Schedule for possession of the said. Xxxxx –The Promoter agrees and understands that timely delivery of possession of the said Villa to the Allottee(s) and the common areas to the Association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to handover possession of the said Villa along with ready and complete common areas with all specifications, amenities and facilities of the Project in place on ---------------------- unless there is delay or failure due to war, flood, drought, fire, cyclone earthquake or any other calamity caused by nature effecting the regular development of the real estate project (“Force Majeure”). If, however, the completion of Project is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) that the Promoter shall be entitled to the extension of time for delivery of possession of the said Villa. Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) and confirm(s) that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee(s) the entire amount received by the Promoter from the Allotment within 45 days from that date. The Promoter shall intimate the Allottee(s) about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s), the Allottee(s) agreed that he/ she/they shall not have any rights, claims etc. against the Promoter and the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Sale Agreement
Schedule for possession of the said. Xxxxx –Apartment - The Promoter agrees and understands that timely delivery of possession of the said Villa Apartment to the Allottee(s) Allottee and the common areas to the Association of allottees or the competent authority, as the case may be, Allottees is the essence of the Agreement. The Promoter assures to handover hand over possession of the said Villa Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on ---------------------- within 30th June 2030, unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project (“"Force Majeure”"). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the said Villa. Apartment, Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) Allottee agrees and confirm(s) confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee(s) Allottee the entire amount received by the Promoter from the Allotment allotment within 45 days from that date. The Promoter shall intimate the Allottee(s) Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s)Allottee, the Allottee(s) agreed Allottee agrees that he/ she/they she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Sale Agreement
Schedule for possession of the said. Xxxxx –Apartment: The Promoter agrees and understands that timely delivery of possession of the said Villa Apartment to the Allottee(s) allottee and the common areas to the Association association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to handover hand over possession of the said Villa Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on ---------------------- …………………………………………, unless there is delay or of failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project (“Force Majeure”). If, If however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the said VillaApartment. Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) Allottee agrees and confirm(s) confirms that, in the event it becomes impossible for the Promoter to implement the project Project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee(s) Allottee the entire amount received by the Promoter from the Allotment allotment within 45 days from that date. The Promoter shall intimate the Allottee(s) about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s)Allottee, the Allottee(s) agreed Xxxxxxxx agrees that he/ shehe/they she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Sale Agreement
Schedule for possession of the said. Xxxxx –Apartment - The Promoter agrees and understands that timely delivery of possession of the said Villa Apartment to the Allottee(s) Allottee and the common areas to the Association of allottees or the competent authority, as the case may be, Allottees is the essence of the Agreement. The Promoter assures to handover hand over possession of the said Villa Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on ---------------------- within 31st December 2027, unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project (“"Force Majeure”"). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the said Villa. Apartment, Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) Allottee agrees and confirm(s) confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee(s) Allottee the entire amount received by the Promoter from the Allotment allotment within 45 days from that date. The Promoter shall intimate the Allottee(s) Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s)Allottee, the Allottee(s) agreed Allottee agrees that he/ she/they she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Sale Agreement
Schedule for possession of the said. Xxxxx –Unit - The Promoter No.2 agrees and understands that timely delivery of possession of the said Villa Said Unit to the Allottee(s) Allottee and the common areas Common Areas to the Association association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter No.2 assures to handover hand over possession of the said Villa Said Unit along with ready and complete common areas Common Areas with all specifications, amenities and facilities of the Project Complex in place on ---------------------- February, 2021, unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project Complex (the “Force MajeureFORCE MAJEURE”). If, however, the completion of Project the Complex is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) Allottee agrees that the Promoter No.2 shall be entitled to the extension of time for delivery of possession of the said Villa. Provided Complex, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) Allottee agrees and confirm(s) confirms that, in the event it becomes impossible for the Promoter No.2 to implement the project Complex due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter No.2 shall refund to the Allottee(s) Allottee the entire amount received by the Promoter No.2 from the Allotment allotment within 45 days from that date. The Promoter No.2 shall intimate the Allottee(s) Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s)Allottee, the Allottee(s) agreed Allottee agrees that he/ she/they the Allottee shall not have any rights, claims etc. against the Promoter No.2 and that the Promoter No.2 shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Sale Agreement
Schedule for possession of the said. Xxxxx –APARTMENT: The Promoter agrees and understands that timely delivery of possession of the said Villa [Apartment] to the Allottee(s) Allottees and the common areas to the Association of allottees Allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to handover possession of the said Villa [Apartment/ Plot] along with ready and complete common areas with all specifications, amenities and facilities of the Project in place on ---------------------- 31st. December, 2025 unless there is delay or failure due to war, flood, drought, fire, pandemic, cyclone earthquake or any other calamity caused by nature effecting the regular development of the real estate project (“Force Majeure”). If, however, the completion of Project is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) Allottees agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the said VillaApartment. Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) Allottees agrees and confirm(s) confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee(s) Allottees the entire amount received by the Promoter from the Allotment within 45 days from that date. The Promoter shall intimate the Allottee(s) Allottees about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s)Allottees, the Allottee(s) Allottees agreed that he/ she/they she shall not have any rights, claims etc. against the Promoter and the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Sale Agreement
