Common use of Process Following Permission Clause in Contracts

Process Following Permission. If the Developer grants permission, then and in such event and as a condition precedent to granting of such permission (1) the Buyer shall make payment of all dues of the Developer in terms of this Agreement, up to the time of nomination (2) the Buyer shall pay to the Developer 1% (one percent) of the market price of the Said Flat And Appurtenances prevailing at that time (as be determined by the Developer) as Transfer Charge (3) the Buyer shall pay to the Developer documentation charge of Rs.10,000/- (Rupees ten thousand) for documentation of the nomination (4) the Buyer and the Nominee shall enter into a multi-party agreement with the Developer and the Owners, for recording such nomination and (5) simultaneously with the execution of the aforesaid multi-party agreement, the Nominee shall enter into a fresh agreement with the Owners and the Developer, identical to this Agreement.

Process Following Permission. If the Developer grants permission, then and in such event and as a condition precedent to granting of such permission (1) the Buyer Buyers shall make payment of all dues of the Developer in terms of this Agreement, up to the time of nomination (2) the Buyer Buyers shall pay to the Developer 12% (one two percent) of the market price of the Said Flat Unit And Appurtenances prevailing at that time (as be determined by the Developer) as Transfer Charge (3) the Buyer Buyers shall pay to the Developer documentation charge an additional legal fee of Rs.10,000/- (Rupees ten thousand) to the Legal Advisor for documentation of the nomination (4) the Buyer Buyers and the Nominee shall enter into a multi-party agreement with the Developer and the Owners, for recording such nomination and (5) simultaneously with the execution of the aforesaid multi-party agreement, the Nominee shall enter into a fresh agreement with the Owners and the Developer, identical to this Agreement.

Process Following Permission. If the Developer grants permission, then and in such event and as a condition precedent to granting of such permission (1) the Buyer shall make payment of all dues of the Developer in terms of this Agreement, up to the time of nomination (2) the Buyer shall pay to the Developer 12% (one two percent) of the market price of the Said Flat Unit And Appurtenances prevailing at that time (as be determined by the Developer) as Transfer Charge (3) the Buyer shall pay to the Developer documentation charge an additional legal fee of Rs.10,000/- (Rupees ten thousand) to the Legal Advisor for documentation of the nomination (4) the Buyer and the Nominee shall enter into a multi-party agreement with the Developer and the Owners, for recording such nomination and (5) simultaneously with the execution of the aforesaid multi-party agreement, the Nominee shall enter into a fresh agreement with the Owners and the Developer, identical to this Agreement.

Process Following Permission. If the Developer grants permission, then and in such event and as a condition precedent to granting of such permission (1) the Buyer Buyers shall make payment of all dues of the Developer in terms of this Agreement, up to the time of nomination (2) the Buyer Buyers shall pay to the Developer 12% (one two percent) of the market price of the Said Flat And Appurtenances prevailing at that time (as be determined by the Developer) as Transfer Charge (3) the Buyer Buyers shall pay to the Developer documentation charge an additional legal fee of Rs.10,000/- (Rupees ten thousand) to the Legal Advisor for documentation of the nomination (4) the Buyer Buyers and the Nominee shall enter into a multi-party agreement with the Developer and the Owners, for recording such nomination and (5) simultaneously with the execution of the aforesaid multi-party agreement, the Nominee shall enter into a fresh agreement with the Owners and the Developer, identical to this Agreement.