Common use of Construction of the Project Clause in Contracts

Construction of the Project. 6.1 The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Unit and accepted the payment plan and the specifications, amenities and facilities (annexed along with this Agreement) which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye -­‐ laws, FAR and provisions prescribed by the Madhya Pradesh Law and shall not have an option to make any variation/alteration/modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement. 6.2 It is made clear by the Promoter and the Allottee agrees that the Unit shall be treated as a single indivisible unit for all purposes. 6.3 The PROMOTERS shall have the right to grant right of access/way and/or other easement rights from the said land for development of any property adjacent to this property and permit to use the common facilities of the township. The PROMOTERS and/or its nominees shall in all/any such event as mentioned above be also entitled to connect/ use the electrical lines, sanitary system, drainage connections, water supply systems including Bore xxxxx and other common amenities of the project. The Allottee and the member of the society/COMPANY shall also admit such new intending Allottees as its members. 6.4 AT its sole and absolute discretion, the PROMOTERS may start construction/ development/ renovations on any part of the said land/ project or on the land adjacent/ adjoin the project land, including wings thereof or may postpone such construction thereof. The Allottee under any circumstances shall not stop or take any steps to stop such construction on the ground of nuisance, disturbances, or for other reasons of any nature whatsoever. 6.5 NOTWITHSTANDING any other provisions of this allotment the PROMOTERS shall be entitled at its sole and absolute discretion: i. To form a separate/combined society, Company, limited ‘PROMOTERS’, condominium of unit or any other body or bodies of Allottee/s to be formed and constituted. ii. To decide and determine how and in what manner the infrastructure including the common utility areas such as gardens, open spaces, roads, STP if any plants, Power transmission equipment’s, lights etc. may be transferred and/or conveyed/assigned/leased. iii. To provide for and incorporate covenant, restriction and obligations with regard to the provision of maintaining the infrastructure and common amenities including garden and roads, if any. iv. To decide from time to time to what extent the township will be transferred to the respective body formed. v. To decide from time to time when and what type of documents of transfer if required should be executed.

Appears in 2 contracts

Samples: Sale Agreement, Sale Agreement

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Construction of the Project. 6.1 8.1. The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Unit Apartment and accepted the floor plan, payment plan and the specifications, amenities and facilities ([annexed along with this Agreement) ] which has been approved by the competent authority, as represented by the PromoterPromoter/ Developer. The Promoter Promoter/ Developer shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject , subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye -­‐ laws, FAR and provisions prescribed by the Madhya Pradesh Law and Promoter/ Developer 8.2. The Allottee /Purchaser shall not have an option in any manner cause obstruction and/or hindrance to make the construction and the development of the Project. If due to the default of the Allottee /Purchaser the DEVELOPER is restrained from carrying out the construction/ development or is restrained from transferring or disposing of the Apartment(s)/ Unit(s), then save as except the other rights of the DEVELOPER, the Allottee /Purchaser shall be liable to compensate and indemnify the DEVELOPER for all such loss, damage, cost claims etc. that may be suffer or incurred. 8.3. No structural changes/ modifications are permitted. The Allottee /Purchaser shall not do or cause to be done any variation/alteration/such things or works, which brings about structural changes/ modification in such plans, other than in the manner provided under the Act, and breach Unit(s). 8.4. The work of this term by the Promoter shall constitute a material breach construction of the Agreement. 6.2 It is made clear by the Promoter and the Allottee agrees that the Unit project shall be treated as a single indivisible unit for taken up in various phases and all purposes. 6.3 The PROMOTERS shall have the right to grant right of access/way and/or other easement rights from the said land for development of any property adjacent to this property and permit to use the common facilities and/or amenities will be provided progressively. The facilities/ amenities which are common for the entire project will be provided only upon completion of the townshipentire project. 8.5. The PROMOTERS Internal electrical wiring for the units shall be provided by the DEVELOPER, however the Allottee /Purchaser shall have to apply to the concerned Authority for obtaining supply of power and a separate meter for their allotted unit. The Security Deposit and/or its nominees the charges to be paid for such electricity shall in all/any such event as mentioned above be also entitled paid by the Allottee /Purchaser to connect/ use the electrical lines, sanitary system, drainage connections, water supply systems including Bore xxxxx and other common amenities concerned Authority. 8.6. The Apartment is provided by the Promoter/ Developer on semi-finished condition. The details of the project. The Allottee and the member of the society/COMPANY shall also admit such new intending Allottees as its members. 6.4 AT its sole and absolute discretionfixtures, the PROMOTERS may start construction/ development/ renovations on any part of the said land/ project or on the land adjacent/ adjoin the project land, including wings thereof or may postpone such construction thereof. The Allottee under any circumstances shall not stop or take any steps to stop such construction on the ground of nuisance, disturbances, or for other reasons of any nature whatsoever. 6.5 NOTWITHSTANDING any other provisions of this allotment the PROMOTERS shall be entitled at its sole and absolute discretion: i. To form a separate/combined society, Company, limited ‘PROMOTERS’, condominium of unit or any other body or bodies of Allottee/s fittings amenities to be formed provided by the Promoter/ Schedule- D and constitutedSchedule-E hereto. ii. To decide and determine how and in what manner the infrastructure including the common utility areas such as gardens, open spaces, roads, STP if any plants, Power transmission equipment’s, lights etc. may be transferred and/or conveyed/assigned/leased. iii. To provide for and incorporate covenant, restriction and obligations with regard to the provision of maintaining the infrastructure and common amenities including garden and roads, if any. iv. To decide from time to time to what extent the township will be transferred to the respective body formed. v. To decide from time to time when and what type of documents of transfer if required should be executed.

