TERMS OF ALLOTMENT Sample Clauses

TERMS OF ALLOTMENT. 1.1. The Allottee/s hereby has/have agreed to purchase from the Promoter and the Promoter hereby have agreed to sell to the Allottee/s, the Said Apartment having carpet area of 1121.00 square feet, equivalent to 104.14 sq mts., along with appurtenant Balcony/Deck area of 86.00 sq. ft. equivalent to 7.99 sq mts, in the B Wing, on the 13 floor in the said Building known as "XXXX CLASSIC" along with the exclusive usage of2 No. of parking as permissible under the applicable law as per proposed layout of the Said Apartment given in Schedule 'B' free from all encumbrances expect those which are disclosed, lien, charges or claims whatsoever, for the Total Sale Consideration of INR 12459403/- (Rupees One paid towards the Total Sale Consideration shall comprise of the following and is more particularly described hereunder in Clause 1.2 and evinced in the payment schedule hereunder as Schedule 'E' (“Payment Plan”). 1.1.1. The Allottee/s shall also have undivided proportionate share (hereinafter “UDS”) in the Project as more fully described in the Schedule 'D' Property hereunder. The Allottee/s shall also be entitled to proportionate share in the Common Areas in the Project. Since the share / interest of Allottee/s in the Common Areas is undivided and cannot be divided or separated, the Allottee/s shall use the Common Areas along with other occupants, maintenance staff etc., without causing any inconvenience or hindrance to them. It is clarified that the Promoter shall hand over the common areas to the Association of Allottees Owners after duly obtaining the completion certificate from the competent authority or from the authorized architect as provided in the Act; 1.1.2. That the computation of the price of the said Apartment includes recovery of price of land, construction of not only the Apartment, but also the proportionate share in the Common Areas, internal development charges, external development charges, presently applicable taxes, cost of providing electric wiring, electrical connectivity to the apartment, lift, water line and plumbing, finishing with paint, tiles, doors, windows, fire detection and firefighting equipment in the common areas, maintenance charges as per Clause 1.2.2 etc. and includes cost for providing all other facilities, amenities and specifications to be provided within the Apartment and the Project; 1.1.3. It is made clear by the Promoter and the Allottee/s agrees that the said Apartment and the corresponding UDS along with the allotted...
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TERMS OF ALLOTMENT. 1.1 The Allottee hereby has agreed to purchase from the Promoter and the Promoter hereby have agreed to sell to the Allottee, the Said Apartment having carpet area of 395.00 square feet, equivalent to 36.70 Sq Mts along with appurtenant Balcony/Deck area of 24.00 sq. ft. , in the Wing, on the 3rdfloor in the said Building known as "TORINO" along with the exclusive usage of 1 No. of parking as permissible under the applicable law as per proposed layout of the Said Apartment given in Schedule B free from all encumbrances, lien, charges or claims whatsoever, for the Total Sale Consideration of Rs.3754372/-(RupeesThirty Seven Lakh Fifty Four Thousand Three Hundred Seventy Two only). The amount paid towards the Total Sale Consideration shall comprise of the following and is more particularly described hereunder in Clause 1.2 and evinced in the payment schedule hereunder as Schedule E (“Payment Plan”). 1.1.1 The Allottee shall also have undivided proportionate share (hereinafter “UDS”) in the Project as more fully described in the Schedule D Property hereunder. The Allottee shall also be entitled to proportionate share in the Common Areas in the Project. Since the share / interest of Allottee in the Common Areas is undivided and cannot be divided or separated, the Allottee shall use the Common Areas along with other occupants, maintenance staff etc., without causing any inconvenience or hindrance to them. It is clarified that the Promoter shall hand over the common areas to the Association of owners after duly obtaining the completion certificate from the competent authority or from the authorized architect as provided in the Act; 1.1.2 That the computation of the