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

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he shall not mortgage or create a charge on the Apartment/Building 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/Building.

Appears in 21 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

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PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he the Promoter shall not any further mortgage or create a any further charge on the Apartment/Building 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/Building.

Appears in 9 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he shall not mortgage or create a charge on the Apartment/Building 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/Building.

Appears in 6 contracts

Samples: Agreement for Sale, Seerule9] Agreement, Agreement for Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he shall not mortgage or create a charge on the [Apartment/Building Plot/ Building] 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/Plot/Building].

Appears in 4 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement of Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he the Promoter shall not mortgage or create a charge on the Apartment/Building Said Unit 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/BuildingSaid Unit .

Appears in 3 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he shall not mortgage or create a charge on the [Apartment/Building Plot/Building] 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/Plot/Building].

Appears in 2 contracts

Samples: Agreement for Sale, 202.61.117.163

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. 19.1 After the Promoter executes this Agreement he Agreement, they shall not mortgage or create a charge on the Apartment/Building and Said Unit, and, if any any, such mortgage or charge is made or created then notwithstanding not withstanding 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/BuildingUnit.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he the Promoter shall not mortgage or create a charge on the Apartment/Building 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/Building.

Appears in 1 contract

Samples: Agreement for Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes execute this Agreement he Agreement, the Promoter shall not create any further mortgage or create a any further charge on the Apartment/Building 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/Building.

Appears in 1 contract

Samples: Agreement for Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he shall not mortgage or create a charge on the Apartment/Flat/ Building 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 Purchaser who has taken or agreed to take such Apartment/BuildingFlat.

Appears in 1 contract

Samples: Agreement for Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement Agreement, he shall not mortgage or create a charge on the Apartment/Building Apartment and if any ifany 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/BuildingAllotteewhohastakenoragreedtotakesuchApartment.

Appears in 1 contract

Samples: Seerule9] Agreement

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he shall not mortgage or create a charge on the [Apartment/Building Unit/ Building] 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/Unit/Building].

Appears in 1 contract

Samples: Agreement

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PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement Agreement, he shall not mortgage or create a charge on the [Apartment/Building Plot/Building] 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/Plot/Building].

Appears in 1 contract

Samples: Annexure'A'

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he shall not mortgage or create a charge on the [Apartment/Building Plot/Building] 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/Building].

Appears in 1 contract

Samples: Agreement for Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he shall not mortgage or create a charge on the Apartment/Building 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/Plot/Building].

Appears in 1 contract

Samples: Agreement for Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. 19.1 After the Promoter executes this Agreement he Agreement, they shall not mortgage or create a charge on the Apartment/Building and Said Unit, and, if any any, such mortgage or charge is made or created then notwithstanding anything any thing 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/BuildingUnit.

Appears in 1 contract

Samples: 202.61.117.163

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he it shall not mortgage or create a charge on the Apartment/Building 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/Building.

Appears in 1 contract

Samples: Agreement for Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes this Agreement he shall not mortgage or create a charge on the [Apartment/Building Plot/ Building] 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/[Apartment/ Plot/ Building].

Appears in 1 contract

Samples: Agreement for Sale

PROMOTER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Promoter executes execute this Agreement he Agreement, the Promoter shall not create any further mortgage or create a any further charge on the Apartment/Building 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/Building...

Appears in 1 contract

Samples: Agreement for Sale

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