Appears in 1 contract

Samples: Sub Lease Agreement

Construction of the Project. 6.1 The Allottee has seen (a) In order to receive the proposed layout planfinancial benefits provided for in this Agreement, specifications, amenities and facilities Thorntons must submit applicable permit applications for the construction of the Unit Redevelopment Project no later than one year after the approval of the Preliminary/Final Plan and accepted complete the payment plan and the specifications, amenities and facilities (annexed along with this Agreement) which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project same in accordance with the said layout plansland use approvals described in Section 3.02 and all applicable codes, specificationsordinances, amenities rules, and facilities. Subject to regulations of the terms City, and all required public improvements, if any, shall be constructed and installed in this Agreement, the Promoter undertakes to strictly abide by such accordance with engineering plans approved by the competent Authorities and shall also strictly abide by the bye -­‐ laws, FAR and provisions prescribed by the Madhya Pradesh Law and City. Xxxxxxxxx shall not knowingly cause or permit the existence of any violation of City ordinances, including but not limited to the Building Code, Zoning Ordinance, Fire Code and all rules and regulations thereunder on any portion of the Property which it owns or controls; provided, however, that Thorntons shall be deemed to have an option to make any variation/alteration/modification in such plans, other than satisfied this condition in the manner provided under event it shall have remedied any noncompliance with the Actforegoing codes, ordinances, rules and regulations within the sixty (60) day cure period following its receipt of notice of noncompliance as set forth in Section 7.04 hereof. (b) Thorntons shall secure and maintain or cause its subcontractors to secure and maintain all other necessary approvals and permits, as and when necessary, to undertake the redevelopment of the Subject Property and all such work related to the redevelopment of the Subject Property shall comply with all applicable City ordinances and codes and laws and regulations of other government bodies. Thorntons shall not cause or permit any deviation from City-approved engineering and construction plans and specifications without the City’s prior consent or as may be otherwise permitted by zoning ordinances. Xxxxxxxxx shall remain current on all fees, costs, and breach other expenses due to the City during the term of this term by the Promoter shall constitute a material breach of the Agreement. 6.2 It (c) Xxxxxxxxx acknowledges that limited environmental clean-up or remediation of the Subject Property may be required, and that Xxxxxxxx shall be solely responsible for any clean up or remediation that is made clear required by the Promoter IEPA or other regulatory agency. (d) Xxxxxxxxx shall not enter into any transaction that would materially and adversely affect its ability to perform its obligations hereunder or to repay any material liabilities or perform any material obligations of Thorntons to any other person or entity. Developer shall immediately notify the Allottee City of any and all events or actions which may materially affect Xxxxxxxxx’ ability to carry on its business operations or perform its obligations under this Agreement or any other documents and agreements. (e) Thorntons for itself and its successors and assigns agrees that in the Unit shall be treated as a single indivisible unit for all purposes. 6.3 The PROMOTERS shall have the right to grant right of access/way and/or other easement rights from the said land for development of any property adjacent to this property and permit to use the common facilities construction of the township. The PROMOTERS and/or its nominees shall in all/any such event as mentioned above be also entitled to connect/ use the electrical lines, sanitary system, drainage connections, water supply systems including Bore xxxxx and other common amenities of the project. The Allottee and the member of the society/COMPANY shall also admit such new intending Allottees as its members. 6.4 AT its sole and absolute discretion, the PROMOTERS may start construction/ development/ renovations on any part of the said land/ project or improvements on the land adjacent/ adjoin the project land, including wings thereof or may postpone such construction thereof. The Allottee under any circumstances Subject Property provided for in this Agreement Xxxxxxxxx shall not stop discriminate against any employee or take any steps to stop such construction on the ground applicant for employment because of nuisancerace, disturbancescolor, religion, sex, or national origin. Xxxxxxxxx shall take affirmative action to require that applicants are employed and that employees are treated during employment, without regard to their race, creed, color, religion, sex, or national origin. Xxxxxxxxx agrees to post in conspicuous places, available to employees and applicants for other reasons of any nature whatsoever. 6.5 NOTWITHSTANDING any other employment, notices, which may be provided by the City, setting forth the provisions of this allotment nondiscrimination clause. (f) Thorntons shall exercise its own due diligence to determine whether or not the PROMOTERS Illinois Prevailing Wage Act (820 ILCS 130/0.01, et seq.) is applicable to the Redevelopment Project, or components thereof. To the extent applicable, Thorntons shall comply with the Illinois Prevailing Wage Act (820 ILCS 130/0.01 et seq.) such that not less than the prevailing rate of wages as established by Department of Labor applicable in Will County or determined by the court on review shall be entitled at its sole paid to all laborers, workers and absolute discretion: i. To form a separate/combined society, Company, limited ‘PROMOTERS’, condominium of unit mechanics performing work under this Agreement or any other body construction contracts entered into by Xxxxxxxxx in connection with the Redevelopment Project. Thorntons shall include in bids or bodies of Allottee/s requests for proposals to be formed and constituted. iicontractors the cost for the current prevailing wage. To decide the extent that there are any violations of the Prevailing Wage Act and determine how any demands are made upon the City, Xxxxxxxxx shall be responsible for indemnifying and in what manner holding the infrastructure including City and all City elected or appointed officials officers, employees, agents, consultants, and attorneys (collectively the common utility areas such as gardens“Indemnified Parties”), open spaces, roads, STP if harmless from any plants, Power transmission equipment’s, lights etc. and all claims that may be transferred asserted against the Indemnified Parties or one or more of them, in connection with the applicability, determination, and/or conveyed/assigned/leased. iiipayments made under the Illinois Prevailing Wage Act, the Illinois Procurement Code, and/or any similar State or Federal law or regulation and all costs incurred, directly or indirectly, by the City in responding to and complying with demands made by the Department of Labor, or an aggrieved employee. To provide for In addition, Xxxxxxxxx agrees to indemnify and incorporate covenant, restriction hold harmless the City from any claim and obligations with regard costs asserted against the City arising from the Project and/or this Agreement or any challenge to the provision eligibility of maintaining the infrastructure and common amenities including garden and roads, if any. iv. To decide from time project costs reimbursed to time to what extent the township will be transferred Xxxxxxxxx hereunder except to the respective body formedextent such claim and costs arise from the willful and wanton acts or omissions of the willful and wanton acts or omissions of the City Parties (as such term is hereinafter defined). v. To decide from time to time when and what type of documents of transfer if required should be executed.

