Cancellation by Allottee-(s) Sample Clauses

Cancellation by Allottee-(s). The Allottee(s) shall have the right to cancel/ withdraw his/her/its allotment in the Project as provided in the Act:. Provided that where the Allottee(s) proposes to cancel/withdraw from the Project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount paid for the allotment. The balance amount of money paid by the Allottee(s) shall be returned by the Promoter to the Allottee(s) within forty-five days of such cancellation.
AutoNDA by SimpleDocs
Cancellation by Allottee-(s). The Allottee/s shall have the right to cancel/withdraw his allotment in the Project asprovidedintheAct: Provided that where the Allottee/s proposes to cancel/withdraw from the project without any fault of the Vendors/Promoter,the Vendors/Promoter herein is entitled to forfeit the booking amount paid for the allotment. The balance amount of moneypaidbytheAllottee/sshallbereturnedbytheVendors/Promoter totheAllottee/swithin45daysofsuchcancellation.

Related to Cancellation by Allottee-(s)

  • Cancellation by Allottee The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the allottee proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking amount paid for the allotment. The balance amount of money paid by the allottee shall be returned by the promoter to the allottee within 45 days of such cancellation.

  • Cancellation Clause Your insurance contract may include a cancellation clause giving you the right to cancel your policy. If you decide to cancel your policy in accordance with any timeframes stipulated in your policy, and subject to not having made or intimated a claim, you may be entitled to a refund of premium paid. Please note our commission and, where appropriate fees, are fully earned from the date the policy commences and will not be refundable. If you fail to pay your premium to us by the due date, we reserve the right to instruct insurers to cancel your policy.

  • BY ALLOTTEE The Allottee is entering into this Agreement for the allotment of a [Apartment/Plot] with the full knowledge of all laws, rules, regulations, notifications applicable to the Project in general and this project in particular. That the Allottee hereby undertakes that he/she shall comply with and carry out, from time to time after he/she has taken over for occupation and use the said [Apartment/Plot], all the requirements, requisitions, demands and repairs which are required by any competent Authority in respect of the [Apartment/Plot]/ at his/ her own cost.

  • Termination by Us We may terminate this Contract with 30 days’ written notice as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!