Common use of POSSESSION OF THE FLAT Clause in Contracts

POSSESSION OF THE FLAT. 6.1 Schedule for possession of the said [Flat] – The Promoter agrees and understands that timely delivery of possession of the 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 assures to handover possession of the 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 effecting the regular development of the real estate project (“Force Majeure”). If, however, the completion of 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 Flat. Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) 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(s) the entire amount received by the Promoter from the Allotment within 45 days from that date. 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, the Allottee agreed that he/ she shall not have any rights, claims etc. against the Promoter and the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

POSSESSION OF THE FLAT. 6.1 7.1 Schedule for possession of the said [Flat] – : The Promoter Developer agrees and understands that timely delivery of possession of the Flat to the Allottee flat and the common areas to the Association of allottees or the competent authority, as the case may be, __ ( _) Medium size four-xxxxxxx open/covered parking space is the essence of the Agreement. The Promoter Developer, based on the approved plans and specifications, assures to handover hand over possession of the Flat along with ready flat and complete common areas with all specifications, amenities and facilities of the Project in place on----- ----------------- _ _ ( ) Medium size four-xxxxxxx open/covered parking space on / /20 unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting 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 Purchaser agrees that the Promoter Developer shall be entitled to the extension of time for delivery of possession of the Flat. Provided flat and __ ( ) Medium size four-xxxxxxx open/covered parking space, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) Purchaser agrees and confirms that, in the event it becomes impossible for the Promoter Developer to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter Developer shall refund to the Allottee(s) Purchaser the entire amount received by the Promoter Developer from the Allotment allotment within 45 days from that date. 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 AllotteePurchaser, the Allottee agreed Xxxxxxxxx agrees that he/ she she/they/it shall not have any rights, claims etc. against the Promoter Vendor/Developer and that the Promoter Vendor/ Developer shall be released and discharged from all its obligations and liabilities under this Agreement.

POSSESSION OF THE FLAT. 6.1 7.1 Schedule for possession of the said [Flat] – flat - The Promoter agrees and understands that timely delivery of possession of the Flat flat to the Allottee allottee and the common areas to the Association association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to handover hand over possession of the Flat flat along with ready and complete common areas with all specifications, amenities and facilities of the Project 1st phase of the project in place on----- ----------------- on 31/03/2018, unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting 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 Flat. Provided flat, provided that such Force Majeure conditions are not of a nature nature, which make it impossible for the contract to be implemented. The Allottee(s) 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(s) Allottee the entire amount received by the Promoter from the Allotment allotment within 45 days from that date. The Promoter promoter shall intimate the Allottee allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee, the Allottee agreed 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.

POSSESSION OF THE FLAT. 6.1 Schedule for possession of the said [Flat] – The Promoter FLAT and CAR PARKING SPACES]theDeveloper agrees and understands that timely delivery of possession of the Flat to the Allottee [FLAT and the common areas to the Association of allottees or the competent authority, as the case may be, CAR PARKING SPACES] is the essence of the Agreement. The Promoter Developer, based on the approved plans and specifications, assures to handover hand over possession of the Flat along with ready and complete common areas with all specifications[Apartment/Flat] on 36(Thirty Six) months from the date of execution of this agreement, amenities and facilities of the Project in place on----- ----------------- unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting 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 Flat. 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(s) Allottee agrees and confirms that, in the event it becomes impossible for the Promoter Developer to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter Developer shall refund to the Allottee(s) Allottee the entire amount received by the Promoter from the Allotment allotment within 45 days from that date. 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, the Allottee agreed 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.

POSSESSION OF THE FLAT. 6.1 PARKING 7.1 Schedule for possession of the said [Flat] – Flat & Parking: The Promoter Vendors/Developer agrees and understands that timely delivery of possession of the Flat to the Allottee and the common areas to the Association of allottees or the competent authority, as the case may be, & Parking is the essence of the Agreement. The Promoter Vendors/Developer, based on the approved plans and specifications, assures to handover hand over possession of the Flat along with ready & Parking as mentioned in this agreement in livable condition within .......................... , and would subsequently complete common areas with all specifications, amenities and facilities of the Project in place on----- ----------------- unless project as per the plan within 31st March,2031,unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project (“"Force Majeure”). IfMajeure").If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee Allottee(s) agrees that the Promoter Vendors/Developer shall be entitled been titled to the extension of time for delivery of possession of the Flat. Provided Flat & Parking, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agrees and confirms that, in the event it becomes impossible for the Promoter Vendors/Developer to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter Vendors/Developer shall refund to the Allottee(s) the entire amount received by the Promoter from the Allotment within 45 days from that date. The Promoter shall intimate the Allottee about such termination at least thirty days prior to such terminationVendors/Developer. After refund of the money paid by the AllotteeAllottee(s), the Allottee agreed Xxxxxxxx(s) agrees that he/ she shall not have any rights, claims etc. against the Promoter Vendors/Developer and that the Promoter Vendors/Developer shall be released and discharged from all its obligations and liabilities under this Agreement.

POSSESSION OF THE FLAT. 6.1 7.1 Schedule for possession of the said [Flat] – flat - The Promoter agrees and understands that timely delivery of possession of the Flat flat to the Allottee allottee and the common areas to the Association association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to handover hand over possession of the Flat flat along with ready and complete common areas with all specifications, amenities and facilities of the Project 2nd Phase of the project in place on----- ----------------- on 31/03/2018, unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting 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 Flat. Provided flat, provided that such Force Majeure conditions are not of a nature nature, which make it impossible for the contract to be implemented. The Allottee(s) 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(s) Allottee the entire amount received by the Promoter from the Allotment allotment within 45 days from that date. The Promoter promoter shall intimate the Allottee allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee, the Allottee agreed 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.

POSSESSION OF THE FLAT. 6.1 7.1 Schedule for possession of the said [FlatApartment] – - The Promoter agrees and understands that timely delivery of possession of the Flat flat to the Allottee allottee and the common areas to the Association association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to handover hand over possession of the Flat flat along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on----- ----------------- on January 2020 unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting 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 Flat. Provided [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(s) 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(s) Allottee the entire amount received by the Promoter from the Allotment allotment within 45 days from that date. The Promoter promoter shall intimate the Allottee allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee, the Allottee agreed 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.