Appears in 1 contract

Samples: Municipal Motor Fuel Tax Revenue Sharing Agreement

Construction of the Project. 6.1 The Allottee has seen (a) Before the proposed layout planCompliance Date, specifications, amenities and facilities the Developer shall successfully demonstrate LW¶V FDSDELOLW\ WR FRPSOHWH WKH FRQVWU 32 Dwelling Units on pilot basis to the satisfaction of DMA on the Project site provided by DMA. Subsequent to successful demonstration of the Unit and accepted pilot Works, within 30 (thirty) days of approval by DMA the payment plan Developer shall commence Works in other Project Site(s) and the specificationsDeveloper shall adhere to Project Implementation Schedule as provided in the Schedule 5. (b) The Developer shall construct, amenities install and facilities (annexed along with this Agreement) which has been approved by establish the competent authorityProject, as represented by including the Promoter. The Promoter shall develop the Project basic and detailed engineering, design, completion, testing and commissioning in accordance with the said layout plansprovisions of this Agreement, including the Approved DPR, Project Implementation Schedule, the Scope of Work, the Developmental Standards, Applicable Laws, terms of Clearances and Good Industry Practice and after obtaining, as applicable, the sanction to the building plan, with necessary designs, plans and specifications from the proper municipal or other authority, at its own expenses. (c) The Developer shall arrange the power, water and other utilities as may be required for execution and implementation of the Construction Works at its cost and expense. (d) The Developer shall be responsible for the design and programming of the Construction Works and for the accuracy and completeness of the information used for such design and programming in accordance with the requirements established in the Developmental Standards. The Developer shall be responsible for any discrepancies, errors or omissions in the data, specifications, amenities drawings and facilities. Subject other technical documents that it has prepared or procured, whether the same have been approved, deemed to be approved or not approved by DMA or any Competent Authority. (e) The Developer shall ensure that all contract(s) and arrangement(s) entered into in relation to the terms Construction Works shall (to the extent such provisions can be reasonably obtained in the market concerned) include provisions whereby the relevant Subcontractor warrants that each part of such works carried out there under shall be fit for its purpose and free from all defects in design, workmanship and materials. (f) The Developer shall ensure that the Works shall comprise only materials, goods and workmanship which are of sound quality and which have been manufactured and prepared in accordance or are in conformity, as the case may be, with the Developmental Standards and Good Industry Practice and that each part of the Works shall be fit for the purpose for which it is required as stated in or as may be reasonably inferred from the such plans. (g) The Developer shall ensure that in fulfilling its obligations hereunder it shall procure, as required, the appropriate proprietary rights, licenses, agreements and permissions for the designs, software, materials, methods, processes and systems used or incorporated into the Works undertaken by it and indemnify and keep indemnified DMA and its advisors and consultants against all costs, damages, liabilities or consequences arising out of any breach by the Developer in this Agreementbehalf. (h) In the execution of the Construction Works, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities Developer shall procure coordination amongst and shall also strictly abide by the bye -­‐ laws, FAR and provisions prescribed by the Madhya Pradesh Law and shall not have an option to make any variation/alteration/modification in such plans, other than avoidance of conflicts in the manner provided working of the Subcontractors, including all types of suppliers, agents and consultants. The Developer shall monitor and supervise the activities of the Subcontractors, retained by it to fulfill its obligations hereunder, under the Actterms of their respective agreements. (i) The Developer shall carry out or cause to be carried out the Construction Works with the skill, care and breach diligence to be expected of appropriately qualified and experienced professional designers, engineers and contractors with experience of work similar in scope and nature to that required under this term by Agreement. The Developer shall design, engineer and execute the Promoter shall constitute a material breach construction and implementation of the AgreementWorks using the best design and engineering principles and practices. 6.2 It is made clear by (j) The Developer shall at its responsibility arrange for materials such as bricks, cement, steel, aggregates, soil, bituminous and asphalt materials, chemicals, consumables and any other materials used in undertaking the Promoter Works, as well as equipment, machinery, tools and the Allottee agrees that the Unit ancillary materials such as shuttering and scaffolding, bearings, joint fillers and similar materials. The Developer shall be treated as a single indivisible unit make arrangements for transport, loading and unloading, stacking and proper storage (including making sheds) for all purposes. 