Common use of Mode of giving possession Clause in Contracts

Mode of giving possession. The Promoter/Transferor shall serve upon the Allottee/Transferee a notice in writing (“Possession Notice”) to take over possession of the Bungalow within 60 (sixty)days (“Possession Period”) from the date of the Possession Notice. It will not be necessary for the Promoter/Transferor to complete the larger and/or the particular common areas and installations before giving such notice but shall be liable to complete the same within a reasonable time thereinafter. Upon the Allottee/Transferee complying with all provisions, formalities, documentation, etc. as may be prescribed by the Promoter/Transferor in this regard and provided the Allottee/Transferee is not in default of any of the terms and conditions of this Agreement, the Promoter/Transferor shall give possession of the Bungalow to the Allottee/Transferee on a date (“Possession Date”) mutually agreed but within the Possession Period. It is understood that the Possession Date shall not be a date later than the date specified in clause 7.1 above.

Appears in 3 contracts

Samples: Agreement to Sale, Agreement to Sale, Agreement to Sale

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Mode of giving possession. The Promoter/Transferor shall serve upon the Allottee/Transferee a notice in writing (“Possession Notice”) to take over possession of the Bungalow Plot within 60 (sixty)days sixty) days (“Possession Period”) from the date of the Possession Notice. It will not be necessary for the Promoter/Transferor to complete the larger and/or the particular common areas and installations before giving such notice but shall be liable to complete the same within a reasonable time thereinafter. Upon the Allottee/Transferee complying with all provisions, formalities, documentation, etc. as may be prescribed by the Promoter/Transferor in this regard and provided the Allottee/Transferee is not in default of any of the terms and conditions of this Agreement, the Promoter/Transferor shall give possession of the Bungalow Plot to the Allottee/Transferee on a date (“Possession Date”) mutually agreed but within the Possession Period. It is understood that the Possession Date shall not be a date later than the date specified in clause 7.1 6.1 above.

Appears in 2 contracts

Samples: Agreement for Sale Cum Assignment, Agreement for Sale Cum Assignment

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Mode of giving possession. The Promoter/Transferor shall serve upon the Allottee/Transferee a notice in writing (“Possession Notice”) to take over possession of the Bungalow Apartment within 60 (sixty)days sixty) days (“Possession Period”) from the date of the Possession Notice. It will not be necessary for the Promoter/Transferor to complete the larger and/or the particular common areas and installations before giving such notice but shall be liable to complete the same within a reasonable time thereinafter. Upon the Allottee/Transferee complying with all provisions, formalities, documentation, etc. as may be prescribed by the Promoter/Transferor in this regard and provided the Allottee/Transferee is not in default of any of the terms and conditions of this Agreement, the Promoter/Transferor shall give possession of the Bungalow Apartment to the Allottee/Transferee on a date (“Possession Date”) mutually agreed but within the Possession Period. It is understood that the Possession Date shall not be a date later than the date specified in clause 7.1 above.

Appears in 2 contracts

Samples: Agreement for Sale Cum Assignment, Agreement to Sale

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