Common use of Failure of Allottees to take Possession of Apartment Clause in Contracts

Failure of Allottees to take Possession of Apartment. Upon receiving a written intimation from the Promoter as mentioned in Clause 7.2 above, the Allottees shall take possession of the Said Apartment 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 Apartment to the Allottees. In case the Allottees fails to take possession within the time provided in Clause 7.2 above, such Allottees shall continue to be liable to pay maintenance charges as applicable in terms of the rules framed on payment of maintenance charges for the project.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

AutoNDA by SimpleDocs

Failure of Allottees to take Possession of Apartment. Upon receiving a written intimation from the Promoter Vendor as mentioned in per Clause 7.2 above, the Allottees Allottee(s) shall take possession of the Said Apartment from the Promoter Vendor by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, and the Promoter Vendor shall give possession of the Said Apartment to the AllotteesAllottee(s). In case the Allottees Allottee(s) fails to take possession within the time provided in Clause 7.2 above7.2, such Allottees Allottee(s) shall continue to be liable to pay maintenance charges as applicable in terms of the rules framed on payment of maintenance charges for the projectapplicable.

Appears in 2 contracts

Samples: Agreement for Sale, Sale Agreement

Failure of Allottees to take Possession of Apartment. Upon receiving a written intimation from the Promoter Vendor as mentioned in Clause 7.2 aboveper clause 7.2, the Allottees Allottee(s) shall take possession of the Said Apartment from the Promoter Vendor by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, and the Promoter Vendor shall give possession of the Said Apartment to the AllotteesAllottee(s). In case the Allottees Allottee(s) fails to take possession within the time provided in Clause 7.2 above7.2, such Allottees Allottee(s) shall continue to be liable to pay maintenance charges as applicable in terms of the rules framed on payment of maintenance charges for the projectapplicable.

Appears in 2 contracts

Samples: Sale Agreement, Sale Agreement

Failure of Allottees to take Possession of Apartment. Upon receiving a written intimation from the Promoter Vendor/Developer as mentioned in Clause 7.2 aboveper clause 7.2, the Allottees Allottee(s) shall take possession of the Said Apartment from the Promoter Vendor/Developer by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, and the Promoter Vendor/Developer shall give possession of the Said Apartment to the AllotteesAllottee(s). In case the Allottees Allottee(s) fails to take possession within the time provided in Clause 7.2 above7.2, such Allottees Allottee(s) shall continue to be liable to pay maintenance charges as applicable in terms of the rules framed on payment of maintenance charges for the projectapplicable.

Appears in 1 contract

Samples: Sale Agreement

Failure of Allottees to take Possession of Apartment. Upon receiving a written intimation from the Promoter Vendors/Developer as mentioned in Clause 7.2 aboveper clause 7.2, the Allottees Allottee(s) shall take possession of the Said Apartment from the Promoter Vendors/Developer by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, and the Promoter Vendors/Developer shall give possession of the Said Apartment to the AllotteesAllottee(s). In case the Allottees Allottee(s) fails to take possession within the time provided in Clause 7.2 above7.2, such Allottees Allottee(s) shall continue to be liable to pay maintenance charges as applicable in terms of the rules framed on payment of maintenance charges for the projectapplicable.

Appears in 1 contract

Samples: Sale Agreement

AutoNDA by SimpleDocs

Failure of Allottees to take Possession of Apartment. Upon receiving a written intimation from the Promoter Vendor as mentioned in per Clause 7.2 above, the Allottees Allottee(s) shall take possession of the Said Apartment from the Promoter Vendor by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, and the Promoter Vendor shall give possession of the Said Apartment to the Allottees. In case the Allottees fails to take possession within the time provided in Clause 7.2 above, such Allottees shall continue to be liable to pay maintenance charges as applicable in terms of the rules framed on payment of maintenance charges for the project.give

Appears in 1 contract

Samples: Sale Agreement

Failure of Allottees to take Possession of Apartment. Upon receiving a written intimation from the Promoter as mentioned in Clause 7.2 aboveper para 7.2, the Allottees Allottee(s) shall take possession of the Said Apartment 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 Apartment to Apartmentto the AllotteesAllottee(s). In case the Allottees Allottee(s) fails to take possession within the time provided in Clause 7.2 abovepara 7.2, such Allottees Allottee(s) shall continue to be he liable to pay maintenance charges as applicable specified in terms of the rules framed on payment of maintenance charges for the projectpara 7.2.

Appears in 1 contract

Samples: Agreement for Sale

Failure of Allottees to take Possession of Apartment. Upon receiving a written intimation from the Promoter as mentioned in Clause 7.2 aboveper para 7.2, the Allottees Allottee(s) shall take possession of the Said Apartment 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 Apartment to the AllotteesAllottee(s). In case the Allottees Allottee(s) fails to take possession within the time provided in Clause 7.2 abovepara 7.2, such Allottees Allottee(s) shall continue to be liable to pay maintenance charges as applicable specified in terms of the rules framed on payment of maintenance charges for the projectpara 7.2.

Appears in 1 contract

Samples: Sale Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!