Common use of BUILDING EFFECT Clause in Contracts

BUILDING EFFECT. Forwarding this Agreement to the Allottee(s) by the Promoter does not create a binding obligation on the part of the Promoter or the Allottee(s) until, firstly, the Allottee(s) signs and delivers this Agreement with all the Schedules along with the payments due as stipulated in this payment plan within thirty days from the date of receipt by the Allottee(s) and secondly, appears for registration of the same before the concerned Sub-Registrar ---------------- (address of Sub-Registrar) as and when intimated by the Promoter. If the Allottee(s) fails to execute and deliver to the Promoter this Agreement within 30 (thirty) days from the date of its receipt by the Allottee(s) and/or appear before the Sub-Registrar for its registration as and when intimated by the Promoter, then the Promoter shall serve a notice to the Allottee(s) for rectifying the default, which if not rectified within 30 (thirty) days from the date of its receipt by the Allottee(s), application of the Allottee shall be treated as cancelled and all sums deposited by the Allottee(s) in connection therewith including the booking amount shall be returned to the Allottee(s) without any interest or compensation whatsoever.

BUILDING EFFECT. Forwarding this Agreement to the Allottee(s) Allottee by the Promoter does not create a binding obligation on the part of the Promoter or the Allottee(s) Allottee until, firstly, the Allottee(s) Allottee signs and delivers this Agreement with all the Schedules schedules along with the payments due as stipulated in this payment plan the Payment Plan within thirty days from the date of receipt by the Allottee(s) Allottee and secondly, appears for registration of the same before the concerned Sub-Registrar ---------------- (address of Sub-Registrar) Register as and when intimated by the Promoter. If the Allottee(s) fails to execute and deliver to the Promoter this Agreement agreement within 30 (thirty) thirty days from the date of its receipt by the Allottee(s) Allottee and/or appear before the Sub-Registrar for its registration as and when intimated by the Promoter, then the Promoter he promoter shall serve a notice to the Allottee(s) Allottee for rectifying the default, which if not rectified within 30 (thirty) thirty days from the date of its receipt by the Allottee(s)Allottee, application of the Allottee shall be treated as cancelled and all sums deposited by the Allottee(s) Allottee in connection therewith including the booking amount shall be returned to the Allottee(s) Allottee without any interest or compensation whatsoever.

BUILDING EFFECT. Forwarding this Agreement to the Allottee(s) Allottee by the Promoter does not create a binding obligation on the part of the Promoter or the Allottee(s) Allottee until, firstly, the Allottee(s) Allottee signs and delivers this Agreement with all the Schedules schedules along with the payments due as stipulated in this payment plan the Payment Plan within thirty 30 (thirty) days from the date of receipt by the Allottee(s) Allottee and secondly, appears for registration of the same before the concerned Sub-Registrar ---------------- (specify the address of Sub-the Sub- Registrar) as and when intimated by the Promoter. If the Allottee(s) fails to execute and deliver to the Promoter this Agreement within 30 (thirty) days from the date of its receipt by the Allottee(s) Allottee and/or appear before the Sub-Registrar for its registration as and when intimated by the Promoter, then the Promoter shall serve a notice to the Allottee(s) Allottee for rectifying the default, which if not rectified within 30 (thirty) days from the date of its receipt by the Allottee(s)Allottee, application of the Allottee shall be treated as cancelled and all sums deposited by the Allottee(s) Allottee in connection therewith including the booking amount shall be returned to the Allottee(s) Allottee without any interest or compensation whatsoever.

BUILDING EFFECT. Forwarding this Agreement to the Allottee(s) Allottee by the Promoter does not create a binding obligation on the part of the Promoter or the Allottee(s) Allottee until, firstly, the Allottee(s) Allottee signs and delivers this Agreement with all the Schedules schedules along with the payments due as stipulated in this payment plan the Payment Plan within thirty 30 (thirty) days from the date of receipt by the Allottee(s) Allottee and secondly, appears for registration of the same before the concerned Sub-Sub- Registrar ---------------- (specify the address of the Sub-Registrar) as and when intimated by the Promoter. If the Allottee(s) fails to execute and deliver to the Promoter this Agreement within 30 (thirty) days from the date of its receipt by the Allottee(s) Allottee and/or appear before the Sub-Registrar for its registration as and when intimated by the Promoter, then the Promoter shall serve a notice to the Allottee(s) Allottee for rectifying the default, which if not rectified within 30 (thirty) days from the date of its receipt by the Allottee(s)Allottee, application of the Allottee shall be treated as cancelled and all sums deposited by the Allottee(s) Allottee in connection therewith including the booking amount shall be returned to the Allottee(s) Allottee without any interest or compensation whatsoever.

BUILDING EFFECT. Forwarding this Agreement to the Allottee(s) Allottee by the Promoter does not create a binding obligation on the part of the Promoter or the Allottee(s) Allottee until, firstly, the Allottee(s) Allottee signs and delivers this Agreement with all the Schedules schedules along with the payments due as stipulated in this payment plan the Payment Plan within thirty 30 (thirty) days from the date of receipt by the Allottee(s) Allottee and secondly, appears for registration of the same before the concerned Sub-Registrar ---------------- (specify the address of the Sub-Registrar) as and when intimated by the Promoter. If the Allottee(s) fails to execute and deliver to the Promoter this Agreement within 30 (thirty) days from the date of its receipt by the Allottee(s) Allottee and/or appear before the Sub-Registrar for its registration as and when intimated by the Promoter, then the Promoter shall serve a notice to the Allottee(s) Allottee for rectifying the default, which if not rectified within 30 (thirty) days from the date of its receipt by the Allottee(s)Allottee, application of the Allottee shall be treated as cancelled and all sums deposited by the Allottee(s) Allottee in connection therewith including the booking amount shall be returned to the Allottee(s) Allottee without any interest or compensation whatsoever.