Common use of POSSESSION OF THE PLOT Clause in Contracts

POSSESSION OF THE PLOT. (7.1.) Schedule for possession of the said Plot: The Promoter agrees and understands that timely delivery of possession of the plot to the Allottee is the essence of the Agreement. The Promoter assures to hand over possession of the plot on the day of registration of sale deed to the allottee unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to Force Majeure conditions. If, 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 plot, which made it impossible for the contract to be implemented as per schedule. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute 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 him for 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 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 PLOT. (7.1.) 6.1 Schedule for possession of the said Plot: Plot - The Promoter Seller agrees and understands that timely delivery of possession of the plot Plot to the Allottee is the essence of the Agreement. The Promoter assures to hand over possession of the plot on the day of registration of sale deed to the allottee Purchaser amenities and facility unless there is a delay or failure due to unavailability of construction material, labor, war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities by nature or due to legal complication affecting the regular development of the real estate project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee Purchaser agrees that the Promoter Seller shall be entitled to the extension of time, time for delivery of possession of the plotPlot, provided that such Force Majeure conditions are not of a nature, which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee Purchaser agrees and confirms that, in the event it becomes impossible for the Promoter Seller to execute implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter Seller shall refund to the Allottee Purchaser the entire amount received by him for the Seller from the allotment within 45 days from that date. The Promoter Seller shall intimate the Allottee Purchaser about such termination at least thirty days prior to such termination. After refund of the money paid by the AllotteePurchaser, the Allottee Purchaser agrees that he/ she shall not have any rights, claims etc. against the Promoter Seller and that the Promoter Seller shall be released and discharged from all its obligations and liabilities under this Agreement.

POSSESSION OF THE PLOT. (7.1.) 7.1 Schedule for possession of the said Plot: Plot - The Promoter Vendor agrees and understands that timely delivery of possession of the plot to the Allottee Plot is the essence of the Agreement. The Promoter Vendor, based on the approved plans and specifications assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee or before 16.08.2022 unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the real estate project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee Vendee agrees that the Promoter Vendor shall be entitled to the extension of time, time for delivery of possession of the plotPlot, provided that such Force Majeure conditions are not of a nature which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee Vendee agrees and confirms that, in the event it becomes impossible for the Promoter Vendor to execute implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter Vendor shall refund to the Allottee Vendee the entire amount received by him for the Vendor from the allotment within 45 ninety days from that datethe date of termination of Allotment. The Promoter Vendor shall intimate the Allottee Vendee about such termination at least thirty days prior to such termination. After refund of the money paid by the AllotteeVendee, the Allottee Vendee agrees that he/ he/she shall not have any rights, claims etc. against the Promoter Vendor and that the Promoter Vendor shall be released and discharged from all its obligations and liabilities under this Agreement.

POSSESSION OF THE PLOT. (7.1.) 7.1 Schedule for possession of the said Plot: Plot – The Promoter agrees and understands that timely delivery of possession of the plot Plot to the Allottee 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 hand over possession of the plot Plot on the day of registration of sale deed to the allottee , unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the real estate project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time, time for delivery of possession of the plotPlot, provided that such Force Majeure conditions are not of a nature, which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute 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 him for the Promoter from the 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 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 PLOT. (7.1.) 7.1 Schedule for possession of the said Plot: saidPlot - The Promoter Vendor agrees and understands that understandsthat timely delivery of possession of the plot to the Allottee is Plotis the essence of the Agreement. The Promoter Vendor, based on the approved plans and specifications assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee unless or before 31.01.2022unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the real estate project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee Vendee agrees that the Promoter Vendor shall be entitled to the extension of time, time for delivery of possession of the plotPlot, provided that such Force Majeure conditions are not of a nature which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee Vendee agrees and confirms that, in the event it becomes impossible for the Promoter Vendor to execute implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter Vendor shall refund to the Allottee Vendee the entire amount received by him for the Vendor from the allotment within 45 ninety days from that datethe date of termination of Allotment. The Promoter Vendor shall intimate the Allottee Vendee about such termination at least thirty days prior to such termination. .After refund of the money paid by the AllotteeVendee, the Allottee Vendee agrees that he/ he/she shall not have any rights, claims etc. against the Promoter Vendor and that the Promoter theVendor shall be released and discharged from all its obligations and liabilities under this Agreement.

