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

PROMOTER SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Promoter executes this Agreement save and except as may be required to obtain construction finance, the Promoter shall not mortgage or create a charge on the said Row Bungalow 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 Row Bungalow.

PROMOTER SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Promoter executes this Agreement save and except as disclosed herein or as may be required to obtain construction finance, the Promoter he shall not mortgage or create a charge on the said Row Said Bungalow 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 Row Bungalow.

PROMOTER SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Promoter executes this Agreement save and except as may be required to obtain construction financeagreement, the Promoter it shall not mortgage or create a charge on the said Row Bungalow flat/apartment, which is a subject matter of this agreement, and if any such mortgage or charge is made or created 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 Row BungalowFlat/Apartment.

PROMOTER SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Promoter executes this Agreement save and except as may be required to obtain construction finance, the Promoter he shall not mortgage or create a charge on the said Row Bungalow 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 Row BungalowApartment.