6.3 materials and equipment. The PROMOTERS Independent Engineer shall have the right to grant right inspect and check the quality and quantity of access/way and/or the materials and equipment and their storage in compliance with the terms of this Agreement. (k) The Developer shall be solely and exclusively responsible for the recruitment, transportation, accommodation, catering, payment of the salaries, wages and other easement rights payments and costs incidental thereto, health, hygiene, safety etc. and all taxes, charges, levies, duties payable under Applicable Laws arising from the said respective terms and conditions of employment of all labor and personnel employed on or connected with the Project, Works or the Site under or through whatever legal relationship. (l) The Developer shall ensure that at all times during the Construction Period for Project, a resident general manager, notified in writing and acceptable to DMA, having appropriate experience in like works shall remain in residence at Project Site, and take charge of and monitor, oversee and ensure the construction of the Works, as notified in writing to DMA WKDHevelo³per{V LQ VXFK UHSUHVHQWDWLYH¶V SODDFMHA. ZLWK WKH (m) During the Construction Period for Project, the Developer shall organise on the Site and be responsible for support activities including safety precautions, fire protection, security, transportation, delivery of goods, materials, plant and equipment, control of pollution, maintenance of competent personnel and labour and industrial relations and general site services including, without limitation, access to and on the Site and shall be liable for the safe storage and handling of and removal from the Site of all toxic and hazardous materials and substances. (n) The Developer shall make its own arrangements at its cost for quarrying, if necessary, and observe and fulfill the environmental and other requirements under the Applicable Laws and Clearances. The Developer shall also remove and shift the utilities and structures at, on or under the Site at its cost and expense. (o) The Developer shall confine its activities to the Site and to any additional areas arranged by the Developer at its cost and not encroach upon, damage or degrade adjacent land and be liable for development all costs and consequences for its failure to do so. (p) The Developer shall promptly remove from the Site in accordance with Good Industry Practice all surplus construction machinery and materials, waste materials (including, without limitation, hazardous materials, all types of any property adjacent solid and liquid waste), rubbish and other debris, and keep the Site in a neat and clean condition and in conformity with the Applicable Laws and Clearances. (q) The Developer shall within 30 (thirty) days of Construction Completion for the site, clear the Site of all temporary structures, labour camps, site offices, utility lines and surplus or unused materials, plant, equipment or tools, etc. (r) The Developer shall give priority to this safety in its construction and planning activities in order to protect life, health, property and permit to use environment. (s) For the common facilities purposes of determining that the construction of the townshipProject is being undertaken in accordance with Developmental Standards and Good Industry Practice and for quality assurance, the Developer shall carry out such tests at such time and frequency and in such manner as may be required by DMA or as may be necessary in accordance with Good Industry Practice. The PROMOTERS and/or its nominees Developer shall with due diligence carry out all such tests in all/any such event as mentioned above be also entitled to connect/ use accordance with the electrical lines, sanitary system, drainage connections, water supply systems including Bore xxxxx instructions and other common amenities under the supervision of the projectIndependent Engineer. The Allottee and the member of the society/COMPANY Developer shall also admit promptly carry out such new intending Allottees remedial measures as its members. 6.4 AT its sole and absolute discretion, the PROMOTERS may start construction/ development/ renovations on any part of the said land/ project or on the land adjacent/ adjoin the project land, including wings thereof or may postpone such construction thereof. The Allottee under any circumstances shall not stop or take any steps to stop such construction on the ground of nuisance, disturbances, or for other reasons of any nature whatsoever. 6.5 NOTWITHSTANDING any other provisions of this allotment the PROMOTERS shall be entitled at its sole and absolute discretion: i. To form a separate/combined society, Company, limited ‘PROMOTERS’, condominium of unit or any other body or bodies of Allottee/s to be formed and constituted. ii. To decide and determine how and in what manner the infrastructure including the common utility areas such as gardens, open spaces, roads, STP if any plants, Power transmission equipment’s, lights etc. may be transferred and/or conveyed/assigned/leased. iii. To provide for and incorporate covenant, restriction and obligations with regard necessary to cure the provision of maintaining the infrastructure and common amenities including garden and roadsdefects or deficiencies, if any, indicated in such test results. The Developer shall promptly report to the Independent Engineer the remedial measures taken by it to cure the defects/deficiencies if any indicated in the test results. iv(t) If the Independent Engineer reasonably determines that the rate of progress of the construction of the Project is such that the Construction Completion is not feasible on or before the Scheduled Construction Completion Date, it shall so notify the Developer. To decide from time Thereupon, the Developer shall within 15 (fifteen) days thereof notify the Independent Engineer about the steps it proposes to time take to what extent expedite progress and the township will be transferred to the respective body formedperiod within which it shall achieve Construction Completion. v. To decide from (u) The Developer shall execute the Construction Works in accordance with the Project Implementation Schedule and achieve Construction Completion by the Scheduled Construction Completion Date, unless such time to time when and what type of documents of transfer if required should be executedhas been extended in accordance with provisions hereof.

