Common use of Failure of Allottee to take possession of Apartment/Unit Clause in Contracts

Failure of Allottee to take possession of Apartment/Unit. Upon receiving a written intimation from the Promoter as per Para 7.2 above, the Allottee(s) shall take possession of the [Apartment/ Unit] from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the [Apartment/ Unit] to the Allottee(s). In case the Allottee(s) fails to take possession within the time provided as per Para 7.2 above, such Allottee shall continue to be liable to pay maintenance charges as specified under Para 7.2 above.

Appears in 6 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

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Failure of Allottee to take possession of Apartment/Unit. Upon receiving a written awritten intimation from the Promoter as per Para 7.2 above, the Allottee(s) shall take possession of the [Apartment/ Unit] from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the [Apartment/ Unit] to the Allottee(s). In case the Allottee(s) fails to take possession within the time provided as per Para 7.2 above, such Allottee shall continue to be liable to pay maintenance charges as specified under Para 7.2 above.

Appears in 3 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

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Failure of Allottee to take possession of Apartment/Unit. Upon receiving a written awritten intimation from the Promoter as per Para 7.2 above, the Allottee(s) shall take possession of the [Apartment/ Apartment and car parking space/ Unit] from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the [Apartment/ Unit] to the Allottee(s). In case the Allottee(s) fails to take possession within the time provided as per Para 7.2 above, such Allottee shall continue to be liable to pay maintenance charges as specified under Para 7.2 above.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

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