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Common use of POSSESSION OF THE APARTMENT/PLOT Clause in Contracts

POSSESSION OF THE APARTMENT/PLOT. 7.1. Schedule for possession of the said Apartment-The Promoter/Developer agrees and understands that timely delivery of possession of the Apartment to the allottee and the common areas to the association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter/Developer assures to hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the project in place on…………..unless there is delay or failure d ue to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of' the real estate project ("Force Majeure''). If, however, the com pleti on of the Project is delayed due to the Force Majeure conditions, then the Xxxxxx xx agrees that the Promoter/Developer shall be entitled to the extension of time for delivery of possession of the Apart ment. 7.2. Procedure for taking possession-The Promoter/Developer, upon

Appears in 2 contracts

Samples: Sale Agreement, Sale Agreement

POSSESSION OF THE APARTMENT/PLOT. 7.1. Schedule for possession of the said Apartment-The Promoter/Developer Xxxxxxxxx agrees and understands that timely delivery of possession of the Apartment to the allottee and the common areas to the association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter/Developer assures to hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the project in place on…………..unless there is delay or failure d ue to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of' the real estate project ("Force Majeure''). If, however, the com pleti on of the Project is delayed due to the Force Majeure conditions, then the Xxxxxx xx agrees that the Promoter/Developer shall be entitled to the extension of time for delivery of possession of the Apart ment. 7.2. Procedure for taking possession-The Promoter/Developer, upon

Appears in 1 contract

Samples: Sale Agreement

POSSESSION OF THE APARTMENT/PLOT. 7.1. Schedule for possession of the said Apartment-The Promoter/Developer agrees and understands that timely delivery of possession of the Apartment to the allottee and the common areas to the association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter/Developer assures to hand over possession of the Apartment along with alongwith ready and complete common areas with all specifications, amenities and facilities of the project in place on…………..unless there is delay or failure d ue due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of' the real estate project ("Force Majeure''). If, however, the com pleti on of the Project is delayed delalyed due to the Force Majeure conditions, then the Xxxxxx xx Allottee agrees that the Promoter/Developer shall be entitled to the extension of time for delivery of possession of the Apart ment. 7.2. Procedure for taking possession-The Promoter/Developer, upon

Appears in 1 contract

Samples: Sale Agreement

POSSESSION OF THE APARTMENT/PLOT. 7.1. Schedule for possession of the said Apartment-The Promoter/Developer agrees and understands that timely delivery of possession of the Apartment to the allottee and the common areas to the association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter/Developer assures to hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the project in place on…………..unless there is delay or failure d ue due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of' the real estate project ("Force Majeure''). If, however, the com pleti on of the Project is delayed due to the Force Majeure conditions, then the Xxxxxx xx Allottee agrees that the Promoter/Developer shall be entitled to the extension of time for delivery of possession of the Apart ment. 7.2. Procedure for taking possession-The Promoter/Developer, upon

Appears in 1 contract

Samples: Sale Agreement