Common use of Car Parking Areas Clause in Contracts

Car Parking Areas. The Project contains open, covered, basement and mechanical parking spaces as per sanctioned plans. In addition, the Project also contain open spaces which do not form a part of the Common Areas but which can be used for parking (hereinafter referred to as “Open Parking Areas”). For a regulated and disciplined use of these spaces, the Promoter has reserved the right to allot parking rights in these Open Parking Areas to (i) those Allottees who need the same and apply for the same with preference being given by the Promoter to those Allottees who do not otherwise have any parking space in the Project and (ii) for parking by the guest and/or visitors of the co-owners of the Project with prior written permission of the Maintenance In-charge. The Allottee agrees and undertakes neither to raise any dispute or objection in respect of the allotment of parking made by the Promoter in respect of the Open Parking Areas to any other allottees nor to disturb the use of the allotted parking space by the concerned allottee. The Allottee shall not have any Parking Facility until he makes full and final payment of all sums due from him in terms of this Agreement and until the Allottee remains in default in complying with his obligations under this Agreement.

Appears in 2 contracts

Samples: Sale Agreement, Sale Agreement

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Car Parking Areas. The Project contains open, covered, basement and mechanical parking spaces as per sanctioned plans. In addition, the Project also contain open spaces which do not form a part of the Common Areas but which can be used for parking (hereinafter referred to as “Open Parking Areas”). For a regulated and disciplined use of these spaces, the Promoter has reserved the right to allot parking rights in these Open Parking Areas to (i) those Allottees who need the same and apply for the same with preference being given by the Promoter to those Allottees who do not otherwise have any parking space in the Project and (ii) for parking by the guest and/or visitors of the co-owners of the Project with prior written permission of the Maintenance In-charge. The Allottee agrees and undertakes neither to raise any dispute or objection in respect of the allotment of parking made by the Promoter in respect of the Open Parking Areas to any other allottees nor to disturb the use of the allotted parking space by the concerned allottee. The Allottee shall not have any Parking Facility until he makes full and final payment of all sums due from him in terms of this Agreement and until the Allottee remains in default in complying with his obligations under this Agreement. The Promoter may allot parking facility in the Project to any allottee of First Phase and may allot parking facility in the First Phase to any allottee of the Project.

Appears in 1 contract

Samples: Sale Agreement

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Car Parking Areas. The Project contains open, covered, basement open and covered mechanical parking spaces as per sanctioned plans. In addition, the Project also contain open spaces which do not form a part of the Common Areas but which can be used for parking (hereinafter referred to as “Open Parking Areas”). For a regulated and disciplined use of these spaces, the Promoter has reserved the right to allot parking rights in these Open Parking Areas exclusively to (i) those Allottees who need the same and apply for the same with preference being given by the Promoter to those Allottees who do not otherwise have any parking space in the Project and (ii) for parking by the guest and/or visitors of the co-owners of the Project with prior written permission of the Maintenance In-chargeProject. The Allottee agrees and undertakes neither to raise any dispute or objection in respect of the allotment of parking made by the Promoter in respect of the Open Parking Areas to any other allottees nor to disturb the use of the allotted parking space by the concerned allottee. . 11.12.1.1 The Allottee shall not have any Parking Facility until he makes full and final payment of all sums due from him in terms of this Agreement and until the Allottee remains does not remain in default in complying with his obligations under this Agreement. 11.12.1.2 All unsold or unallotted parking spaces shall be identified/demarcated and retained by the Promoter for their disposal at the consideration and in the manner deemed fit and proper by the Promoter.

Appears in 1 contract

Samples: Sale Agreement

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