price of the said Apartment includes recovery of price of land, construction of not only the said Apartment, but also the proportionate share in the Common Areas, internal development charges, external development charges, taxes, cost of providing electric wiring, electrical connectivity to the apartment, lift, water line and plumbing, finishing with paint, tiles, doors, windows, fire detection and firefighting equipment in the common areas, maintenance charges as per Clause (1.1)etc. and includes cost for providing all other facilities, amenities and specifications to be provided within the said Apartment and the Project; 1.1.3 It is made clear by the Promoter and the Allottee agrees that the said Apartment and the corresponding UDS along with the allotted Parking space shall be treated as a single in...
TERMS OF ALLOTMENT. 1.1. The Allottee hereby has agreed to purchase from the Promoter and the Promoter hereby have agreed to sell to the Allottee, the Said Apartment having carpet area of square feet, equivalent to
TERMS OF ALLOTMENT. A. GENERAL TERMS : (i) BIPL is the absolute and lawful owner of Khasra Nos. 114/3,46/2,48, 166/112,121-136/2, 121- 136/3/1, 118/2, 119, 118/1, 117/1 kh, 114/1/1, 115/1, 42-43/2/1/2, 42-43/2/2, 42-43/3/2, 122- 123/1, 123/2, 123/3, 123/4, 123/5, 42-43/1, 39-40-41/1/1/1, 45/1, 45/2, 114/1/2, 115/2, 116, 117/1 ka, 46/1, 114/2, 117/2 admeasuring 33.73 Hectares (83.36 Acres) in total, situated at Village Jatkhedi, P.CNo. 51/42, R. I. Circle- 4 and Land Khasra Nos. 246, 247 admeasuring 0.85 hectares (2.10 acres) at Village Xxxxxx, X.X. Xx. 00, X.X. Xxxxxx-0, all lands falling under Development Xxxxx Xxxxx, Xxxxxx Xxxxx, Xxxxxxxx Xxxxxx, X.X, from its previous lawful owners ; detail of sales deed (s) are described in the Schedule A (ii) In response to your application dated BIPL has agreed to allot a Developed Residential Plot known as Plot No....., area sqft in our Xxxxx Lifescapes Project, being developed on said land after obtaining all the necessary permissions, sanctions, approvals & certificates from the concerned departments/authorities, with which you have already satisfied yourself before issuing this letter. (iii) That you the allottee also agree that BIPL has obtained all the following due permissions from all the concerned departments, with respect to the said land :- a) Land has been duly diverted by Diversion Order Nos. :
TERMS OF ALLOTMENT. All Shares to be subscribed, allotted and issued in accordance with this Agreement shall respectively be subscribed, allotted and issued fully paid and free from all Encumbrances and with all the rights attaching to them pursuant to the Articles or the New Articles, respectively.
TERMS OF ALLOTMENT. The Allottee hereby has agreed to purchase from the Promoter and the Promoter hereby have agreed to sell to the Allottee, the Said Villa bearing No.366 consisting of a Ground Floor and First Floor admeasuring 2661.00 sq. ft., equivalent to 247.21 sq. mts. ( 103.98 sq. ft) as deck area, in the HOUSE OF HIRANANDANI DEVANAHALLI VILLA PHASE 1A with pro rata share in the common areas (“Common Areas”) as defined under Sub-section (n) of Section 2 of the Act (and hereinafter referred to as the “Said Villa”) and more particularly described in Schedule C hereto and the floor plan of the said Villa is annexed hereto and marked as Annexure II; as per proposed layout of the Said Villa given in Schedule C free from encumbrances, lien, charges or claims whatsoever, for the Total Sale Consideration of Rs.31080240/- (Rupees Three Crore Ten Lakh Eighty Thousand Two Hundred Forty only). The amount paid towards the Total Sale Consideration shall comprise of the following and is more particularly described hereunder in Clause 1.2 and evinced in the payment schedule hereunder as Schedule K (“Payment Plan”).
TERMS OF ALLOTMENT. The Rights Shares will be allotted upon the terms and subject to the conditions set out in the bye-laws of the Company and in the Rights Issue Documents.
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TERMS OF ALLOTMENT 

Related to TERMS OF ALLOTMENT

  • Terms of Agreement In consideration of the mutual representations, warranties, covenants and agreements contained herein, the parties hereto agree as follows:

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