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

Failure of Allottee to take Possession. of Apartment/Pent Houses-[Apartment/ROW- HOUSE] Upon receiving a written intimation from the Promoter as per para 7.2, the Allottee shall take possession of the Apartment/Pent Houses [Apartment/ROW-HOUSE] 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/Pent Houses [Apartment/ROW-HOUSE] 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. Also in the event of Xxxxxxxx’s failure to take possession or getting conveyance deed done in time limit, for any reason whatsoever, expenditure incurred on the taking care and/or maintenance of the Apartment/Pent Houses shall be charged extra at the rate of Rupees Thirty per sqm of the Apartment/Pent Housesarea plus taxes per month from the date onwards other than external maintenance charges, and be paid by the purchaser as and when demanded by the builder.

Appears in 5 contracts

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

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Failure of Allottee to take Possession. of Apartment/Pent Houses-[Apartment/ROW- HOUSE] Upon receiving a written intimation from the Promoter as per para 7.2, the Allottee shall take possession of the Apartment/Pent Houses [Apartment/ROW-HOUSE] 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/Pent Houses [Apartment/ROW-HOUSE] 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. Also in the event of XxxxxxxxAllottee’s failure to take possession or getting conveyance deed done in time limit, for any reason whatsoever, expenditure incurred on the taking care and/or maintenance of the Apartment/Pent Houses shall be charged extra at the rate of Rupees Thirty per sqm of the Apartment/Pent Housesarea plus taxes per month from the date onwards other than external maintenance charges, and be paid by the purchaser as and when demanded by the builder.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

Failure of Allottee to take Possession. of row house [Apartment/Pent Houses-[Apartment/ROW- ROW-HOUSE] - Upon receiving a written intimation from the Promoter as per para 7.2, the Allottee shall take possession of the Apartment/Pent Houses row house [Apartment/ROW-HOUSE] 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/Pent Houses row house [Apartment/ROW-ROW- HOUSE] 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. Also in the event of XxxxxxxxAllottee’s failure to take possession or getting conveyance deed done in time limit, for any reason whatsoever, expenditure incurred on the taking care and/or maintenance of the Apartment/Pent Houses row house shall be charged extra at the rate of Rupees Thirty per sqm of the Apartment/Pent Housesarea ROW-HOUSE area plus taxes per month from the date onwards other than external maintenance charges, and be paid by the purchaser as and when demanded by the builder.

Appears in 1 contract

Samples: Agreement for Sale

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Failure of Allottee to take Possession. of EWS/LIG/Flat [Apartment/Pent Houses-[Apartment/ROW- HOUSE] ROW-HOUSE]- Upon receiving a written intimation from the Promoter as per para 7.2, the Allottee shall take possession of the ApartmentEWS/Pent Houses LIG/Flat [Apartment/ROW-HOUSE] from HOUSE]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 ApartmentEWS/Pent Houses [ApartmentLIG/Flat[Apartment/ROW-HOUSE] 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. Also in the event of XxxxxxxxAllottee’s failure to take possession or getting conveyance deed done in time limit, for any reason whatsoever, expenditure incurred on the taking care and/or maintenance of the ApartmentEWS/Pent Houses LIG/Flat shall be charged extra at the rate of Rupees Thirty rupees thirty per sqm of the Apartment/Pent Housesarea carpet area plus taxes per month from the date onwards other than external maintenance charges, and be paid by the purchaser as and when demanded by the builder.

Appears in 1 contract

Samples: Agreement for Sale

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