Common use of TERMINATION BY ALLOTTEE BEFORE POSSESSION DATE Clause in Contracts

TERMINATION BY ALLOTTEE BEFORE POSSESSION DATE. In the event, the Allottee intends to terminate this Agreement, then the Allottee shall give a prior written notice (“Notice”) of 60 (sixty) working days to the Promoter expressing his/her/its intention to terminate this Agreement. The Allottee shall also return all documents (in original) with regards to this transaction to the Promoter along with the Notice. Upon receipt of Notice for termination of this Agreement by the Promoter, this clause shall be dealt with in accordance with the provisions mentioned above.

TERMINATION BY ALLOTTEE BEFORE POSSESSION DATE. In the event, the Allottee Allottee/s intends to terminate this Agreement, then the Allottee Allottee/s shall give a prior written notice (“Notice”) of 60 (sixty) working days to the Promoter expressing his/her/its intention to terminate this Agreement. The Allottee Allottee/s shall also return all documents (in original) with regards to this transaction to the Promoter along with the Notice. Upon receipt of Notice for termination of this Agreement by the Promoter, this clause shall be dealt with in accordance with the provisions mentioned above.