreasonably withheld, conditioned, or delayed. If Landlord consents to said alterations, improvements or additions, it may impose such reasonable conditions with respect thereto as Landlord deems appropriate, including without limitation, requiring Tenant to furnish Landlord with security for the payment of all costs to be incurred in connection with such work, insurance against liabilities which may arise out of such work, and plans and specifications plus permits necessary for such work. The work necessary to make any alterations, improvements or additions to the Premises shall be done at Tenant’s expense by employees of, or contractors hired by, Landlord except to the extent Landlord gives its prior written consent to Tenant’s hiring contractors. Tenant shall promptly pay to Landlord or to Tenant’s contractors, as the case may be, when due, the cost of all such work and of all decorating required by reason thereof. If such work is performed by Landlord, Tenant shall also pay td Landlord a management fee equal to [*] of the Society formed cost of such work. Upon completion of such work, Tenant shall deliver to Landlord, if payment is made directly to contractors, evidence of payment, contractor’s affidavits and registered before the sale full and disposal by the Developers final waivers of all the premises in the said Tower Building as also before the completion of the construction of additional structures and/or sale liens for labor, services or materials. If Tenant performs such work, Tenant shall defend and disposal of premises in the said Tower Building on the said Land, the powers and authority of the society or association so form of the Purchaser‟s in the said Tower Building hold Landlord and the Purchaser/s of other premises Land and Building harmless from all costs, damages, liens and expenses related to such work. All work done by Tenant or its contractors pursuant to Sections 8 and 9 shall be subject to the powers done in a first-class workmanlike manner, using only good grades of the Developers in materials and shall comply with all the matters concerning as also of the additional structures insurance requirements and all amenities pertaining to the same. In particular, the Developers shall have absolute authority applicable laws and control as regards any unsold premises ordinances and the sale thereofrules and regulations of governmental departments or agencies.
B. The Purchaser/s Landlord’s Ownership of Alterations, Improvements and Additions. At the termination of this Lease, whether by lapse of time or otherwise, all alterations, improvements and additions to the Premises, whether temporary or permanent in character, made or paid for by Landlord shall, without compensation to Tenant, become Landlord’s property at the termination of this Lease by lapse of time or otherwise and shall not at any time demolish or cause be relinquished to be done any additions or alterations of whatsoever nature in the said premises or any part thereof without obtaining prior written permission of the Developers. The Purchaser/s shall keep the said premises walls, partitions, walls, sewers, drains, pipes and appurtenances thereto Landlord in good condition, ordinary wear and tenantable repair and conditions and in particular the said Tower Building other than his/her/their premises. The Developers shall not permit the closing of the niche balconies or allow any alterations in the outside elevations and/or outside colour scheme of the premises to be allotted to him/her/themtear excepted.
C. After the possession of the said premises is handed over to the Purchaser/s, if any additions or alterations in or about or relating to the said Tower Building area required to be carried out by the Government, Local Authority or any other Statutory Authority, the same shall be carried out by the Purchaser/s of various premises in the said Tower Building at his/her/their own costs and the Developer shall not be in any manner liable or responsible for the same.
D. The Purchaser/s shall not do or permit to be done any act or thing which may render void or voidable insurance (if any) of any premises or any part of the said Tower Building or cause any increased premium to be payable in respect thereof or which may be likely to cause nuisance or annoyance to the user and occupiers in the said Tower Building.
E. The Purchaser/s hereby agree/s and confirm/s that the Purchaser/s shall not carry out any modifications, additions, changes in the layout as well as in the internal planning of the flat. The Purchaser/s hereby agree/s and confirm/s that the Purchaser/s shall not be allowed to demolish walls, pillars, columns, RCC Structural, structural changes etc. or any part or portion thereof and shall use said flat and maintain the same in its original condition. In the event of the Purchaser/s committing any breach of this agreement, the Developers shall be entitled to terminate this agreement to take back possession of the said premises.
F. The Purchaser/s hereby agree/s and confirm/s that in the event of the Purchaser/s committing any such breach of the terms and conditions of the said agreement, in that event, the Purchaser/s shall be liable to pay liquidated damages to the Developers in the event of the Developers suffers any loss and damages with regard to their entire project of development. The Purchaser/s shall also be liable to pay damages at the rate of Rs. 1 lakh per day for committing any such violation of the terms and conditions of the agreement.
G. In the event of any penalty or damages levied by MMRDA and all other concerned authorities or by the Collector, Raigad against the Developers, the said amount will be payable by the Purchaser/s and it will be the responsibility of the Purchaser/s to bring the said flat in its original position so as to meet the requirements, orders and directions, which will be issued by MMRDA and by all other concerned authorities or by Collector, Raigad from time to time. The Purchaser/s hereby agree/s and confirm/s that he/she/they shall also ensure that any persons claiming through, by and/or under the Purchaser/s including his/her/their family members/representatives will not commit any default or violation of any of the aforesaid conditions more particularly making any structural changes in the said flat or any part or portion thereof.
H. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they while carrying out the internal interior decorations of the said flat will not make any structural changes and also will not destroy and/or make any changes in the elevation of the said building. The Purchaser/s hereby agree/s and confirm/s that the Developers have agreed to sell only a flat in the building being constructed by the Developers as mentioned above. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they shall not have any right with regard to the open spaces/land/lift/landing space area as well as the common passage and other areas of the building.
I. The Purchaser/s hereby agree/s and confirm/s that he/she/they and all other persons claiming through, by and/or under him/her/them will never commit any encroachment and/or trespass and will not use said common area as their exclusive ownership or right thereof and shall use said common area alongwith other flat purchasers. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they will not be entitled to raise any claim and right in the said open spaces/land/lift/landing space area as well as the common passage and other areas of the building.
