Common use of Meaning of Completion Clause in Contracts

Meaning of Completion. It shall not be obligatory for the Developer to complete the Common Portions, the Specified Facilities and the Said Club before giving the Possession Notice to the Buyer and the Said Flat and the Parking Space (if any) shall be deemed to have been completed in all respect if the same is made fit for habitation and use [(1) in bare condition and (2) as per the Specifications, the decision of the Architect in this regard being final and binding].

Appears in 2 contracts

Samples: Property Management & Real Estate, Property Transfer Agreement

AutoNDA by SimpleDocs

Meaning of Completion. It shall not be obligatory for the Developer Owner to complete the Common Portions, the Specified Facilities and the Said Club Portions before giving the Possession Notice to the Buyer and the Said Flat and the Said Parking Space (if any) ), shall be deemed to have been completed in all respect if the same is made fit for habitation and use [(1) in bare condition and (2) as per the Specificationsuse, the decision of the Architect in this regard being shall be final and binding].

Appears in 1 contract

Samples: Agreement for Sale Without Possession

Meaning of Completion. It shall not be obligatory for the Developer to complete the Common Portions, the Specified Facilities and the Said Club before giving the Possession Notice to the Buyer and the Said Flat and the Parking Space (if any) shall be deemed to have been completed in all respect if the same is made fit for habitation and use [(1) in bare condition and (2) as per the Specifications, the decision of the Architect in this regard being final and binding].and

Appears in 1 contract

Samples: Transfer Agreement

Meaning of Completion. It shall not be obligatory for the Developer Developer/Confirming Party to complete the Common Portions, the Specified Facilities and the Said Club Portions in all respects before giving the Possession Notice is given to the Buyer and the Said Flat Unit and the Parking Space (Space, if any) , shall be deemed to have been completed in all respect if the same is made fit for habitation and use [(1) in bare condition and (2) as per the Specifications, the decision of the Architect in this regard being final and binding].

Appears in 1 contract

Samples: Transfer Agreement

AutoNDA by SimpleDocs

Meaning of Completion. It shall not be obligatory for the Developer to complete the Common Portions, the Specified Facilities and the Said Club (defined in Clause 10.1 below) before giving the Possession Notice to the Buyer and the Said Flat and the Said Parking Space (if any) shall be deemed to have been completed in all respect if the same is made fit for habitation and use [(1) in bare condition and (2) as per the Specificationsuse, the decision of the Architect in this regard being shall be final and binding].

Appears in 1 contract

Samples: Not Specified

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