Schedule for possession of the said. Xxxxx –Unit - The Promoter agrees and understands that timely delivery of possession of the said Villa Said Unit to the Allottee(s) Allottee and the common areas Common Areas to the Association association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to handover hand over possession of the said Villa Said Unit along with ready and complete common areas Common Areas with all specifications, amenities and facilities of the Project Phase - I in place on ---------------------- the expiry of __ ( ) months from the date of this agreement within a grace period of three months from that date, unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project Phase - I (the “Force MajeureFORCE MAJEURE”). If, however, the completion of Project the Phase - I is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the said Villa. Provided Said Unit, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) Allottee agrees and confirm(s) confirms that, in the event it becomes impossible for the Promoter Promoters to implement the project Phase - I due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee(s) Allottee the entire amount received by the Promoter from the Allotment date of allotment within 45 days from that date. The Promoter shall intimate the Allottee(s) Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s)Allottee, the Allottee(s) agreed Allottee agrees that he/ she/they the Allottee shall not have any rights, claims etc. against the Promoter (and/or the other two Promoters) and that the Promoter (as also the other two Promoters) shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Agreement for Sale
Schedule for possession of the said. Xxxxx –Unit - The Promoter agrees and understands that timely delivery of possession of the said Villa Unit to the Allottee(s) Allottee and the common areas to the Association of allottees or the competent authority, as the case may be, Allottees is the essence of the Agreement. The Promoter assures to handover hand over possession of the said Villa Unit along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on ---------------------- within 30th June 2025, unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project (“"Force Majeure”"). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the said Villa. Unit, Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) Allottee agrees and confirm(s) confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee(s) Allottee the entire amount received by the Promoter from the Allotment allotment within 45 days from that date. The Promoter shall intimate the Allottee(s) Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s)Allottee, the Allottee(s) agreed Allottee agrees that he/ she/they she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Sale Agreement
Schedule for possession of the said. Xxxxx –Apartment: The Promoter agrees and understands that timely delivery of possession of the said Villa Apartment to the Allottee(s) allottee and the common areas to the Association association of allottees or the competent authorityCompetent Authority, as the case may be, is the essence of the Agreement. The Promoter Promoter, based on the approved plans and specifications, assures to handover hand over possession of the said Villa along with ready Apartment to the allottee and complete the common areas with all specificationsto the association of allottees or the Competent Authority, amenities and facilities of as the Project in place case may be, on ---------------------- 31-10-2027, unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the said Villa. Provided Apartment to the allottee and the common areas to the association of allottees or the Competent Authority, as the case may be, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) Allottee agrees and confirm(s) confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee(s) Allottee the entire amount received by the Promoter from the Allotment allotment within 45 days from that date. The Promoter date and the promoter shall intimate the Allottee(s) Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s)Allottee, the Allottee(s) agreed Xxxxxxxx agrees that he/ she/they she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Agreement for Sale
Schedule for possession of the said. Xxxxx –[Schedule - “B” Property] : The Promoter Promoter/ Owner agrees and understands that timely delivery of possession of the said Villa to the Allottee(s) and the common areas to the Association of allottees or the competent authority, as the case may be, [Schedule - “B” Property] is the essence of the Agreement. The Promoter Promoter/ Owner, based on the approved plans and specifications, assures to handover hand over possession of the said Villa along with ready and complete common areas with all specifications, amenities and facilities of the Project in place [Schedule - “B” Property] on ---------------------- unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real real-estate project (“Force Majeure”)) and Pandemic situations (such as Covid-19) or any other diseases or due to law and order where it becomes difficult to continue the ongoing works. If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) Allottee agrees that the Promoter Promoter/ Owner shall be entitled to the extension of time for delivery of possession of the said Villa. Provided [Schedule - “B” Property], provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) Allottee agrees and confirm(s) confirms that, in the event it becomes impossible for the Promoter Promoter/ Owner to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter Promoter/ Owner shall refund to the Allottee(s) Allottee the entire amount received by the Promoter Promoter/ Owner from the Allotment allotment within 45 days from that date. The Promoter shall intimate the Allottee(s) about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s)Allottee, the Allottee(s) agreed Xxxxxxxx agrees that he/ she/they shall not have any rights, claims etc. against the Promoter Promoter/ Owner and that the Promoter Promoter/ Owner shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Agreement for Sale
Schedule for possession of the said. Xxxxx –Apartment - The Promoter agrees and understands that timely delivery of possession of the said Villa Apartment to the Allottee(s) Allottee and the common areas to the Association of allottees or the competent authority, as the case may be, Allottees is the essence of the Agreement. The Promoter assures to handover hand over possession of the said Villa Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on ---------------------- within 30th April 2029, unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project (“"Force Majeure”"). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the said Villa. Apartment, Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) Allottee agrees and confirm(s) confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated terminated, and the Promoter shall refund to the Allottee(s) Allottee the entire amount received by the Promoter from the Allotment allotment within 45 days from that date. The Promoter shall intimate the Allottee(s) Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s)Allottee, the Allottee(s) agreed Allottee agrees that he/ she/they she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Sale Agreement
Schedule for possession of the said. Xxxxx –Apartment - The Promoter agrees and understands that timely delivery of possession of the said Villa Apartment to the Allottee(s) Allottee and the common areas to the Association of allottees or the competent authority, as the case may be, Allottees is the essence of the Agreement. The Promoter assures to handover hand over possession of the said Villa Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on ---------------------- within 30th December 2027, unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project (“"Force Majeure”"). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee(s) agree(s) Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the said Villa. Apartment, Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee(s) agree(s) Allottee agrees and confirm(s) confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee(s) Allottee the entire amount received by the Promoter from the Allotment allotment within 45 days from that date. The Promoter shall intimate the Allottee(s) Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee(s)Allottee, the Allottee(s) agreed Allottee agrees that he/ she/they she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.
Appears in 1 contract
Samples: Sale Agreement