POSSESSION OF THE PLOT. (7.1.) 6.1 Schedule for possession of the said Plot: Plot - The Promoter agrees and understands that timely delivery of possession of the plot Plot] to the Allottee is the essence of the Agreementallottee. The Promoter assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee Xxxxxxxxxx Residency , unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the real estate project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time, time for delivery of possession of the plot[Plot], provided that such Force Majeure conditions are not of a nature, which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute 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 him for the Promoter from the 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 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 PLOT. (7.1.) 6.1 Schedule for possession of the said Plot: Plot – The Promoter agrees and understands that timely delivery of possession of the plot Plot to the Allottee is the essence of the Agreementallottee. The Promoter assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee “LOTUS PARK” Residency / unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the real estate project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time, time for delivery of possession of the plotPlot, provided that such Force Majeure conditions are not of a nature, which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute 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 him for the Promoter from the 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 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 PLOT. (7.1.) 7.1 Schedule for possession of the said Plot: Plot - The Promoter agrees and understands that timely delivery of possession of the plot Plot to the Allottee aAllottee is the essence of the Agreement. The Promoter assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee or before agreed time, unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the real estate project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time, time for delivery of possession of the plotPlot, provided that such Force Majeure conditions are not of a nature, which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute 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 him for the Promoter from the allotment within 45 days from that datereasonable period. The Promoter 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 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 PLOT. (7.1.) 6.1 Schedule for possession of the said Plot: Plot – The Promoter agrees and understands that timely delivery of possession of the plot Plot to the Allottee is the essence of the Agreementallottee. The Promoter assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee Amar Kanatak Residency / unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the real estate project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time, time for delivery of possession of the plotPlot, provided that such Force Majeure conditions are not of a nature, which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute 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 him for the Promoter from the 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 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 PLOT. (7.1.) 6.1 Schedule for possession of the said Plot: Plot – The Promoter agrees and understands that timely delivery of possession of the plot Plot] to the Allottee is the essence of the Agreementallottee. The Promoter assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee LOTUS PARK / unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the real estate project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time, time for delivery of possession of the plot[Apartment/Plot], provided that such Force Majeure conditions are not of a nature, which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute 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 him for the Promoter from the 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 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 PLOT. (7.1.) Schedule for possession of the said Plot: The Promoter agrees and understands that timely delivery of possession of the plot to plotto the Allottee is Allotteeis the essence of the Agreement. The Promoter assures to hand over possession of the plot on the day of registration of sale deed to the allottee unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities naturalcalamities or due to Force Majeure conditions. If, 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 plot, which made it impossible for the contract to be implemented as per schedule. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute 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 him for himfor 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 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 PLOT. (7.1.) 9.1 Schedule for possession of the said Plot: -The Promoter agrees and understands that timely delivery of possession of the plot to the Allottee Plot is the essence of the Agreement. The Promoter Promoter, based on the approved plans and specifications, assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee or before 12.06.2024, unless there is a delay or failure due to any court/Authority order, war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time, time for delivery of possession of the plotPlot, provided that such Force Majeure conditions are not of a nature which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute 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 him for the allotment Promoter from the Allottee within 45 ninety (90) days from that date. The Promoter shall intimate the Allottee about such date of termination at least thirty days prior to such terminationof allotment. After refund of the money paid by the Allottee, 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.

POSSESSION OF THE PLOT. (7.1.) 7.1 Schedule for possession of the said Plot: Plot - The Promoter Vendor agrees and understands that timely delivery of possession of the plot to the Allottee Plot is the essence of the Agreement. The Promoter Vendor, based on the approved plans and specifications assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee or before 31.12.2019 unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the real estate project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee Vendee agrees that the Promoter Vendor shall be entitled to the extension of time, time for delivery of possession of the plotPlot, provided that such Force Majeure conditions are not of a nature which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee Vendee agrees and confirms that, in the event it becomes impossible for the Promoter Vendor to execute implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter Vendor shall refund to the Allottee Vendee the entire amount received by him for the Vendor from the allotment within 45 ninety days from that datethe date of termination of Allotment. The Promoter Vendor shall intimate the Allottee Vendee about such termination at least thirty days prior to such termination. After refund of the money paid by the AllotteeVendee, the Allottee Vendee agrees that he/ he/she shall not have any rights, claims etc. against the Promoter Vendor and that the Promoter Vendor shall be released and discharged from all its obligations and liabilities under this Agreement.

POSSESSION OF THE PLOT. (7.1.) 7.1 Schedule for possession of the said Plot: Plot - The Promoter agrees and understands that timely delivery of possession of the plot to the Allottee Plot is the essence of the Agreement. The Promoter Promoter, based on the approved plans and specifications, assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee or before 31-07-2024 , unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the real estate Promoter: For Nature Health Farms Private Limited Allottee(s): project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time, time for delivery of possession of the plotPlot, provided that such Force Majeure conditions are not of a nature which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute 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 him for the Promoter from the allotment within 45 ninety days from that date. The Promoter shall intimate the Allottee about such date of termination at least thirty days prior to such terminationof allotment. After refund of the money paid by the Allottee, 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.

POSSESSION OF THE PLOT. (7.1.) 6.1 Schedule for possession of the said Plot: Plot – The Promoter agrees and understands that timely delivery of possession of the plot Plot] to the Allottee is the essence of the Agreementallottee. The Promoter assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee Lotus Park _, unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the real estate project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time, time for delivery of possession of the plotPlot provided that such Force Majeure conditions are not of a nature, which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute 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 him for the Promoter from the 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 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 PLOT. (7.1.) 7.1 Schedule for possession of the said Plot: The Promoter agrees and understands that timely delivery of possession of the plot Plot to the Allottee is the essence of the Agreement. The Promoter based on the approved plans and specifications, assures to hand over possession of the plot Plot on the day of registration of sale deed to the allottee or before 31 December 2023, unless there is a delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused due to natural calamities or due to by nature affecting the regular development of the Project (“Force Majeure conditionsMajeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions, conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time, time for delivery of possession of the plot, Plot. Provided that such Force Majeure conditions are not of a nature which made make it impossible for the contract to be implemented as per scheduleimplemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to execute implement the project 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 him for the Promoter from the allotment within 45 (forty five) days from that date. The Promoter shall intimate the Allottee about such termination at least thirty 30 (thirty) days prior to such termination. After refund of the money paid by the Allottee, the Allottee agrees that he/ she he/she/they/it 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.