Common use of PROMOTER SHALL NOT MORTGAGE OR CREAT A CHARGE Clause in Contracts

PROMOTER SHALL NOT MORTGAGE OR CREAT A CHARGE. After the Promoter executes this Agreement he shall not mortgage or create a charge on the Apartment and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has taken or agreed to take such Apartment.

Appears in 14 contracts

Samples: Sale Agreement, Agreement for Sale, Sale Agreement

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PROMOTER SHALL NOT MORTGAGE OR CREAT A CHARGE. After the Promoter executes this Agreement Agreement, he shall not mortgage or create a charge on the Apartment and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest andinterest of the Allottee who has taken or agreed to take such Apartment.

Appears in 1 contract

Samples: Sale Agreement

PROMOTER SHALL NOT MORTGAGE OR CREAT A CHARGE. After the Promoter executes execution of this Agreement he Agreement, the promoter shall not mortgage or create a charge on the Apartment and if any such mortgage or charge is made or created then than notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right rights and interest of the Allottee allottee who has taken or agreed to take such Apartmentapartment.

Appears in 1 contract

Samples: Transfer Agreement

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PROMOTER SHALL NOT MORTGAGE OR CREAT A CHARGE. β€Œ After the Promoter executes this Agreement he shall not mortgage or create a charge on the Apartment and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has taken or agreed to take such Apartment.

Appears in 1 contract

Samples: Sale Agreement

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