Possession of Unit Sample Clauses

Possession of Unit. Buyer cannot use or take possession of or allow anyone else to enter into the Unit for any reason until the Condominium Unit Deed has been recorded by Escrow and the Unit has been inspected by Buyer. Delivery of possession of the Unit to Buyer will take place when Xxxxxx tells Xxxxx that Xxxxx may take possession of the Unit or when Seller makes the Unit keys available for pick-up by Buyer.
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Possession of Unit. The Developer shall give possession of the said Unit to the Unit Purchaser/s on or before --/--/201—after receiving all the dues payable by the Unit Purchaser/s, to the Developer, if any. However, Unit Purchaser/s will not be entitled to claim or get the possession of his/her/their Unit till he/she/they rectify breach, if any, of any of the terms presents. The unit purchaser shall take the possession within 15 days or any additional period of days as may be allowed by the Developer from the date of intimation from the Developer that the said unit is ready for occupation, failing which the unit purchaser shall be liable to pay Rs. /- per sq.ft. per month towards the maintenance of the said unit. In pursuance of these presents if the Developer fail or neglect to give possession of the Unit to the Unit Purchaser/s on account of reasons beyond their and/or their agents control as per the provisions of section 8 of Maharashtra Ownership Flat Act, and provisions of Real Estate (Regulations and Development) Act, then Purchaser/s shall have right to terminate this Agreement and the Developer shall be liable on demand to refund to the Purchaser the amount received by them in respect of the Unit along with interest as prescribed under the Rules i.e. the State Bank of India Highest marginal cost of lending rate plus 2 % from the date the Developer has received the sum till the date the amount and interest is repaid. If the Unit Purchaser/s does/do not intent to withdraw from the project then the Developer shall pay the interest as specified in the rule on all the amounts paid by the Unit Purchaser/s every month of delay, till the handing over the possession. The Purchaser shall take possession of the said Premises within fifteen days of the Developer giving written notice to the Purchaser intimating the said Premises is ready for use and occupation, failing which the Flat/Shop/Office Purchaser shall be liable to pay Rs. /- per sq. ft. per month towards the maintenance of the said Accommodation/Unit. Provided that the Developer shall be entitled to reasonable extension of time for giving possession of said Unit on the aforesaid date, if the completion of building in which the Unit is to be situated is delayed on account of: (i) War, civil commotion or local riots, heavy rain fall, fire, or act of God. (ii) Any notice, order, rules, notification of the Government and / or public or Competent Authority including the authorities under the Urban Land (Ceiling and Regulati...
Possession of Unit. 2.1 In consideration of You making the payments to the Company under clause 1, the Company agrees to grant possession of the Unit to You commencing on the first weekly payment date and expiring on the final payment date as set out in the Disclosure Statement unless earlier terminated pursuant to clause 16.
Possession of Unit. 3.1 Manager is authorized to: a. Show Unit to prospective guests; b. Enter Unit for the purpose of this agreement; and c. Transfer occupancy to guests under reservations. 3.2 A guest, during the period of occupancy under a reservation entered into by Manager, can expect Owner will not enter Unit or otherwise disturb the guest without prior written consent from Manager. 3.3 Owner reserves the right to occupy and use Unit for other than rental purposes, except for periods during which Manager has entered into reservations of Unit with guests. a. Owner will not exercise his right to occupy without first giving Manager a written seven-day notice of intent to occupy and the period of occupancy. b. Should Owner interfere with a guest’s reservation entered into by Manager without Manager’s prior consent, Owner will on demand pay any and all costs incurred by Manager to transfer the guest to suitable replacement accommodations.
Possession of Unit. Operator shall have the right and authority to enter and take possession of the subject Unit or to show the Unit to prospective renters for all purposes consistent with the rental operation thereof and to accomplish its duties hereunder. The re-keying of the units to the electronic resort system will be performed by the Operator and the cost will be charged to the Owner. Owner shall not change the locks from this system.
Possession of Unit. Owner acknowledges and agrees that Manager shall have the right and authority to enter and take possession of the subject Unit or to show the Unit to prospective renters for all purposes consistent with the rental operation thereof and to accomplish its duties hereunder.

Related to Possession of Unit

  • Possession of Property Possession of the Property free and clear of all uses and encroachments, except the Permitted Exceptions, shall be delivered to Purchaser at closing.

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