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

POSSESSION OF THE APARTMENT/PLOT. Schedule for possession of the said [Apartment/Plot]: The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] is the essence of the Agreement. The Promoter, based on the approved plans and specifications. assures to hand over possession of the [Apartment/Plot] on, 19 MONTH FROM 23.05.2023 unless there is delay or failure 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 completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented, The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to. Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the. Allottee the entire amount received by the Promoter from the allotment within 45 days from that xxxx. After refund of the money paid by the Allottee, Xxxxxxxx agrees that he/ she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Annexure 'A'

AutoNDA by SimpleDocs

POSSESSION OF THE APARTMENT/PLOT. 7.1. Schedule for possession of the said [Apartment/Plot]: Apartment – The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] 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, based on the approved plans and specifications. Promoter assures to hand over handover possession of the [Apartment/Plot] onApartment along with ready and complete common areas with all specifications, 19 MONTH FROM 23.05.2023 amenities and facilities of the project in place on or before 26.02.2025 unless there is delay or failure due to war, flood, droughtdraught, firefire cyclone, cyclone. earthquake or any other calamity caused by nature affecting the regular development of the real estate project ("Force Majeure"), . If, however, the completion of the Project project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided . Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented, . The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to. to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the. the Allottee the entire amount received by the Promoter from the allotment Allottee within 45 days from that xxxxdate. The Promoter shall intimate the Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee, Xxxxxxxx the Allottee agrees that he/ he/she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement

POSSESSION OF THE APARTMENT/PLOT. 7.1 Schedule for possession of the said [Apartment/Plot]: Flat :- The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] Flat 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, based on the approved plans and specifications. Promoter assures to hand over possession of the [Apartment/Plot] on, 19 MONTH FROM 23.05.2023 Flat 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 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 completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided Flat: Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented, . The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to. to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the. the Allottee the entire amount received by the Promoter from the allotment within 45 days from that xxxxdate. The promoter shall intimate the allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee, Xxxxxxxx the Allottee agrees that he/ she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE APARTMENT/PLOT. 7.1. Schedule for possession of the said [Apartment/Plot]: Apartment – The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] 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 Agreementagreement. The Promoter, based on the approved plans and specifications. Promoter assures to hand over possession of the [Apartment/Plot] onApartment along with ready and complete common areas with all specifications, 19 MONTH FROM 23.05.2023 amenities and facilities of the project in place on 30/06/2022 unless there is delay or failure due to war, floodfood, 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 completion of the Project is delayed due to the Force force Majeure conditions then the Allottee agrees that the Promoter promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided . Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract Contract to be implemented, . The Allottee agrees and confirms that, in the event it becomes impossible Impossible for the Promoter to implement the project due to. to Force Majeure conditionsConditions, then this allotment Allotment shall stand terminated and the Promoter promoter shall refund to the. the Allottee the entire amount received Received by the Promoter promoter from the allotment within 45 days from that xxxxdate. The promoter shall intimate the Allottee about such termination at least 30 days prior to such termination. After refund Refund of the money paid by the Allottee, Xxxxxxxx the Allottee agrees that he/ she shall not have any rights, claims etc. against Against the Promoter and that the Promoter shall be released and discharged from all its obligations Obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: 202.61.117.163

POSSESSION OF THE APARTMENT/PLOT. 7.1. Schedule for possession of the said [Apartment/Plot]: Apartment – The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] Apartment to the Allottee and the common areas to the association of Allottee or the competent authority, as the case may be, is the essence of the Agreement. The Promoter, based on the approved plans and specifications. Promoter assures to hand over handover possession of the [Apartment/Plot] onApartment along with ready and complete common areas with all specifications, 19 MONTH FROM 23.05.2023 amenities and facilities of the project in place on or before 31.12.2023 unless there is delay or failure due to war, flood, droughtdraught, firefire cyclone, cyclone. earthquake or any other calamity caused by nature affecting the regular development of the real estate project ("Force Majeure"), . If, however, the completion of the Project project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided . Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented, . The Allottee agrees agree and confirms confirm that, in the event it becomes impossible for the Promoter to implement the project due to. to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the. the Allottee the entire amount received by the Promoter from the allotment Allottee within 45 days from that xxxxdate. The Promoter shall intimate the Allottee about such termination at least 30 days prior to such termination. After refund of the money paid by the Allottee, Xxxxxxxx the Allottee agrees that he/ he/she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE APARTMENT/PLOT. 7.1 Schedule for possession of the said [Apartment/Plot]: Apartment - The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] 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, based on the approved plans and specifications. Promoter assures to hand over possession of the [Apartment/Plot] onApartment along with ready and complete common areas with all specifications, 19 MONTH FROM 23.05.2023 amenities and facilities of the project in place on , unless there is delay or failure 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 completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided that such Force Majeure conditions are not of a nature nature, which make it impossible for the contract to be implemented, . The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to. to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the. the Allottee the entire amount received by the Promoter from the allotment within 45 days from that xxxxdate. The promoter shall intimate the allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee, Xxxxxxxx the Allottee agrees that he/ she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE APARTMENT/PLOT. Schedule Schdule for possession of the said [Apartment/Plot]Apartment : The Promoter agrees and understands understand that timely delivery of possession of the [Apartment/Plot] Apartment is the essence of the Agreement. The Promoter, Promoter based on the approved plans and specifications. , assures to hand over possession of the [Apartment/Plot] Apartment on, 19 MONTH FROM 23.05.2023 unless ………….. Unless there is delay or failure due to war, flood, drought, fire, cyclone. , earthquake or any other calamity caused by nature affecting the regular development of the real real-estate project ("Force Majeure"), If, however, . If however the completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for of delivery of possession of the [Apartment/Plot], provided provide that such Force Majeure force majeure conditions are not of a nature which make it impossible for the contract to be implemented, . The Allottee agrees and confirms that, that in the event it becomes impossible for the Promoter to implement the project due to. Force Majeure to force majeure conditions, then this allotment shall stand terminated teminated and the Promoter shall refund to the. the Allottee the entire amount received by the Promoter from the allotment within 45 days from form that xxxxdate. After refund of the money paid by the AllotteeAllotee, Xxxxxxxx agrees that he/ he/she shall not have any rights, claims etc. against etcagsint the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE APARTMENT/PLOT. 7.1 Schedule for possession of the said [Apartment/Plot]: Flat :- The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] Flat 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, based on the approved plans and specifications. Promoter assures to hand over possession of the [Apartment/Plot] on, 19 MONTH FROM 23.05.2023 Flat along with ready and complete common areas with all specifications. amenities and facilities of the project in place on 31/08/2023 unless there is delay or failure 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 completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided Flat: Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented, . The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to. to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the. the Allottee the entire amount received by the Promoter from the allotment within 45 days from that xxxxdate. The promoter shall intimate the allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee, Xxxxxxxx the Allottee agrees that he/ she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

