Future exploitation Sample Clauses
Future exploitation. Notwithstanding anything elsewhere to the contrary herein contained it is expressly agreed and understood that the Owner shall be exclusively entitled to all future horizontal
Future exploitation. Notwithstanding anything elsewhere to the contrary herein contained the Owner shall be exclusively entitled to all future horizontal and vertical exploitation of the Said Land lawfully, including by way of raising further storey or stories on the roofs for the time being of the Residential Tower and to do all acts deeds and things and make all alterations and connections (including to connect all existing utilities and facilities available at the Said Land to the new constructions) as be deemed to be expedient to make such areas and constructions tenantable and to use, enjoy, hold and/or sub-lease transfer the same to any person or persons on such terms and conditions as the Owner in its absolute discretion may think fit and proper and the Purchaser’s share in various matters, including in Common Areas shall also stand reduced owing to such construction but the Purchaser shall not raise any objection or dispute (notwithstanding any inconvenience or difficulty that the Purchaser may be subjected to) nor to claim refund or reduction of the consideration and other amounts paid by the Purchaser nor to claim any amount or consideration from the Owner on account thereof and furthermore the Purchaser shall fully co- operate with the Owner and sign execute and submit all affidavits, declarations, powers, authorities, no objections, consents etc., as may be required by the Owner.
Future exploitation. Notwithstanding anything elsewhere to the contrary herein contained it is expressly agreed and understood that the Owner shall be exclusively entitled to all future horizontal and vertical exploitation of the Said Premises lawfully, including by way of raising further storey or stories on the roofs for the time being of the Residential Tower and to do all acts, deeds and things and make all alterations and connections (including to connect all existing utilities and facilities available at the Said Premises to the new constructions) as be deemed to be expedient to make such areas and constructions tenantable and to use, enjoy, hold and/or sub-lease transfer the same to any person or persons on such terms and conditions as the Owner in its absolute discretion may think fit and proper and the Allottee's share in various matters, including in Common Areas shall also stand reduced owing to such construction but the Allottee shall not be entitled to raise any objection or dispute (notwithstanding any inconvenience or difficulty that the Allottee may be subjected to) nor to claim refund or reduction of the consideration and other amounts payable by the Allottee hereunder nor to claim any amount or consideration from the Owner on account thereof and furthermore the Allottee
Future exploitation. 38.1 Besides the additions and alterations permissible under the Act and/or Rules, the Allottee hereby records its consent and authorizes the Promoter to carry out modifications, additions and alterations within permissible and/or prevailing norms regarding the construction and the specifications of the Building, the common areas, the ground floor layout and/or the said Apartment as may be deemed necessary and/or as may be advised by the Architects and/or as may be required by any authority including the Kolkata Municipal Corporation. Prior to the booking of the said Apartment the Allottee had been informed and made aware that the ground floor layout including the common areas and its location may undergo changes and/or modifications and the Allottee has consented to and/or hereby records its consent to the such modifications.
38.2 In the event, the Promoter is entitled to utilize any additional FAR (Floor Area Ratio), the Allottee agrees and understands that such additional FSI/FAR shall be achieved only by way of vertical extension over the existing building. The Allottee hereby accords its consent to the Promoter that the Promoter shall have full right , title, interest to use and utilize the additional FSI/FAR in respect of the Project Land which may be made available even after the Deed of Conveyance of the Apartment has been executed the Allottee(s) or any member of the Association shall not raise any objection of whatsoever nature for the same.