Appears in 1 contract
Samples: Lease Agreement (Acell Inc)
Additions and Alterations. A. In the event So long as no Event of the Society formed Default or Event of Facility Termination shall have occurred and registered before the sale be continuing beyond any applicable grace or curative period, Lessee may, at its expense, make additions to and disposal by the Developers of all the premises in the said Tower Building as also before alterations to any Facility following the completion of the initial construction of additional structures and/or sale and disposal such Facility; PROVIDED that upon completion of premises such additions or alterations (i) in Lessee's reasonable judgment, neither the said Tower Building on the said Land, the powers and authority fair market value of the society Facility shall be materially lessened thereby nor the condition of such Facility materially impaired, below the value, utility or association so form condition thereof immediately prior to such action (assuming such Facility was then of a condition and repair required to be maintained pursuant to SECTION 8.2), (ii) such additions or alternations shall not result in a change of use of such Facility to a use that is not permitted in this Lease, (iii) such work shall be completed in a good and workmanlike manner and in compliance with all applicable Insurance Requirements and upon completion of the Purchaser‟s work the Facility shall comply in all respects with the said Tower Building requirements of this Facilities Lease and any Ground Lease and (iv) no exterior walls of any building or other improvement constituting a part of a Facility shall be demolished unless Lessee has made adequate provision according to nationally recognized sound and prudent engineering and architectural standards to preserve and maintain the Purchaser/s structural integrity of other premises the Facility and for the restoration of such Facility to a structurally sound architectural whole; PROVIDED, that Lessee shall notify Brazos of such costs that are in excess of $500,000 for a Facility and shall not make such additions or alterations that cost more than $500,000 for each Facility and that such additions or alterations shall not result in any Lien (except Permitted Encumbrances) upon such Facility. Any and all such additions and alterations shall be and remain part of the Facility and shall be subject to the powers of the Developers in all the matters concerning as also of the additional structures and all amenities pertaining to the same. In particular, the Developers shall have absolute authority and control as regards any unsold premises and the sale thereofthis Facilities Lease.
B. The Purchaser/s shall not at any time demolish or cause to be done any additions or alterations of whatsoever nature in the said premises or any part thereof without obtaining prior written permission of the Developers. The Purchaser/s shall keep the said premises walls, partitions, walls, sewers, drains, pipes and appurtenances thereto in good and tenantable repair and conditions and in particular the said Tower Building other than his/her/their premises. The Developers shall not permit the closing of the niche balconies or allow any alterations in the outside elevations and/or outside colour scheme of the premises to be allotted to him/her/them.
C. After the possession of the said premises is handed over to the Purchaser/s, if any additions or alterations in or about or relating to the said Tower Building area required to be carried out by the Government, Local Authority or any other Statutory Authority, the same shall be carried out by the Purchaser/s of various premises in the said Tower Building at his/her/their own costs and the Developer shall not be in any manner liable or responsible for the same.
D. The Purchaser/s shall not do or permit to be done any act or thing which may render void or voidable insurance (if any) of any premises or any part of the said Tower Building or cause any increased premium to be payable in respect thereof or which may be likely to cause nuisance or annoyance to the user and occupiers in the said Tower Building.
E. The Purchaser/s hereby agree/s and confirm/s that the Purchaser/s shall not carry out any modifications, additions, changes in the layout as well as in the internal planning of the flat. The Purchaser/s hereby agree/s and confirm/s that the Purchaser/s shall not be allowed to demolish walls, pillars, columns, RCC Structural, structural changes etc. or any part or portion thereof and shall use said flat and maintain the same in its original condition. In the event of the Purchaser/s committing any breach of this agreement, the Developers shall be entitled to terminate this agreement to take back possession of the said premises.
F. The Purchaser/s hereby agree/s and confirm/s that in the event of the Purchaser/s committing any such breach of the terms and conditions of the said agreement, in that event, the Purchaser/s shall be liable to pay liquidated damages to the Developers in the event of the Developers suffers any loss and damages with regard to their entire project of development. The Purchaser/s shall also be liable to pay damages at the rate of Rs. 1 lakh per day for committing any such violation of the terms and conditions of the agreement.
G. In the event of any penalty or damages levied by MMRDA and all other concerned authorities or by the Collector, Raigad against the Developers, the said amount will be payable by the Purchaser/s and it will be the responsibility of the Purchaser/s to bring the said flat in its original position so as to meet the requirements, orders and directions, which will be issued by MMRDA and by all other concerned authorities or by Collector, Raigad from time to time. The Purchaser/s hereby agree/s and confirm/s that he/she/they shall also ensure that any persons claiming through, by and/or under the Purchaser/s including his/her/their family members/representatives will not commit any default or violation of any of the aforesaid conditions more particularly making any structural changes in the said flat or any part or portion thereof.
H. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they while carrying out the internal interior decorations of the said flat will not make any structural changes and also will not destroy and/or make any changes in the elevation of the said building. The Purchaser/s hereby agree/s and confirm/s that the Developers have agreed to sell only a flat in the building being constructed by the Developers as mentioned above. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they shall not have any right with regard to the open spaces/land/lift/landing space area as well as the common passage and other areas of the building.
I. The Purchaser/s hereby agree/s and confirm/s that he/she/they and all other persons claiming through, by and/or under him/her/them will never commit any encroachment and/or trespass and will not use said common area as their exclusive ownership or right thereof and shall use said common area alongwith other flat purchasers. The Purchaser/s hereby agree/s, confirm/s and undertake/s to the Developers that he/she/they will not be entitled to raise any claim and right in the said open spaces/land/lift/landing space area as well as the common passage and other areas of the building.
Appears in 1 contract
Samples: Facilities Lease Agreement (Randalls Food Markets Inc)