Common use of Failure of Allottee to take Possession of Said Unit Clause in Contracts

Failure of Allottee to take Possession of Said Unit. Upon receiving a written intimation from the Promoter (Notice of Possession) as per para 7.2, the Allottee shall take possession of the Said 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 Said Unit to the Allottee. In case the Allottee fails to take possession within the time provided in para 7.2, such Allottee shall continue to be liable to pay maintenance charges as specified in para 7.2 from the Deemed Date of Possession.

Appears in 2 contracts

Samples: Draft Agreement for Sale, Solaris Mall

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Failure of Allottee to take Possession of Said Unit. Upon receiving a written intimation from the Promoter (Notice of Possession) as per para 7.2, the Allottee shall take possession of the Said Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement Agreement, and the Promoter shall give possession of the Said Unit Unit’ to the Allotteeallottee. In case the Allottee fails to take possession within the time provided in para 7.2, 7.2 such Allottee shall continue to be liable to pay common areas/services maintenance charges as specified in para 7.2 from the Deemed Date of Possession7.2.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

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Failure of Allottee to take Possession of Said Unit. Upon receiving a written intimation from the Promoter (Notice of Possession) as per para clause 7.2, the Allottee shall take possession of the Said said Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement Agreement, and the Promoter shall give possession of the Said said Unit to the Allottee. In case the Allottee fails to take possession within the time provided in para clause 7.2, such Allottee shall continue to be liable to pay maintenance charges as specified in para 7.2 from the Deemed Date of Possessionapplicable and all other outgoings.

Appears in 1 contract

Samples: Agreement for Sale

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