Allottees to Participate in Formation of Association Sample Clauses

Allottees to Participate in Formation of Association. The Allottees admit and accept that the Allottees and other intending allottees of apartments in the Said Project shall form the Association and the Allottees shall become a member thereof. The Allottees shall bear and pay the proportionate expenses of the Association and shall acquire and hold membership with voting rights and in this regard the Allottees shallsign, execute and deliver necessary applications and all other papers, declarations and documents as may berequired. Notwithstanding formation of the Association, the Facility Manager shall look after the maintenance of the Common Areas. Each apartment owner will be entitled to cast a vote irrespective of his/her/its size of Apartment. In this regard and notwithstanding anything to the contrary mentioned in thisAgreement it is made clear that the Promoter shall at its discretion have the liberty to form the Association after the entirety of the Project is completed and the Allottees shall not raise any objection in any manner whatsoever in connection with the aforesaid discretionary right of the Promoter.
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