AutoNDA by SimpleDocs

POSSESSION OF THE APARTMENT/PLOT. 7.1. Schedule for possession of the said [Apartment/Plot]: Apartment – The Promoter agrees and understands that timely delivery thattimelydelivery of possession of the [Apartment/Plot] Apartment to the Allottee and the common areas to theassociation of Allottees or the competent authority, as the case may be, is the essence of the Agreementagreement. The Promoter, based on the approved plans and specifications. Promoter assures to hand over possession of the [Apartment/Plot] onApartment along with ready and completecommon areas with all specifications, 19 MONTH FROM 23.05.2023 amenities and facilities of the project in place on 30/09/2021 unless there is delay or failure due to war, floodfood, 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 completion of the Project is delayed due to the Force force Majeure conditions then the Allottee agrees that the Promoter promoter shall be entitled to the extension theextension of time for delivery of possession of the [Apartment/Plot], provided . Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract Contract to be implemented, . The Allottee agrees and confirms that, in the event it becomes impossible Impossible for the Promoter to implement the project due to. to Force Majeure conditionsConditions, then this allotment thisAllotment shall stand terminated and the Promoter promoter shall refund to the. the Allottee the entire amount received amountReceived by the Promoter promoter from the allotment within 45 days from that xxxxdate. After refund The promoter shall intimate the Allottee about such termination at least 30 days prior to such termination. AfterRefund of the money paid by the Allottee, Xxxxxxxx the Allottee agrees that he/ she shall not have any rights, claims etc. against Against the Promoter and that the Promoter shall be released and discharged from all its obligations itsObligations and liabilities under this Agreement.

Appears in 1 contract

Samples: 202.61.117.163

POSSESSION OF THE APARTMENT/PLOT. 7.1. Schedule for possession of the said [Apartment/Plot]: Apartment – The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] 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 Agreementagreement. The Promoter, based on the approved plans and specifications. Promoter assures to hand over possession of the [Apartment/Plot] onApartment along with ready and complete common areas with all specifications, 19 MONTH FROM 23.05.2023 amenities and facilities of the project in place on 30/09/2021 unless there is delay or failure due to war, floodfood, 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 completion of the Project is delayed due to the Force force Majeure conditions then the Allottee agrees that the Promoter promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided . Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract Contract to be implemented, . The Allottee agrees and confirms that, in the event it becomes impossible Impossible for the Promoter to implement the project due to. to Force Majeure conditionsConditions, then this allotment Allotment shall stand terminated and the Promoter promoter shall refund to the. the Allottee the entire amount received Received by the Promoter promoter from the allotment within 45 days from that xxxxdate. The promoter shall intimate the Allottee about such termination at least 30 days prior to such termination. After refund Refund of the money paid by the Allottee, Xxxxxxxx the Allottee agrees that he/ she shall not have any rights, claims etc. against Against the Promoter and that the Promoter shall be released and discharged from all its obligations Obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: 202.61.117.163

POSSESSION OF THE APARTMENT/PLOT. 7.1. Schedule for possession of the said [Apartment/Plot]: Apartment – The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] 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, based on the approved plans and specifications. Promoter assures to hand over possession of the [Apartment/Plot] onApartment along with ready and complete common areas with all specifications, 19 MONTH FROM 23.05.2023 amenities and facilities of the project in place on unless there is delay or failure 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 completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided . Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented, . The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to. to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the. the Allottee the entire amount received by the Promoter from the allotment within 45 days from that xxxxdate. The promoter shall intimate the allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee, Xxxxxxxx the Allottee agrees that he/ she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE APARTMENT/PLOT. 7.1 Schedule for possession of the said [Apartment/Plot]: Apartment- The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] 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, based on the approved plans and specifications. Promoter assures to hand over possession of the [Apartment/Plot] onApartment along with ready and complete common areas with all specifications, 19 MONTH FROM 23.05.2023 amenities and facilities of the project in place on 11.11.2020, unless there is delay or failure 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 completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided that such Force Majeure conditions are not of a nature nature, which make it impossible for the contract to be implemented, . The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to. to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the. the Allottee the entire amount received by the Promoter from the allotment within 45 days from that xxxxdate. The promoter shall intimate the allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee, Xxxxxxxx the Allottee agrees that he/ she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

Time is Money Join Law Insider Premium to draft better contracts faster.