Appears in 1 contract

Samples: Development Agreement

Construction of the Project. 6.1 The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Unit Plot and accepted the payment plan and the specifications, amenities and facilities (annexed along with this Agreement) which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye -­‐ - laws, FAR and provisions prescribed by the Madhya Pradesh Law and shall not have an option to make any variation/alteration/variation/ alteration/ modification in such plans, other than in the th e manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement. 6.2 It is made clear by the Promoter and the Allottee agrees that the Unit Plot shall be treated as a single indivisible unit for all purposespurp oses. 6.3 The PROMOTERS shall have the right to grant right of access/access/ way and/or and/ or other easement rights from the said land for development of any property adjacent to this property and permit to use the common facilities of the township. The PROMOTERS and/or its and/ or i ts nominees shall in all/all/ any such event as mentioned above be also entitled to connect/ use the electrical lines, sanitary system, drainage connections, water supply systems including Bore xxxxx and other common amenities of the project. The Allottee and the t he member of the society/society/ COMPANY shall also admit such new intending Allottees as its members. 6.4 AT its sole and absolute discretion, the PROMOTERS may start construction/ development/ renovations on any part of the said land/ project or on the land adjacent/ adjoin the project land, including wings thereof or may postpone such construction thereof. The Allottee under any circumstances shall not stop or take any steps to stop such construction on the ground of nuisance, disturbances, or for other reasons of any nature whatsoever. 6.5 NOTWITHSTANDING any other provisions of this allotment the PROMOTERS shall be entitled at its sole and absolute discretion: i. To form a separate/separate/ combined society, Company, limited ‘PROMOTERS’, condominium of unit or any other body or bodies bo dies of Allottee/Allottee/ s to be formed and constituted. ii. To decide and determine how and in what manner the infrastructure including the common utility areas such as gardens, open spaces, roads, STP if any plants, Power transmission equipment’s, lights etc. may be b e transferred and/or conveyed/assigned/and/ or conveyed/ assigned/ leased. iii. To provide for and incorporate covenant, restriction and obligations with regard to the provision of maintaining the infrastructure and common amenities including garden and roads, if any. iv. To decide from time to time to what extent the township will be transferred to the respective body formed. v. To decide from time to time when and what type of documents of transfer if required should be executed.

Appears in 1 contract

Samples: Agreement for Sale

Construction of the Project. 6.1 The Allottee has seen examined the proposed layout plan, specifications, amenities and facilities of the Unit unit as specified in Schedule A and accepted the payment plan and the specifications, amenities and facilities (annexed along with this Agreement) which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities government authorities and shall also strictly abide by the bye -­‐ - laws, FAR and provisions as may be prescribed by the Madhya Pradesh Law and shall not have an option to make any variation/alteration/modification in such plans, other than in the manner provided under the Act, and breach of this term by the applicable law. The Promoter shall constitute a material breach of the Agreement. 6.2 It is made clear by the Promoter and the Allottee agrees that the Unit shall be treated as a single indivisible unit for all purposes. 6.3 The PROMOTERS shall have the right to grant right of access/way and/or other easement rights from the said land for development of any property adjacent to this property and permit to use the common facilities of the township. The PROMOTERS Promoter and/or its nominees shall in all/any such event as mentioned above be also entitled to connect/ use the electrical lines, sanitary system, drainage connections, water supply systems including Bore xxxxx and other common amenities of the project. The Allottee and the member of the society/COMPANY Company shall also admit such new intending Allottees as its members. 6.4 . AT its sole and absolute discretion, the PROMOTERS Promoter may start construction/ development/ renovations on any part of the said land/ project or on the land adjacent/ adjoin the project land, including wings thereof or may postpone such construction thereof. The Allottee agrees that under any circumstances it shall not object or stop or take any steps to stop such construction on the ground of nuisance, disturbances, or for other reasons of any nature whatsoever. 6.5 . NOTWITHSTANDING any other provisions of this allotment the PROMOTERS Promoter shall be entitled at its sole and absolute discretion: i. : To form a separate/combined society, Company, limited ‘PROMOTERS’LLP, condominium of unit or any other body or bodies of Allottee/s Allottees to be formed and constituted. ii. i) To decide and determine how and in what manner the infrastructure including the common utility areas such as gardens, open spaces, roads, STP if any plants, Power transmission equipment’s, lights etc. may be transferred and/or conveyed/assigned/leased. iii. ii) To provide for and incorporate covenant, restriction and obligations with regard to the provision of maintaining the infrastructure and common amenities including garden and roadsamenities, if any. iv. iii) To decide from time to time to what extent the township project will be transferred to the respective body formed. v. iv) To decide from time to time when and what type of documents of transfer if required should be executed.

