Failure of Allottee to take Possession of Unit Sample Clauses

Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as per para 7.2, the Allottee shall take possession of the 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 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 and all other outgoings.
AutoNDA by SimpleDocs
Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as per clause 7.2, the Allottee shall take possession of the [Apartment/Plot] 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/Plot] 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.
Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as per clause 7.2, the Allottee shall take possession of the 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 Unit to the Allottee. In case the Allottee fails to take possession within the time provided in clause 7.2, such Allottee shall continue to be liable to pay maintenance charges as applicable. On failure of allottee to pay the instalment as per schedule given in Buyer’s Agreement, apart from paying the interest on the delayed amount, the possession of the unit shall be extended to the extent of period of delay in paying the defaulted amount. Possession by the Allottee.–Based on terms & conditions of Regularisation Certificate issued by Competent Authority and handing over physical possession of the Unit to the Allottees, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the Association of the Allottees or the competent authority, as the case may be, as per the local laws.
Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as stated in Cl. ……, the Allottee shall take possession of the 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 Unit to the Allottee. In case the Allottee fails to take possession within….(……) days from the date of notice of possession of the said Unit after fulfilling all his liabilities and obligations or the date of expiry of the period specified in the notice in writing by the Developer to the Allottee to take possession of the said Unit irrespective of whether the Allottee takes actual physical possession of the said Unit or not, such Allottee shall continue to be liable to pay maintenance charges and all other outgoings whichever be earlier. Maintenance and other outgoings/ charges shall commence after …. days from the date of issue of the notice of the possession irrespective of whether possession is taken or not.
Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as per para 7.2, the Allottee shall within the time stipulated by the Promoter in the notice offering possession, 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, after satisfactory execution of such documents and payment by Allottee(s) of all the dues and subject to the Allottee(s) having complied with all the terms and conditions of this Agreement and allottee not being in default under any of the provisions of this Agreement and has complied with all provisions and formalities, 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 7.2If the Allottee(s) fails to take over the said Unit as aforesaid within the time limit prescribed by the Promoter in its notice, the said Unit shall lie at the risk and cost of the Allottee(s) and the Promoter shall have no liability or concern thereof. Further, in the event of his failure to take possession for any reasons whatsoever, he shall be deemed to have taken the possession of the said Unit on expiry of 30 days of offer of possession for the purpose of payment of maintenance charges or any other taxes, levies, outflows on account of the said Unit or for any other purpose. Further, the Promoter shall not be responsible for any loss or damage to the fittings and fixtures in the said Unit on account of the Allottee(s) not taking possession of the Unit, as specified hereinabove.
Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter, the Allottee shall take possession of the 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 Unit to the allottee, in case the Allottee fails to take possession within the time provided, such Allottee shall continue to be pay maintenance charges as applicable, it shall be deemed that the possession of unit have been taken over by the allottee from the date when the possession is offered and period of five years of defect liability clause shall also start from the date of making offer of the possession of unit. Possession by the Allottee- After obtaining the occupancy/completion certificate and handing over physical possession of the Unitto the Allottees, it shall be theresponsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of Allottees or the competent authority, as the case may be, as per the local laws. (Provided that, in the absence of any local law, the promoter shall handover the necessary documents and plans, including common areas, to the association of allottees or the competent authority, as the case may be, within thirty days after obtaining the completion certificate). 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 10% of the Total Price as specified above in regard to the unit. The balance amount of money paid by the allottee shall be returned by the promoter to the allottee within 60 days of such cancellation without any interest &compensation amount.
Failure of Allottee to take Possession of Unit. (i) Upon receiving a written intimation from the Promoter as per clause b, the Allottee shall take possession of the 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 Unit to the allottee. In case the Allottee fails to take possession within the time provided in clause b, such Allottee shall continue to be liable to pay maintenance charges as applicable.
AutoNDA by SimpleDocs
Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter, the Allottee/s 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/s. In case the Allottee/s fail/s or commit/s delay in taking possession of the said unit within the time provided hereinabove such Allottee/s shall be liable for payment of maintenance charges as applicable, property tax, electricity charges and any other expenses and outgoing in respect of the said unit and the Promoter shall not be liable for the maintenance, wear and tear of the said unit. Possession by the Allottee/s–After obtaining the occupancy certificate and handing over physical possession of the said unit to the Allottee/s, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the Co-Operative Housing Society or the Competent Authority, as the case may be, as per the local laws.
Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as per para 7.2, the Allottee shall take possession of the 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 UNIT to the Allottee. In case the Allottee fails to take possession within the time provided in para 7.2 such Allottee shall be liable to pay maintenance charges as specified in para 7.2 from such date as notified in the Possession Notice. (Deemed Possession). It is understood by the Allottee that even if the Allottee fails to take possession of the UNIT within the date such possession is offered by the Promoter, the Allottee shall be deemed to have taken possession on the [15th ] day from the date of such notice which date, for all purposes and irrespective of the actual date when the Allottee takes physical possession of the UNIT, will be deemed to be the possession xxxx (“Possession Date”). On and from the Possession Date:
Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter, the Allottee shall take possession of the 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 Unit to the allottee, in case the Allottee fails to take possession within the time provided, such Allottee shall continue to be pay maintenance charges as applicable, it shall be deemed that the possession of unit have been taken over by the allottee. Possession by the Allottee- After obtaining the occupancy/completion certificate and handing over physical possession of the Units to the Allottees, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of Allottees or the competent authority, as the case may be, as per the local laws. (Provided that, in the absence of any local law, the promoter shall handover the necessary documents and plans, including common areas, to the association of allottees or the competent authority, as the case may be, within thirty days after obtaining the completion certificate).
Time is Money Join Law Insider Premium to draft better contracts faster.