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

Failure of Allottee to take Possession. Upon receiving a written intimation from the Sellers as per Clause 7.2 above and subject to all outstanding amounts being paid by the Allottee, the Allottee shall take possession of the Apartment from the Sellers by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and as may be required, and the Sellers shall give possession of the Apartment to the Allottee. In case the Allottee fails to take possession on the Possession Date, the Allottee shall continue to be liable to pay the maintenance charges as specified in this Agreement and the rates and taxes that may be attributable to the said Apartment.

Failure of Allottee to take Possession. 6.3.1 Upon receiving a written intimation from the Sellers Promoter as per Clause 7.2 6.2 above and subject to all outstanding amounts being paid by the Allottee, the Allottee shall take possession of the Apartment from the Sellers Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and as may be required, and the Sellers Promoter shall give possession of the Apartment to the Allottee. In case the Allottee fails to take possession on the Possession Date, the Allottee shall continue to be liable to pay the maintenance charges as specified in this Agreement and the rates and taxes that may be attributable to the said Apartment.

Failure of Allottee to take Possession. Upon receiving a written intimation from the Sellers as per Clause 7.2 8.10 above and subject to all outstanding amounts being paid by the Allottee, the Allottee shall take possession of the Apartment from the Sellers by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and as may be required, and the Sellers shall give possession of the Apartment to the Allottee. In case the Allottee fails to take possession on the Possession Date, the Allottee shall continue to be liable to pay the maintenance charges as specified in this Agreement and the rates and taxes that may be attributable to the said Apartment.