Appears in 1 contract

Samples: Sale Agreement

Construction of the Project. 6.1 8.1. The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Unit Apartment and accepted the floor plan, payment plan and the specifications, amenities and facilities ([annexed along with this Agreement) ] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject , subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye -­‐ bye-laws, FAR and density norms and provisions prescribed by the Madhya Pradesh Law laws of West Bengal and shall not have an option to make any variation/alterationvariation /alteration/modification in such plans, other than in the manner provided under provided 8.2. No structural changes/ modifications are permitted. The Allottee shall not do or cause to be done any such things or works, which brings about structural changes/ modification in the Act, and breach Apartment (s). 8.3. The work of this term by the Promoter shall constitute a material breach construction of the Agreement. 6.2 It is made clear by the Promoter and the Allottee agrees that the Unit project shall be treated as a single indivisible unit for taken up in various phases and all purposes. 6.3 The PROMOTERS shall have the right to grant right of access/way and/or other easement rights from the said land for development of any property adjacent to this property and permit to use the common facilities and/or amenities will be provided progressively. The facilities/ amenities which are common for the entire project will be provided only upon completion of the townshipentire project. 8.4. The PROMOTERS and/or its nominees Internal electrical wiring for the Apartment(s) shall in all/any such event as mentioned above be also entitled provided by the Promoter, however the Allottee shall have to connect/ use apply to the electrical lines, sanitary system, drainage connections, water concerned Authority for obtaining supply systems including Bore xxxxx of power and other common amenities of the projecta separate meter for their allotted Apartment(s) . The Allottee and Security Deposit and/or the member of the society/COMPANY shall also admit charges to be paid for such new intending Allottees as its members. 6.4 AT its sole and absolute discretion, the PROMOTERS may start construction/ development/ renovations on any part of the said land/ project or on the land adjacent/ adjoin the project land, including wings thereof or may postpone such construction thereof. The Allottee under any circumstances shall not stop or take any steps to stop such construction on the ground of nuisance, disturbances, or for other reasons of any nature whatsoever. 6.5 NOTWITHSTANDING any other provisions of this allotment the PROMOTERS electricity shall be entitled at its sole and absolute discretion: i. To form a separate/combined society, Company, limited ‘PROMOTERS’, condominium of unit or any other body or bodies of Allottee/s to be formed and constituted. ii. To decide and determine how and in what manner paid by the infrastructure including the common utility areas such as gardens, open spaces, roads, STP if any plants, Power transmission equipment’s, lights etc. may be transferred and/or conveyed/assigned/leased. iii. To provide for and incorporate covenant, restriction and obligations with regard Allottee to the provision of maintaining the infrastructure and common amenities including garden and roads, if anyconcerned Authority. iv. To decide from time to time to what extent the township will be transferred to the respective body formed. v. To decide from time to time when and what type of documents of transfer if required should be executed.

Appears in 1 contract

Samples: Sale Agreement

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Construction of the Project. 6.1 The Promoter have decided that the aggregate Ground Coverage/ FAR sanctioned for the entire Complex need not be uniformly utilized in all the different projects/phases and the Promoter may vary the utilization of the sanctioned Ground Coverage /FAR from phase to phase without exceeding the total sanctioned FAR for the entire Complex. 6.2 The Promoter has disclosed as proposed above his intention to use more FAR, if permissible to be utilized by him on the Project Land and/or Phase I and Allottee has agreed to acquire the Said Office Unit based on the proposed construction and transfer of Office units to be carried out by the Promoter by utilizing the additional FAR/construction, as permitted or allowed to stand upon payment of fees, penalty, etcby the appropriate authority and on the 6.3 The Allottee has seen the proposed layout plan, and has independently made himself aware about the specifications, amenities and facilities of the Unit and accepted the payment plan floor plan, Payment Plan and the specifications, amenities and facilities (annexed along with this Agreement) which has been approved by facilities, and the competent authorityAllottee is aware of the limitations, as represented by usage policies and maintenance of the Promoterinstalled items, fixtures and fittings. The Promoter shall develop the Project Project/Phase in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye -­‐ bye-laws, FAR and provisions prescribed by the Madhya Pradesh Law and shall not have an option to make any variation/alteration/variation / alteration / modification in such plansplans except rise in the floors , other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreementherein. 6.2 It is made clear by the Promoter and the 6.4 The Allottee agrees that the Promoter is entitled to and would be well within their right to undertake any further and/or additional construction in accordance with the plan which may be sanctioned by the concerned authorities mentioned in Clause 6.1 hereinabove without affecting the Office Unit shall be treated as a single indivisible unit for all purposesof the allottee. 6.3 6.5 The PROMOTERS shall have Allottee acknowledges that in the right to grant right event of access/way and/or other easement rights from such changes being undertaken 6.6 The Promoter has annexed herewith the said land authenticated Layout Plan for development the construction of any property adjacent to this property Buildings and permit to use the common facilities Common Areas of the township. project and so far as the Allottee’s Office unit is concerned undertakes to ultimately abide by the Unit Lay Out Plans as approved by the Local Authority. 6.7 The PROMOTERS and/or its nominees shall in all/any such event area as mentioned above be also entitled to connect/ use in the electrical lines, sanitary system, drainage connections, water supply systems including Bore xxxxx floor plan and/or otherwise published is tentative and other common amenities of approximate and except the project. The Allottee and the member of the society/COMPANY shall also admit such new intending Allottees as its members. 6.4 AT its sole and absolute discretion, the PROMOTERS may start construction/ development/ renovations on any part area of the said land/ project or on the land adjacent/ adjoin the project land, including wings thereof or may postpone such construction thereof. The Allottee under any circumstances shall not stop or take any steps to stop such construction on the ground of nuisance, disturbances, or for other reasons of any nature whatsoever. 6.5 NOTWITHSTANDING any other provisions of this allotment the PROMOTERS shall be entitled at its sole Unit and absolute discretion: i. To form a separate/combined society, Company, limited ‘PROMOTERS’, condominium of unit or any other body or bodies of Allottee/s to be formed and constituted. ii. To decide and determine how and in what manner the infrastructure including the common utility areas such as gardens, open spaces, roads, STP if any plants, Power transmission equipment’s, lights etc. may be transferred and/or conveyed/assigned/leased. iii. To provide for and incorporate covenant, restriction and obligations with regard to the provision of maintaining the infrastructure and common amenities including garden and roadscar parking space, if any. iv. To decide from time , hereby agreed to time to what extent be allotted, the township will be transferred to the respective body formed. v. To decide from time to time when and what type of documents of transfer if required should be executed.Owner/Vendor and/or the

