Prior Written Permission and Tripartite Agreement Sample Clauses

Prior Written Permission and Tripartite Agreement. In respect of any nomination, the Allottee shall obtain prior permission of the Promoter and the Allottee and the nominee shall be bound to enter into a tripartite agreement with the Promoter and the Allottee.
AutoNDA by SimpleDocs
Prior Written Permission and Tripartite Agreement. In respect of any nomination, the Buyer shall obtain prior permission of the Vendor and the Buyer and the nominee shall be bound to enter into a tripartite agreement with the Vendor and the Buyer.
Prior Written Permission and Tripartite Agreement. In respect of any nomination, the Allottee(s) shall obtain prior permission of the Promoter and the Allottee(s) and the nominee shall be bound to enter into a tripartite agreement with the Promoter and the Allottee(s). The Allottee(s) agree(s) and understand(s) that all the standard fitting, interiors, furniture and fixtures provided and dimension of the show/model commercial Unit exhibited at the site only provides a representative idea and the actual Apartment agreed to be constructed will be as per specifications mentioned in this agreement in Part II of the Second Schedule and the same may not include the fittings and fixtures of the model unit and even if such fittings and fixtures are provided they may vary as to make, colour, shade, shape and appearance from the ones provided in the model unit and the Allottee(s) shall not be entitled to raise any claim for such variation. In the event of the Allottee(s) obtaining any financial assistance and/or housing loan from any bank/ financial institution the Promoter shall act in accordance with the instructions of the bank/ financial institution in terms of the Agreement between the Allottee(s) and the Bank/ financial institution, SUBJECT HOWEVER the Promoter being assured of all amounts being receivable for sale and transfer of the said Apartment and in no event the Promoter shall assume any liability and/or responsibility for any loan and/or financial assistance which may be obtained by the Allottee(s) from such bank/ Financial Institution. In case payment is made by any third party on behalf of Allottee(s), the Promoter will not be responsible towards such third party making such payment/remittances on behalf of the Allottee(s) and such third party shall not have any right in the Apartment, if any, in any manner whatsoever and the Promoter shall issue the payment receipts in the name of the Allottee(s) only. In the event of any change in the specifications necessitated on account of any Force Majeure events or to improve or protect the quality of construction, the Promoter, on the recommendations of the Architect, shall be entitled to effect such changes in the materials and specifications provided the Promoter shall ensure that the cost and quality of the substituted materials or specifications is equivalent or higher than the quality and cost of materials of specifications mentioned in the Part II of the Second Schedule. If due to any act, default or omission on the part of the Allottee(s), the Promoter...
Prior Written Permission and Tripartite Agreement. In respect of any nomination, the Allottee/Purchaser shall obtain prior permission of the VENDOR/ DEVELOPER/LANDOWNER No. 2/PROMOTER No. 2 and the Allottee/Purchaser and the nominee shall be bound to enter into a tripartite agreement with the VENDOR/DEVELOPER/LANDOWNER No. 2/PROMOTER No. 2 and the Allottee/ Purchaser.
Prior Written Permission and Tripartite Agreement. In respect of any nomination, the First party shall obtain prior permission of the Promoter and the First party and the nominee shall be bound to enter into a tripartite agreement with the Promoter and the First party.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!