Maintenance Company Clause Samples

Maintenance Company. Upon completion of the Project and until the formation of the Association, the Promoter will hand over its management for maintenance to the Maintenance Company for which the Allottee may be required to execute an agreement (“Maintenance Agreement”) with the Maintenance Company.
Maintenance Company. Establishment and all other capital and operational expenses of the Maintenance Company.
Maintenance Company. ASSOCIATION shall mean any Company incorporated under any provisions of the Companies Act, 1956 or any Association or any Syndicate Committee or Registered Society or any other Association of Persons of the Allottees, that may be formed by the Promoter for the common purposes having such rules regulations bye-laws and restrictions as be deemed proper and necessary by the Promoter in its absolute discretion.