Appears in 1 contract

Samples: Sub Lease Agreement

Construction of the Project. 6.1 The Allottee has seen 4.1 Landlord and Tenant shall, under separate contracts, engage the Contractor, and enter into such other arrangements as are appropriate, to cause the Base Building Improvements and Leasehold Improvements, respectively, to be timely constructed, installed and completed. Tenant shall furnish a copy of its proposed layout planconstruction contract with the Contractor, specificationsprior to its execution for Landlord’s review and approval, amenities which shall not be unreasonably withheld or delayed. It is contemplated that Tenant’s construction contract with the Contractor be consistent with the terms and facilities conditions set forth in Landlord’s contract with the Contractor, and due to the fact that the construction of the Unit Base Building Improvements and accepted Leasehold Improvements are to be performed contemporaneously in significant respects, the payment plan coordination of the construction process and the specifications, amenities and facilities (annexed along with this Agreement) which has been approved proper undertaking of responsibility by the competent authorityContractor on behalf of Landlord and Tenant is critically important. In furtherance of such coordination, Landlord shall furnish Tenant a copy of Landlord’s construction contract, and it is intended by the parties that Landlord’s construction contract shall serve as a guide for the preparation of Tenant’s construction contract. In the case of both Landlord’s and Tenant’s delivery of their respective construction contracts to the other, purely economic terms that a party may reasonably believe is appropriately confidential may be redacted. However, in no event shall the economic terms associated with the pricing of change orders be considered appropriately confidential, as represented under certain circumstances each party may be responsible for increases in cost incurred by the Promoterother party in connection with change orders. The Promoter If either Landlord or Tenant should elect to replace the Contractor to fulfill the responsibilities contemplated to be undertaken by the Contractor on behalf of such party, and the parties agree that such a replacement of the Contractor will not be implemented without good cause, the identity of the replacement shall develop be subject to the Project other party’s approval, which shall not be unreasonably withheld or delayed. Each of Landlord and Tenant agree to notify the other party in the event such party or the Contractor should seek to terminate, or terminates, a construction contract entered into by such party and the Contractor. 4.2 Landlord shall install, furnish and perform, as the case may be, with reasonable diligence and in a good and workmanlike manner and at its sole cost and expense (except as otherwise expressly provided herein to the contrary), the facilities, materials, labor, supplies and work required for the construction of the Base Building Improvements in accordance with the said layout plansBase Building Plans and Specs. 4.3 Tenant shall install, specificationsfurnish, amenities and facilities. Subject perform, as the case may be, with reasonable diligence and in a good and workmanlike manner and at its own cost and expense (except as otherwise expressly provided to the terms contrary herein) the facilities, materials, labor, supplies and work required for the construction of the Leasehold Improvements in this Agreementaccordance with the Tenant’s Final Plans and Specs or otherwise as approved by Landlord. The Leasehold Improvements shall commence to be constructed promptly following the Tenant Construction Readiness Date, and be constructed, installed and performed in accordance with the Rules and Regulations for Tenant Construction which are set forth as Schedule C6 and with any and all reasonable requirements of Landlord’s lender in connection with the loan documents, including without limitation, inspection procedures, funding payment procedures, and retainage. As construction of the Base Building Improvements and the Leasehold Improvements will, to a certain extent, be conducted contemporaneously, each of Landlord and Tenant expressly acknowledge that in conducting their respective work, due care must be exercised to avert interference in the conduct by the other party of its work, and each party covenants and agrees to exercise reasonable efforts to avert such interference. 4.4 All building permits, certificates of occupancy and other governmental approvals required to construct the Base Building Improvements shall be obtained by Landlord at Landlord’s sole cost and expense (except as expressly otherwise provided herein). All building permits, certificates of occupancy, and other governmental approvals required to construct the Leasehold Improvements and to occupy and operate Tenant’s business in the Premises shall be obtained by Tenant at Tenant’s sole cost and expense. 4.5 Landlord and Tenant agree to work together cooperatively so as to coordinate the management, administration, and scheduling of the Base Building Improvements and the Leasehold Improvements. Such cooperation shall include without limitation, regular meetings during the construction period with the Contractor, the Promoter undertakes attendance at such meetings to strictly abide by include authorized representatives of Landlord and Tenant’s Representative. Landlord and Tenant each agree that they shall respectively assure the availability of such plans approved by representatives at reasonable times after reasonable notice. For the competent Authorities and foregoing purposes, Landlord has initially designated Xxxxxxx Xxxxxxx as Landlord’s representative. 4.6 The Base Building Improvements shall also strictly abide by for all purposes hereof be deemed at the bye -­‐ laws, FAR and provisions prescribed by stage of completion sufficient to permit Landlord to establish that the Madhya Pradesh Law and shall not have an option to make any variation/alteration/modification “Tenant Construction Readiness Date” has occurred on such date as the Base Building Improvements are in such planscondition, other than in with floor slab concrete poured and fireproofing installed, that Tenant can reasonably commence construction of the manner provided under the Actmechanical, electrical, and breach of this term by the Promoter shall constitute a material breach plumbing rough-in portions of the AgreementLeasehold Improvements on at least two (2) contiguous floors of the Premises. Landlord shall diligently proceed with the construction of the Base Building Improvements and endeavor to achieve the stage of completion sufficient to permit Landlord to cause the Tenant Construction Readiness Date to occur (i) on or before July 5, 1998, for the 75 Xxxxxx Building; and (ii) on or before August 2, 1998 for the 45 Xxxxxx Building. 6.2 It is made clear by 4.7 Landlord and Tenant have jointly prepared a construction progress schedule (the Promoter “Construction Progress Schedule”) for construction and completion of the Allottee agrees Millennium Project, which specifies the material activities and events that will occur during each phase of the Millennium Project and sets forth key dates and certain aspects of construction that are anticipated to be substantially completed thereby in order that the Unit Millennium Project is timely completed. The Construction Progress Schedule will be updated mutually by Landlord and Tenant as necessary to reflect the then expectations of the parties including, without limitation, following the occurrence of circumstances reasonably anticipated to affect the progress of construction. The Construction Progress Schedule will indicate, without limitation, the anticipated Tenant Construction Readiness Date. No modification of the Construction Progress Schedule as hereinabove contemplated, or otherwise as permitted hereunder, shall necessarily result in a postponement of the Scheduled Rent Commencement Date or the Rent Commencement Date. The only circumstances resulting in a postponement of either of such dates shall be treated as a single indivisible unit for all purposes. 6.3 The PROMOTERS shall have the right to grant right of access/way and/or other easement rights from the said land for development of any property adjacent to this property and permit to use the common facilities circumstances contemplated in Section 2.5 of the township. The PROMOTERS and/or its nominees shall in all/any such event as mentioned above be also entitled to connect/ use the electrical lines, sanitary system, drainage connections, water supply systems including Bore xxxxx and other common amenities of the project. The Allottee and the member of the society/COMPANY shall also admit such new intending Allottees as its membersLease. 6.4 AT its sole and absolute discretion, the PROMOTERS may start construction/ development/ renovations on any part of the said land/ project or on the land adjacent/ adjoin the project land, including wings thereof or may postpone such construction thereof. The Allottee under any circumstances shall not stop or take any steps to stop such construction on the ground of nuisance, disturbances, or for other reasons of any nature whatsoever. 6.5 NOTWITHSTANDING any other provisions of this allotment the PROMOTERS shall be entitled at its sole and absolute discretion: i. To form a separate/combined society, Company, limited ‘PROMOTERS’, condominium of unit or any other body or bodies of Allottee/s to be formed and constituted. ii. To decide and determine how and in what manner the infrastructure including the common utility areas such as gardens, open spaces, roads, STP if any plants, Power transmission equipment’s, lights etc. may be transferred and/or conveyed/assigned/leased. iii. To provide for and incorporate covenant, restriction and obligations with regard to the provision of maintaining the infrastructure and common amenities including garden and roads, if any. iv. To decide from time to time to what extent the township will be transferred to the respective body formed. v. To decide from time to time when and what type of documents of transfer if required should be executed.

