CANCELLATION BY ALLOTTEE/S Sample Clauses

CANCELLATION BY ALLOTTEE/S. The Allottee/s shall have the right to cancel/with draw his 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 60(Sixty) days of such cancellation.
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CANCELLATION BY ALLOTTEE/S. The Allottee/s shall have the right to cancel/withdraw his 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 Developer, the Developer 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 Developer to the Allottee/s within 45 (forty five) days of such cancellation.
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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.
Sample 1
CANCELLATION BY ALLOTTEE/S. The Allottee/s shall have the right to cancel/withdraw their 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 shall be entitled to forfeit an amount equal to the Booking amount and shall refund the balance amount of money due and payable to the Allottees without interest within 45 days from the date of acceptance of the notice by the Promoter which was sent by Allottees requesting to cancel the said booking against execution of a registered cancellation agreement and any other documents as may be required.
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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 by Us If We cancel this Agreement, We shall mail to You written notice to Your last known address stating the reason and effective date for cancellation, at least five (5) days prior to cancellation. However, such prior notice shall not be required if We cancel for nonpayment of the Purchase Price, material misrepresentation by You to Us, or substantial breach of duties by You relating to the Covered Vehicle or its use.

  • Cancellation by You 5.1. If you wish to cancel your Booking for whatever reason, you must confirm in writing to us that. Your cancellation will come into effect on the date that we receive your written confirmation that your Booking has been cancelled. 5.2. If you cancel your Booking, the cancellation fees will include the total Scheduled Payments due to us for your Booking by the date of cancellation. You agree to pay us any Scheduled Payments that are due but unpaid at the point that you cancel your Booking. 5.3. In addition to the cancellation fees in clause 5.2, depending on the period of time between our receiving your written instruction to cancel your booking and the date of the event, you will owe the following cancellation fees: 5.3.1. £2,000 (excluding VAT) if we receive your written instruction to cancel less than 3 calendar months but more than 8 weeks before the date of the event, or; 5.3.2. the balance showing on the final catering invoice if we receive your written instruction to cancel at or less than 8 weeks before the date of the event and the final invoice has been issued. 5.4. Notwithstanding clauses 5.2 and 5.3 , if at any time we receive a replacement Booking for the cancelled date following cancellation by you, we will refund to you any Catering Fees and cancellation fees we have received from you, less the Cancellation Costs. 5.5. It is your responsibility to notify your Suppliers of any cancellation. Please note that notifying your Suppliers of a cancellation does not cancel your Booking. 5.6. Upon cancellation of your Booking, we will issue an invoice to you for any amounts due in accordance with this clause 5 which shall be payable within 14 days of the date of the invoice. Any subsequent refunds due to you pursuant to clause 5.4 will then be made within 14 days by us following completion of the event for a replacement Booking.

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