ALLOTMENT OF UNIT Sample Clauses

ALLOTMENT OF UNIT. 1.1 Developer agrees to allot the Unit to the Allottee, bearing no. located on floor admeasuring tentative super area of sq. ft. as per the tentative building plans (hereinafter referred to as the “said Unit‟) and Xxxxxxxx agrees to accept the allotment of Unit. The total agreed consideration for allotment of the Premises is Rs. /-(Rupees Only) works out at a sale price of Rs. /- (Rupees Only) per square feet (hereinafter referred to as the ‘Total Consideration’). The sale price is not inclusive of External Development Charges (EDC) and Infrastructure Development Charges (IDC) and Prime Location Charges, Interest Free Maintenance Security, Power Back up Charges, Service Tax and such other levies/cessess as may be imposed by any statutory authority in this regard and also such other charges as more particularly defined in “Space Buyer‟s Agreement”. The consideration amount is subject to increase/decrease on basis of variation in calculation of actual super area of the Unit which shall be determined finally at the time of Completion /offer of Possession of the Unit. The detailed terms and conditions of the allotment will be more particularly described in a separate document being “Space Buyer‟s Agreement” for the Premises and shall be executed between the Parties subsequently. A copy of the said Space Buyer‟s Agreement containing the terms and conditions of the Allotment of Unit was provided to the Allottee who has acknowledged and agreed to execute the same as and when required by the Company to do so.
Sample 1
AutoNDA by SimpleDocs
ALLOTMENT OF UNIT. 1.1 Developer agrees to allot the Unit to the Allottee, bearing no. located on floor admeasuring tentative super area of sq. ft. as per the tentative building S O D Q V K H U H L Q ) ˘aDnd AI lloWttee H U U H I agrees to accept the allotment of Unit. The total agreed consideration for allotment of the Premises is Rs. / -(Rupees Only) works out at a sale price of Rs. / - (Rupees Only) per square feet (hereinafter referred to as the ¶ 7 R W D O & R Q V L ThGe saHle prUice iDs Wnot LincRlusivQe of•External Development Charges (EDC) and Infrastructure Development Charges (IDC) and Prime Location Charges, Interest Free Maintenance Security, Power Back up Charges, Service Tax and such other levies/cessess as may be imposed by any statutory authority in this regard and also such other charges as more S D U W L F X O D U Os ˘ \ G H I L $ J U H H P H Q W 7 K H F R Q V L G increase/decrease on basis of variation in calculation of actual super area of the Unit which shall be determined finally at the time of Completion /offer of Possessi on of the Unit. The detailed terms and conditions of the allotment will be more S D U W L F X O D U O \ G H V F U L E H G Buyer ˘ V $ J U H H P H Q W I R U W K H between the Parties subsequently. A copy of the said Space Buyer s ˘Agreement containing the terms and conditions of the Allotment of Unit was provided to the Allottee who has acknowledged and agreed to execute the same as and when required by the Company to do so.
Sample 1

Related to ALLOTMENT OF UNIT

  • Allotment 1.1 The Council agrees to let and the Tenant agrees to take the Allotment Garden (‘the Allotment’) situated at Aston Xxxxxxx Xxxxxx Council Allotment Gardens and referenced as Allotment plot «Plot_Number_» and Footpath Number «Footpath_Number» and shared footpath number

  • Adjustment of Number of Common Shares and Exercise Price The subscription rights in effect under the Warrants for Common Shares issuable upon the exercise of the Warrants shall be subject to adjustment from time to time as follows:

  • Initial Exercise Price; Exercise of Rights; Detachment of Rights (a) Subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time, to purchase, for the Exercise Price, or its U.S. Dollar Equivalent as at the Business Day immediately preceding the day of exercise of the Right, one Common Share. Notwithstanding any other provision of this Agreement, any Rights held by the Corporation or any of its Subsidiaries shall be void.

  • Layoff Unit The layoff unit may be at an organizational level of the University, such as a campus, division, college/unit, school, department/unit, area, program, or other level of organization as the University deems appropriate.

  • Public Offering The Company is advised by you that the Underwriters propose to make a public offering of their respective portions of the Securities as soon after the Registration Statement and this Agreement have become effective as in your judgment is advisable. The Company is further advised by you that the Securities are to be offered to the public upon the terms set forth in the Prospectus.

  • Put Option The Company hereby grants to Lender an option (the “Put Option”) to sell all or any portion of the Issued Shares (the “Put Shares”) to the Company for a total purchase price of $195,000, pro-rated for any portion thereof (the “Put Price”). The Put Option may be exercised with respect to any amount that is equal to or less than the entire balance of the outstanding Put Shares, at any time during the earlier to occur of the following Put Option exercise periods (the “Put Period”): (a) the ten (10) Business Day period commencing on the first anniversary hereof, or (b) the ten (10) Business Day period commencing on the date which is nine (9) months after the date that the registration statement for the registration of the Issued Shares is declared effective by the SEC . If not exercised during the Put Period, the Put Option shall terminate and shall be of no further force or effect. The Put Option shall be exercisable by Lender’s delivery of written notice to the Company (the “Put Notice”). The Put Notice shall specify the date on which the closing of the purchase of the Put Shares shall take place (the “Put Closing Date”), which such date shall be no earlier than ten (10) days but no later than thirty (30) days from the date of the Put Notice. On or before the Put Closing Date, Lender will deliver to the Company the certificate(s) representing the Put Shares (duly endorsed for transfer by Lender or accompanied by duly executed stock powers in blank) and the Company shall tender to Lender the Put Price in cash by wire transfer of immediately available funds to an account at a bank designated by Lender. The Company and Lender acknowledge and agree that the Company’s obligation to purchase the Issued Shares from Lender pursuant to the Put Option is an Obligation secured by the Collateral and any related guarantees under the Loan Documents, and for so long as the Put Option is outstanding and, if exercised, the Put Price is not yet tendered, the Lender’s right to receive the Put Price shall be secured by the Collateral and any related guarantees under the Loan Documents. Lender’s right to exercise the Put Option shall not be transferred or assigned to any third party.

  • Purchase and Sale of Shares 2.1.1. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall sell, transfer and deliver to Buyer, free and clear of all Liens (other than Liens under the Securities Act and any other applicable state or foreign securities Laws), and Buyer shall purchase from Seller, all right, title and interest in and to the Shares.

  • Grant of Option The Corporation hereby grants to Optionee, as of the Grant Date, an option to purchase up to the number of Option Shares specified in the Grant Notice. The Option Shares shall be purchasable from time to time during the option term specified in Paragraph 2 at the Exercise Price.

  • Call Option The Company shall have the option to "call" the Warrants (the "Warrant Call"), in accordance with and governed by the following:

  • Termination of Registration Rights The right of any Holder to request registration or inclusion of Registrable Securities in any registration pursuant to Subsections 2.1 or 2.2 shall terminate upon the earliest to occur of:

Time is Money Join Law Insider Premium to draft better contracts faster.