Retained Area Sample Clauses

Retained Area. The Owner has informed and the Allottee(s) hereby confirms and acknowledges that the Owner may, at the Owner’s sole and absolute discretion, decide to construct, install and provide certain amenities as may be so decided by the Owner (hereinafter referred to as the "Retained Area") in the Said Premises which, if so constructed, and/or installed, shall not be available for use and enjoyment of the allottees of the Project and the same shall be in the manner as may be decided by the Owner and the Allottee(s) shall not object to the same in any manner whatsoever. The Allottee(s) shall not be entitled to use, access such Retained Areas, but if allowed to use the same subject to the rules, regulations / guidelines framed by the Owner and the Allottee is aware that the Retained Area shall not form part of the Declaration required under the West Bengal Apartment Ownership Act as and when association of allottees in respect of the Project is being made. The Allottee(s) xxxxxx confirms and acknowledges that the Retained Areas shall be managed/ controlled by the Owner and or its nominees. The Allottee nor the association of allottees shall have or claim any manner or nature of right and/ or title and/ or interest to/over/in respect of any of the parts and portions of the Retained Area and the Allottee covenant(s) and undertake(s) not to at any time claim, set up, make, raise etc. any manner/ nature of claim, demand or action contrary to the aforesaid. The said retained area in the proposed building and project will be highlighted by the permanent blue marking border line with and will be protected by steel made fence netting. Here the lift machine room top is reserved as a “Retained Area" of owners for installation of solar panel for their private alternative electricity.
AutoNDA by SimpleDocs
Retained Area. Portion of Contracted Area where the Contractor made one or more Discoveries and expressed its interest to retain the Discoveries contained therein in accordance with the provisions of 4.11 of this Agreement;
Retained Area. The Owner has earmarked certain constructed areas and/or facilities and amenities in the Complex as morefully described in the Seventh Schedule hereunder written ("Retained Area") which shall be available for use and enjoyment of certain occupants of the Complex to the exclusion of others or to the use and enjoyment of all the occupants, as the case may be, as may be decided by the Owner at the Owner’s sole and absolute discretion and the Purchaser shall not object to the same in any manner whatsoever. The Purchaser shall, in case the Purchaser is permitted to use such Retained Area by the Owner shall be entitled to use such Retained Areas, subject, however, to the Purchaser observing and/or complying with to the rules, regulations / guidelines framed by the Owner. All of such Retained Area shall not form part of the Declaration required to be submitted under the West Bengal Apartment Ownership Act as and when the Association in respect of the Complex is being formed. The Purchaser hereby confirms and acknowledges that the Retained Areas shall be managed/ controlled by the Owner and or its nominees. The Purchaser nor the Association shall have or claim any manner or nature of right and/ or title and/ or interest to/over/in respect of any of the parts and portions of the Retained Area and the Purchaser covenant(s) and undertake(s) not to at any time claim, set up, make, raise etc. any manner/ nature of claim, demand or action contrary to the aforesaid.
Time is Money Join Law Insider Premium to draft better contracts faster.