Appears in 1 contract

Samples: Sublease Agreement (Aveo Pharmaceuticals Inc)

Construction of the Project. 6.1 APARTMENT (in furtherance to the Clause-6 of the instant Agreement) : a} The Allottee has seen undertake not to do or cause to be done any act, deed or thing by virtue of which the proposed layout plan, specifications, amenities and facilities construction of the Unit and accepted said building or the payment plan and Apartment & allied or any other Units to be constructed on the specificationsSaid Land are either hampered, amenities and facilities (annexed along with this Agreement) which has been approved by the competent authorityobstructed, as represented by the Promoter. delayed or stopped; b} The Promoter shall develop the Project in accordance with the said layout plans, specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye -­‐ laws, FAR and provisions prescribed by the Madhya Pradesh Law and shall not have an option to make any variation/alteration/permissible modification in such plans, other than or alteration in the manner provided under the Act, and breach of this term Apartment may be done by the Promoter shall constitute a material breach subject to the payment of charges as stated above well in advance; c} In all matters relating to construction, measurement and specification, decision of the Architect shall be final and binding on both the parties; d} Natural materials like marble, granite, wood, sandstone etc. contain veins with inherent structural differences, as a result of which colour and marking caused by the mineral complex composition, cracks, inherent impurities are likely to occur, while the Promoter shall take all and every care to ensure construction and completion of the Apartment & allied as per specifications mentioned herein, the Promoter, shall not be held responsible or accountable for cracks, discoloring or deterioration in the quality of such natural materials; e} Sand, Bricks, water, etc. used for construction work are natural materials containing various inherent impurities in its mineral composition. Any defects by these minerals resulting in salt xxxxx action, hairline cracks or shrinkage cracks (due to thermal expansion and contraction) on the plastered surface resulting into its deterioration but the Promoter shall repair the same if the same is pointed out by the Allottee at the appropriate stage of construction by the Allottee and such stage crosses then the Promoter, shall not be liable for making any change or improvements; C] POSSESSION OF THE APARTMENT (in furtherance to the Clause-7 of the instant Agreement.) : 6.2 It is made clear a} Notwithstanding whether the Purchaser takes actual physical possession or not, the Date of Possession shall always be expiry of 7 days from the date of notice issued by the Promoter to the Purchaser for delivery of possession and it is expressly agreed by the Purchaser that from the date of possession the Purchaser shall be bound to pay all charges payable for the Apartment & allied including maintenance charges and municipal rates and taxes irrespective of whether the Allottee agrees take possession of the Apartment & allied or not; b} In case the Allottee request the Promoter in writing to deliver give possession the said Apartment for furniture, fixture and interior work purposes, then the same may be considered by the Promoter subject to the observation of the following by the Allottee :- i\ The Allottee pay the Electricity Charges for the electricity consumed to ascertained by way of installation of a Sub-meter for which all expenses shall be borne and paid by the Allottee; ii\ Pay such amounts to the Promoter as mentioned in the relevant chart under clause 1.2 of these presents; iii\ The Allottee shall not make any structural change in the Apartment and allied; iv\ The Allottee shall not do any act, deed or thing which may be interpreted as causing deviation from the plans sanctioned by KMC, or for which the Promoter may be served with any kind of notice from KMC; v\ The Allottee shall keep the Promoter saved, harmless and indemnified from all claims that may arise because of any activity by the Unit Allottee during such period; c} The Cancellation of Agreement in pursuance of clause 7.1, 7.5, 7.6 and 9.2 above shall be treated as a single indivisible unit if the cancellation is not for all purposes. 6.3 The PROMOTERS shall have the right to grant right of access/way and/or other easement rights from the said land for development of any property adjacent to this property and permit to use the common facilities default of the township. The PROMOTERS and/or its nominees Promoter, all the consequences as given in this agreement shall follow accordingly; d} Notwithstanding anything contained in all/any such event as mentioned above be also entitled to connect/ use these presents or elsewhere the electrical lines, sanitary system, drainage connections, water supply systems including Bore xxxxx and other common amenities of the project. The Allottee and the member of the society/COMPANY shall also admit such new intending Allottees as its members. 6.4 AT its sole and absolute discretion, the PROMOTERS may start construction/ development/ renovations on any part of the said land/ project or on the land adjacent/ adjoin the project land, including wings thereof or may postpone such construction thereof. The Allottee under any circumstances shall not stop or take any steps to stop such construction on the ground of nuisance, disturbances, or for other reasons of any nature whatsoever. 6.5 NOTWITHSTANDING any other provisions of this allotment the PROMOTERS shall be entitled at its sole to enforce their right of cancellation / withdraw from the Project as contained in clause 7.1, 7.5, 7.6 and absolute discretion9.2 above only upon performing and fulfilling the following conditions or otherwise the cancellation proposal shall be treated as void ab-initio : i. To form a separate/combined society, Company, limited ‘PROMOTERS’, condominium - i\ Serving 6 months advance notice in writing in advance about intention to cancel the agreement and/or for withdrawal of unit or the Project; ii\ Permitting the Promoter to deal with any other body buyer for the Apartment and allied and enter into any agreement or bodies of Allottee/s arrangement with such new buyer within the notice period; iii\ To give cogent reason for such cancellation, as to why the same shall be formed accepted by the Promoter in the event Promoter within aforesaid 6 months could not find any buyer at price same or more than the price at which the Allottee has agreed to purchase the Apartment and constituted. ii. To decide and determine how and in what manner the infrastructure including the common utility areas such as gardens, open spaces, roads, STP if any plants, Power transmission equipment’s, lights etc. may be transferred and/or conveyed/assigned/leased. iii. To provide for and incorporate covenant, restriction and obligations with regard to the provision of maintaining the infrastructure and common amenities including garden and roads, if any. iv. To decide from time to time to what extent the township will be transferred to the respective body formed. v. To decide from time to time when and what type of documents of transfer if required should be executed.allied;

Appears in 1 contract

Samples: Sale Agreement

Construction of the Project. 6.1 8.1. The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Unit Apartment and accepted the floor plan, payment plan and the specifications, amenities and facilities ([annexed along with this Agreement) ] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject , subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye -­‐ bye- laws, FAR and density norms and provisions prescribed by the Madhya Pradesh Law laws of West Bengal and shall not have an option to make any variation/alteration/ 8.2. The Allottee shall not in any manner cause obstruction and/or hindrance to the construction and the development of the Project. If due to the default of the Allottee the Promoter is restrained from carrying out the construction/ development or is restrained from transferring or disposing of the Apartment(s), then save as except the other rights of the Promoter, the Allottee shall be liable to compensate and indemnify the Promoter for all such loss, damage, cost claims etc. that may be suffer or incurred. 8.3. No structural changes/ modifications are permitted. The Allottee shall not do or cause to be done any such things or works, which brings about structural changes/ modification in such plans, other than in the manner provided under the Act, and breach Apartment (s). 8.4. The work of this term by the Promoter shall constitute a material breach construction of the Agreement. 6.2 It is made clear by the Promoter and the Allottee agrees that the Unit project shall be treated as a single indivisible unit for taken up in various phases and all purposes. 6.3 The PROMOTERS shall have the right to grant right of access/way and/or other easement rights from the said land for development of any property adjacent to this property and permit to use the common facilities of the townshipand/or amenities will be provided progressively. The 8.5. The PROMOTERS and/or its nominees shall in all/any such event as mentioned above be also entitled to connect/ use Internal electrical wiring for the electrical lines, sanitary system, drainage connections, water supply systems including Bore xxxxx and other common amenities of the project. The Allottee and the member of the society/COMPANY shall also admit such new intending Allottees as its members. 6.4 AT its sole and absolute discretion, the PROMOTERS may start construction/ development/ renovations on any part of the said land/ project or on the land adjacent/ adjoin the project land, including wings thereof or may postpone such construction thereof. The Allottee under any circumstances shall not stop or take any steps to stop such construction on the ground of nuisance, disturbances, or for other reasons of any nature whatsoever. 6.5 NOTWITHSTANDING any other provisions of this allotment the PROMOTERS Apartment(s) shall be entitled at its sole and absolute discretion: i. To form a separate/combined societyprovided by the Promoter, Company, limited ‘PROMOTERS’, condominium of unit or any other body or bodies of Allottee/s however the Allottee shall have to be formed and constituted. ii. To decide and determine how and in what manner the infrastructure including the common utility areas such as gardens, open spaces, roads, STP if any plants, Power transmission equipment’s, lights etc. may be transferred and/or conveyed/assigned/leased. iii. To provide for and incorporate covenant, restriction and obligations with regard apply to the provision concerned Authority for obtaining supply of maintaining the infrastructure power and common amenities including garden and roads, if any. iv. To decide from time to time to what extent the township will be transferred to the respective body formed. v. To decide from time to time when and what type of documents of transfer if required should be executed.a separate meter for their allotted Apartment(s)

Appears in 1 contract

Samples: Sale Agreement

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